100 Hot Comics: Avengers 48, 1st Black Knight

100 Hot Comics #75:
Avengers 48, 1st Black Knight
DOWN 16 PLACES FROM LAST YEAR

100 Hot Comics: Avengers 48, 1st Black Knight. Click to buy from Goldin

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Why Avengers 48 is a Hot Comic

2023 MARKET UPDATE: KNIGHT OF THE LIVING DEAD

We aren't really clear on whether the Black Knight is going to come back to the MCU.

Nor is the market, which is why this book has dropped in value.

2022 MARKET UPDATE: RED LETTER DAY FOR THE BLACK KNIGHT

The Eternals movie has come and gone. My eldest son Jasper, who is my go-to person on "early" reviews (whenever I can't or won't see a movie) told me not to bother.

Oh dear. It always seemed like a strange choice for the MCU.

This hasn't seemed to dent the enthusiasm for the Black Knight. Far from it. Sales have been strong, as people expect him to turn up in other MCU projects in the coming years.

If you're holding: I really think this might be the time to let go of this book. Unless you're extremely patient. I expect some sell-off. $20K for a 9.8 is almost triple this time last year. Don't be greedy.

Recent sales:

9.8 $20,400
9.6 $4,800
9.4 $3,755
9.2 $2,280
9.0 $2,880(!!)
8.5 $1,600
8.0 $1,175
7.5 $900
7.0 $810
6.5 $755
6.0 $700
5.5 $565
5.0 $600
4.5 $435
4.0 $400
3.5 $380
3.0 $200
2.5 $270(!)
2.0 $165

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:

CGC 9.8 $7,200
CGC 9.6 $3,360
CGC 9.4 $1,800
CGC 9.2 $1,250
CGC 9.0 $765
CGC 8.5 $600
CGC 8.0 $595
CGC 7.0 $350
CGC 6.0 $230

IF YOU BOUGHT MY RECOMMENDED GRADE LAST YEAR:

Here's the bottom line.

CGC 9.4 2020 $1,394
LAST SALE $1,800
PERCENT CHANGE +29%

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...

What to Invest In

Avengers 48 CGC 9.4. Click to buy a copy from Goldin

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:

CGC 9.6 $2,628
CGC 9.4 $1,650
CGC 9.2 $930
CGC 9.0 $605
CGC 8.5 $565
CGC 8.0 $520
CGC 7.0 $255
CGC 6.0 $168

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.