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The under bidder seemed to have bid it right up to a penny below the magic 50K mark

& 70% of his bids were with the seller. Don't know how reputable that particular grading firm is

Could be legit could be bogus Seems awful high for a character from a TV series cartoon -_-

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Yes, I looked at the 'bidding' it makes you think, I mean $50K for a cartoon figure????

I'd fly Business Class to Marco's with a shopping list for that money!!! :rolling:

Noel

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Hello Noel

The opening hours are as follows:

From monday till sunday: 00:01 - 23.59 hours :)

You can land your plane on my private airport. :-)

See ya soon hahahaha. I am not really into starwars but from what I have learned is that these cardboards are produced in the UK :)


Marco

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The fees associated with this transaction alone would buy a really nice robot! Feebay has to love these transactions!!

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Before you comment guys, you should take a second to understand what you're looking at. This isn't just a carded action figure. It's a hardcopy. A prototype. Hand-made of resin, hand-painted, and then attached to a card to mock up a sample. One of a kind, and for many collectors, a holy-grail level piece.

It's 100% legit.

That said, the price did raise a few eyebrows in the collecting community. Prototypes are REALLY hot right now, but I don't think anyone saw it going this high. Whether it's shill bidding or not, we may never know. But I've seen some pre-production stuff that sold for only a few hundred dollars a couple years ago rocketing past the $1000 mark today.

I've got to say, I'm a bit surprised -- and kind of bummed -- to see things like "I mean $50L for a cartoon figure????" coming out of the mouths of other toy collectors. As if the prices for toy robots and ray guns makes any more sense? (Try convincing most people out there that a boxed Machine Man is worth $120,000... let me know when they stop laughing.) We're all in the same crazy boat, guys, and it's probably worth pausing for a second before disparaging another hobby, especially when we don't know the whole story behind a piece. I know I hate it when people mock the stuff WE collect... </rant>

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Doc,

Understood, and to the collector who has everything else on the list ( and funds permitting ) the thrill of owning this item outweighs any comments they are likely to read here. How do you put a price on anything? Baseball cards and comics selling for a million plus, works of art fetching tens of millions. Looking at the buying history of the bidders it just seemed a bit odd that this flew up to $50K.

Noel

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I understand perfectly what I'm looking at , apparently a shill laden auction of a carded prototype toy from a star wars cartoon of a relatively obscure character that's fairly simple in design & coloring.

Graded by an 'investment' grading company with a somewhat dubious background to say the least. A machine man for 120K seems like a steal by comparison.

I'm not dissing the item as it's interesting rather the price & particulars of the auction that may have assisted in it's steep price but hey to each his own & I expect the layman to scoff at outlandish robot prices too & I certainly wouldn't take it personally if they do ;)

Some things to ponder about AFA
Grading...?
I started reading up on AFA related topics after a friend
told me he had submitted some really nice figures for AFA grading. After AFA
received his toys,
he was contacted by Tom Derby, a representative of a
collectibles brokerage company, and solicited to sell the items he had sent to
AFA. He did actually
sell one of the items to Tom Derby.
Later on I
would learn that Tom Derby is the previous owner (1998-2005) of CCC - Cloud City
Collectibles (One of the largest AFA Sellers in the hobby),
part-owner of
AFA (2007), Owner of CIB (????) - Collectibles Investment Brokerage
(authenticating service that AFA uses exclusively), and part-time
business
partner (2007) of Brian Semling of Brian's Toys (One of the other biggest
sellers of AFA items).
This got me thinking about what a great
opportunity it would be, to be able to cherry-pick any of the hundreds of
thousands of items that have been
submitted to AFA, for their impartial,
**"anonymous"**, third-party grading. I'll bet some real gems have been sent to
AFA by people that are not
well-researched, or educated in the area of
vintage action figures. Only to have their personal information forwarded to Tom
Derby, so they can be
swept off their feet by a cash offer of probably less
than half of what the figure is worth.

