1 YEAR UPDATE: amazing SPIDER-MAN #135

This blog will look from a reader’s perspective at a past blog and if the author was appropriate with their advice. I want our readers to know I have the benefit of time on my side in this review. No reviewer can be ideal all the time. Readers, for your home entertainment tonight we are reviewing…. Norman Robinson III’s After-Action Report: amazing Spider-Man #135.

The  Professor

Colleges across the country are getting ready to end their school year.  final Exams have ended.  This is the time when numerous professors are rated by their peers and students.  here at GoCollect, I am ready to do the same.  I will review one of the longest-tenured “professors” here at GoCollect.  He is the illustrious Norman Robinson III, doctor of Comic Books.

Second appearance Theory

Issues Presented:
The Norman Robinson III paper that will be up for review is After-Action Report: amazing Spider-Man #135.  professor Robinson III produces a paper with his theory that the popularity of the Punisher ought to put amazing Spider-Man #135 on the radar for speculators and investors over the long haul.  He justifies this with sales data that demonstrates a better return on investment than the first appearance of the Punisher in amazing Spider-Man #129 over practically all grades.

Professor Robinson’s theory was that this is because the less expensive prices allow for a larger pool of buyers.  much more buyers translates to greater room for growth over the long haul for that book.  The low price point allows for additional people to purchase the book.  This increase in the numbers of sales can be attributed to the low sales price and the gains the book is experiencing because of obvious demand for the issue. This is similar to a minor case of F.O.M.O. Upon evaluating the data offered it is hard to not agree with the professor.

Analysis:
Investors and speculators have long sought out second appearances of characters.  the most justifiable reason for this behavior is that the first appearance has been priced beyond the implies of many collectors and/or investors.  The professor indicated that the price point is such that there are much more people that can afford the second appearance than the first, and thus the reason for the better-looking trends.

New data Numbers

Data
Let us now identify if Mr. Robinson was appropriate in his theory.  The start date of this assessment begins on June 5, 2020.  That date chosen was because it was one day after the short article was published.  The end date was may 18, 2021.  This was roughly 11 months after the short article was published.  I will exclude the 9.9 grades because no sales have occurred because publication.  thus we have the data:

Grade
Trend
Last Sale
Notes

Amazing Spider-Man #135
9.8
-4.4%     
$3,400 (eBay 3/1/21)     
Only 2 sales in this grade (down because article)

9.2
+39%
$720 (Heritage 5/10/21)   
12/20-2/21 Sales roughly around $350

6.5 
+9.9% 
$140 (eBay 2/8/21)
Best offer accepted that decreased price

Conclusion on issues Presented
The 9.8 grade dropped in price, but there were only 2 sales in that grade with a net increase of 3 copies in the CGC census. The 9.2 grades had a broad range of prices, with many selling for around $350 until the last sale.  In conclusion, the book saw positive trends. That means, in general, it was solid guidance from Prof. Robinson.

Alternate Theories

In evaluating this theory, I then compared them to two competing theories utilized by comic book investors.  The first is the “Lower grade Theory”.  This is followed by the “First issue Theory”.  Both of these alternatives are used by investors when they have limited resources and should identify the best course adjustment from the information offered in articles.  In summation, investors and collectors will read of the significance of the first appearance of a character recommended and the alternative suggested in the article.  readers will then decide how to respond to the data offered for themselves.

We will assess purchasing using the previously-mentioned alternative investment strategies.  These consist of purchasing either the first appearance of the Punisher in a lower grade or the first issues of his self-titled book using some of the data presented by Prof. Robinson.  It is his neighborhood, and we should not deviate from that place by using different data. Our goal is to see if the second appearance theory recommendation is still the best option for investors.

Alternative #1: lower Grade
In this analysis, we are still going to focus on the first appearance of the Punisher in amazing Spider-Man #129.  The budget limit we are going to utilize is $3,800.  This is the sale price of the amazing Spider-Man 9.8 that returned a 99% return in the time frame discussed in the first paper.  Remember, the last sale on eBay was $3,400.  You could have purchased a good 8.5 copy of amazing Spider-Man #129 on eBay for $3,199 and saw a good upwarnullnull

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