High-value comic books are outperforming traditional investments
#51
DVD Talk Hero
Re: High-value comic books are outperforming traditional investments
"Manufactured" collectibles rarely appreciate in value. It's always items in hindsight that people at the time didn't think were special.
#52
Re: High-value comic books are outperforming traditional investments
They do appreciate in value, but it is usually only in the immediate short term. After a shorst period of time, usually two years or less. the prices will often drop 50-75%.
#53
Banned
Re: High-value comic books are outperforming traditional investments
This Mike Zeck page from Secret Wars 8 just sold at Heritage Auction
#54
Re: High-value comic books are outperforming traditional investments
#55
Re: High-value comic books are outperforming traditional investments
Insane doesn't even begin to do it justice. I'm not even sure what the word would be to convey just how inexplicable it is. That is far and away the highest price anyone has ever paid for a piece of American comic art (publicly) not painted by Frank Frazzetta. I'm not sure anything else had even hit 7 figures before today.
Mike Burkey (one of the biggest comic art dealers) revealed a couple of weeks ago that he offered the consignor $250k for this page and the preceding one, but Heritage suggested they could do better, so to auction it went. At the time (2 weeks ago) that $250k offer seemed pretty generous. A couple of years ago, a fair estimate would probably have been mid 5 figures.
I've dabbled in the art hobby for a few years, and things have gotten pretty nuts the last year or two, but this is like a sledgehammer to my forehead telling me that I am way out of my league. It's not even fun to look anymore.
Mike Burkey (one of the biggest comic art dealers) revealed a couple of weeks ago that he offered the consignor $250k for this page and the preceding one, but Heritage suggested they could do better, so to auction it went. At the time (2 weeks ago) that $250k offer seemed pretty generous. A couple of years ago, a fair estimate would probably have been mid 5 figures.
I've dabbled in the art hobby for a few years, and things have gotten pretty nuts the last year or two, but this is like a sledgehammer to my forehead telling me that I am way out of my league. It's not even fun to look anymore.
#56
DVD Talk Hero
Re: High-value comic books are outperforming traditional investments
Who bought it? And were there multiple bidders bidding it up? I understand it's an iconic first but man.
#57
DVD Talk Hero
Re: High-value comic books are outperforming traditional investments
Did the success of the latest Spider-Man movie drive the bidding? It's pretty clear at this point that Spider-Man is Marvel's most popular property across the globe and Sony has every reason to keep him that way in films.
The price does seem crazy and reminds me of famous homerun balls which dropped in price once the hysteria wore off years later.
The price does seem crazy and reminds me of famous homerun balls which dropped in price once the hysteria wore off years later.
#58
Re: High-value comic books are outperforming traditional investments
Did the success of the latest Spider-Man movie drive the bidding? It's pretty clear at this point that Spider-Man is Marvel's most popular property across the globe and Sony has every reason to keep him that way in films.
The price does seem crazy and reminds me of famous homerun balls which dropped in price once the hysteria wore off years later.
The price does seem crazy and reminds me of famous homerun balls which dropped in price once the hysteria wore off years later.
Zeck is obviously a talented and well loved artist, but it's not like he's thought of on the level of a Kirby or an Adams, or even contemporaries like Byrne or Perez. And it's not even clear who the inker is on this piece. That's the sort of thing that used to matter. Obviously there's nostalgia at work here, but this is 99% about it being the first appearance.
#59
Banned
Re: High-value comic books are outperforming traditional investments
Insane doesn't even begin to do it justice. I'm not even sure what the word would be to convey just how inexplicable it is. That is far and away the highest price anyone has ever paid for a piece of American comic art (publicly) not painted by Frank Frazzetta. I'm not sure anything else had even hit 7 figures before today.
Mike Burkey (one of the biggest comic art dealers) revealed a couple of weeks ago that he offered the consignor $250k for this page and the preceding one, but Heritage suggested they could do better, so to auction it went. At the time (2 weeks ago) that $250k offer seemed pretty generous. A couple of years ago, a fair estimate would probably have been mid 5 figures.
I've dabbled in the art hobby for a few years, and things have gotten pretty nuts the last year or two, but this is like a sledgehammer to my forehead telling me that I am way out of my league. It's not even fun to look anymore.
Mike Burkey (one of the biggest comic art dealers) revealed a couple of weeks ago that he offered the consignor $250k for this page and the preceding one, but Heritage suggested they could do better, so to auction it went. At the time (2 weeks ago) that $250k offer seemed pretty generous. A couple of years ago, a fair estimate would probably have been mid 5 figures.
I've dabbled in the art hobby for a few years, and things have gotten pretty nuts the last year or two, but this is like a sledgehammer to my forehead telling me that I am way out of my league. It's not even fun to look anymore.
#60
Re: High-value comic books are outperforming traditional investments
That wasn't really a public sale. It was a weird blind auction and there was much speculation that John Dolmayan bought it himself after collecting the bids. Even if that's not true, the price was never disclosed. I do know that Lee had turned down offers of at least 2 million. I wouldn't be surprised if it went for way more than the Zeck, but I guess we'll never know.
#61
Banned
Re: High-value comic books are outperforming traditional investments
Where'd you hear that number?
That wasn't really a public sale. It was a weird blind auction and there was much speculation that John Dolmayan bought it himself after collecting the bids. Even if that's not true, the price was never disclosed. I do know that Lee had turned down offers of at least 2 million. I wouldn't be surprised if it went for way more than the Zeck, but I guess we'll never know.
That wasn't really a public sale. It was a weird blind auction and there was much speculation that John Dolmayan bought it himself after collecting the bids. Even if that's not true, the price was never disclosed. I do know that Lee had turned down offers of at least 2 million. I wouldn't be surprised if it went for way more than the Zeck, but I guess we'll never know.
Then there’s this kind of idiocy, which makes me think is more of a stunt because this is straight up fraud and criminal. If this fucking idiot is not pressing charges and suing everyone involved, then it reassures that this is just another stunt by these dipshits
#62
Banned
Re: High-value comic books are outperforming traditional investments
A lot of money going around
#63
Re: High-value comic books are outperforming traditional investments
https://www.comicartfans.com/Gallery...?Piece=1786363
Last edited by rocket1312; 01-13-22 at 11:03 PM.
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Red Hood (01-14-22)
#65
DVD Talk Legend
Re: High-value comic books are outperforming traditional investments
Those prices are crazy but at least it was for actual physical art and not NFTs.
I figured that Zeck page went for that as an NFT at first just because people are throwing stupid amounts of money at that crap. Strangely relieved that it was real art.
I figured that Zeck page went for that as an NFT at first just because people are throwing stupid amounts of money at that crap. Strangely relieved that it was real art.