Covering The Spread 41: A Whole New World

Hello again CBSI and welcome back to another Covering The Spread!  This week I was inspired by some very interesting sales that fellow writer Nico pointed out to me.  If you haven't been following these books (I wouldn't blame you) you'll probably be very surprised.  So let's take a look at some sales and do our best to peek into the future.  Oh and hopefully make us all a little money while we're at it.

 

Rai 0

 

Yes, seriously Rai 0.  That's what we're here to talk about today.  If you don't pay much attention to Valiant (like I said I wouldn't blame you) this is the first “full” appearance of Bloodshot.  Vin Diesel will be bringing this character to life and kicking off the Valiant Cinematic Universe next year.  This isn't new information at all, but what made me do a double take was taking a look at the sales.

This is currently the second best selling graded comic book on eBay.  No seriously you can check for yourself with the wonderful Comic Collateral App.  In the past week more copies of this book have sold than Spider-Man 361 or New Mutants 98.  More graded copies of Rai 0 were sold than Hulk 181 and Batman Adventures 12 combined!

This leads me to think that either 1: Someone knows some big news about the Bloodshot Movie is coming and is stocking up ahead of time, or 2: Someone is speculating HARD on this movie.  I obviously can't be sure either way but I wanted to point this out.

I also wanted to try something a little different for the sales.  Because there has been such a dramatic change in sales of this book I want to show numbers based on 12 months of sales, and then only the last 3 months.  I don't know if the market will stay this hot for the book, but it very well could until the movie is released.

12 Months:

Average Raw Price 27.98
10 Copies 279.85
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 81.80
Total Costs 641.65

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2  Price
135 93 54 53
2 Copies 3 Copies 4 Copies 1 Copy Total Value
270 279 216 53 818

Using 12 months of sales we would have an upfront investment of $559.85 and profits of $176.35.  That is a spread of +17.64 which is fairly modest, but consider it's a $27 dollar book in the first place not too shabby.  This would be an ROI of about 31% with some serious potential for growth.  However the last 3 months are a bit more interesting.

3 Months:

Average Raw Price 27.98
10 Copies 279.85
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 128.10
Total Costs 687.95

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2  Price
162 136 109 113
2 Copies 3 Copies 4 Copies 1 Copy Total Value
324 408 436 113 1281

Looking at only the last 3 months for graded prices give us the same upfront investment of $559.85 but profits of $593.05.  That's a beautiful spread of +59.31 and an ROI of almost 106%!  If these sales keep up, or even increase I may have already found the best investment of the year.  I do still expect a big bump after we see a trailer after all…as long as it's good.

 

Eternal Warrior 4

 

Here we have the first “Cameo” appearance of Bloodshot in Eternal Warrior 4.  I'm sure there will be some debate over which of these two book is the one to have.  Personally they are cheap enough that I would say get both.  Otherwise, I like this book better because it has actual cover art (Yes offense Jim Shooter).

But what really matters to us today is which one is a better investment so let's take a look at some numbers:

12 Months:

Average Raw Price 42.14
10 Copies 421.47
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 99.30
Total Costs 800.77

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2  Price
203 93 64 52
2 Copies 3 Copies 4 Copies 1 Copy Total Value
406 279 256 52 993

Looking at 12 months of sales we have an upfront investment of $800.77 and profits of $192.23.  That would be a modest spread of +19.22 and an ROI of 24%.  Not very great numbers, and unlike Rai 0, prices are actually on a downward trend the past few months.  Maybe the market has finally decided Rai 0 is the book to have and investors are dumping this book to pick up that one?

Wrap Up

Well everyone that's all I have for you this week.  Did you know that Rai 0 was selling this well?  Do you have high hopes for the Bloodshot Movie, or the Valiant movie universe?  Are you the one buying all of these copies? Let me know down in the comments down below!

Thanks as always to the Comic Collateral App for our pricing and I'll see you all next week!

 

8 comments

  • Avatar

    Don’t forget that Rai #0 has two covers. The matte cover and the glossy cover which sells for significantly more.

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      Sometimes yes but older CGC labels don’t even mention it and 90% of raw sales I found make no mention of what cover it is. They may develop into more down the road though for sure

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        If you included glossy 9.8 sales in your 12 month and 3 month averages they could definitely be skewing them upwards and overstating your potential profit, at least by a little. They were selling for more than double and even more now. Its actually pretty easy to tell the two apart, most of the glossy covers were not quite long enough to fully wrap the comic book and a significant amount of the first page and backpage were left visibly uncovered. With a glossy 9.8 about to sell for over $500 at auction, the chances that you’d randomly pick up one of these issues in 10 buys is pretty slim. They were said to be pretty scarce to begin with.

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    A comic shop near me has a graded copy of Eternal Warrior. Gotta check how much he wants for it.

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    I find 9 times out of 10 people that say things like “I wouldn’t blame you” when talking about an entire publisher’s line haven’t actually read the books. That’s kind of being dismissive of the fact that Jeff Lamire has been writing Bloodshot for the last 3 years of his career and over 60 issues. He’s written more issues of Bloodshot at this point than any other of his titles. You’ve also got guys like Matt Kindt and Robert Venditti turning in some of their best critically lauded work. People don’t dismiss entire runs of the work these guys do on Marvel or DC or their indie stuff. And as for these 90’s issues, sure there’s some investment potential, but these are two books with massive print runs. I don’t understand why you don’t factor in the strong possibility that these are good reads, and people might want to read up on these characters before the movies hit. (side note: this run of Eternal Warrior was never collected in trade or hardcover).

    These are solid characters, and I’d love to see a new shared superhero universe to take hold rather than the same rehash Marvel and DC keep putting out.

    I don’t know if you’ve actually read the books, and I’m not trying to have a go, but like I said, I find most people haven’t. They base their opinions on weather it’s a good investment or flip, and then turn around and complain about “variant fatigue” or some other reason the spec market did them wrong. Read your comics, collect what you love, and your “investment” will always be sound.

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      I’m all about reading what you love. That’s just not the point of my articles.
      You’re absolutely right I haven’t read the full run of Rai or Bloodshot but I don’t think that has any bearing on whether or not grading copies of that book is worthwhile. For me that will hinge on how well the movie generates buzz closer to release.

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    Glad to see both of these are starting to pick up steam. Picked up three of EW #4 and five copies of Rai 0 a few years ago…I think it is five…have to dig them out. Anyway, they are all in high grade. Probably time to send them off. By the time I get them back the sequel should be on Redbox.

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