Bronze Age Comics Market Report 5/16/22: Biggest Losers

by Joseph Overaitis

051022D-1024x536 Bronze Age Comics Market Report 5/16/22: Biggest LosersThe temperature outside may be rising but certain comic books are getting cold.  The books on this list have been very volatile.  One minute they are targets for everyone and the next moment no one seems to want them.  Right now these books are colder than the iceberg that struck the Titanic.  Here are the books dropping in the Bronze Age comics market. Please remember, the numbers are constantly changing based on the most recent sales. 

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Moon Knight #1 (Newsstand Edition) (-52 )

A. Key Features Of The Book

This is the first self-titled issue that also features the first appearance of Konshu.  This book also features the origin of Moon Knight. Newsstand copies are issues that book stores and other retailers could return if not sold.  Some comic book collectors consider these copies to be variant editions.

B. External Factors Driving This Book

The last episode of the Disney+ series dropped when this report was drafted.  The comic book market rule appears to be once the series/movie hits the book gradually loses its luster.  That rule is very evident here, but….

C. Reviewing The Key Sales Data

The book with the most demand for every comic book age is Moon Knight #1.  The newsstand copy may be dropping but demand for the direct issue is still there.  The problem is that demand does not always equal price increases.  Here, books are moving but prices are dropping for both versions of the book in general. Screenshot-2022-05-10-124701 Bronze Age Comics Market Report 5/16/22: Biggest Losers

Reviewing the numbers shows how all sales should be analyzed. Every grade for the newsstand version is dropping in value from the 90 to 30-day averages, except the 9.4 grade.

The problem with this grade is the May 7 fixed sale for $275.  This figure skewed the numbers upward for the grade. This was one of the highest grades of books sold and the buyer seemed to pay a premium to get this book.

Newsstand copies may be rarer than their direct edition counterparts but there were probably better options available on a book that is dropping in value.

D. Future Outlook

The market is not looking good for the newsstand or regular issue.  Hot books may be hot because sellers do not want to get burned. A buyers market exists right now, so it might be wise to buy on the dip and hold the book to see if another installment of the television series will be green-lighted. Think of the strategy recommended for Ms. Marvel #1.

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Hero for Hire #1  (-50)

A. Key Features Of The Book

This is the first appearance of Luke Cage in his own self-titled series.  This book features the double attraction of a first issue with the character’s first appearance. Collectors love this type of book.

B. External Factors Driving This Book

Fans believed that when the Netflix show was done, demand for this issue was done as well.  The series appearing on the Disney platform drove interest in the book.  Investors and speculators have short-term attention spans and that appears to be what is at play here.

C. Reviewing The Key Sales Data

Screenshot-2022-05-10-125725 Bronze Age Comics Market Report 5/16/22: Biggest LosersMarket manipulation, major fan, or FOMO.  That is the question when the 6.0 30-day average is compared with other grades’ 30-day average.  An April 28 auction produced a  $570 sale for a 6.0 copy.

The bidders could have had a 7.5 copy at Heritage Auctions on April 12 or a 7.0 copy for $558 at an eBay auction on May 7.  Bids like this can skew the numbers, so be careful and watch the market.

D. Future Outlook

This book will always be in demand.  The issue is how much demand and at what price.  FOMO is real. Mike Colter had a great take on Luke Cage and fans expect the character to re-appear in the MCU.  The problem is that everyone was infected with FOMO at the same when the series appeared on Disney+.  The incubation period for FOMO for this issue strain appears to be a month.  Interest wanes and prices drop.  Buy on the dip and hold.

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Wolverine Limited Series #2 (-47) 

A. Key Features Of The Book

This is the second issue of the classic mini-series.  This issue features the first appearance of the heroine Yukio.

B. External Factors Driving This Book

People heard the familiar tones of Patrick Stewart and like sailors to a muse, investors were drawn in.  Mutants will be coming to the MCU.  Speculators got infected with FOMO and this book was in play.

