Grading is very important to pulp collectors. While grading standards do vary from dealer to dealer, and
collector to collector, there are generally
accepted standards for the industry. There has been a tendancy for some slippage over the years.
This has occurred for a number of reasons. One is that the old time dealers are fast disappearing.
These dealers built a reputation over time, and they tended to grade conservatively to maintain their customer base.
Today the typical pulp seller is on ebay. He may be looking to the long term, or he may be looking to make a fast buck. If you buy on ebay.
look for someone who has been selling for a goodly period, and read his feedback ratings.
Another common problem on ebay is sheer ignorance from so many people who are new to pulp collecting. As I read their descriptions, I can only cringe.
Here are some of the common mistakes I see:
just like Comic Books Pulp grading is similar to but not the same as comic grading.
Comic book grading places a high premium on glossy covers. The printing process for comics was different, and pulps were never intended to attain
the gloss
of a four color comic. So references to gloss are misplaced for the most part. Comic grading generally employs many more grades than does
pulp grading. I have seen several comic standards that break down mint into 4 or 5 categories for example. So far, pulp collecting has been able to resist
the impulse to grade to a huge number of grades. That pretty much killed traditional coin and stamp collecting, and it is killing comics.
high grade for a pulp that old Wrong!
Grading standards do not vary with age. A Fine condition 1950 Weird Tales should look pretty much like a Fine 1925
copy of the same magazine. There will be very few 1925 issues that will attain that grade compared to 1950 issues, but thats life.
There is no getting around the fact that even with a set standard for grading, individuals will differ. Many dealers will split grades,
and call a pulp Good-Very Good, or
near Fine. This is perfectly acceptable if it lends clarity to the process. Another tactic is to use exceptions. An item could
be Fine except for faint reading crease.
This can be overdone. There is an old time dealer who I think is still alive. Every item he sold was Fine.
It might be Fine except that two dogs tore it apart in a fight, then it lay in the rain and sun in the middle of the road
where trucks ran over it, but it was still Fine except for... .
Enough preamble. Here are my standards:
FINE: Pulp is complete, with no tears wrinkles, creases or discoloration. Pages are nearly white. Both covers are firmly attached to the
spine which is tight. There is some disagreement as to markings. I do not grade a pulp down if there are small pencil notations made by the newstand
operator years ago in an inconspicuous corner. This was a normal practice at the time. So was putting the purchase date down. That obviously does not
apply to random doodling by some past reader.
VERY GOOD: Pulp is complete with no missing pieces. Spine is attached. Pages are off white or light brown but show no signs of brittleness
or dark brown coloration due to sun or air pollution.Covers may be lightly creased but not so heavily as to distract from the cover design. Small pieces
of clear tape are acceptable but must be disclosed in the description.
GOOD: Pulp has all covers and pages. Otherwise, the item can be fairly well worn, with heavy creasing, light staining, and small pieces missing from
either cover. May be taped, but excessive clear taping or opaque taping must be disclosed.
READING COPY: Shabby condition- not considered collectible. If text is incomplete, this fact must be disclosed. May or may not have covers as disclsed.
Not every pulp will fit into the above descriptions. What to do with an issue that is Fine but has a major imperfection. A magazine may be Fine, but is
missing the back cover. Here are a number of common abbreviations often used in combination with a grade:
NFC no front cover
NBC no back cover
CTR closed tear
FTR front cover tear
BTR back cover tear
FLMP large piece missing from front cover
BLMP large piece missing from back cover
FSMP small piece missing from front cover
BSMP small piece missing from back cover
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COLLECTIBLES OF THE FUTURE
What Common Items Laying Around the House are the valuable Collectibles of the Future?
My son asked me recently what items he should be saving today that will be worth large sums of money
in the future. With my 50+ years of dealing in collectibles of one sort or another, he assumes I have a unique
perspective that will allow me to predict the future. If he were only right, I would be sitting on the beach
of some south seas island rather than slaving over a keyboard here on the fruited plain.
What he is not asking for is a list of collectibles that will steadily appreciate in value- say 5% - 15%
a year- presumably the stock market will do that- at least in good times. He is looking for the items that can
be picked up for for $1 at a garage sale and will be worth $500 in 20 years. While I cannot predict specifically
what these items are, I think I can give some general characteristics so you will recognize them when you find them.
I would be interested in additional thoughts any readers may have as to these characteristics, and specifically
what items might meet them.
Here are my thoughts:
The collectible should be something currently or recently commonly available, something
that large numbers of people come into contact with, and something cheap enough that most everyone
can afford.
In the past, this has included everyday items such as lunch boxes for example, or
toys that were ubiqitious that we give them no thought at the time. The bottom line is that we develop a
feeling towards these itens though we don't value them at the time.
The item should be cheap enough initially, amd so common that they are generally discarded by the
general population as worthless
I recently received a catalog from a company that sells movie
posters. They related a story that in the 1950's, they accumulated a large assortment of movie posters
because they were under contract to distribute them to theaters. They acumulated a large number of posters
because there were always a few left over from each movie. Eventually they had a warehiuse full. In the
1960's they were forced to move across town. To save money on the move, they threw most of the posters
in the trash because they felt the posters would never be worth anything. Today, they calculate those
discarded posters would be worth two million dollars.
