The Comic Speculator – Back Issue Report 11/17/2010

Aquaman #1, CGC Certified 9.2

The Comic Speculator is a blog written by WorthPoint Comic Book “Worthologist” Matt Baum that takes a look at each week’s hot new comics and back issues and the comic market place in general. Prices discussed here are taken from the Overstreet Guide to Comics (OVST), Comicspriceguide.com (CPG) and current online auction sales. Sales numbers and rankings are courtesy of ICV2.com. The codes under the prices of new titles discussed are Diamond Comics order codes that can be used to help your local comic retailer in ordering the issues discussed.

The Back Issue Report

It’s time, once again, for me to click and squint while analyzing sales numbers and auction results in an attempt to understand the wacky world of back-issue comics. Put on your smoking jacket, grab your bubble pipe and join me in my nerdy parlor, won’t you?

Gold and Silver News

There’s another smoking-hot Pedigree collection went up for auction at Pedigreecomics.com on Monday, Nov. 15, a collection Silver-age comics from the early-to-mid-1960’s known as the Bogatah collection. Not Bogotá, Columbia, but Bogatah, New Jersey (I didn’t know there was a Bogatah, New Jersey, either). The collection is named after the city from which the single owner of the collection hails and is the same collection that produced an Amazing Spider-Man #40 in CGC 9.8 condition that sold for $30,000. Here’re some of the highlights from the collection that I will not be bidding on because I have to buy my wife something impressive for our first wedding anniversary.

Avengers #19, CGC Certified 9.4

Batman #232, CGC Certified 9.6

Aquaman #1, CGC Certified 9.2
Atom #4, CGC Certified 9.0; #5, CGC Certified 9.2
Avengers #19, CGC Certified 9.4; #20, CGC Certified 9.4; #24, CGC Certified 9.2; #25, CGC Certified 9.2; #26, CGC Certified 9.4; #27, CGC Certified 9.4; #28, CGC Certified 9.2; #29, CGC Certified 9.4; #30, CGC Certified 9.4; #31, CGC Certified 9.4; #40, CGC Certified 9.4
Batman #145, CGC Certified 9.0; #164, CGC Certified 9.0; #227, CGC Certified 9.4; #232, CGC Certified 9.6
Captain America #100, CGC Certified 9.6; #114, CGC Certified 9.2
Daredevil #7, CGC Certified 9.0; #8, CGC Certified 9.4; #9, CGC Certified 9.4; #12, CGC Certified 9.0; #13, CGC Certified 9.2; #14, CGC Certified 9.0; #16, CGC Certified 9.4; #17, CGC Certified 9.2; #18, CGC Certified 9.2; #19, CGC Certified 9.2
Flash #123, CGC Certified 9.2; #126, CGC Certified 9.2; #129, CGC Certified 9.4; #130, CGC Certified 9.0; #131, CGC Certified 9.4; #138, CGC Certified 9.0
Green Lantern #5, CGC Certified 9.0; #6, CGC Certified 9.0; #10, CGC Certified 9.2; #76, CGC Certified 9.2
Hawkman #1, CGC Certified 9.2; #4, CGC Certified 9.2; #5, CGC Certified 9.4;
Iron Man #1, CGC Certified 9.2
Superman Annual #2, CGC Certified 9.4
Tales to Astonish #87, CGC Certified 9.2; #88, CGC Certified 9.4; #89, CGC Certified 9.6; #92, CGC Certified 9.4

Archie Comics #1

Over at Comicconnect.com, the November-December Grand Auction has begun and it features an Archie Comics #1 (Archie: 1942) in CGC 5.0 condition. Currently, the comic is going for $14,200 but, after the Pep Comics #22 (the first appearance of Archie) sold for $50,000, I would guess this Archie #1 sells for at least $25,000.According to Rob Reynolds, director of consignments at Comicconnect.com, the sale of the Pep #22 in its last Grand Auction lead to the Consignment of this Archie #1.

Also included in the auction are several other early Archie’’s, including:

Archie Comics #4, CGC Certified 3.5
Archie Comics #5, CGC Certified 4.0
Archie Comics #7, CGC Certified 5.0
Archie Comics #10, CGC Certified 5.0
Archie Comics #11, CGC Certified 7.5
Archie Comics #12, CGC Certified 6.0
Archie Comics #13, CGC Certified 5.0
Archie Comics #14, CGC Certified 7.5
Archie Comics #16, CGC Certified 8.0
Archie Comics #17, CGC Certified 6.5
Archie Comics #18, CGC Certified 6.5
Archie Comics #19, CGC Certified 4.5
Archie Comics #20, CGC Certified 7.5

I’m not going to go as far as to say that Golden Age Archie comics are hot, but those who do collect them understand how rare they are and aren’t afraid to shell out serious money for early issues.

