Covering the Spread 11: The Wife Knows Best

Howdy, Howdy, Howdy Comic Book Invest!  Brandon Susens here with the newest Covering The Spread!  As always for those of you who are new here I'd recommend you take a look back at issue 8 to get a good idea of what we do here.

This week I've got some great books for you, but as always I want to remind everyone that this research is only helpful if you take the time to grade books yourself before you buy them.  If you can see flaws online you'll see even more in person!

Moon Knight 1

Yes everyone Moon Knight 1.  This isn't Moon Knight's first appearance, and it's not even his first solo story but it's still very important. Kevin Feige has mentioned having in interest in adding Moon Knight to the MCU in the future and let's face it, at this point buying up copies of Werewolf by Knight 32 is not exactly cheap.  Even the Marvel Spotlight issue have gotten pretty expensive but this book hasn't really caught that much heat.

So why do I think this is a great investment?  Moon Knight isn't exactly a household name at this point, so they would need to do an origin story, and this issue is the origin.  Even if they don't do an origin story the villain in a Moon Knight movie would have to be Bushman, who makes his first appearance in this issue.

Picture Marc and Bushman and their team diving into a newly unearthed Egyptian tomb.  They find an ancient shrine along with piles of treasure, but just as they start to celebrate their discovery Bushman shoots everyone.  He takes all the treasure for himself and turns to see Marc barely clinging to life.

“Sorry buddy, it's just business” Bushman says as he seals the entrance to the tomb.  Marc crawls over to the shrine and puts a bloody hand on the base to lift himself up.

The statue springs to life and tells Marc that he can have his vengeance, if he vows to be “The Fist of Khonshu” and punish those Khonshu finds unworthy.  Marc agrees and is revived again as the Moon Knight to travel the world chasing after the man who took everything from him and left him for dead.

Who doesn't wanna see that movie?  Anyway my own fan fiction aside lets get to some numbers!

Average Raw Price 21.53
10 Copies 215.35
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 84.73
Total Costs 580.07

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
187.48 77.37 48.19 47.45
2 Copies 3 Copies 4 Copies 1 Copy Total Value
374.96 232.11 192.76 47.45 847.28

Well if we invest in Moon Knight 1 we would be looking at $495.34 in upfront cost and we would have profits of $267.20.  That's a spread of +26.72 and puts our ROI at about 54%!  That's already a great investment and if Marvel hires me to write that movie who knows how high these will go.

Average Raw Price 21.53
10 Copies 215.35
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 104.57
Total Costs 719.91

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
187.48 77.37 48.19
3 Copies 5 Copies 2 Copies Total Value:
562.44 386.85 96.38 1045.67

I'm not quite sure how I feel about pressing this book.  That would land our initial investment at $615.34 and our profits at $325.76.  That means a spread of +32.57 and an ROI of about 53%.  Technically that would land us one percent shy of the return without pressing them.  However I think that with how much potential growth there is for this book it's worth having the higher grades in the future so I would probably press them.

Black Panther 2

Well my reason for liking Black Panther 2 is…Black Panther 2.  Well maybe Avengers 4 but it's probably Black Panther 2.  I'm not alone in thinking that Shuri was the best part of Black Panther.  I think Marvel has heard all that feedback and they will give her even more screen time in the future.  That could be in Black Panther 2 or it could be in Avengers 4, but either way her first appearance is something everyone should be buying right now.

Average Raw Price 36.44
10 Copies 364.42
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 111.23
Total Costs 755.65

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.0 Av Price
251.95 88.12 72.10 55.67
2 Copies 3 Copies 4 Copies 1 Copy Total Value
503.90 264.36 288.40 55.67 1112.33

Our numbers put your initial investment at $644.42 and our profits would land at $356.68.  Our spread would clock in at +35.67 and our ROI would be 55%.  Those are already some great returns so if you've had your eye on one I would suggest buying it now. Oh and by the way these numbers use 9.0 sales not 9.2.  I couldn't find any sales for a 9.2 copy so you may do even better!

Average Raw Price 36.44
10 Copies 364.42
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 134.06
Total Costs 898.49

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
251.95 88.12 72.10
3 Copies 5 Copies 2 Copies Total Value:
755.85 440.60 144.20 1340.65

Again for this book pressing in going to land us in a bit of a gray area.  It would put our initial investment at $764.42 and our profits go to $442.17.  That would be a spread of +44.21 and an ROI of 58%.  That is still an improvement over not pressing but it's so close if you wanted to save some extra money I wouldn't blame you.

Saga of The Swamp Thing 37

Well I always ask for suggestion on what books to write about and this week my wife suggested Swamp Thing.  There aren't exactly a ton of Swamp Thing keys so I knew right away I'd end up talking about this book.  The first appearance of Constantine is in this book and even though they never seem to do that well I love seeing film adaptations.  But was it a good choice?  Let's look at some numbers and find out!

Average Raw Price 127.12
10 Copies 1271.23
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 255.27
Total Costs 1806.50

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
525 241.80 157.21 148.50
2 Copies 3 Copies 4 Copies 1 Copy Total Value
1050 725.40 628.84 148.50 2552.74

Okay so I've never subbed a copy of this book so I can't be sure, but I calculated my numbers with these being submitted under the modern tier.  If anyone who has subbed this book tells me they charged them for a different tier let me know and I will update it!

But as far as our estimates we have an upfront investment of $1551.23 and our profits would land at $746.24.  That would be a spread of +74.62 and an ROI of about 48%.  So even though the profits are much higher here, it's not as good of an investment as our other books in terms of ROI.  Still an excellent investment though!

