GoCollect Blog: Moon Knight Keys - Have We Hit Bottom Yet? (moon-knight-keys-have-we-hit-bottom-yet )

It’s been a little over two months since the Moon Knight Disney+ series ended. Prices on key Moon Knight issues began dropping before the series came to its conclusion. Have prices stopped dropping, or are they still in freefall? Let’s find out.

The Big Three

During the Moon Knight series, three key comics outperformed all others: Werewolf By Night #32 – his first appearance, Marvel Spotlight #28 – his first solo appearance, and Moon Knight #1 – the first issue of his first series. The Big Three saw the highest gains and the largest volume of sales from March to May of this year. These are the three issues we’re going to look at to determine how the market is reacting in a post-TV series world.

Werewolf By Night #32

The easiest way to determine if a book is still falling or is poised to turn the corner and start rising again is to look at the averages that GoCollect publishes for every comic in our database and in every grade, provided there have been sales.

In the case of Werewolf By Night #32, there haven’t been any recent sales in the higher grades (9.8-9.2) to make any determination regarding trends. However, as you can see below, we have ample data for grades 9.0 through 6.0.

What we get is a little bit of a mixed bag. In some grades, we see 30-day averages well below the 90-day and 1-year averages. However, in grades 8.0, 7.0, and 6.5 we’re beginning to see the 30-day average evening up with the 90-day average or even slightly surpassing it. This is a sign that Werewolf By Night #32 may be hitting its current pricing floor. That’s not to say it couldn’t drop again but keep an eye on these trends.

While it’s tricky to buy a book at the bottom of its pricing trough, watching the trends in the averages means you won’t miss out and buy too late when a comic has turned the corner.

Marvel Spotlight #28

Taking a look at the averages for Marvel Spotlight #28, we see some different trends. In the 9.8 grade, this book appears to have turned the corner, with the 30-day average now higher than the 90-day average, as can be seen below.

However, it isn’t until we hit some of the lower grades – 5.0 and 4.0 to be precise – that we see the 30-day average at the same level as the 90-day. In all of the grades between 9.8 and 5.0, the 30-day average is still lower than the 90-day. Since books in these grades represent 88% of the copies in the CGC census, the data leads us to believe that this comic hasn’t yet hit bottom.

Again, this isn’t an exact science; prices on Marvel Spotlight #28 could start rising as soon as tomorrow. However, the trends tell a story of a comic that is still falling in price.

Moon Knight #1

Being of a more modern vintage means there are more copies of Moon Knight #1 in the higher grades than there are of the other two books previously discussed. Again, the averages tell the tale:

We see the beginnings of a plateau in grades 9.2 and 8.5, and 30-day prices surpassing the 90-day and 1-year averages in the 8.0 grade. However, in all other grades above 8.0, the numbers continue to slide downward. This is seen most notably in the 9.8 grade where the 30-day average is 13% lower than the 90-day and 29% lower than the 1-year average.

Sure, it’s hard to time buying opportunities precisely. After all, only one person gets to buy at the very bottom. Using data like the 1-year, 90-day, and 30-day averages that GoCollect provides helps you to make informed buying decisions.