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You also have the time it takes to ship to and from CGC. The Express grading is a 6 working day turnaround. If you look at the Express option for pressing it says there is a 10 working day turnaround. There is one last thing to consider and that is TIME. If you grade your comic books, you’ll have them ready when the perfect time to sell appears. If you believe in holding long term, it’s not as big of a deal, however. Both are solid returns and would probably warrant the grading! The caveat is if the book comes back lower than expected, you could be sitting on the book for a while before the price increased enough for you to break even. If you received a 3.0 grade, your return would be around 10%. That is a little over a 26% return on your investment. IF you can obtain a 3.5 grade you could likely sell it for $2,300.
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The cost of the book was $1,600 plus the cost of pressing, grading, and shipping which equals $1,815 total. Of course, your mileage may vary, based on the book you purchase, what kind of deal you can find, and what kind of grade you can achieve. Follow along with me to figure a rough estimate of our return on investment for this hypothetical Hulk #181 scenario. I’m no mathematician, but I can work out a simple formula here. So, we would be looking at $185 plus shipping (let’s say $30) to bring our total to $215 for a grade and press. If we want to take the extra step and have that same book pressed, it would fall into the Express category as well ($3,000 max value.) This would cost $85. The big question to consider, as with anything, is how much does it cost? Taking a look at the CGC grading pricing, you can see that our example Hulk #181 could be graded Express for $100 plus shipping ($3,000 max value). How much does it Cost to get a Book Graded? The other option we have is to have that 181 pressed by CGC (technically CCS Pressing) and shoot for a higher grade, potentially hitting that 3.5 grade. We just need to figure out roughly how much it would cost to purchase that book ($1,600) and how much it would cost to get that book graded.
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So, in this case, the math is pretty simple. When you look to see what a graded Hulk #181 is selling for, there was a recent sale of a CGC 3.0 at $2,000 and a CGC 3.5 that sold for $2,300. This particular raw copy sold for $1,600. This book looked pretty solid and I would guess that it would be graded around a 3.0 (maybe higher). Of course, a part of the gamble with buying raw books online is the risk of getting a book in a lower grade than you expected. I took a look on eBay earlier today to see what a raw Hulk #181 could be picked up for, I was able to find a raw copy estimated grade at 3.0, which looked to be fairly accurate based on the picture provided. Today, I’d like to dive into the numbers a little when it comes to grading your books and the potential increase in value that it could provide. In the end, I concluded that it really depends on your situation and your goals. So when exactly does it make sense to grade your comic books? In my previous article, I discussed the topic of getting your books graded vs. If you could make double digits returns on your investment by grading a comic book, would you? In some cases, you might be able to do just that.
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