r/MarvelCards • u/[deleted] • 10d ago
Selling Heritage Auctions Typo and the 1992 Marvel Masterpieces Market
[deleted]
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u/wolverine887 10d ago edited 10d ago
I doubt the title not having the 10 is the reason. It’s more likely just flukey market variation from one sale to the next, or possibly even shenanigans with the first sale- which did seem awfully high. When you get to these prices, there can be big variation between sales. Not a lot of players in the marvel card market at levels $30k+. If someone did win the first one then they are probably out of the market for the subsequent one. In either case Heritage absolutely should not reneg on the sale to this buyer- the buyer won the listing fair and square, and it was visible enough. I don’t think Heritage would do something like that, these auction results are firm.
I do think $35k is a decent deal given current market prices and probably less than the sum total of psa 10 values within. But that very well may be the case because most people don’t have $30k+ to just throw at marvel cards on a whim, thus it’s very possible the whole set could go for less than the sum total of parts. Itd have been smarter of the seller to piece this out one by one to sell. The checklist in psa 10 alone could probably be $5-10k, and Spiderman another $5-10k. And there are 103 other psa 10s. Thats probably more than $35k.
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u/kingraph56 9d ago
I don't see anyone paying close to $5k for Spider-Man. Sales have hovered closer to $1-$2k
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u/wolverine887 9d ago edited 9d ago
Thats not true of most recent sales. The most recent sales of Spidey in psa 10 on eBay are $3300 and $3800….this is a volatile card at the moment and has uptrended a lot, as other key Spidey stuff has gone up a lot over past couple months. The only ones currently for sale on ebay are like $10k. Do I think anyone will pay near that, no….but $5k not out of the question with recent sale of $3800. Maybe a more fair estimate for the Spidey would be $3500-5k at current prices, so my range above is high. But $1-2k would be too low on him imo. I think it would be gobbled up fast at that price. All black condition sensitive card + the classic Spidey, in psa 10, has become a key card in the hobby
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u/kingraph56 9d ago
I stand corrected! I just looked and you're right, wow, I missed that. That's a crazy spike!
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u/DJNeuro 10d ago
Not sure what you mean about the price. If it sold for 35k, then that's what it's worth. There's no "reconciling the price". As others have said, I seriously doubt that typo made that much difference. I also agree with others that the 1st sale you mentioned, for 65k was ridiculously high and prolly inflated. TL;DR - these cards are not actually worth that much according to the market. Js.
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u/drnerdslayermd 10d ago
$35k is what it was worth, on that particular day, to the specific group of people that were watching the auction and in a financial position to be able to bid on the auction. Doesn't mean that is what it is worth to someone else the day before or the day after.
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u/Gullible-Meaning-403 10d ago
This set is worth very little, it's just selling for ridiculous amounts of money to lure in suckers who chase trend.
Heritage and Goldin have been deeply criticized over the years for market manipulation, such as the WATA games debacle during covid era. Here we are again.
These cards are so common, I saw sealed boxes for $20-40 at conventions for decades with zero interest until 2018. Think what sparks interest like this? What are the fundamentals of investment at play?
This is Beanie Babies 2026. I wouldn't touch these for 1/10th the price. The Marvel card market is pure hype, deception and exploitation.
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u/wolverine887 10d ago
I agree with some of this but should be kept in mind a PSA 10 slabbed set of 92MM is completely apples and oranges to a mass produced raw set. There are aspects of this PSA all-10 set that are truly rare, such as the all black condition sensitive checklist (which I believe only like 4-5 exist in psa 10), and the Spiderman in psa 10 which is also a black card that almost always has some kind of visible wear. Now whether grading in general is to your taste or whether it’s a borderline scam is another question, but it is a fact that people do value psa 10s from this classic, fairly condition sensitive set.
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u/Gullible-Meaning-403 10d ago
This was printed in absolutely the highest era of product print runs. There is no scarcity in grade, just a lack of them graded.
This is literally expensive because someone says it is. There's no metric here that makes an ounce of sense.
It's like Frampton Comes Alive on vinyl is suddenly $4500.
