Thanks, pals, for being patient as my blogging batteries recharge. I plan to have another “My Fantastic Four-ay” post this week, and should have another installment of the Final ’90s Countdown coming along in short order.
In the meantime, let me address a question that came up in the last post, about the supposedly-damaged Absolute Batman #20s, from D:
“So are people buying 2 copies of AbBat every month, one to read & one to slab at 9.8 to flip? Or is no one actually reading the book at all and just having their issues encased?”
I’m reminded of that one creator, during the height of the pandemic-inspired comic speculation frenzy where every first appearance of anything was snapped up in desparation for making that big eBay killing, who was so excited at the huge jump in demand for their comic. “Wow! Sales are through the roof! Thanks everyone for your support!” and I just didn’t have the heart to tell ’em that this was only a speculation-fueled bump, that sales were going to drop right back down to where they were previously. And the book ended shortly thereafter (it was a Marvel book, so “ending shortly thereafter” is pretty much a given, what with current publishing stragegies).
I think the point I’m trying to make here is that if Absolute Batman was purely a title supported by speculators, I don’t think it would have lasted this long and at its current high sales volume. That said, speculation is part of the formula here, as most issues have something to generate that sort of interest (1st Absolute Catwoman! 1st Absolute Bane! 1st Absolute Robin(s)!), so that sort of investment behavior is certainly subsidizing the sales.
In general I order around the same numbers for each new issue of Absolute Batman, and I can tell the difference between the issues that have something Hot and Investable in them and those that do not, given on how many I have left over after the initial sales week. However, the amount of demand from people who seem to be actually interested in reading the comic is enough that even if the issue has extra remaining copies, they will continue to sell through the following weeks.
Here’s the thing…I haven’t back-issued any Absolute Batman. (Or any of the Absolute books, for that matter.) I keep every available issue up on the rack and for sale. DC seems intent on keeping the periodicals in print, even if they’ve been reprinted in hardcovers/trade paperbacks, which is unusual. But DC seems to recognize the strong continuing sales of the individual comics and their appeal to new readers, and keeping them in print is money in the bank for themselves and the retailers. I just placed a reorder for more reprints of the entire run, and expect to sell through those again. We’re up to an 11th printing on #1, if you can believe it.
I’m not a mind-reader, so I can’t say for certain that the majority of sales for Absolute Batman is by readers, and not by people immediately shipping them off to CGC to be slabbed and graded. But the general vibe that I’m getting is that they are being bought by readers, and said readers find the comics exciting and compelling. Nearly all my sales in the shop are single copies to customers. Only occasionally do I have someone picking up two or three copies for themselves.
Now, this is just my store. Maybe other stores that are more CGC-oriented than mine (which ain’t hard to achieve) are seeing people buy Absolute Batman by the handful for immediate flipping. I can’t deny that speculation isn’t rampant with this comic, because otherwise this recent controversy over the “damaged” copies of #20 wouldn’t have happened if a significant number of people weren’t upset about not being able to get their coveted “9.8s.” But my sense is that, given the continuing reprinting of the individual issues, given the sales patterns I see at the store, given the general buzz around the actual contents of the stories, this book is getting more reader-driven demand than speculator-driven.
Some do both! It is possible to read AND slab your Absolute Batmans (preferably in that order). I have been enjoying the series quite a bit, and the extra ~$800 I got for #s 1-15 that came back 9.8s doesnt hurt :)
I’m seeing some of the bigger online retailers stocking plenty of CGC graded Absolute Batman comics for sale.
The DC Absolute Universe reminds me very much of the Marvel Ultimate Universe. They were the hottest comics at the time. Every issue was selling out and rapidly increasing in value. It was the same type of format, where almost every issue of an Ultimate comic was introducing the Ultimate-version of some character. Then, the Ultimate Universe started to get old. Now, most of the Ultimate comics are readily available and valued around cover price. Ultimate Spider-Man #1 has retained value, and that’s about it.
One worrying trend I am noticing from those same big online retailers is that the latest issue of Absolute Batman (with damage) is still available to purchase at cover price. Usually, the current issues of Absolute Batman are selling out immediately. Is Absolute Batman #20 selling slower due to speculators not wanting to bother with a comic that won’t be graded at 9.8? It seems likely.
Graham Crackers comics will keep as many back issues as they can, I can’t travel anymore, but I know this from THE WALKING DEAD and a few others back in the day.
But keeping copies of ABSOLUTE BATMAN #1 in its tenth printing mean anything at all to a collector? Though I’d bet you only go back to maybe #15 now.
Or is it that you’ll still get new customers.Buying the trade and then finding more recent issues on the racks for them to buy means you continue to get more people buying the book and possible other Absolute books?
Curious as to how the store I mentioned downtown handles it.