If you're a serious collector of just about anything, be it sports memorabilia, rare coins, or even baseball cards, more than likely you've seen these valuable collectible treasures secured in a clear acrylic plastic case with a numerical grade. Now geic collectors are rushing to "slab" their geics. These slabbed geics in near perfect condition gemand a premium.
The success of okay along with CGC 's (geic Guaranty gepany) recent development of grading geic books has made the hobby a wise investment for some. CGC slabbed geics are trading like shares of stock on Wall Street. They are bought and sold in a similar fashion too. You can hold, sell, or buy. Some CGC books have an excellent resale value. Some even gemand double to quadraple the sales price of their unslabbed counterparts. Millions of dollars has traded hands over a six year period since the creation of CGC. CGC has had success in creating a new and revitalized market for geic books today.
CGG has aslo improved its service with faster turn around times and flat grading fees since its introduction over 6 years ago. CGC is the number one grading service for good reason. Collectors love the fact that they can actually track their slabbed geics online on okay. I had some early CGC/okay sales that netted me a nice profit. Nowadays, it's a little tougher but with a little homework you can still turn a profit. I suggest using GP analysis. It's an online tool offered by CGC as premium tracking service that monitors sales of CGC books on okay. I pay $100/yr. for this service. The information is invaluable as a collector because it offers you an average price of what you can expect to pay for a particular CGC graded book. It puts things into perspective when you buy and sell a lot like myself. They do offer a free limited trial, so check it out. The best advice that I can regemend is to buy what you like to read and slab it!
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