C. Reviewing The Key Sales Data

The 9.8 grades rose in value when comparing the 90-day and 30-day averages.  All other grades dropped.  What is interesting is that Wolverine Limited Series #4 was the 4th biggest loser, dropping 45 spots.  This issue has fewer graded books when compared with issue #2.  That may be impacting prices.  9.4 and 9.2 grades of Wolverine #4 have a higher price than the same grades of issue #2 while a 9.6 copy has the exact same value of $140 for the 30-day averages. Screenshot-2022-05-10-130321 Bronze Age Comics Market Report 5/16/22: Biggest Losers

D. Future Outlook

The prices are not great for this book except in the 9.8 grade.  The cause may have been, again, the dreaded mutant strain of FOMO.  Investors and speculators want to get in on key books before they explode in value caused by any MCU news.

In this case, the news was tenuous at best but the MCU wave became a tsunami before anyone bothered to compose themselves.  Now, the market is adjusting and prices are dropping.  The more people lose interest in these books, the lower the prices will hit.  If you want to have a book that holds its value, buy the 9.8 grade.

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Incredible Hulk #182

This is a bonus book for the list.  The book dropped 30 spots and was a candidate for our lead balloon awards.  FOMO has a way of infecting many in the market and this book was impacted.  The saving grace is that higher grades of this book rose in value when comparing the 90 to 30-day averages.

FOMO has different degrees of infection.  Investing in the 3rd appearance of Wolverine is not a bad way to go if you do suffer from FOMO.  This book has long-term potential and investors and collectors realize it.  Many may not be able to afford the first two appearances of Wolverine, but this issue is still within the reach of many hobbyists.  Demand may be down, but not prices.  Now may be a great time to buy!

Want more Bronze Age analysis?

UNDERVALUED & OVERLOOKED COMICS – BRONZE AGE
HOT 10-DAY BRONZE AGE COMICS WITH 30-DAY POTENTIAL
BEYOND THE HYPE…NEW BRONZE AGE COMICS MOVING IN THE MARKET

Are you investing your dollars in Bronze Age comics? Let us know in the comments!

000080221A_Games_2-Footer Bronze Age Comics Market Report 5/16/22: Biggest Losers*Any perceived investment advice is that of the freelance blogger and does not represent advice on behalf of GoCollect.

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11 comments

intralect4681 May 16, 2022 - 9:26 am

Please stop making this list. It provides no value honestly and the data is skewed because gocollect doesn’t stay updated on the actual sales of the key comics at 9.8 grade. It’s actually a disservice to the hobby – something I pay close attention to.

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Sean May 16, 2022 - 4:51 pm

I predict Marvel Premiere #1 will emerge as the ONLY first appearance of Warlock and the HIM appearances in FF and Thor will go down in value. Why? Nobody has made the connection that HIM is also the Magus, so why is Strange Tales #178 considered to be the first appearance of the Magus? Because the Magus is a different version of Warlock. An evil one, but still a different version of the same character. But so is Warlock a different version of HIM! The Magus and Warlock are both HIM. Therefore, Marvel Premiere #1 is the first appearance of Warlock and is the one to buy. Otherwise, you would have to say the first “full” appearance of the Magus is Thor #165. I would invest in Marvel Premiere #1.

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jack alberti May 16, 2022 - 4:57 pm

Hulk 182 is NOT really the 3rd appearance of Wolverine. No one is their right mind count a panel as an appearance. Wolverine’s true 1st appearance is Hulk 181 and his true 2nd appearance is Giant Size X-Mem 1.

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Joseph Overaitis May 16, 2022 - 5:43 pm

Jack

I always love your posts. You make me think of topics. This time I had to go to the dictionary.

Definitions in Websters Dictionary for appearance is “the act, action, or process of appearing”, “something that appears” and “an instance of appearing”. There is no time frame for that so even if an actor appears in a bit part of a movie it qualifies as an appearance. Where the argument is crazy is cameo vs first full appearance…That one is crazy.

