Covering the Spread 9: The Good, the Bad, and the Ugly

Hello again and welcome back to Covering the Spread.  If this is your first time here I’d recommend taking a look a last weeks article where I broke everything down in simpler terms before reading this weeks article. This week I’ve got 3 more books to discuss, one that I think is good spec, one that I think is bad spec, and one that I’m going to call ugly (half because it makes the title fit, and half because I hate the cover).  But before we get into the thick of things I want to remind everyone that these numbers don’t mean anything if you aren’t taking the time to judge the books for yourself.  Remember, if the corners aren’t great, it’s not a 9.8!

The Bad:

First up we are going to discuss a book that I think is bad spec, and I’m going to tell you why.  This is a book that seems to have people speculating on it but no one even seems to remember why at this point.  There was in fact a little bit of movie news on the subject but I bet I can give you all time time in the world to come up with a guess and you still won’t get it right.  Do you all have your guesses ready?

Yep ROM seems to be drawing attention from speculators.  There was even a post recently on our Facebook page with someone asking the group what they are speculating on for upcoming Marvel movies.  One of the responses was ROM.  For anyone who is unaware that’s about as likely as pigs flying.  ROM is a character that Marvel licensed from Hasbro, and they no longer have the license. The ROM comic is currently published by IDW and in fact, as I mentioned earlier they are even planning on including him in an upcoming movie universe that includes G.I. Joe, Micronauts, and a whole bunch of other toy lines.  But does that really excite anyone?  If it does spend a few extra bucks and buy into G.I. Joe 1 instead, it’s a much bigger property and it always will be.  But enough rigamarole this article is supposed to be about the numbers.

Without Pressing:

Average Raw Price 31.78
10 Copies 317.86
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 91.87
Total Costs 689.73

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
245.56 72.17 40.90 47.49
2 Copies 3 Copies 4 Copies 1 Copy Total Value
491.12 216.51 163.60 47.49 918.72

Well I guess I can talk smack about this spec all I want but if the prices stay the same in might not be a bad investment.  We have upfront costs of $597.86 and we would come away with a profit of $228.99.  That lands the spread at +22.89 and we would have an ROI of 38%.  Personally, I’m not betting on prices for this book staying the same but you never know!

With Pressing:

Average Raw Price 31.78
10 Copies 317.86
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 117.93
Total Costs 835.79

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
245.56 72.17 40.90
3 Copies 5 Copies 2 Copies Total Value:
736.68 360.85 81.80 1179.33

Once we get pressing involved our upfront costs stand at $717.86 and our profits go to $343.54.  Again we have to assume that prices will stay the same but that would land the spread at +34.35 and we would have an ROI of 47%.  Maybe Mel V is right and I’m just on the hater wave.

The Ugly:

Next up is the aforementioned ugly cover (don’t at me), but fortunately it belongs to a book that I think is good spec.  There has been a lot of shade thrown at this book because it’s essentially treated as a first appearance even though it’s not really a new character.  To that I would say Amazing Spider-Man 252 isn’t a new Spider-Man but it’s still a key!

Yes we are talking about Tales of the Teen Titans 44.  This is the issue where the former Robin becomes “Nightwing” which is a way better name.

Without Pressing:

Average Raw Price 66.91
10 Copies 669.15
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 151.09
Total Costs 1100.24

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
292.16 141.72 104.14 84.90
2 Copies 3 Copies 4 Copies 1 Copy Total Value
584.32 425.16 416.56 84.90 1510.94

Well investing in this book looks like it would pay off!  We have upfront costs of $949.15 and a tidy profit of $410.69.  That would land us at a spread of +41.06 and an ROI of 43%.  That’s a pretty great return!

With Pressing:

Average Raw Price 66.91
10 Copies 669.15
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 179.33
Total Costs 1248.48

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
292.16 141.72 104.14
3 Copies 5 Copies 2 Copies Total Value:
876.48 708.60 208.28 1793.36

With pressing we have even more to be happy about.  Our upfront costs would stand at $1069.15 and we would come away with a profit of $544.87.  That means our spread will be +54.48 and our ROI will be almost 51%!  The big difference between this book and ROM that we can see from this data is that the market is actively buying graded copies, even when they aren’t 9.8.  With ROM there is such an extreme difference in price between 9.8 and 9.6 prices I suspect there are way more speculators than collectors buying that book.

The Good

Alright I know I’ve been doing these out of order but you always have to save the best for last right?  This book had an explosion in price around this time last year thanks to news of a TV show and at the time I thought it was ridiculous.  But here we are in 2018 and my wife and I really enjoyed season 1 and can’t wait for the next season to come out.  The next season of what you ask?

Yes Cloak and Dagger look like they’re here to stay.  I know I wasn’t the only one who didn’t believe in this book when the news first broke but the sales don’t lie and it looks like there is a lot of demand for this book.

Without Pressing:

Average Raw Price 102.04
10 Copies 1020.46
Shipping Fees (EST) 100
Grading Fees (EST) 180
Selling Fees 257.26
Total Costs 1557.72

 

9.8 Av Price 9.6 Av Price 9.4 Av Price 9.2 Av Price
544.83 218.03 162.86 177.39
2 Copies 3 Copies 4 Copies 1 Copy Total Value
1089.66 654.09 651.44 177.39 2572.58

Just a few years ago we probably never would’ve dreamed of these prices but today our upfront costs would be $1300.46 and we would make a profit of $1014.86!  That is a spread of +101.48 and an incredible ROI of 78%.  I believe that is a new record here on Covering the Spread but I’m too tired to go through all my old articles at the moment.  I will say raw prices on this book seem to be all over the map.  There was even one sale that went for full price when the seller was accepting offers (impatient much?)  Regardless I highly recommend investing in raw copies of this book, I don’t think you can go wrong.

With Pressing:

Average Raw Price 102.46
10 Copies 1020.46
Shipping Fees (EST) 100
Grading Fees (EST) 180
Pressing Fees (EST) 120
Selling Fees 305.03
Total Costs 1725.49

 

9.8 Av Price 9.6 Av Price 9.4 Av Price
544.83 218.03 162.86
3 Copies 5 Copies 2 Copies Total Value:
1634.49 1090.15 325.72 3050.36

If we also include pressing by my estimates our upfront costs will be $1420.46 and we will come away with a profit of $1324.86!  That’s an ROI of 93% and a spread of +132.48.  I can’t stress enough how much I like this book right now.  Watch the auctions and if you get a good copy at less than $125 I’d be all over it.

Wrap Up:

Well everyone that’s all I have for you this week!  As always thank you to the outstanding Comic Collateral App for our pricing data.  What did you think of this weeks books?  Are there any books you’d like me to cover on in a future issue?  Let me know down in the comments and I’ll see you next week!

 

The post Covering the Spread 9: The Good, the Bad, and the Ugly appeared first on Comic Book Speculation and Investing.

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