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Wayne-Tec

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Posts posted by Wayne-Tec

  1. 3 hours ago, Courageous Cat said:

    since we're on the topic, does anyone know why that book is so scarce/rare? Most early whiz are tough to come by, but #1/2 is ridiculously tough . Low print run? What gives

    I don’t know what the print-run was (can any boardies chime in?) but it was the “Marvel Comics #1” of Fawcett, with no guarantees for success.

    It became a Top-4 book early in the hobby’s history, but a lot of time passed between its 1939 newsstand debut and the point where comic books were preserved as a part of a new “hobby.”

    The cover has no “No. 1” listed. All of the above contributed to it being a rarer book in the long run than Action #1, Tec #27 and Marvel #1.

  2. 1 hour ago, sfcityduck said:

    No offense, but I hate it when folks say a comic book is undervalued.  Like fine art and all sorts of other things for which folks get an emotional attachment, comics have NO intrinsic value.  They are only worth what someone is willing to pay.  The value is set by buyers.  So folks who sit in their armchairs, like me frankly, and say I'd pay $1M for that comic if I had the money, can't really opine on the actual value of a comic.  The value is based on what folks with money in their pockets are willing to pay.  Hence my comment about the one-person pool of buyers at $2M.

    I think your statement is pretty fair.

    I should clarify though. When I said that comic grails have been “undervalued”, my thinking is simply that other collectibles with far less nostalgic connection and far less modern day relevance, have sold for more IMO, because precedent has justified it.

    Before the first $1M comic book sale, that lack of precedent prevented certain books from reaching heights later eclipsed after precedent. Remember when the Tec #27 CGC 8.0 set a world record? Would that have happened without the Action #1 CGC 8.0 sale cracking the barrier first?

    No doubt, it’s all too easy to say “I’d spend $2M if I had it” without actually having the opportunity to do so. Fair point.

    But I do feel a time will come in the not too distant future when people will gasp at a book of this stature selling for well under $2M...if that ends up being the case.

  3. 13 minutes ago, sfcityduck said:

    So we got an underbidder at $500K.  I'm guessing that it would be in the same league as the AS 8 9.4 and CA 1 9.4.  Not a million dollar book, but a closer to $1M than $500K. 

    After all, it is the book for advanced collectors:  CM was arguably more popular than Superman.  The only reason he disappeared in the early 1950s, after CA and most of the DC/AA stable had been put to bed, was due to a lawsuit. He didn't lose popularity, he was executed (or was that CM Jr.?).  

    He had the movie serials and high profile, and he's in a movie recently (and a 70s tv show, etc.).  I think his profile, historical import, and rarity make Whiz 2 a marque book on a level that AS 8 and CA 1 should not be.  CA and CM are both rip-offs of concepts made popular by others, but CM 1 was MUCH more successful in the GA.

    Captain Marvel did outsell Superman, for a time.

    You could argue that he’s one of only 4 superheroes to ever claim the spot as being the genre’s No. 1 character.

     

    Superman

    Captain Marvel

    Batman

    Spider-Man

     

    Whiz #2 has, by far, the fewest copies on the CGC census amongst the Top-7 books in the hobby (just my opinion: Action #1, Tec #27, Marvel #1, Superman #1, Batman #1, Cap #1 and Whiz #1).

    If we were comparing a Whiz #2 (#1) in 9.4 to the recent Marvel #1 and Cap #1 9.4 copies—I think it would be a discussion.