What The Hell Is Going On In The Collectible Comics Market?

What The Hell Is Going On In The Collectible Comics Market?

A copy of Marvel Spotlight #5 (1972, Marvel Comics) sold for $264, 000 at a Heritage Auction, June, ... [+] 2021. 2020 was a pretty good year for many investments, but one class of assets has seen nosebleed-level growth that has shocked even long-time market watchers: vintage comics and original comic book art. Though there is no market index to quantify growth in this area, the results of large public auctions provide some transparency into the value that buyers place on a variety of benchmark items. On that basis, the evidence is stark. Last week, Heritage Auctions demolished records and shattered expectations with a $22. 4 million haul from its recent sale of high grade collectible comics, surpassing its recent high water mark of $16. 5 million set in April. Anecdotal reports from dealers and collectors suggest that prices in smaller auctions, public sales and private transactions have increased well over 100% across the board in recent months, with some highly desired or unusual items seeing growth a magnitude higher. Facebook groups and private forums are overflowing with comments of seasoned collectors expressing surprise, dismay, and occasionally delight at the skyrocketing prices of items that, until recently, were not seen