BREAKING UPDATE – TMNT Buyout Offer

Welcome to Comics Insider. This is a new feature where we analyze a current buyout offer.

Teenage Mutant Ninja Turtles #1 9.8

About the Asset

This is a 9.8 graded copy of Teenage Mutant Ninja Turtles #1. There are a total of 33 in circulation.

About the Offer

Rally has received a net offer of $91,994.26 ($91.99/share) for this copy. The gross offer amount was not disclosed. That represents an 8.2% premium over the current trading price. The current market cap for an identical copy trading on Otis is $92,500.

Recent Sales History and Valuation

Rally bought this copy for $59k on July 30 2020. Otis paid $61k for theirs around the same time.The most recent public sale of this asset was in 2019 for $50k.

The slightly more widely traded 9.6 copy sold for $25k in mid 2020 and $20k in early 2019. It most recently sold a few days ago for $66k.

If we apply the same appreciation, that puts the value of our copy at around $156k to $165k. GoCollect rates its FMV at $160k, so I think that’s the right ballpark.

Inferred value – $160k

Verdict

I don’t own any of these shares (or the ones on Otis), but I would vote no if I did. It won’t trade again on Rally for a few months, but I would expect the price to pop a bit when it does.


Facebook Group

Our Facebook Group is also now live. Request to join and we’ll let you right in.


Share

Author

Wyatt Cavalier

Wyatt Cavalier

With a background in finance & intelligence analysis, Wyatt has an unhealthy obsession with finding the best blue chip investment opportunities. His previous newsletter, Fractional, resonated deeply with subscribers, bringing actionable insights and unconventional trading strategies. His rare book collection specializes in banned editions. He currently lives in Spain with his beautiful wife, three young boys, and dog Monty.

Related Posts

detective comics

Detective Comics #140 CGC 7.5 Cream to Off-White Pages

More losers than winners last week as more assets dropped into negative territory. The biggest loser was Batman #5 on Rally, which dropped 41%. Here’s what’s in store for you at auctions, comic books dropping this week, secondary markets, and more.

amazing spiderman

Batman #1 CGC 8.0 acquired by Rally

Lots of things going on this week in Comic books. Here’s a scoop into what’s dropping, auctions that are still open, and what’s fresh in the industry.

marvel incredible hulk 9

1974 Marvel Comics Incredible Hulk #181 CGC 9 MINT IPO

Most comics were up last week, led by Spiderman #129 and Hulk #181 on Otis. Here is a good look into comic books fractional markets, secondary markets, auctions, and interesting IPO you might like.
-Incredible Hulk #181 CGC 9.0

detective comics - penguin

Comic Books Insider – Nov 16, 2021

Today is an analysis of last week’s comic book asset performance, and this week’s secondary markets, at auction, and new assets, like;
-Detective Comics #58 CGC 8.0

Recently Published

Curious about investing in Comic Books?

Get updates on new opportunities across Mythic Markets, Rally, and Heritage Auctions.


Join the club. Start here.

    Join thousands of subscribers.
    Absolutely spam-free.

    Curious about investing in Rare Books?

    Get updates on new opportunities across Rally, Otis, and Heritage Auctions.


    Join the club. Start here.

      Join thousands of subscribers.
      Absolutely spam-free.