I didn’t know how to start this, and I apologize if I seem to jump around.
A little about myself. I’ve been reading comics since about 1992 in high school. The launch of Image was a big draw for myself and I’ve been hooked ever since. I’m just your average person with about 40(ish) pulls and read the stories I enjoy each month. I love Batman and will typically read mostly anything written by Eric Powell or Jeff Lemire. Those are a couple of my favorites.
The reason I wanted to write today is because what in the world is going on with comics? Things are going nuclear and I’m hard pressed to remember a market this hot pretty much across the board. Maybe the only exception being all the hype in the early 90’s surrounding Superman, Batman, Image, and Valiant. However, I don’t mean for this to come across as when will the “bubble burst” like the 90’s. I’m not at all concerned about that and I’m primarily in this for the enjoyment and reading my books. Comics are my hobby and are used to escape reality for a moment.
However, I do actively watch and sometimes participate with online comic communities. Whether it be the old Google+ groups, Comics Heating Up, CBCS message boards, CGC message boards, CBSI site etc…. Comics Heating Up is by far my favorite community and I love/appreciate what Tony has built here. Mostly because of the culture and not everything has to turn into a dispute or argument.
Anyhow, I feel like I’m at a bit of crossroads. Not because I’m quitting comics (that’ll never happen) but just the crazy seller market right now. I’m sure there’s plenty of examples but this is what I quickly looked up in the past five minutes:
Venom #3 Cover A $200-$250 raw
Venom #3 2nd Print $80-$100 raw
Venom #3 3rd Print $400-$500 raw
ASM #4 Ramos Variant $300-$400 raw
ASM #4 Cover A $100+ raw
EOSV #2 Cover A 1st Print $450-$500 raw
EOSV #2 3rd Print $75-$100 raw
Ultimate Fallout #4 $300-$400 raw
ASM #300 $550-$625 raw
These are eBay SOLD prices within the past day or two. So, because I’m a reader I’m not at all interested in breaking any of my runs. However, because I’ve been speculating here and there for so long over the years, using the internet, I have an abundance of these hot books from all ages. Many of which I purchased for cover or less, or just a small premium years ago because they weren’t doing anything like today.
So, what’s causing all this? Is it because there hasn’t been too much new content recently? Is it because of stimulus money? Is it the political climate? I really don’t know but what I’m struggling with is the choice to sell or not. The books I used in my example are expensive for their own reasons but is there still more room for growth? What happens when Miles or Knull hit the screen? Are prices going to come crashing down until that happens or is this the new norm? I’d have to imagine things will settle a bit, but I’d like to think gone are the days you’re ever obtaining most of these for $100 or less.
I’ve always wondered what I’d do with all my books as I got older. I planned on giving most of them to my children, but this current market is something else. There are literally thousands upon thousands of dollars to be made right now. I’ll probably sell a few just to chase some books I never thought I’d own. Books like IH 181. I have the 180 but could never afford the 181. I think now might be the time to start working towards those goals.
I know this is a speculator site first but is anyone else struggling with this or thinking about today’s market? Is it too early to sell or is there seriously room for more growth? I’m so far ahead on most of these moderns simply because I paid so little for them at the time. Anything I paid current market for (at the time) as already been recouped as I usually purchase more than one copy of things depending on their current market. As an example, I purchased multiple Venom #3 Third Prints from TFAW at $3.39 per copy because of an article/tip on this site. I’ve only sold one (too early) at $159 just a week or two ago but it’s currently at $400-$500 raw now. This is a great example. Do I sell everything but one copy or do I gamble and see if it ever becomes a $750-$1000 book? It’s all a gamble as nobody will ever know. Too many times we’ve seen things just crash overnight (Sixth Gun lol) (love that series btw) so what are you all doing during these crazy times? Just make that money now? =)
Thank you for your time and I hope to see some replies. Be safe everyone!