Comic Book Speculation #6 – White Fox Key Issue

For this week Comic Sunday Speculation, the idea came from our group’s dabears4, who selected White Fox to invest in. She is a character I was also keeping an eye on due to her connection with Agents of Atlas, an IP that is getting increasing interest due to MCU rumors.

Being this case, I thought it would be a good idea to feature dabears4 idea here rather than with the rest of the community recommendation series.

Below is the book he recommended:

Contest of Champions #1 Ron Lim Variant

Date of Publication: 2015
Sale number: 79,893

Key strengths of this book
1. First appearance of White Fox

 

Collectors who have been on White Fox will know about this book. It is the other cover the features White Fox on the cover aside from the 1:25 variant.

Update: turns out the regular cover also has her on the cover. apologies for this oversight but the analysis still stands.

However, this is actually a great time to pick this one up. Why?

It is because the 1:25 has started to move. Since we know that books affect each other, interest will soon pour into this book as prices of the 1:25 continue to escalate.

Below are screenshots of the prices for the 1:25 2 months ago and currently.

Prices have also doubled in July from May as result of the current modern speculation climate.

If prices continue to rise, I am sure the attention will soon be on the Ron Lim variant book that has White Fox on the cover.

In addition to the above, here is what dabears4 has to said

  • White Fox is currently in an on-going team title, Agents of Atlas
  • White Fox is currently carrying a premium cover consistently at $ 200+ (future fight first In-Hyuk Lee Virgin)
  • White Fox is also a very popular video game character
  • The only other white fox cover of Contest of Champions #1 is a premium ratio variant at $50+
  • Could easily double or more with modern 1st appearance focus and some uptick in interest in AoA.

Below is a simple table showing the price different and profit potential

IssueSupplyPrice
Contest of Champions #1 Ron Lim Variant79,893USD 10
Contest of Champions #1 1:25 Variant79,893USD 50
War of Realms Agents of Atlas #1 1:50 Variant64,990USD 250
War of Realms Agents of Atlas #1 1:25 Variant64,990USD 60
Links above are to Ebay. If you buy something, I will get a commission from Ebay as part of its affiliate program. If you want to support my research, using my links to buy from Ebay will be the best way.

One problem highlighted by the table above is the unknown print run for each variant. We all know estimating variants print run using incentive ratio is not correct. However, as a comparative tool, it is still usable.

In the above, the War of Realms Agents of Atlas #1 1:50 variant should be the rarest because of the lower sales and higher incentive ratio. This can be seen in the higher prices it is commanding among all the variants.

The 1:25 variants, on the other hand, should have more copies and this can been seen in the lower prices they are command, for both Contest of Champions and Agents of Atlas. In fact, the 2 1:25 variants are very much identically priced in the market.

The unclear piece is the Ron Lim variant. It is not an incentive cover but it seems less common than the regular cover. As such, it is unknown if it has similar print run to the 1:25 or much more.

Therefore, based on your assumption of the supply, the Rom Lim variant can potentially reach USD 25 to even USD 50, which is 2.5 to 5X returns from the current price of USD 10.

Hope you like this week’s Comic Sunday Speculation. If you have your own picks, I encourage you to post them in the comments or drop me a chat if you are in our Mewe group.

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