The Comic Speculator – Back Issue Report 08/16/2010
Darkwing Duck #1
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 to once again take a look at the fast-paced, action-packed world of back-issue comics. I know it’s been a while, but from here on out, this is going to be a weekly blog. You’ll notice, if you’ve been following my other TCS blog, the sell out news has moved over to this blog. It just seemed like a better fit here. Let me know if you agree. Now let’s get into it.
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.
People said I was insane when I called my shot on this one, but Darkwing Duck #1 sold out at Diamond this week and has a second printing with a variant cover by James Silvani on the way.
Darkwing Duck #1 Second Printing (JUN108154)
First prints of Darkwing are currently selling for $20 and up on eBay with no sign of losing any steam. It wouldn’t surprise me to see retailers upping their order causing another instant sell out on issue #2.
What really blew my mind were the reviews:
“BOOM! Studios delivers the best all ages books on the market, and Darkwing Duck is certainly no exception . . . impressive” – IGN
“This is as fine a return as the Duck Knight could have hoped for. Don’t be surprised to see Darkwing Duck become the hottest book in an already-successful BOOM Kids! Line . . . 5/5 Stars” – ComiXtreme
I’m starting to wonder if I should have picked this one up.
Birds of Prey #2 sold out this week and DC has announced a second printing to ship on Aug. 11.
Birds of Prey #2 Second Printing (JUN108077D)
While they haven’t been instant sellouts, Birds of Prey is selling well for DC. Both #1 and #2 were top-40-selling titles in May and June, but prices on first printings are holding at cover price for now.
Morning Glories #1
Nick Spencer’s new title Morning Glories #1 sold out very quickly this week and has already has second printing scheduled to ship on Sept. 1.
Morning Glories #1 Second Printing (JUL108014)
There’s still a few of these left selling for cover price online but they’re selling fast.
Charmed #1, the new comic-adaptation of the WB’s show about three sexy witches, sold out it’s print run of 17,000 in less than three weeks. Not bad for a show that’s been canceled for four years. Zenescope has announced a 2nd printing to ship alongside issue #2.
Gold and Silver News:
Detective Comics #27
A copy of Detective Comics #27 (DC 1939) in CGC Universal 7.5 condition sold for $657,250 at Heritage Auctions. This issue was known as the “Aloha” copy, as it was only owned by two owners and has never left Hawaii until this auction. According to Heritage Auctions, this is the second-highest graded unrestored issue of Detective #27 ever to hit its online auction block.
The current owner reportedly purchased the comic for $1,200 in 1974. The CGC Census currently only lists two copies of Detective #27 in 7.5 condition and only two copies in better Universal condition.
The Action Comics #1 that is slated to save a family from foreclosure hasn’t gone to auction yet, but is making its rounds on the cable news media. Click here to see all the coverage. The auction starts on Friday, Aug. 27 as part of ComicConnect.com’s August/September Event Auction and will definitely be worth watching.
Bronze-Age and Beyond:
Walking Dead #1
A few months ago CGC (Comics Grading Company) announced that it would no longer be grading autographed comics that were not signed in the presence of a CGC employee. Click here for the full skinny on how the Signature Series works. Recently, comics from the new CGC Signature Series have been popping up on eBay and selling for premium prices. Here’s a look at a few worth mentioning.
On Aug. 7, a copy of Walking Dead #1 signed by series creator Robert Kirkman (CGC Signature graded in a 9.8 condition) sold for $1,249.99. Easily the highest price I’ve ever seen a Walking Dead #1 sell for. Currently, the comic guides for $320 in Near Mint condition. This is a huge sale for CGC. That same week another copy of Walking Dead #1 in CGC Universal 9.8 condition (unsigned) sold for $669.99. Does this mean that all CGC SS-graded comics are going to sell four times what they guide for? Probably not. Walking Dead is a hot series right now and has been gaining in popularity with news of the upcoming AMC TV series.
It’s been a while since I’ve heard about anyone freaking out over Todd McFarlane’s Spider-Man #1(Marvel 1990), but on Aug. 2 a platinum edition #1 signed by Stan Lee and Todd McFarlane CGC SS graded in 9.8 condition sold for $1,601. There were 10,000 Platinum covers printed and at one time I remember nerds paying up to $300 to get their hands on one. Currently, the Platinum edition guides for $100 and I recently saw one sell in CGC Universal 9.6 condition sell for $126.05, making the grand-plus paid for this copy, autographed or not, a huge price jump for this comic.
Speaking of Platinum editions; a Platinum edition of Superman #75 (the “Death” of Superman issue) signed by Dan Jurgens and CGC SS graded in 9.8 condition sold for $999.99 on Aug. 2. I could be wrong here, but that has got to be the highest price on record paid for a Dan Jurgens autograph. Keep in mind this is a comic that guides for $52 in Near Mint condition. Now, the comic has been selling for $100 bagged (not graded) lately, but $1,000? Really? So what’s really going on here? Has CGC come up with an even more dastardly way to create artificial rarity and nerd demand for their graded comics? Are nerds paying more than ever before for the signatures, graded comics or just the guarantee that the signature is real? It’s hard to know. If prices like these continue on signed comics, then we’ll know the Signature Series is for real. I’ll be keeping a close eye on these for sure.
Bull vs Bear:
Sea Bear and Grizzly Shark #1
Buy or sell? Every week I get asked “what’s hot in comics these days?” Well here’s a few comics that are either moving right now or just begging to be added to your collection:
Sell: If you were fortunate enough to actually find a copy of Image Comics Sea Bear and Grizzly Shark #1, you know how much fun it was. Many a nerd out there did not get a copy and are now paying $20 and up for first-printings on eBay. As much fun as it was, I don’t see Sea Bear/Grizzly Shark holding its value for long after the second printing hits stores on Aug. 4. If you’re thinking about selling your copy, now is the time.
Death of Dracula #1
BUY: Death of Dracula #1 (Marvel) sold out very quickly and, for a little while there, was selling for $10 and up online. As usual, when the second printing hit shelves, prices on the first printings crashed and currently you can pick one up for a little more than cover price. However, there aren’t many first-printings for sale. If Victor Gischler’s X-Men series takes off like I’m guessing it will, this will remain the title that started it all and it wouldn’t surprise me to see Death of Dracula #1 listed as “Scarce” this time next year.
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 me 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.
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