October 19, 2005

A comics commercial break

Hi, it's Glenn. As you may know, I run a website called Lot Auctions, and there's an auction going on now of 30,000+ comics that a lot of you might want to bid on. Every so often, you hear about a collection like this-- now you have a chance to get in on it.

This is the personal collection of a long-time employee of the big-two comics companies (we can't tell you who because of their corporate policy) who has to pay for a college education for his kids-- so he's selling off his entire collection, from Action Comics to Zot!, including complete runs of Avengers, Justice League, Green Lantern, Iron Man, and many others.

Most books prior to 1975 are VG or better, most books after 1975 are VF or better. Many are in mint condition (read once) and many rare issues are to be found, like the Elseworlds 80 Page Giant that includes Kyle Baker's "Letetia Lerner, Superman's Babysitter" and which was pulped in the United States-- less than 700 copies are suspected to exist.

Covers shown are NOT the actual covers, but used only for display purposes. The collection is available for viewing by appointment, and individual issues are also available for more precise grading information on request. Shipping costs will be paid by the buyer for any and all issues purchased.

Any questions, feel free to ask in comments here or on the Lot Auctions site. Bid heavy-- the more money this auction brings in, the less intrusive ads I have to put on the site to pay for all this bandwidth.

Posted by Glenn Hauman at October 19, 2005 01:25 AM | TrackBack | Other blogs commenting
Comments
Posted by: Josh at October 19, 2005 09:10 AM

Holy Crap, I wanna cry

Posted by: John at October 19, 2005 09:30 AM

If I win 340 million dollars tonight, it will be tempting to bid on the whole lot. Except...I'd have to buy a house to store them all. Of course, if I win 340 million, I'm likely to be buying a house anyway.


Posted by: dave w. at October 19, 2005 01:38 PM

Are all the books going for one price, or do we bid on individual titles?

Posted by: Fred Chamberlain at October 19, 2005 02:22 PM

My question exactly, Dave. I drooled over a few lots. It loooks like, and is stated, that they are part of a whole lot..... but there are individual auction start prices on them. The owner would makes tons more $$$ with smaller auctions without much more work. That would also also for a larger body of bidders, since it is currently wayyyy out of the price range for most everyone except larger professional dealers *Again, not the people to sell to if you want $$$*.

Good luck with the auction Glenn and Mr. X.

Fred

Posted by: Josh at October 19, 2005 03:39 PM

From what I was able to gather, you can bid on the entire thing, each individual set, and each individual comic itself. I'm not sure how it works out if I bid on the set and you bid on four of the individual issues in the set, but there's too much stuff I like not to give it a shot.

Posted by: Ralf Haring at October 19, 2005 03:42 PM

I'll echo the question about how the whole "lot" thing works. How does it work if someone bids on all 30K comics vs. if they bid on one set vs. if they bid on individual comics?

Posted by: UmberGryphon at October 19, 2005 04:36 PM

I would assume that the Lot Auctions engine is smart enough to figure out which method (selling a lot vs. selling the individual items in that lot which got bids) results in more money and uses that method.

Posted by: Don at October 19, 2005 05:14 PM

http://www.lotauctions.com/aboutus/AUs.cfm implies that the deal resulting in the best take is the one that gets used. So if the bid for the whole set is $25,000 and the individual bids add up to $25,001 then the individuals go.

Which presumably then leaves the seller with a lot of extra choad. Wonder what they're supposed to do with that? It also would seem to overlook the hassle involved in piecemeal vs mass sale.

Posted by: dave w. at October 19, 2005 10:17 PM

So, if I understand correctly--I should bid on any comics or comic lots I am interested in. That is, if like a previous poster said, I don't win the lottery and can bid on the ENTIRE LOT.

Posted by: Bob at October 21, 2005 02:05 AM

Seems a bit of an unusual auction format. Definitely some decent comics there at decent starting prices. A few things:

Can you make a plain text file of each issue in the collection and the starting/current price available? It would save me (and I assume others) a lot of time and you a lot of bandwidth compared to having to click through each series to see if you have the issues I want, especially since I have to cross-reference with my own collection.

Can you give a rough estimate of shipping costs per comic? I know it says actual amount, that's fine, but given the widely divergent shipping prices I've seen on on-line (espcially for me, since it's shipping to Canada) it's best to have a rough idea before bidding.

Can you fix the listings so that the issues are in order when you look at a set? Right now it goes "#1, #10, #100... #2, #20" for long running books, which is always awkward. Easiest way to fix that is usually just to make all issue numbers three digits ("#001, #002") so they sort correctly.

Posted by: Josh at October 21, 2005 08:50 AM

I'm not trying to be offensive here, but reading through the list makes me want to start bidding. However, I've never heard of this auction site before, and according to his profile, this is this "hauman" 's first auction. Can anyone verify that the site and seller are legit? Like I said, not trying to be offensive, I just get nervous about credit card info.

Josh

Posted by: Josh at October 21, 2005 10:13 AM

I went ahead and assumed if Peter's webmasteris behind this, it must be legit, I can't register. It says there's a problem with my credit card, but my credit card company says there's no problem.

Josh

Posted by: Fred Chamberlain at October 21, 2005 10:29 AM

Josh, I had experienced a tie-up too. After a delay of about 3 or 4 days, I just received an e-mail with confirmation info. Glen has stated that there was a glitch with credit card info, but has stated that it has been rectified. Give it a few and I'm guessing you will be set.

Fred

Posted by: Fred Chamberlain at October 21, 2005 04:11 PM

Disregard the "you will be set" statement. I have attempted to get into the system to bid several times and continue to get an incomplete id/information response. I'm just about ready to throw up my heands since this has begun to get time consuming... any suggestions about the site?

Fred

Posted by: Josh at October 22, 2005 07:44 AM

It would explain why I can't find any items with bids on them *S*

Posted by: Josh at October 25, 2005 09:53 AM

Has anyone actually gotten to bid yet?

Josh

Posted by: Josh at October 27, 2005 03:11 PM

And to be fair, it now works. I've only bid a little over a hundred bucks total, but I just don't have the kind of cash I really want to spend here. Alas,

josh