2021 MARKET UPDATE: RED LETTER DAY FOR THE BLACK KNIGHT
The coronavirus has delayed comic book movies, which combined with the lack of anything to spend money on has seen cash rush into books like this one.
New records have been set in many grades. I predict more froth on the top of this market until the Eternals movie appears. Recent sales:
You may have heard that Marvel has announced a bunch more movie titles, including one nobody saw coming.
Yes, The Eternals is now getting the MCU treatment. Plenty of long-overlooked issues have become hot as a result, including Avengers #47 (1st Dane Whitman before he becomes the Black Knight in #48).
As if that alone were not exciting enough, Game of Thrones fans went crazy when Jon Snow actor Kit Harrington signed the deal to play Black Knight.
Harrington's popularity has led to speculation that his deal might take him beyond the Eternals movie and into the wider MCU. Which could only be good news for people holding copies of Avengers #48...
Higher grade copies of Avengers #48 are available, but with the prices of mid-grade going a bit crazy, you're wise to hang on to your money until you can afford better than average.
We've seen in the past years that the more common the grade, the quicker prices fall when many copies flood onto the market.
Here are the recent sales:
You can see from the above sales how crushed the prices are becoming in the mid-grade levels. This is called price compression.
To rise above it, you need to buy a higher-grade copy.
Look for a crisp, Off-White to White or White page CGC 9.4, and try to find one where the white cover is not yellowing. This book is particularly prone to this problem.
Be happy if you get out with 50 percent profit on this book. It is very common.
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