Average Raw Price 127.12
10 Copies 1271.23
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 309.84
Total Costs 1981.07

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
525 241.8 157.21
3 Copies 5 Copies 2 Copies Total Value:
1575 1209 314.42 3098.42

It's when you include pressing that this book really starts to shine.  We would have an upfront investment of $1671.23 and our profits go to $1117.35.  That's a huge spread of +111.74 and an ROI of an incredible 66%!  That would be the best investment of the week so great choice babe!

Of course I can already see the comments section being full of comments saying “Good luck finding 3 raw 9.8 copies of Swamp Thing 37!” so I'll just address that now.  I would agree that finding 10 raw copies in that nice of condition would probably take you quite awhile.  That doesn't mean you should never seek them out.  Plus the 9.8 copies aren't the only ones worth buying!

If we changed our scenario to every copy grading 9.6 after a press meaning we got no 9.8s we would still make over $500.  I'm not going to tell anyone that these will be easy to find, but I strongly suggest everyone keep their eyes open and don't be afraid to buy raw copies if they have potential!

Wrap Up:

Well everyone that's all I have for you this week!  As always I would like to thank the Comic Collateral app for providing our pricing data!  Come back next week where I'll hopefully be gloating that the Broncos started the season 2-0 and my fantasy football teams are dominating.

Any thoughts on a specific issue or character you'd like me to cover? I'm always open to suggestions down in the comments!

 

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14 comments

  • Ben C

    Great selection of books and awesome information Brandon, thanks!!

  • Has anyone used the Quick Press option when sending books in to CGC and how much of a difference do you think it made? That service only costs $8, i think, as compared to getting a complete press done and also is at a much shorter time than a full press. With that and fast pass grading the turn around on modern books would be about 32 days still. I’m just curious how much the quick press might affect modern grades for books that are probably 9.2-9.6 without a press. Those books probably don’t need the full press treatment and would improve your ROI by quite a bit.

    • As someone who has been pressing books for 10+ years, I do not know what a “quick press” is. Maybe it’s a press without dry cleaning? That would cut down a lot of time. Anyone know the details?

      • David here is the text from the CCS page:

        QuickPress is a fast and inexpensive alternative to our multi-step standard Pressing service. It includes the removal of the same defects as regular pressing (dents, bends, crunches, rippling, warping, spine rolls and indentions) and includes dry cleaning as well. For expediency, QuickPress comics only pass through the process once; any remaining defects will not be further treated as they normally would during the full pressing process.

        The best candidates for QuickPress tend to be high-grade moderns, which exhibit very few flaws to remove, and mid to low-grade books that have a large number of pressable defects. The QuickPress service is also ideal for raw comics to enhance their appearance in hand.

        To maintain the low cost and speed of this tier, CCS does not offer the Screening service for QuickPress. As a result, please check all QuickPress submissions to insure the comics are not fragile, including tanning, brittleness, splitting spines, weak staple areas or pieces that are barely attached.

        CCS offers two QuickPress tiers:

        Tier Rate
        QuickPress Modern (1975–Date) $200 max. value $8 per book (15 book minimum)
        QuickPress Value (pre–1975) $200 max. value $15 per book (15 book minimum)

    • How much do they charge for the full press? I tried finding it on their site but had no luck.

  • Also, the 15 book minimum counts seperately for each tier. I tried submitting 10 value tiers and 5 moderns, no luck ended up spending like 300 more bucks on the full press.

  • Great article and some good books to look at.

    However, I’m going to disagree that the villain has to be Bushman. Maybe it’s because I never got into Moon Knight, but the Hobgoblin Reborn two parter in Web of Spider-Man #93-94 established that Marc Spector and Jason Macendle had a past together as mercenaries, and I could have sworn it implied that Macendle was involved in Spector’s “death” though wiki doesn’t back up my memory. Macendle didn’t debut in a Spider-Man title, so he should be usable regardless of how nice Marvel and Sony are playing. As either Jack O’Lantern or Hobgoblin, Macendle would provide a bigger-name villain and crucially, isn’t named Bushman.

    • I don’t think they would introduce any of the other goblins before green goblin is in the mcu. Then again Moon Knight could come after they do Spider-Man 3

  • I don’t know but the assumption that you’re going to get 2-3-4-1 of 9.8, 9.6, 9.4 and 9.2 most of the time is not realistic. Maybe I’m the exception but it’s been my experience that it’s really hard to find ungraded 9.8 books on eBay because the pictures on eBay don’t tell the whole story or there just aren’t enough pictures on eBay to do decent grading. Even when the seller gives you their best “honest” grade, I’ve been disappointed. Not to mention there are some really really horrible sellers who don’t know how to ship books.

    It’s possible that if you look hard enough you might find listings of ungraded 9.8 at a decent price but it would take a lot of time and effort and then you’d also have to deal with other bidders also looking for the same condition book.

    It’s a do-able scenario but I think people shouldn’t underestimate how difficult it is to find a 9.8 book.

  • Nice picks! I’m still not sold on Suri/Black Panther 2 for the long term. If Tim Drake’s first appearance is still worthless I’m not betting on trendy characters.

  • Is the avg. RAW prices used for a certain grade or all grades combined? Just wondering.

    • I set an eBay search for all sold listings and set the grade to 9.4. From there I just sort through and make sure all the results are actually the book I’m looking for and make sure they aren’t marked as 9.4 in the listing but listed at another grade in the title.

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