I have a similar personal story concerning comic books. When I was a kid, I had a large collection of
over 2400 comics dating from 1940 through 1952, including continuous runs of many titles.
Knowing my mother would throw them away when I went away to college, I sold them to a scrap dealer
because there were no comics dealers at that time where I lived. I have calculated that these comics today
would have a catalog value of over $150,000.
This throwaway period is critical to every valuable
collectible.
The items physical characteristics should be conducive to collecting
They should be interesting, nostalgic, or artistic, and hopefully still be useful in some form.
And they should be of a size or composition that allows for display.
I once travelled between Toledo, Ohio where we once lived and Indianapolis every weekend for nearly a
year to allow my children to finish out the school year in Toledo. On a country road that is considerably
shorter than the Interstate connection between the two cities, I passed a sign every week that said
WANTED, OLD ANVILS. I suppose this proves there is a collector for nearly everything, but I doubt
that anvil prices have increased 50 fold in the last 10 years. The reason being that anvils would be
very inconvenient to collect, and do not have aesthetic appeal to most of us.
What then fits the criteria that I have outlined above. One that is a near miss is old personal computers.
We attended an auction recently where they were selling 40 or 50 computers that were used in a school.
These were really old as PC's go. They were IBM nameplate, but a pre 286 chip. They were sold with working
monitor, keyboard, and dot matrix printer (remember them?). The highest price on any of set of computer,
monitor and printer was $12. I have thrown away
several old PCs because I could not find a buyer at any price. Is this a collectible for the future.
The only criteria not met is the ease of collectibility. A full collection containing a PC jr, Apricot,
Tandy TR40, etc would take up a lot of space.
I don't know if there is any value in old typewriters, but I doubt it. I have several in the attic that
I can't bring myself to throw away because they are still functional. Typewriters will probably never go through the
throwaway phase, at least until people no longer know what they are.
Another candidate for collectibility might be obolete software, especially games in interesting boxes. Most people
throw away these items from earlier computer systems because they will not work on modern computers.
There are trends today that may prevent collectibles from ever appreciating much in value. One I will call
the Roadshow Effect. Many people watch this program every week and assume everything a few years old is
valuable. They do not see the thousands of worthless items that don't get shown on TV.
This will frustrate the necessary throwaway phase if people save everything.
Another trend I will call the Stamp Bubble, but it applies to items such as Beanie Babies and other
collectibles. We were once a relatively poor country where people had little disposible income. People bought
stamps to use on letters, period. Very few were saved in mint condition. When stanp collecting became popular
after World War II, mint stamps from earlier years became valuable overnight. This prompted people to go out
save new issues. Why save a few stamps and get slightly rich, when you can save several sheets and become
super rich? Unfortunately, when thousands of people do this, the stamps will never be of any value. The
father of one my college roommates ran a stamp store years ago. Every few weeks, someone would show up with
large quantities of stamps. One such person had over $10,000 in stamps and assumed he could send one of his
children to a private college with the sale of these greatly appreciated (he assumed) stamps.
He was devastated when he found he could not even get face value for the stamps,
and it would take several lifetimes to use that many stamps on letters. Every few months I purchase stamps
from eBay
auctions. I usually pay about 90% of face value. The last purchase was at 85%, presumably because of the weak
economy. So if something was once a hot item such as stamps or coins or beanie babies, don't waste your money
collecting current items. That train has left the station.
Another item to avoid is manufactured collectibles. If you bought Fantasy Press books when there were
few collectors, you made out OK, but not great considering inflation. But most manufactured items advertised
as collectibles will never appreciate much if at all. They may be limited production, but limited only
by the number of people silly enough to waste their money on them.
So keep your eyes open for any neglected items that meet the three criteria above, I would be interested in
hearing your comments- pro or con. Use the email link below to send them. I will publish interesting comments.
Was this article helpful? Any Comments?
Please email to me at:
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HOW TO MAKE PULP MAGAZINE COVER OF THE DAY Your Homepage
If you make MAKE PULP MAGAZINE COVER OF THE DAY your homepage, you will see the latest pulp magazine cover when you
connect to the internet every day. It is simple to do. The following instructions may not be exact for every
version of browser, but should be close:
Browser Type:
Internet Explorer (Microsoft)
While on this page, click on the "Tools" dropdown menu at the top of the page
On the dropdown menu, select "Internet options" May just be options or General for some versions
The first section of Internet Options will be "home page"
Click on the Button that says Use Current, meaning this page you are now on
Thats all there is to it!
Mozilla Firefox
While on this page, click on the "Tools" dropdown menu at the top of the page
On the dropdown menu, select "options"
The first section of Options will be "home page"
Click on the Button that says Use Current, meaning this page you are now on
Thats all there is to it!
Netscape 7.0
Under the "edit" menu, click "Preferences"
Under the "Home page" section, in the "Home page location" text box,type "http://www.pulpmagazinecoveroftheday.com"