Collectors Should Be Careful In this Market! WIZARD MAGAZINE Newsstand Sells for Record Price

In this video I talk about the recent record auction sale for WIZARD MAGAZINE 1 in a Newsstand edition, the classic Spider-man cover done by Todd McFarlane. This sale was massive, an all time record, but as wizard magazine continue to get hot in the collectable world, we really need to be careful with this stuff. Now is not the time to get cute in terms of risk...given the economic markets we are in making big plays on wizard magazine is a gamble. We really have no idea what the census for these books are and we also have no idea what the collector base for them will be. Are there a ton of collectors that will want 9.8's of wizard magazine? What do you guys think? Hope you enjoy the video!

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TIMESTAMPS
00:00 - Intro
02:30 - Wizard Magazine 1 Record Sale
06:11 - Be Careful
07:40 - Past Sales/Data
11:12 - Market Response
13:44 - Other Wizards Covers
15:28 - Outro

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Also Check Out Some of My Other Videos Below:

KEY COMIC BOOK SPOTLIGHTS - Character Comic Book Features

MY 12 CENTS - Discussing Industry Topics

COMIC COLLECTING - Hauls & Hobby Tips

COMIC SPEC & INVESTMENT - Market Analysis and Spec Books

MARVEL TRADING CARDS

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[brute_nm]

Must be nice to have $18k lying around to FOMO into things

[scottgg]

Man, I bought every issue starting from #1 for the first 3 years. Saved them for a few years but threw them all away in the late 90s.

[brandonmetro]

Your right swag, we have seen this play out before. Next we'll hear warehouse find. lol

[dougkiesel]

Have a complete set of wizard except the SDCC wizard always alluded me.

[michaelbraniff]

I'm not shocked about this $18, 500 comic book. If there is comic book out there that someone is looking for to complete their collection & there is certain grade that they are looking for, someone will pay a high price if they have the money to do it. Just two weeks a go A spider man comic was bought for over a hundred thousand dollars at this comic book store that I go to, they a nether one for over three hundred thousand & that one is a super man comic book. They have monthly auctions there & I seen bidders battle it out on a bat man comic book worth $75 & the winner ended paying $300 for it. In my opinion you never know how much something is going to go for in the comic book world & I love it.

[miguelh]

Everyone is scrambling to find Wizard magazine #1 now !!!

[pcorey]

I could see wizard issue 1 in a 9.8 selling for 1, 000 or $2, 000 but $18, 000 that was foolish

[bargaintuesday]

It's a shill bid to artificially drive up the price. Don't fall for it guys. There's no long term value for a nostalgia based magazine future generations won't care about.

[ronaldbourgeois]

Swag bought some wizards back in the 1990s but then the price range was from $5.00 to $6.00 per Book Canadian.

[steampunkstar_raisin]

I have collectible toilet paper in my home. It's very rare or at least it was in 2020... #toiletpaper

[stevenschaller]

You totally described me!👍😂 Ive been re collecting wizard for about the past 7 yrs! With all the covers etc.im still about 80 issues shy of completion!ive also got about 99 percent of all zero/1/2's and specials etc!!, believe it or not the tougher ones to find are the later ones.i believe most were recycled!☹️I do have two beautiful number ones!!👍ill never part with any of my collection tho!!🥰

[leveragecomics]

I have 3 direct and 1 newsy of issue 1 of wizard, just got my nicest copy back from CGC, 9.2

[Mazzter]

I’m amazed that Wizard magazines have become this valuable—I used to grab them in the dollar bin back in the day—I bought #1 for $30 at a show back in the day( #1 was tough to find)—but $18, 500? that’s Fantasy 15 money—but to each their own

[leeniren]

If people are going to collect pet rocks, then it stands to reason that wizard comics would be collected too

[miguelh]

Magazines take forever to grade so no correction anytime soon

[WarriorsforInfoTV]

Overstreet has been around since the 70s

[miguelh]

Can't find it for the life of me in Go Collect!!!

[smickrith]

This 18.5k purchase is laughable. As they say, “a fool and his money shall part separate ways..”

[xellosmetallium]

I think that if this continues, one of two things will happen. Comic collectors will get price out of the market or more likely, there is going to be a crash reset. Probably would happen for sure if Marvel movies start to fail to make money.

[docparnes]

The only reason to pay 18k is if I owned the IP and I’m relaunching Wizard magazine. In that case, hyping and pumping the value is a great marketing move. Otherwise, pure stupidity.