Apologies if this has been asked before, but how does Covrprice calculate it FMVs and what data does it use?
Just interested because it seems to base its top sellers list off pretty small volumes of sales and there is sometimes a discrepancy between the top sales prices and those listed in CHU ‘one week later’ articles.
I think it uses eBay and not much else?
According to CovrPrice, the FMV for UF4 in raw NM is just shy of $400. If anyone is selling a raw, NM copy of this book I’d like to buy it from you for that price.
That’s raw right?
So let’s assume $60 to ship the raw book to you, press it, the. Ship it out to cgc, grade and return shipping.
Now it’s $460.
There are graded 9.4s sitting at $500 free shipping OBO.
If you’re serious, I recommend making them an offer for $460 (shipped) and see what happens. That would be the equivalent of $400 raw, imo.
Pretty serious. Miles is awesome, super cool power set and I already have the first appearance of my favorite Spider-Person (Jessica Drew!)
How does Covrprice arrive at this FMV? The book is Annihilation 2099 #4. Even if you add all the sales including the $41 sale which likely is not right and average them you get $6.71 not $15. It looks like they might be averaging the last 3 sales at a particular grade to get the FMV?
The CovrPrice prices are extremely suspect, I don’t believe them unless I see eBay sales that correspond on eBay itself. I know they use data from other sources but I find they get versions of the same book mixed up, the one you are showing is a good example. I’m almost positive the 1:25 ratio is leaking into the prices of the regular version. I’m almost sure that $41 sale you are seeing on Jul 30 is this one:
CovrPrice has issue with how MCS lists their books since they almost always go by a letter version of the cover even if it is a ratio, in this case, Annihilation 2099 #4C.
Don’t even get me started on the alogrithm they use to calculate the FMV, isn’t like a Grade 9 student came up with it, I still can’t make heads or tails of it.
“Price guides” are so 1990s.
Approach such numbers as one day’s point…do your due diligence before making any decisions (buy or sell) using “price guide” values.
Otherwise none of these sites reveal their secret sauce.
