Covering the Spread 33: Buried Treasure

Hello again Comic Book Invest and welcome back to Covering the Spread!  This week the Broncos expertly smashed any excitement I had for the remainder of their season so I'm back to focusing on comics.

One of the biggest things I love about comics is how difficult it is for one person to keep track of the value of every issue.  It's why you can keep hope alive that your local comic shop or half priced books might have some gold in those bins.  With that in mind, this week I wanted to take a look at a few books that I was unaware were fetching so much money, to give everyone something to keep an eye out for at the shops.

 

Batman Beyond 1

 

I really liked this show when I was a younger man, but I must admit I've never really given much thought to the comic books.  I remember seeing this is bins that were labelled as Batman Adventures and getting really annoyed that it was there but apparently I should've been buying them.  Before we get into the numbers do you have a guess on how much this book goes for?

Without Pressing:

Average Raw Price 89.25
10 Copies 892.53
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 144.90
Total Costs 1317.43

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
377 117 71 60
2 Copies 3 Copies 4 Copies 1 Copy Total Value
754 351 284 60 1449

How close were you on your guess? Was I the only one sleeping on this one? Without pressing our upfront investment would be $1172.53 and profits of $131.58.  That is a slim spread at +13.16 and an ROI of 11%.  However if you can find some nice copies of this hiding at your LCS you could make a very nice profit on these.

With Pressing:

Average Raw Price 89.25
10 Copies 892.53
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 185.80
Total Costs 1478.33

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
377 117 71
3 Copies 5 Copies 2 Copies Total Value:
1131 585 142 1858

With pressing our upfront investment goes to $1292.53 and our profits go up to $379.68.  That's a much better spread of +37.97 and an ROI of 29%.  Much better ROI if you include the pressing so that's my recommendation on this one.

 

Spectacular Spider-Man 27

 

This one is an issue I “know” but I always seem to forget what the cover looks like.  Part of that might be my dislike of Frank Miller's art.  For anyone who didn't know this issue is the first time that Miller drew Daredevil.  As much as I dislike his art, even I agree what he did for Daredevil was an absolute game changer.  So before we get into the numbers on this one do you have a guess on what this one goes for?

Without Pressing:

Average Raw Price 30.71
10 Copies 307.07
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 132
Total Costs 719.07

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
317 129 58 67
2 Copies 3 Copies 4 Copies 1 Copy Total Value
634 387 232 67 1320

Well how did you do this time around? Without pressing we have an upfront investment of $587.07 and profits of  $600.93.  Yeah you heard that right profits more than your cost.  Granted this is a fairly old book so getting a couple 9.8 candidates won't be easy but clearly raw copies aren't getting the prices they should be.  That puts the spread at +60.09 and your ROI at 102%. I don't think I'll be forgetting about this book anymore.

With Pressing:

Average Raw Price 30.71
10 Copies 307.07
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 171.20
Total Costs 878.27

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
317 129 58
3 Copies 5 Copies 2 Copies Total Value:
951 645 116 1712

With pressing our upfront costs get bumped up to $707.07 but our profits also get bumped up to $833.73.  Again profits outweigh the initial investment if you can find nice copies.  That's a spread of +83.37 and ROI of 118%.  Wow. Just wow.

 

Web of Spider-Man 36

 

This is the issue that inspired this article.  I recently saw a Tombstone card include in the promotional set AMC is doing for the Spider-Verse movie.  I immediately though oh that's a cheap book that would be worth grabbing.  Boy was I wrong.  Do you know how much this issue goes for these days?

Without Pressing:

Average Raw Price 16.20
10 Copies 162
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 121
Total Costs 563

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
331 96 57 32
2 Copies 3 Copies 4 Copies 1 Copy Total Value
662 288 228 32 1210

Man I know for a fact I've left dozens of copies in bins.  Oops.  Without pressing we would have an upfront investment of $442 and our profits would be $647.  Yep, two books in a row with higher profits than investment costs. This one isn't even very old so I know there are plenty of good copies just waiting to be found out there.  This book has a spread of +64.70 and an ROI of 146%!  I absolutely love this book right now and you should too.

With Pressing:

Average Raw Price 16.20
10 Copies 162
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 158.70
Total Costs 720.70

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
331 96 57
3 Copies 5 Copies 2 Copies Total Value:
993 480 114 1587

With Pressing our upfront costs go to $562 and our profits go all the way up to $866.30!  That's a spread of +86.63 and, I'm sure, a new record at 154% profits.  This is just a bubble that will burst after the movie either.  These 9.8 sales go all the way back to 2016.  The movie might even drive prices higher!

Wrap Up

Well everyone did you know how much all of these books were selling for?  I imagine with those numbers I'm not the only one who was in the dark.

Thanks as always to the Comic Collateral App for our pricing data. I will see you all in a week, but don't expect numbers like those every week!

Happy Hunting!

 

8 comments

  • Peter Renna

    Nice. Gotta check my boxes to see if I have that Web #36. Love those oddball villain 1st appearances.

  • be careful buying copies of Batman Beyond on eBay, i’ve bought over a dozen copies so far and none where 9.8s even with a press. That purple cover shows off every flaw but not every picture does.

  • Glad I picked up SSM #27 last month, now if only the first app. of Cloak & Dagger wasn’t insanely priced…

  • Picked up a CGC 9.6 WoS 36 for about $50 on Ebay earlier this year. I’ve had a NM raw copy of SSM 27 in my PC for a while. Always was fond of the Miller Daredevil stuff. So that issue was a must early on.

  • Picked up a couple copies of WoS #36 a while back when they were super cheap for high grades. Glad I did but like author of this article I wish I picked up more. This was one of those books that I knew had some potential but at the same always thought that potential was over the horizon. I have a feeling there might be a few of these in the wild still in long boxes waiting to be snatched up for a good price! Check those comic stores and especially old book stores that have a comic section!

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