Moon Knight Episode 5 – How Did the Market React?

by Douglas Ohlandt

050222C-1024x536 Moon Knight Episode 5 - How Did the Market React?Moon Knight Episode 5 premiered on April 27 and introduced a new character from the comics.  Did key issues rise or fall?  Let’s take a look at how the market reacted to this latest episode.

Moon Knight’s Brother

MS-MK-35-199x300 Moon Knight Episode 5 - How Did the Market React?A character long rumored to show up in the Moon Knight Disney+ series finally made his long-awaited debut, but not in the way that fans expected.  Marc Spector’s brother, Randall Spector, appeared in flashback scenes as the little brother… and then died.

Fans of the comics know Randall Spector as an adult who first appeared in comics in Marc Spector: Moon Knight #35.  Initially, there was no reaction from the market.  However, on May 1 four 9.8 graded copies sold on eBay for an average price of $174.  This is far above the current FMV of $95, and well above the 30-day, 90-day, and 1-year averages.

Odds are that this book won’t retain that value, but it’s worth keeping an eye on nonetheless.

The Moon Knight Correction Continues

WW32-int-300x222 Moon Knight Episode 5 - How Did the Market React?While the Moon Knight correction appears to be continuing, there were some bright spots.  Mid-grade copies of Werewolf by Night #32 held their own, with 8.0, 6.5, and 5.0 graded copies selling at or above FMV.  A 4.0 copy sold on April 29 for $1,650, only $30 below its highest-ever sale but then dropped to $1,396 on May 1.

In general, 8.5 graded copies and above saw a downward trend, as did 4.0 graded copies and below.  Not even a Mark Jewelers 3.0 graded copy could escape this trend, selling for $1,100 on April 28, well below the $1,300 FMV.

Marvel Spotlight #28 was all over the place this week but the trend, in general, was downward across nearly all grades.  Interestingly, a 9.6 graded copy sold on April 28 for $1,689, setting a new record.  However, a 9.6 copy was then sold on May 1 for $809 – less than half that of the record-selling price three days prior.

Moon Knight #1 continued to sell at a very high volume, but prices were down across the board.  When the show first premiered, 9.8 graded copies were nearing the $1,000 price point; now they’re selling in the low $700s.

What About Other Early Appearances?

Hulk-Mag-13-229x300 Moon Knight Episode 5 - How Did the Market React?Just so you can’t say we weren’t thorough, we checked some other early and key Moon Knight appearances to see if there was any kind of market reaction.

West Coast Avengers #21, Moon Knight’s first appearance in that series, has seen little-to-no sales activity since the Disney+ series began, ditto with Marvel Two-In-One #52, Amazing Spider-Man #220, Spectacular Spider-Man #22, and Spectacular Spider-Man #23.

An interesting series to speculate on is the Hulk magazine series.  In general, the Marvel magazines of the 1970s aren’t as highly sought after by collectors as the comic books despite some important key issues.  They aren’t sent in for grading nearly as often as comics, and, as a result, there are far fewer in the CGC census.

Buying opportunities are scarce but prices aren’t skyrocketing either.  Hulk #13 contains the first Moon Knight story drawn by Bill Sienkiewicz, the artist most closely associated with the character.  A 9.4 graded signature series copy signed by Sienkiewicz sold on April 30 for $212.50, above the FMV but likely in the range of what you would expect to pay for a signed copy.  This series is definitely worth checking out if you’re a Moon Knight collector and you’re looking for books that won’t break the bank.

Are you watching the Moon Knight series?  Are you buying or selling Moon Knight keys?  Do you think the Moon Knight correction will continue?  Let us know below!

Upgrade2_Footer Moon Knight Episode 5 - How Did the Market React?*Any perceived investment advice is that of the freelance blogger and does not represent advice on behalf of GoCollect.

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1 comment

MATRIXCOMIX May 3, 2022 - 9:23 am

Regarding the last book on this list, I am continuously shocked at how undervalued Marvel bronze age magazines remain. Not only do you usually get big, beautiful covers, but finding ANY of these mags in 8.0 or above in increasingly difficult. Look at how hard it is to store these mags even today, imagine keeping one of these books in decent condition for over 40 years! This, to me, is a sad outlook that needs to change. Comic collectors went absolutely nuts for highly printed comic trading cards in 2020 but mostly turn a blind eye to key appearances and unique stories found in these under appreciated magazine treasures.

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