CBR Market Lexicon · Comic Book Reference
Core Canon BenchmarkValuation & Pricing Authority
Fair Market Value (FMV Benchmark)
Panel Profits Domain Translation
The normalized, source-isolated consensus price for an exact comic issue and certified grade, backed by verifiable recorded public auction sales (CGC/GPA, Heritage, ComicConnect).
Underlying Financial Principle:
The price that an asset would sell for on the open market between a willing buyer and a willing seller, with both having reasonable knowledge of relevant facts.
INTEGRATED SOVEREIGN CBR LEXICON BENCHMARK
Canonical Mathematical Formula
FMV[grade] = Volume-Weighted Median of Verified Transaction Observations in Window [T - 90d to T]Real-World Comic Market Application
A CGC 6.0 Teenage Mutant Ninja Turtles #1 with recent verified auction sales at $4,800, $5,000, and $5,100 establishes an authoritative 6.0 FMV of $5,000.00.
Domain Guardrails & Anti-Patterns
Do not calculate or infer non-9.8 prices from 9.8 benchmarks. If no verified transaction exists, the grade remains 'Unpriced' (—).
Trade or Inspect Related Assets
Explore comic equity issues governed by this valuation standard.