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

Welcome to the Comic Book Insider for March 2nd, 2022 – FREE edition.

Each week we give you the scoop on undervalued, mispriced and hidden gems in alternative and fractional investing.

Comic Books performance in 2022

Comics continue to trend upwards with very little signs of the market slowing anytime soon.

Low and middle-end graded copies are starting to see more growth, but key comics in high grades are still the fastest appreciating.

Raw copies of key comics are starting to disappear. CGC is experiencing huge delays which could keep the increase of supply at a reasonable level for the rest of 2022.

Fractional Markets

Unfortunately that trend doesn’t carry over to the fractional markets, which have been selling off for the last couple of weeks despite a positive return for the year so far.

This is similar to what we’re seeing elsewhere in fractional markets where nearly all asset classes are down regardless of the broader market.

Price data taken from Otis and Rally

Comic Books performance last week

Fractional secondary markets

More losers than winners last week as more assets dropped into negative territory. The biggest loser was Batman #5 on Rally, which dropped 41%.

Data from Otis and Rally


Goldin wrapped up its huge comic auction last week. The good news is that prices were very strong across the board, and certainly no sign of the high-end graded market slowing down yet.

Here’s a round-up of the most notable sales:

In the words of the great man: !You’re much stronger than you think you are”

Comic Books dropping this week

New IPOs

Dibbs will IPO its second comic book today (Thursday 3rd March).

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

  • Market Cap: $55,000
  • Inferred Value: $60,000
  • Retained Fractions: $11,000 (20%)
  • Dropping: On Dibbs, Thursday March 3rd at 1 PM ET.
  • Our view: [INSIDERS ONLY]

I’m not mad at all. I’m just differently sane.

What’s the scoop on this IPO?

This is the first appearance of the Riddler, one of Batman’s most notorious enemies, and second only to the Joker in most people’s eyes.

First published on October 10th,1948 at a cost of 10 cents, this issue outlines the life of a young Riddler, then known as Edward Nigma (E-Nigma, get it?).

Here’s his origin story:

After a teacher announces a puzzle contest, a young Riddler becomes obsessed with learning and tricking others with his puzzles. Edward decides that Batman will be a worthy opponent and traps Batman and Robin on a pier, where the dynamic duo find a way out just in time only to see a question mark floating in the water. These games would continue for years until present day.

“Was that over the top? I can never tell.”

Currently, CGC has graded only 169 of these in original condition, and five of them have a CGC grade 7.5, with just 11 graded higher than this. So this 7.5 grading puts the book in the top 10% of all copies ever graded, which is quite a big deal.

Here’s a round-up of the best comps we could find:

And in terms of other current and upcoming listings:

Secondary markets

On Dibbs, we have The Incredible Hulk 181 CGC 9.0 trading, which you may remember we talked about three weeks ago. Dibbs has no lock-up period, and assets trade 24/7. Despite all that, trading seems to be pretty flat on that one, at least for now.

The Detective Comics 58 CGC 8.0 with The Penguin’s first appearance is on Rally. It had a $60,000 IPO in November. This comic is up 21% in the last 12 months. It only has 1 buyer so far, but plenty of sellers willing to take a loss or break even. The last sale of a 7.5 was in September for $44,400. There aren’t enough sales to justify the $60,000 as of right now. I think we can find a better spot.

Hold on, Robin!

Coming up next week

Comic Link has their Winter Featured Auction going on as we speak. It has staggered end dates and will wrap up fully next week.

The weekly Heritage has all the usual suspects plus a few standouts, including this Amazing Fantasy #15.

caption for image

Goldin is having their now-standard “monthly sports and pop culture auction”. You can find 81 comics on there, and they all end on Tuesday, March 15th.



Picture of 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.

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lord of the flies


Time to go book shopping? Today we analyze rare books fractional markets, limited edition books, and what’s IPOing this week and next week.
-William Golding’s Lord of the Flies

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