Should I wait on Amazing Spider-Man 300 2 2

[valiantman]

12 minutes ago, Mike_1 said:

I’m probably running on impulse and someone mentioned fomo.

I really did always want the book but eh probably not really worth it.  Should have bought it ten years ago.  Just forgot about it.

The good news is that Amazing Spider-Man #300 is the most submitted comic book in the history of CGC.  There are lots and lots of copies.

Another bit of good news is that Amazing Spider-Man #300 has seen a price increase recently, and what goes up usually comes down... maybe not all the way back down... but part way.

Amazing Spider-Man #300 is 33 years old this year, and a very popular comic.

Incredible Hulk #181 is another very popular comic, so let's turn back the clock to when Incredible Hulk #181 was 33 years old... 2007.

The price for a CGC 9.8 was $18,000... here's the chart below.

You could have waited until 2008, when Incredible Hulk #181 was 34 years old and paid more than $18,000.

You would have waited until 2010 through 2016, and paid less than $18,000.

If you're in the market today, they're $45,000, and $18,000 would be a bargain.

Amazing Spider-Man #300 might follow the same pattern, it might not... but if you're planning to hold onto the book for 14 years, all of today's prices might look like a bargain.

(No matter what, if you are spending $1,000+ on comic books, you should pay for a GPAnalysis.com subscription... spend $10 to save hundreds.)

Edited March 29, 2021 by valiantman

[Mike_1]

8 minutes ago, valiantman said:

The good news is that Amazing Spider-Man #300 is the most submitted comic book in the history of CGC.  There are lots and lots of copies.

Another bit of good news is that Amazing Spider-Man #300 has seen a price increase recently, and what goes up usually comes down... maybe not all the way back down... but part way.

Amazing Spider-Man #300 is 33 years old this year, and a very popular comic.

Incredible Hulk #181 is another very popular comic, so let's turn back the clock to when Incredible Hulk #181 was 33 years old... 2007.

The price for a CGC 9.8 was $18,000... here's the chart below.

You could have waited until 2008, when Incredible Hulk #181 was 34 years old and paid more than $18,000.

You would have waited until 2010 through 2016, and paid less than $18,000.

If you're in the market today, they're $45,000, and $18,000 would be a bargain.

Amazing Spider-Man #300 might follow the same pattern, it might not... but if you're planning to hold onto the book for 14 years, all of today's prices might look like a bargain.

(No matter what, if you are spending $1,000+ on comic books, you should pay for a GPAnalysis.com subscription... spend $10 to save hundreds.)

Is that website better than gocollect?  I paid $10 to view data there but it wasn’t as detailed as I had hoped.

[jjonahjameson11]

11 minutes ago, mysterymachine said:

As with any book. You buy the book you can afford at the highest grade possible. Why did the hobby turn into the stock market? Prices will drop eventually, but by how much? What if the next Venom movie stinks? What if it is better that the last one? Why is collecting sooo hard!    

Outside of the movies, its not that difficult to figure out where the popularity and money goes regarding comics publishing.  Keeping it simple, we have three universes of titles:

1. Spider-verse

2. Venom-verse

3. Bat-verse

Will ASM 300 decrease in value?  It already did, just prior to covid and once again in Dec 2020/Jan 2021, but recovered quickly both times.  Will it drop again?  Probably, but most likely for a short window of opportunity in its path ever upwards.

[Mike_1]

12 minutes ago, valiantman said:

The good news is that Amazing Spider-Man #300 is the most submitted comic book in the history of CGC.  There are lots and lots of copies.

Another bit of good news is that Amazing Spider-Man #300 has seen a price increase recently, and what goes up usually comes down... maybe not all the way back down... but part way.

Amazing Spider-Man #300 is 33 years old this year, and a very popular comic.

Incredible Hulk #181 is another very popular comic, so let's turn back the clock to when Incredible Hulk #181 was 33 years old... 2007.

The price for a CGC 9.8 was $18,000... here's the chart below.

You could have waited until 2008, when Incredible Hulk #181 was 34 years old and paid more than $18,000.

You would have waited until 2010 through 2016, and paid less than $18,000.

If you're in the market today, they're $45,000, and $18,000 would be a bargain.

Amazing Spider-Man #300 might follow the same pattern, it might not... but if you're planning to hold onto the book for 14 years, all of today's prices might look like a bargain.

(No matter what, if you are spending $1,000+ on comic books, you should pay for a GPAnalysis.com subscription... spend $10 to save hundreds.)

Funny you mention hulk 181.  I’ve never forgot a kid I knew had an original his dad bought him for like $300.  He destroyed that book.

Even then I thought man what a waste.  That comic was awesome till you gotta hold of it.

