I wrote about whether is it worth investing in 2nd appearance a couple of months back. In that article, I compared the value of Silver age 2nd appearances and found that in general, a high grade 2nd appearance equals or is about 20% lower than the value of a low grade first appearance. I was wondering if this relation is true for Bronze age comics which is the intend of this article.
For this comparison, I will be using mid grade rather than low grade for Bronze age comics since most collectors would not tolerate anything less than a 6 for this era of books. For high grade, I definite it as a 9.0 and above for bronze age, rather than the 8.0 that I used for silver age.
In terms of issues, I will picking only those that have a confirm movie or TV show so that we can see the effects of such media exposure on the value of the books. This will also serve as a guide for you to predict what is the price appreciation you can expect if you bet on 2nd appearances of certain characters who have not receive any confirmation.
| First appearance
Hero for Hire 1
|6.0||~$150||Hero for Hire 2||9.0||~$110||1972|
Marvel Premiere 15
|6.5||~$113||Marvel Premiere 16||9.2||~$60||1974|
Marvel Spotlight 5
|6.0||~$200||Marvel Spotlight 6||9.0||~100||1972|
|Tales to Astonish 13||3.0||~$1000||Hulk Annual 5||9.0||~100||1976|
|Spider Man 129||6.5||~$450||Spider Man 135||9.0||~70||1974|
Tomb of Dracula 10
|6.0||~$120||Tomb of Dracula 12||9.0||~90||1972|
Overall, the evidence in Bronze Age shows that high grade 2nd appearance are worth something but not to the extend of a mid grade first appearance. Between the two, there is almost a 50% difference in value.
Some interesting notes
- Groot’s first appearance is already through the roof and yet folks are NOT buying up his 2nd appearance. His 2nd appearance in high grade is only 10% of his low grade first appearance even if it is a silver age book. Does this contradict the hypothesis that once prices are out of reach, collectors will go for 2nd appearance?
- There seems to some kind of undervaluation going on. Most high grade 2nd appearances are about 50% of its mid grade first appearance but for Punisher, his high grade 2nd app is only worth 15% of his mid grade first!
- In terms of value, Iron Fist seems to be the least desired among these keys.
- I left out Wolverine because his 2nd appearance happens to be in Giant Size X Men #1, which also contains the first appearance of the Modern X Men so it is a clean data point to use.
So, what do you think? Are bronze age 2nd appearances worth investing.