2023 MARKET REPORT: HULK SMASH!
SMASH is probably putting it a little strongly, but any year a book sells for almost a quarter of a million dollars is worth remarking on.
In this case, it was an 8.5 for $245K.
Other grades have softened slightly, but in a tough tough market, this book is hot enough.
2022 MARKET REPORT: HANG ON TIGHT BECAUSE IT'S GOING TO BE WILD
Something bears repeating from my first report on this Hot Comic.
How Many Copies of the Big Marvel Books Exist?
There is a definite hierarchy for census numbers on the mega key issues. Some are rarer than others.
Check out these total census numbers for unrestored copies, ordered by least to most certified examples:
Plus it's the first HULK!!! Come on, when will the market move like it ought to?
We saw some great sales of this book last year -- finally! But they are just the beginning. It's simply too important, and too tough, a book not to keep increasing in value.
If you look at the very low grade sales, then it's hard not to conclude that a price bump is still overdue between 3.0 and 6.0 grades.
2021 MARKET REPORT: THE STRANGEST MARVEL MEGA-KEY
While there has been some activity on Hulk 1 this year, most of it has been lower down the grade range.
Finally, there is some resolution between CGC 2.0 and CGC 5.5, where in the past they seemed jammed together with just a few thousand bucks separating the grades.
Some high-grade sales were not reported this year, including a super-nice CGC 9.0 that broke the $200,000 barrier.
2020 MARKET REPORT: BUYERS STILL TRYING TO FIND THEIR FEET HERE
Something is happening to Incredible Hulk 1. Prices of sub-VG books are selling for VG prices. FN- books are sort of stuck. VG grades aren't moving at all.
This can't last. Upward pressure from below will see 4.0 and 4.5 and 5.0 break out of their patterns soon.
There is enough activity on this relatively scarce book to justify moving it up the hot list.
Here are recent sales:
2019 MARKET REPORT: PRICE COMPRESSION LEADS TO 2019 DROP
Some key issues seem to go up every year, but Incredible Hulk #1 is not a sure hit in every grade. I've dropped it down the list to reflect that.
I still like this book for long-term gain, but it needs time to settle down around the VG-FN range of grades. Sales are infrequent and often misleading.
2018 MARKET REPORT: DOWN BUT NOT OUT, HULK NO SMASH NOW
There is price appreciation, especially in grades around 2.5 to 3.5 and 6.5 and higher, but this book does not trade in high enough volumes to deserve a place in the top 10 at the moment.
The eye-catching 9.0 sale is from May 2017. Always exciting to see a Silver Age key issue hit such heady heights.
2017 MARKET REPORT
Hulk stole the show in the Avengers movies. And while his own movies were a little lukewarm, chances are the character will continue to cross over into other properties in the Marvel Cinematic Universe.
Incredible Hulk 1 is a much rarer book than most other Marvel key issue comics. Check out these total census numbers for unrestored copies:
Incredible Hulk #1 -- 1,324 copies graded
Journey into Mystery #83 -- 968 copies graded
Fantastic Four #1 -- 1088 copies graded
Tales of Suspense #39 -- 1180 copies graded
Amazing Fantasy #15 -- 1537 copies graded
Avengers #1 -- 1954 copies graded
Amazing Spider-Man #1 -- 1979 copies graded
X-Men #1 -- 2269 copies graded
You can see from the above that Hulk #1 is about twice as rare as AF15, but prices have not really reflected this. Demand is so high on the 1st Spider-Man appearance. But Hulk is smashing his way to the top.
The entry level 0.5 grade is now approaching $4,000. That's still a ways behind, but if this trend continues, Hulk #1 will become the most valuable Silver Age Marvel issue bar none.