[valiantman]

12 minutes ago, Mike_1 said:

21 minutes ago, valiantman said:

The good news is that Amazing Spider-Man #300 is the most submitted comic book in the history of CGC.  There are lots and lots of copies.

Another bit of good news is that Amazing Spider-Man #300 has seen a price increase recently, and what goes up usually comes down... maybe not all the way back down... but part way.

Amazing Spider-Man #300 is 33 years old this year, and a very popular comic.

Incredible Hulk #181 is another very popular comic, so let's turn back the clock to when Incredible Hulk #181 was 33 years old... 2007.

The price for a CGC 9.8 was $18,000... here's the chart below.

You could have waited until 2008, when Incredible Hulk #181 was 34 years old and paid more than $18,000.

You would have waited until 2010 through 2016, and paid less than $18,000.

If you're in the market today, they're $45,000, and $18,000 would be a bargain.

Amazing Spider-Man #300 might follow the same pattern, it might not... but if you're planning to hold onto the book for 14 years, all of today's prices might look like a bargain.

(No matter what, if you are spending $1,000+ on comic books, you should pay for a GPAnalysis.com subscription... spend $10 to save hundreds.)

Expand  

Is that website better than gocollect?  I paid $10 to view data there but it wasn’t as detailed as I had hoped.

GPAnalysis is like Michael Corleone, and GoCollect is Fredo. 

[Mike_1]

1 hour ago, valiantman said:

The good news is that Amazing Spider-Man #300 is the most submitted comic book in the history of CGC.  There are lots and lots of copies.

Another bit of good news is that Amazing Spider-Man #300 has seen a price increase recently, and what goes up usually comes down... maybe not all the way back down... but part way.

Amazing Spider-Man #300 is 33 years old this year, and a very popular comic.

Incredible Hulk #181 is another very popular comic, so let's turn back the clock to when Incredible Hulk #181 was 33 years old... 2007.

The price for a CGC 9.8 was $18,000... here's the chart below.

You could have waited until 2008, when Incredible Hulk #181 was 34 years old and paid more than $18,000.

You would have waited until 2010 through 2016, and paid less than $18,000.

If you're in the market today, they're $45,000, and $18,000 would be a bargain.

Amazing Spider-Man #300 might follow the same pattern, it might not... but if you're planning to hold onto the book for 14 years, all of today's prices might look like a bargain.

(No matter what, if you are spending $1,000+ on comic books, you should pay for a GPAnalysis.com subscription... spend $10 to save hundreds.)

After a deeper dive into eBay’s completed sale’s data, it looks copies are not readily selling for as much as people are asking.  The sale’s that go through are typically substantially less than the current asking prices.

Some of the current sellers even appear to be flippers that bought a book 45-60 days ago and did a $2k markup.

Also as you pointed out regarding gocollect, their sales data does not match with eBay’s sales data.  Gocollect values are inflated I think and they show more frequent sales than what actually occurred it seems.

[Lazyboy]

2 hours ago, valiantman said:

In the past 12 months, GPAnalysis.com has recorded sales for 105 copies of CGC 9.8 ASM #300 direct edition and 3 copies of CGC 9.8 ASM #300 newsstand (Universal and Signature Series)

In the past 12 months, GPAnalysis.com has recorded sales for 336 copies of CGC 9.6 ASM #300 direct edition and 18 copies of CGC 9.8 ASM #300 newsstand (Universal and Signature Series)

GPA keeps accurate records of different editions that aren't variants in the CGC database?

[Lazyboy]

16 hours ago, Mike_1 said:

I’ve been a long time fan of venom.  I bought his first comic and the first appearance of carnage when they came out, both still pristine.

I’ve always wanted Venom’s first appearance but couldn’t afford the price when I was younger, and then I forgot about comics all together until recently.  Now I see it and wonder if I will ever have a chance at buying a 9.8 at a lower price if I wait.  Been looking for Stan and Todd signed 9.6s on eBay as well but the prices are going up so fast.  Just not sure I want to splurge 4k.  Still a lot of money for me although I could swing it.

What do you guys think?

I love ASM 300, but even if I didn't own any and won the world's largest lottery jackpot, I would buy zero copies at the ridiculous current prices.

[valiantman]

31 minutes ago, Lazyboy said:

3 hours ago, valiantman said:

In the past 12 months, GPAnalysis.com has recorded sales for 105 copies of CGC 9.8 ASM #300 direct edition and 3 copies of CGC 9.8 ASM #300 newsstand (Universal and Signature Series)

In the past 12 months, GPAnalysis.com has recorded sales for 336 copies of CGC 9.6 ASM #300 direct edition and 18 copies of CGC 9.8 ASM #300 newsstand (Universal and Signature Series)

GPA keeps accurate records of different editions that aren't variants in the CGC database?