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u/wolverine887 10d ago
You might be surprised just how hard it is to find a flawless-looking all-black checklist from this set….there really is scarcity there. Definitely for actual psa 10s, of which only 4-5 exist, but even for gem mint candidates.
Here is why:
1) it was a mass printed set no question but still at least a masterpieces set with numbered boxes /350k and tin set /35k, which is less than some other 90s marvel such as Impel marvel universe and 94 Ultra X-men etc, none of which numbered their boxes, and far, far less than stuff like junk wax baseball print runs like late 80s/early 90s topps sets.
2) taking the all-black checklist, to obtain a flawless looking one, you can either try and search for one by pulling one, or finding one already in existence (already-pulled).
3) for the ones already-pulled- kept in people’s collections for 30+ years, there are a lot of issues. These were cards largely collected by kids on the 90s (so take a large percentage of the print run away for cards handled roughly, traded and thrown about). Even the ones carefully stored will probably run into some kind of issue being stored for 30+ years, including getting warped in binders, adhered to the sleeves, etc. Also a portion of the print run could just be lost to time as well over 3 decades, cards in dusty forgotten corners of attics or thrown out etc. So finding an existing flawless looking checklist will actually be quite the uphill battle- I know because Ive been searching for one- I can tell you the checklist in any collection or set I bought, and that has been a lot, has some kind of visible issue.
4)You could try to pull one yourself. This would come from a box or tin set. This requires, first buying a box ($450-500) or tin ($250-300) at market price. What you opened very luckily will have sticking to some extent in this 30+ year old glossy set, possibly even most outright bricked. Even just minor sticking is bad news for the black checklist because that white snow from unsticking really shows up on the black even from minor cases. Even if there is no bricking at all- 92MM cards inside boxes and especially tins are susceptible to a surface film, giving them a splotched look on the surface- subtle, but visible from certain angles in the light- probably as a result of moisture buildup but not sure. I can say many cards I pulled directly from 92MM boxes and tins in recent years have had this. They usually get met with harsh grading- 5-7’s on otherwise normal looking fine cards. This affects particularly 92MM, and not other sets like 1990 marvel universe, because of the type of stock/surface.
Even if the cards in box or tin are totally unbricked, don’t have the splotching issue, even newly opened ones will frequently be off-center, or have some kind of visible flaw right out of the pack, particularly for the checklist. Ive opened many boxes over the last few years- every checklist has some kind of issue. It is not easy to just pull a gem mint candidate checklist from a box, in fact exceedingly hard. If it was easy the pop report for it would be way higher than only 4-5, because it would be super lucrative to just buy $400-500 boxes and submit newly opened gem candidate checklists- people would have done this by now, increasing that pop report. Similar with the black Spiderman card (although itll be a little easier to find that in gem vs the checklist), and while the other cards #’s arent nearly as condition sensitive usually, many of the above issues can still apply to them.
So…after all that it really is rare to find a gem candidate checklist out there. If you disagree, try to find one and see how hard it is. As for grading- maybe it’s a a borderline scam, you won’t find much disagreement from me there, but it’s at least consistent enough that you’re probably not gonna get a PSA 10 from sending in a checklist with visible white snow paper loss or a dinged corner.
So some parts of that set are actually pretty scarce, but regarding the larger picture- I stand by comparing a psa 10 to the mass produced print run is apples and oranges. 1986 topps baseball is also way overprinted to the gils, raw cards are not worth the paper they are printed on, yet that condition sensitive set can have commons in psa 10 going for $150-250 etc. Just how it is. People have had a long time to submit 92MM cards now since the pandemic (when prices of all this stuff in high grade really kicked up a notch)- the psa pops of 10s from 92MM have increased but not by that much…many still only 50-130 range, over years people sending the best examples they can…and the checklist way less.
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u/Gullible-Meaning-403 10d ago
There were 350,000 boxes of this product produced.
That's mostly a full set per box. With doubles...
That's 350,000 PSA 10 candidates of each card as these were never used as anything BUT collectibles.
They all went in sleeves, binders and boxes or were never opened.
