yep, that’s why it makes those golden age books so valuable.
When I first joined CHU my thoughts on modern comics is that eventually they may rise in value because the print run is so minuscule compared to books printed in the 90s. Books in the 90s had a million+ print runs while today modern comics barely scratch 10K to 20K, and that would make it a success. My thought was today’s trash could be someone’s treasure someday.
I don’t think that anymore simply because in today’s collecting world people get random moderns and just grade everything. They store and protect them so in the cgc census even very minor keys got hundreds or thousands graded in the census. This is not the case for golden age books. Some are single digits on the census. Scarcity makes them very valuable.
Yup and scarcity doesn’t always mean something is valuable. Demand is the drive behind value, then along comes availability that plays it’s role along with demand. But in the end, it’s all demand. If there’s no demand, then whatever it is has no actual value.
If you follow heritage auctions recently, even golden age has plummeted. Not as hard, but noticeable. The only stable or increasing prices/record sales are the books that don’t come to auction but every 5-10 years, or last sold in a particular high grade pre-covid.
Except for covers. If you slab a cover it’s gold. Isn’t that right @agentpoyo ?
I had a dream the night I posted this…asteroid landed in a lake down the road from where I grew up. Had to run back to the house and tell my family to head for cover in the basement before the wall of fire came. Of course every room had a window and no protection…wall of fire never came anyway…but then I was worried about radiation (?) and upset I didn’t have a Geiger counter…