Yes, they've documented the differences in the market and added the identification to their records.

[Hollywood1892]

2 hours ago, jjonahjameson11 said:

Outside of the movies, its not that difficult to figure out where the popularity and money goes regarding comics publishing.  Keeping it simple, we have three universes of titles:

1. Spider-verse

2. Venom-verse

3. Bat-verse

Will ASM 300 decrease in value?  It already did, just prior to covid and once again in Dec 2020/Jan 2021, but recovered quickly both times.  Will it drop again?  Probably, but most likely for a short window of opportunity in its path ever upwards.

The voice of lucid reason

[Hollywood1892]

2 hours ago, valiantman said:

The good news is that Amazing Spider-Man #300 is the most submitted comic book in the history of CGC.  There are lots and lots of copies.

Another bit of good news is that Amazing Spider-Man #300 has seen a price increase recently, and what goes up usually comes down... maybe not all the way back down... but part way.

Amazing Spider-Man #300 is 33 years old this year, and a very popular comic.

Incredible Hulk #181 is another very popular comic, so let's turn back the clock to when Incredible Hulk #181 was 33 years old... 2007.

The price for a CGC 9.8 was $18,000... here's the chart below.

You could have waited until 2008, when Incredible Hulk #181 was 34 years old and paid more than $18,000.

You would have waited until 2010 through 2016, and paid less than $18,000.

If you're in the market today, they're $45,000, and $18,000 would be a bargain.

Amazing Spider-Man #300 might follow the same pattern, it might not... but if you're planning to hold onto the book for 14 years, all of today's prices might look like a bargain.

(No matter what, if you are spending $1,000+ on comic books, you should pay for a GPAnalysis.com subscription... spend $10 to save hundreds.)

Or just ask your friends to look it up for you

[jas1vans]

If you want his first appearance, just get ASM 299.

[InfantTerrible]

YOLO!

$VNOM to the moon!!

[Lazyboy]

14 minutes ago, jas1vans said:

If you want his first appearance, just get ASM 299.

I guess that works if you ignore the prior appearances.

[silverseeker]

If you're buying as a collector, you should buy the book at a grade and price you're comfortable with, knowing that you'll still enjoy owning it even if it becomes worthless in the future.

If you're buying as an investor you need to think about what you want to get out of owning the book, and decide which grade and price best fits your strategy.

Even though the market for many books is on an incredible tear right now we can't say with absolute certainty how things will be in the future...

If you're bearish on Spidey #300 it may make more sense to pick up a nice-presenting lower grade copy as several boardies have already suggested. This way, if prices fall you'll have less invested into the book, and if prices rise you should be able to trade up to a nicer copy because your copy will be worth more.

Regardless of what you decide, good luck with the hunt!

[MGsimba77]

6 hours ago, valiantman said:

You could have waited until 2008, when Incredible Hulk #181 was 34 years old and paid more than $18,000.

You would have waited until 2010 through 2016, and paid less than $18,000.

If you're in the market today, they're $45,000, and $18,000 would be a bargain

Unfortunately without data from Clink, GPA and Gocollect are less useful. All the market moving action is happening on Clink. If someone scored a 9.8 that's the least bit decent looking for 45k today they would be fortunate. I don't even know if a cream pages would go that low? So if someone were to have an eye on GPA it may be useful to have the other on C-link.

Edited March 29, 2021 by MGsimba77

[chrisco37]

If you're just interested in getting a nice copy of his first appearance, get a 9.4 or 9.6 and save yourself a bunch of money.  I doubt you'd be able to tell the difference between a 9.6 and 9.8.  

Or, get an ASM 316.  It's the first cover appearance (I'm not counting the 315 head shot).  It's a fraction of the 300 price, but at least (in the slab), you get to actually see Venom.  Prices on this book are nutty as heck as well, but still a lot more affordable than the 300.  

[MGsimba77]

300 is a safe bet long term but if you're spooked by a potential correction in 9.8 there are always lower grade Mcfarlane yellow labels. There's other keys that could be had in decent  grade for what a 300 9.8 is going for....ASM50, FF48, 50, 55. Those might make you less nervous.

[justin]

Get a 9.2 SS with the best sig placement and the most perfect centering/alignment and you're golden. I don't know about you but a mis-aligned 300 really bothers me.

[Mike_1]

9 minutes ago, justin said:

Get a 9.2 SS with the best sig placement and the most perfect centering/alignment and you're golden. I don't know about you but a mis-aligned 300 really bothers me.

How do you tell if it’s misaligned?  Are you talking about the book?