OK, the expert is here. Having just got back form the San Diego Comic Con last month (c'mon, no one here can call me a nerd), I can say that comics are alive and well. No, I don't really get into the new stuff, I mainly collect older stuff (40's-70's). But some people on here don't know what they're talking about!
Let me respond to a few things I read on here. First of all, the comic market is not dying. Comics are still highly collectible. It's just that the focus has changed. In hindsight, collectors scoff at the crap put out in the early 90's. The hobby got so big, it was inundated with non-collectors (hence so many non-collectors in this thread talking about Image and Valiant comics). The market was oversaturated and that crap is worthless today. But there have been many modern comics that have seen great value. I sold my copies of Ultimate Spiderman #1 for $30 back in 2000, and they sell for $100 today. (Again, probably overpriced due to movie hype.) The popularity of comic book movies like Spider-man and X-Men have really pumped up the comic industry.
The focus today has shifted to graded comics. The grading company CGC pretty much has a monopoly on grading, and CGC comics graded 9.6 and up are selling for quite the premium. Many critics (like myself) say it's a speculator market, much like the early 90's Valiant/Image crap, and the market will one day fall on it's face. But people are paying hundreds of dollars for 9.8 and 10.0 copies of comics that are less than a year old. So to say that comics are no longer collectible is absurd. In my realm of collecting, Gold and Silver age, prices are on a steady incline, and always have been. And CGC-graded copies of those older comics can even get more expensive (CGC 9.8 Hulk #181 that lists for about $1000 in "mint" sold for $19,000).
So here are my tips for people trying to sell their comics:
- Don't use Wizard as a price guide. Everyone in the hobby laughs at Wizard prices. The best price guide is Overstreet, and those prices can be inflated for modern books. They don't price less than cover price, but much of the 80's & 90's crap sells for way less than cover. The best guide is to search eBay.
- The guy with the "$1600" worth of comics, I hate to be the bearer of bad news, but that's the kind of stuff I'm talking about. The X-Men are good, but don't expect to get anywhere near those prices. Those values (let alone being inflated Wizard values) are for NM books. NM pretty much means flawless. So if you can see the slightest flaw (and I mean SLIGHTEST...like a very tiny bend on a corner, or a stress line on the spine from reading), it's probably not NM and sells for less. My brother is currently selling a bunch of those comics (mainly old Spawns), and is happy when he can sell a lot on eBay for an average of $1/comic.
- Sell on eBay, not your local dealer. If a comic "lists" for $10 in Near Mint, yours is probably Very Fine and lists for $7. People are more likely to spend 80% of guide for a NM, but 50% of guide for a VF. So the dealer can sell your $7 comic for $3.50. So he might give you $1 for it. (That was a simple example, and does not relate to the $1/comic statement I made about eBay.) Why sell to a dealer who is going to profit after selling to the end customer, when you can sell to the end customer yourself? Just include huge scans (no ipix hosted pictures), and sell on a Sunday night. You'll get what the comic is worth. Sell in lots if you have 90's crap.