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N.I.C.E. #36 + Mile High Futures #49

Entry posted by Aweandlorder · - 291 views

This was in February of 1989 and Marvel had just been sold to Ron Perelman's MacAndrews and Forbes for $82 Mil

(Taken from Mile High Futures Catalog #49 dated March 1989)

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Happy days! So you think Chuck would have made better investment spec's this month? Guess again:

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But if you thought that Chuck ditched Batman because it was a DC property and because DC wasnt sold to Elon Musk, I mean Ron Perelman, for 82 mil. Think again.

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Needless to say, this was very bad spec, Batman Death in the family was and still is a staple copper Bat book, Batman as a character became much bigger within time, while Marvel would suffer major losses in the near future as a result of this new deal.

Short and sweet - You cannot speculate on comic books, as you do not know what the future holds.

PS-

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This has been a fun thread to read.   Keep them coming.   

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The "Don't buy Batman" post is particularly funny to because I started buying Batman in 1989 -- mid-way through Year 3 with # 437.

Granted, he was right about Death in the Family -- by the time the Batman movie hit prices peaked at:

Batman 426 - $45

Batman 427 - $35

Batman 428 - $35

Batman 429 - $12

But, if you weren't buying Batman off the rack in 1989-1990, you missed out on A Lonely Place of Dying (increases in Batman 442 and New Teen Titans 60-61) and (in 1990) Robin # 1, which quickly went from $1 to $12.

As everyone knows, Tim Burton's movie was a monster hit that also lifted _all_ Batman back issues (but esp. Joker covers going back to the Golden Age) and buoyed comic collecting as a whole.

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On 3/28/2018 at 1:03 PM, Gatsby77 said:

The "Don't buy Batman" post is particularly funny to because I started buying Batman in 1989 -- mid-way through Year 3 with # 437.

Granted, he was right about Death in the Family -- by the time the Batman movie hit prices peaked at:

Batman 426 - $45

Batman 427 - $35

Batman 428 - $35

Batman 429 - $12

But, if you weren't buying Batman off the rack in 1989-1990, you missed out on A Lonely Place of Dying (increases in Batman 442 and New Teen Titans 60-61) and (in 1990) Robin # 1, which quickly went from $1 to $12.

As everyone knows, Tim Burton's movie was a monster hit that also lifted _all_ Batman back issues (but esp. Joker covers going back to the Golden Age) and buoyed comic collecting as a whole.

As I recall those sort of prices were a brief peak, and they came down fairly rapidly. I bought those issues off the stand due to the hype, and traded them in at my LCS for about $10 apiece in store credit, when they had them on the wall for about $20 apiece, but I can't recall when that was in relation to the Movie release. What I do recall was not too long after, you could get the four issues together for around $20, and I was happy to have dumped mine when I did.

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