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Comics Auction Watch – ‘The Walking Dead’ Prices Rise Following TV Show Finale

by Matt Baum (03/28/12).

Shortly after the AMC series’ season-two finale of “The Walking Dead,” which featured the first appearance of the sword-wielding Michonne—the hooded character with the two armless zombies chained to her—her first comic appearance took a huge leap in price.

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

Auction Watch!

Once again, The Walking Dead back-issues are exploding in price, but this time it’s more than just #1s. Shortly after the AMC series’ season-two finale, which featured the first appearance of the sword-wielding Michonne—the hooded character with the two armless zombies chained to her—her first comic appearance took a huge leap in price.

Michonne first appeared in Walking Dead #19 (Image, 2005), which guided for $40 before the rumor of her appearing on the TV show hit the comic book news sites. It was the week before the season finale, March 17, when things on eBay started to get crazy:

• On March 11 a copy of Walking Dead #19 sold for $200 with 28 bids. After that, the blood was in the water and collectors went insane.
• On March 13 a copy of #19 from the CGC Signature Series signed by writer Robert Kirkman sold with a “Buy It Now” price of $799.
• On March 17, the day of the finale, a copy of #19 in CGC 9.6 condition, sold for $375 with one bid, while an unslabbed copy sold for $240 with 22 bids. (Unslabbed is a term for comics that are not CGC graded)

Then things got nuttier:

• On March 18, a copy of #19 in CGC 9.8 condition sold for $455 with 31 bids.
• Later that same day, another copy of #19 from the CGC Signature series in 9.8, signed by Kirkman and artist and co-creator Terry Moore, sold for a “Buy It Now” price of $999. The strange thing here is that Moore didn’t have anything to do with this issue or the creation of Michonne. Moore was only penciled for the first six issues of the series. I’m not certain, but my guess is that Adlard designed and co-created Michoone.
• And even later on the 18th, an unslabbed copy described as Near Mint to Mint condition sold for $435 with 54 bids.

And then somewhere between the 19th and the 20th things went totally insane:

• On March 20, a copy of #19 CGC Signature Series, in 9.8 condition and signed by Kirkman, Moore, Adlard and inker Cliff Rathburn, sold for a “Buy It Now” price of $1,999.99. Also a copy in CGC 9.8 condition sold for $670 with 32 bids.
• On the 21st, an unslabbed copy of #19 described in 9.8 condition sold for $600.
• On the 22nd, another CGC Signature Series in 9.8 condition signed by Kirkman sold for a “Buy It Now” price of $999.99.

As of today Walking Dead #19 is selling for anywhere from $250 to $350 unslabbed. The CGC Census currently lists 54 copies of Walking Dead #19 in 9.8 condition and 40 copies in the same condition from the signature series. My guess is that prices should start to settle around the $200 level for unslabbed copies, but there’s really no way to guess how high graded copies could go for.

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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 Comic Book Forum in the WorthPoint Forums, located in the Community tab. You can also reply to this article in the “leave a reply box below. If you need more comic-nerd in your life, you can follow Matt on Twitter, where he’s always screaming about something nerd-related. Thanks to all Matt’s new followers and keep the comments coming!

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2 Responses to “Comics Auction Watch – ‘The Walking Dead’ Prices Rise Following TV Show Finale”

  1. nilly says:

    The ‘weekly’ series has gone through the roof as well. Last week after the season ended, WDW#1 was selling for over 65$, and WDK #19 selling for over 50$. Now its cooled down to 10$ less those prices. But I beleive prices will continue to rise because regular series issues are becoming unattainable (#1 at $800, #19 at $250 respectively), so fans may make the ‘weekly’ more desirable. Just watch the hype when the next season starts, with michonne in full swing.

    • Matt Baum says:

      Couldn’t agree more Nilly. This isn’t the first time a reprint series has seen this kind of interest but it dosen’t happen often. Next watch what happens with the first appearance of the Governor.

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