The Comic Speculator – Back Issue Report: Peter Panzerfaust #1 Value Take Flight

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), (CPG) and current online auction sales. Sales numbers and rankings are courtesy of Lists of new comics are courtesy of Previews World and Comics List. Make sure and click on the links to learn more about the titles and creators discussed here. 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. If you want to hear what this nerd sounds like you can catch him on his podcast, the Two-Headed Nerd Comicast, where he and his friend Joe discuss the latest comic news, review some new comics, and answer your questions.

Peter Panzerfaust, created by writer Kutis J Wiebe and artist Tyler Jenkins, is a retelling of the Peter Pan story set in the Second World War with Peter as a British freedom fighter. Copies of Peter Panzerfaust #1 are selling for several hundred dollars in anticipation of a BBC television series based on the comic.

The Back Issue Report

Something bizarre is happening on eBay. I know, that’s a bit of a redundant statement, but this situation stands out and if it continues, we could have another Walking Dead #1 situation on our hands.

Last February, Image comics premiered a new mini-series that would later become a monthly. Peter Panzerfaust was created by writer Kutis J Wiebe and artist Tyler Jenkins. It’s basically a retelling of the Peter Pan story set in the Second World War with Peter as a British freedom fighter. I remember reviewing the comic for my podcast and really enjoying the story, although the first issue ended strangely, as I recall.

There was no way to know it at the time, but Image had another hit on its hands. The first issue sold out, as most Image #1’s tend to do, and in no time it was selling for $5-$10. Six months later and it’s still selling well. So well, in fact, that Image announced that Panzerfaust would become a regular monthly series. At that time, first-printings of #1 were selling for a little more than $10.

Since that time, something happened. It’s hard to know what it was but, suddenly, first-printings of Peter Panzerfaust #1 were selling for $300-$400 and look to be going up from there. On March 30 of this year, an un-slabbed copy sold on eBay for $430.54 with 29 bids. That same month, a CGC Signature Series copy signed by Jenkins and Wiebe sold for $900. Full runs of issues #1-#10 un-slabbed are selling for $550-$600. Even the Image first reprint of #1 is selling for $20.

Since prices took off, sellers flooded the market with their Panzerfaust issues and prices have come down a bit. Currently, first-prints of #1 are selling for a little less than $200. So, how did this happen?

At last year’s San Diego Comic-Con, Kurtis Weibe announced that Peter Panzerfaust was being adapted for a motion comic and, recently, news that Elijah Wood and Ron Perlman would be lending their voice talents hit the web. Finally, there came news that it would be adapted for television by the BBC. Since then, speculators looking to both cash in and invest in a comic that could be the next Walking Dead-sized TV hit.

I don’t see #1 selling for $10,000 anytime soon, but it’s certainly going to continue to rise in price as the TV series approaches. Now, what the heck did I do with my copy?

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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