HOT, HOT, HOT!
What's hot in comics? The new news in comics is the same old news in comics-Marvel Silver Age keys are hot. But the real question is how hot are they? Over the last few months I have read and heard about many transactions taking place at record levels. I do not doubt that books have changed hands but I do wonder about the details of the sales.
To be a successful collector/investor in this or any market you need a plan and you need to stick to it. You need to do your homework and be a dark knight detective of sorts. You need to find people you feel comfortable with and equally important you need to collect what you like. If you don't collect what you like one day you may look into your box of comics and ask yourself "what the hell am I doing?"
This is one of the healthiest comic markets I have seen. Since January 1st, 2004 I have seen a tremendous number of new collectors/investors entering the market. They are not just buying high-grade comics either. They collect and invest in a variety of comics ranging from esoteric low and mid grade Golden Age to Western keys issues in all grades. The high end CGC market is of course doing well. But what is intriguing is that the low grade CGC and raw market is also picking up. Low grade Amazing Fantasy #15, Amazing Spider-Man #1 and Fantastic Four #1s, just to name a few are selling for over guide right now. I believe this is due to a perception of the books being undervalued by the Overstreet Price Guide. It will be interesting to see if there are any jumps on the low- end prices in the next Guide.
I mentioned earlier that as a collector /investor you should educate yourself and enjoy what you are doing. Over the last three months I have been hosting an online radio show called "The Comic Zone". Every Monday from 3-4pm EST "The Comic Zone" is broadcast live onto your computer. I believe the show can be a valuable tool to better educate yourself about the current state of the marketplace, history of our hobby and of course to listen to creators from the past and the present. The show has been on since early December. In that short period of time the show has risen through the ranks of over 45 shows hosted on World Talk Radio and is ranked the 5th most listened to show. The show attracts thousands of listeners per week. The beauty of the show is that not only can people listen to it live and every show can be listened to in the archive section. The live shows and the archives can be accessed by going to Metropolis Comics and clicking on "The Comic Zone" icon at the top of the page.
Past guests have included artists Neal Adams, Jim Steranko, Todd McFarlane,Terry Austin, Murphy Anderson, Mark Bagley, Walt Simonson, Al Feldstein,Jack Kamen, Mike Mignola, Joe Kubert, Irwin Hasen, writers Peter David, Mike San Giacomo, sculptor Randy Bowen, comic historian Arlen Schumer, actor David Carradine, director Sandy Collora (Batman Dead End), writer/director David Mandel (Seinfeld, Euro Trip), Producer Danny Simmons (Def Poetry Jam), Diamond Galleries President John Snyder, CGC President Steve Borock and GP Analysis President George Pantela. You can listen to all of these interviews and more for free on "The Comic Zone"-enjoy!
Metropolis Collectibles, Inc.