Bronze-Age and Beyond

A few months ago I wrote—and poked a little fun—about an eBay seller who was asking upwards of $4,000 for a copy of The Walking Dead #1. This was before the AMC series premiered on cable and prices on early issues went completely nuts. At the time, I was estimating that the first issue of Walking Dead (Image, 2003) might top out at $1,000. Well, it seems I get to eat those words. On Nov. 3, a copy of Walking Dead #1 in CGC 9.9 condition sold for $1,825 with 23 bids. This is easily the most expensive sale of a Walking Dead #1, which isn’t too surprising given that the CGC census only lists three copies of #1 in 9.9 condition. To illustrate just how rare a 9.9-graded issue really is, a copy of issue #1 in 9.8 condition sold for $650 just two days ago. See my Bull vs. Bear section below for more on Walking Dead #1s in 9.8 condition.

Sell Out News

These could be the hot back issues of the future so pay attention and buy now or pay way too much for them later. The sell-outs discussed here are at the distributor level meaning there may be copies still available at your local comic shop. If they are still there, then go buy ’em, fool!

Aspen Entertainment:

Lady Mechanika #0

Shortly after the announcement of the first-printing selling out news, Aspen announced that the second-printing of Lady Mechanika #0 has also sold out and a third printing will ship on the same day as issue #1 in early December. First printings of issue #0 aren’t selling for much over cover price but Convention and Signed variants are selling very well. Watch for issue #1 to sell out very quickly as well.

Image Comics:

Artifacts #2 Second Printing

Artifacts #2 sold out almost as quickly as issue #1, which is a good sign for the crossover because fans seem to be sticking with the story. A second-printing with a black-and-white variant cover by Ryan Sook is scheduled to ship on Nov. 17.

Artifacts #2 Second Printing AUG108192

Currently, first-printings of issues #1 and #2 are still selling for cover price online and should be at most comic shops.

Bull vs. Bear

Buy or sell? Every week I get asked “what’s hot in comics these days?” Well, here’re a few comics that are either moving right now or just begging to be added to your collection:

Sell:

Walking Dead Omnibus #1

Walking Dead Omnibus #1 (Image, 2005). This was the first oversized, slip-cased hardcover edition of the Walking Dead collecting the first 24 issues. It’s beautiful. It’s out of print and it’s selling for more than $300. The collection has been out of print for a little while now and people are going nuts while bidding on eBay trying to get their hands on one. It’s only a matter of time before Image reprints the first Omnibus and as soon as they do watch for the value on the first-printing to plummet. I don’t see sales much higher than where they are now so, if you don’t care about first printings, now is the time to sell.

BUY:

Walking Dead #1

Walking Dead #1 (Image Comics, 2003), specifically CGC graded. With the $1,800 sale of the one I mentioned in 9.9 condition. Everyone who saw that sale and owns Walking Dead #1—graded or otherwise—wants a piece of that sale. Watch for eBay to be flooded with Walking Dead #1s, which will push the price on this hard-to-find comic down and maybe for the last time. AMC announced that “The Walking Dead” TV series has been picked up for another season, so there’s no sign of the comic becoming any less popular. The small flood of #1s hitting the web now might only push the price down to the $500 level, which is still pricey, but it might not ever be that low again. If you put off buying this issue for the last seven years, this might be your last chance to buy it for less than $600. Walking Dead #1 is quickly becoming the most expensive Modern-Age comic out there.

————————————-

Matt Baum is WorthPoint’s comic book Worthologist. If you have any questions about these books or anything else in the comic book world feel free to contact Matt or post your question below in the “comments” section below. Also, you can follow him on Twitter, where I’m always screaming about something nerd-related. Thanks to all Matt’s new followers and keep the comments coming! Want to know what your comics are worth? Join WorthPoint to search its database or use its “Ask A Worthologist” feature. Remember to post the title, issue number and cover price. And finally, a word to the Federal Trade Commission; all the comics discussed here are purchased solely by the writer, who receives no gifts or free merchandise from any publishers, even though he would graciously accept them.

————————————-

WorthPoint—Discover Your Hidden Wealth