The majority of the info that made
the CCC/CIB/AFA/Tom Derby/Brians Toys Connection more accessible was from the
forums on rebelscum.com , where Tom
Derby posted regularly for a long while
(4/9/02 through 10/10/07).

Some posts from the AFA section on
rebelscum.com forums....

1...http://threads.rebelscum.com/showfla...part=1#2652094 = AFA
debate thread on rebelscum.com forums
....5th post down (Steve
Tomlinson)explains how items sent in for AFA grading are cherry-picked by Tom
Derby,(former owner of Cloud City Collectibles,
Part owner in AFA, Owner of
Collectors Investment Brokerage, partner with Brian Semlinson of Brians
Toys.
2...Same thread....10th post = CollectInvest, (Tom Derby)
confirms that toys submitted to AFA, very well may have been purchased by him,
before hitting the
market......This means that every rare, highgrade
collectible submitted to AFA is made known to Tom Derby, who being part owner,
could use his advantageous
position as part-owner to contact the toys owner,
and try to convince him to sell. What a great opportunity to exploit collectors
lack of knowledge in Vintage toys.
3...AFA and Cloud City
Collectibles are geographically 7.5 miles apart?????
4...http://threads.rebelscum.com/showfla...part=1#2849182 = AFA
Section on rebelscum.com forums,
thread titled..."Tom Derby filed AFA
Certificate of Incorporation"
5...First post provides links to State
of Georgia public files of AFA Incorporation by Tom Derby in 2002.....Tom Derby
owned Cloud City Collectibles until
2005..
copied + pasted from first
post in thread.....
The 2002 filing is available here
http://corp.sos.state.ga.us/imaging/12990948.pdf

Other
documents related to the ownership of AFA and Cloud City Collectibles are
available here

http://corp.sos.state.ga.us/corp/soskb/Corp.asp?1068433

http://corp.sos.state.ga.us/corp/soskb/Corp.asp?161229

Make
of this what you will.


6....
Copied + Pasted response from Tom
Derby

Tom's Response:

Hi Demolition,

An Incorporator is a
person who executes the Articles of Incorporation for a company. I have
addressed this topic on several occasions and have even
addressed issues of
ownership. The term agent or incorporator doesn’t reflect officers of a
corporation or the breakdown of ownership. In addition,
privately-held
companies do not file public documents related to ownership or changes in
ownership. A Georgia resident must also file some of these
documents and
Charles Ware has never been a Georgia resident. I will once again go on record
to say that I have no ownership in Cloud City Collectibles.
I will also go on
record to say that I do now have ownership in AFA. I hope this information is
helpful to you.
Thank you,
Tom


7....Above response
Tom Derby publicly states he has ownership in AFA.

8....Tom Derby
claims to have sold CCC in 2005....16th post in AFA debate thread on
rebelscum.com forums
9...CIB has an office in the AFA
building.....16th post in AFA debate thread on rebelscum.com
forums
***The thing that bothers me most about this whole
mess, is that, if you haven't figured it out, AFA was incorporated as a business
in the State of Georgia in 2002, by Tom Derby. ......In 2002, Tom Derby owned
Cloud City Collectibles, who has consistently been the leading retailer/seller
of AFA items since AFA began doing business.
Everyone's opinions and
conclusions are their own........but the facts are the facts.......no matter who
tries to sugarcoat them.
I am hoping this thread will
inspire people to do their own research on this subject.
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Well put Oz, puts a whole new perspective to this AFA thing at least for me yeh I was slow at picking up on it...should've seen through it. Kind of figured there was something behind it all, makes sense. :frustrate:

All those innocent SW toys being used in such a nefarious manner. :breakit: An you never get to touch the toys that's the sad part.

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It is sad & very similar to what sports 'collectibles' have gone through for decades ,

FYI I copied & pasted the AFA commentary but if I was buying into that market I

certainly would be doing my due diligence

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