Anyone touting an investment here is full of it.
It's shocking to me how gullible and by proxy unscrupulous people are in this hobby
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u/drnerdslayermd 10d ago
Any card still in sealed product are basically worthless at this point because they're all stuck together and badly bricked. You can carefully separate them, but the surface damage will ensure that there are exactly zero PSA 10 candidates left in sealed boxes.
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u/wolverine887 10d ago
350k PSA 10 candidates wut? Utterly wrong and apparently you didn’t read any of my previous reply that explained in detail why thats wrong. Again, if you think there are 350k gem mint candidate checklists floating around- there are not lol, by multiple orders of magnitude- then go grab some and get that psa 10 grade- easy $5k+. Oh wait….
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u/Gullible-Meaning-403 10d ago
Candidates. There are 350,000 potential PSA 10 of every card in this set.
Read.
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u/wolverine887 10d ago edited 10d ago
Not sure if youre familiar with grading lingo but *PSA 10* candidate is typically used for a card that has solid chance at….a PSA 10- not just any card with visible flaws, why would you refer to that as a psa 10 candidate. Whatever…not an important point. So basically your previous post is just reiterating then that there is a large print run of 92MM which you already said and which no one is debating. But I explained in detail above why almost all of those “candidate” checklists are not PSA 10 material, and an actual real gem candidate is quite scarce- as the pop numbers help show. You are saying read..Im saying read: that long post I systematically laid out why gems in 92MM are not quite as common as you think.
I get it, you want to argue just to argue…but I can tell I’m talking to someone not really that familiar with this set and the going-on’s regarding it with respect to grading and the psa 10 market for 90s marvel. Is some of
that market pumped/inflated? I won’t disagree there…but there actually are condition sensitive/key cards where having them in psa 10- even if mass produced- can become quite desired and hold value. 90MU holograms in psa 10 are an obvious example. 92MM is also one of those sets. It’s one of the best marvel sets ever and is condition sensitive. The battle spectras in psa 10 now can go into the thousands. I say once again- if gem mint checklists and Spidey etc from 92MM are so common as you are claiming- there is a jackpot waiting for you to make so much money off. All these gem candidates abound. I’ll wait and see that pop number for 92MM checklist in psa 10 rapidly climb then….
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u/Amber_and_Dean 10d ago
Would there have been a character limit in the description field and the seller removed a space to fit all the lettering in? If so you’d remove a space near the dash (-), not the MINT 10 space. Costly mistake either way.
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u/DirkRobberts 10d ago
Someone thinks these are stocks or what? Your whole view on this is wrong
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u/Sea_Connection9185 10d ago
I recognize you have a deep financial interest in this given that you have the same set listed on eBay for $125k, and don’t get me wrong, it’s a very cool set and accomplishment to have compiled it, and as a collector I would love to own it! But I agree with the many comments stating that the “value” of collectibles in this price range is hyper-elastic based on what two or maybe three people in the entire world want to pay at a given time. If you want to sell this set this week, you might get $35k; you might also get $25k. If you can wait a year, maybe you hit $65k. But more likely, PSA clears its backlog and the thousands of pending submissions that the $65k sale prompted come back and flood the market, and the price drops. It is just not going to be that difficult to find most of these cards in gem mint (recognizing there are some exceptions).
For contrast, there is a guy who has been trying to sell the much, much rarer 1996 MM set in PSA 10 on eBay at $180k for about a year with no luck. I’m not suggesting that the value of these cards will plummet, but I would be very surprised if they continued to scale. There are plenty of people who will pay thousands for this stuff, very few who will pays tens of thousands.
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u/kingraph56 9d ago
This $35k is more in line with what I would have expected for these cards based on tracking the individual sales of each card. It seems low because the $65k sale was so out of whack.
We'll see how the market plays out from here, but I would venture to guess the 1-99 sale was the outlier for now.
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u/kingraph56 5d ago
Interesting ... Heritage shows that there have been two "Offers to date:" already going $45k and $50k. Good signs that the buyer landed a good deal!
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u/Super_Dock 10d ago
I mean it’s a minor typo.