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Sean May 17, 2022 - 1:35 am

I think Hulk #180 is the first appearance of Wolverine. Period. Many years ago, i sent a letter to the Overstreet Update in which i said Amazing Spider-Man #134 should be rhe second appearance of the Punisher rather than just a “cameo” appearance before the character’s supposed second “full” appearance in ASM #135. In the printed relpy to my letter, the editor, Arnold T. Blumberg disagreed.

I also communicated with him several years later in which i said (at Comic Book Resources) that i thought the April 1986 cover date is the perfect end-point of the Bronze Age. That same month, Dark Knight Returns #1 came out and Crisis on Infinite Earths concluded with issue #12. Seems like a perfect month to end the Bronze Age and start the next comic age. I also said i thought the age should be called Dark Age rather than Copper Age. Copper is what pennies are made out of, which implies cheapness. And how do we continue the metallic age names beyond copper? Iron? Chromium? It would start sounding ridiculous. I think after Bronze there should be non-metallic names. And why should Secret Wars #1 start the age? I remember he said because there was a Secret Wars toy line. Toys? What do toys have to do with comic book ages? Needles to say, Mr Blumberg disagreed. I think he had his mind set from the beginning. And now, i can’t understand why the collecting public seems to be coming around to his (formerly unpopular) point of view rather than choosing 1985 or ’86 as the end of the Bronze Age? 1984 started the age after Bronze? Really?? Secret Wars #1 had more of a trend setting impact on comics than Dark Knight Returns and Watchmen? Really??

I know i’m rambling, just thought i’d share.

Reply
Joseph Overaitis May 17, 2022 - 7:27 am

Sean

Your ramblings are views of others in the market. We need to know them to understand how others think. Keep sharing!!!

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piggybackrider June 2, 2022 - 1:53 pm

The first time we saw Wolverine was Wolverine’s first appearance in a comic book. Nobody in their right mind should think the second time Wolverine appeared in a comic was Wolverine’s first appearance.

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jack alberti May 17, 2022 - 7:16 am

Listen, Jose

Hulk 180 is an overhyped book. Those that missed out on Hulk 181 have been trying to pump this one panel book for years. There will be bag-holders galore.

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Joseph Overaitis May 17, 2022 - 7:31 am

Jack

I agree the book is not the one to own. I always say get yourself a 181 if you can. The problem is right now many cannot afford it. Coverless copies are now out of the reach of some collectors and investors. 180 is a nice alternative for those that cannot afford the big one. Different levels of collectors means different entry points. People can try to say that hulk 180 is more important than 181 but the market will decide. Now too we have people who are paying for ads and FOOM rumored appearances too. We can have passions as collectors but for investors the market decides.

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daryloatsmustache May 17, 2022 - 10:57 am

I remember the days when comic books weren’t talked about as if they were stocks or crypto

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Joseph Overaitis May 17, 2022 - 11:07 am

Welcome to the boards. All collectibles should be talked about as if they were stocks or crypto. The reason is because even as collectors we have to understand the market that we participate. If you are buying books off the rack and enjoy it then that is awesome. For many who want to complete their collections they have to find out what is the right time to buy and what time to sell to allow them to spend their money efficiently. I am still kicking myself for not buying that Catman book when I could have afforded it.

The articles I write I believe are very important to collectors. They have limited resources and sometimes do not sell books to finance their collections. If i can point out when books are dropping and they can add them at a discount great. If I can warn them of price increases on their targets they may want to add another book instead of paying a FOMO Premium and wait until interest dies down. At the Motor City Comic Con I had my first “fan” come out to me and say read my articles to see what they should add to their collection. Not as investments…Remember you see your house as a home…a real estate investor sees it as an item to be bought and sold. You both are dealing in the same market. That is the same with collectors and investors. Same data and items but different purposes.

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