⚡ Quick answer

⚠️ For informational purposes only: This information is provided for educational purposes only. My Comics Collection is not an investment advisor. Values vary with condition, scarcity and market trends. Always check recent eBay and GoCollect sales before any buying decision.

⚠️ For informational purposes only: This information is provided for educational purposes only. My Comics Collection is not an investment advisor. Values vary with condition, scarcity and market trends. Always check recent eBay and GoCollect sales before any buying decision.

Between 2020 and 2021, the comics market went through an unprecedented speculative bubble in the medium's modern history. Fueled by lockdown, US stimulus checks and a cascade of MCU/Disney+ announcements, values of hundreds of comics exploded — sometimes multiplied by 5, 10, even 20 in a matter of weeks.

Many collectors bought at the top of this bubble, convinced values would keep rising. Three to four years later, reality is harsh: most of these comics lost 40 to 80% of their peak value. Some never recovered. Others are slowly stabilizing at levels well below the peak.

This article is an honest assessment. Not to mock those who bought at the wrong time — everyone makes mistakes on overheated markets. But to extract lessons and never end up in that situation again.

Methodology note: Prices cited are estimates based on eBay sales data and public price guides (CGC Census, GoCollect, MyComicShop). Values vary with comic condition (CGC grade), recent sales and region. These figures are indicative to illustrate trends, not absolute market prices.

The 10 comics whose bubble most clearly burst

#1 on our list

Eternals #1 (2021, Gillen/Esad Ribic)

Peak price (Oct. 2021)
~$200
Current price (2026)
~$18-28
Correction
-85% collapse

Marvel's Eternals film, released November 2021, triggered a speculative fever on all Eternals-related comics — including this 2021 series, recent and printed in large quantities. Before the film's release, speculators bought en masse hoping for a rapid rise.

The film received divided reviews, underperformed at box office, and Marvel didn't announce a sequel. The comics series ended without a confirmed sequel. The value collapsed. Buyers who paid $170-200 for a CGC 9.8 copy find themselves today with a comic worth $18-22 raw.

Lesson: never buy a recent comic (less than 5 years old) at a speculative price based on a film announcement. Modern print runs are high, available stocks abundant. The market always regulates downward.
#2 on our list

Thor #337, first appearance of Beta Ray Bill (1983)

Pre-bubble price (2019)
~$45-70
Peak price (2021)
~$385-660
Current price (2026)
~$90-135

Beta Ray Bill, the character who holds Thor's hammer on Walt Simonson's iconic cover, saw his value explode following persistent rumors of his MCU appearance. His first appearance in Thor #337 went from $45-70 to over $550 for a Very Fine copy in a few months.

Beta Ray Bill has never appeared in a Marvel film to date. Rumors weren't confirmed. The value corrected to $90-135 — about twice pre-bubble value, still a residual speculation premium not justified by any real appearance.

Lesson: MCU appearance rumors are regularly false or premature. Buying on an unconfirmed rumor is pure speculation. Wait for official confirmation — you'll pay more, but the risk will be infinitely lower.
#3 on our list

Moon Knight #1 (1980, Sienkiewicz) and Moon Knight comics

Pre-bubble price
~$90-135
Peak price (March 2022)
~$880-1,650
Current price (2026)
~$220-385

The 2021 announcement of the Moon Knight Disney+ series (with Oscar Isaac) triggered a fever on all character-linked comics. Moon Knight #1 in Very Fine/Near Mint reached delirious peaks. The series was positively received, but not enough to sustain values above $1,100 on a comic that's certainly rare but not as foundational as Silver Age key issues.

Moon Knight #1 keeps real value — it's a Bronze Age comic with Sienkiewicz, the character's first solo. But buyers who paid $1,300-1,650 at the 2022 peak lost 60-70% of their investment.

Lesson: even a comic with real intrinsic value can be massively overvalued by the MCU effect. Knowing the pre-announcement historical value gives an idea of the "real" floor.
#4 on our list

Miracleman #1 (Eclipse, 1985), Alan Moore

Pre-bubble price
~$35-55
Peak price (2021)
~$440-770
Current price (2026)
~$65-110

The announcement of Marvel acquiring Miracleman rights and new editions being published triggered a fever on Eclipse original editions. Speculators bet on original scarcity vs. the new editions. The logic seemed solid, but Marvel republished the complete collection, making content easily accessible. Demand for originals collapsed.

Miracleman remains an Alan Moore masterpiece, but its market value is now closer to its pre-speculation value.

Lesson: when a publisher announces reprints, the scarcity value of originals drops mechanically. It's the time to sell originals, not buy them.

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#5 on our list

Ms. Marvel #1 (2014, first Kamala Khan)

Pre-bubble price
~$90-165
Peak price (2021)
~$660-1,320
Current price (2026)
~$135-240

Kamala Khan, the first Muslim Ms. Marvel, is a genuinely important character in comics history. Her first appearance in Ms. Marvel #1 (2014) had real collection value even before the MCU announcement. But the 2020 Disney+ show announcement multiplied prices by 5 to 8.

The Ms. Marvel Disney+ show was well received but didn't trigger the enthusiasm speculators hoped for. Value stabilized reasonably, but those who bought at $880-1,100 are still largely underwater.

Lesson: a culturally important character isn't necessarily a good investment if you buy at the media peak. Collection value builds long-term, not on the month's announcement.
#6 on our list

Avengers #1 (2018, Jason Aaron), 2nd series

Normal price
~$5-9
Peak price (2020-21)
~$65-130
Current price (2026)
~$5-13

This case is particularly telling: a 2018-printed comic, printed in hundreds of thousands of copies, worth $5-9 on the market. During the bubble, CGC 9.8 copies traded at $110-130 solely because the "issue 1" of the series combined with the word "Avengers" attracted uninformed buyers.

Thousands of Near Mint copies exist in collector boxes worldwide. This comic is worth its original cover price, no more.

Lesson: beware of modern "issue 1s" from Marvel and DC's major series. Print runs are huge. A CGC 9.8 only has value if supply is structurally limited — never the case for a recent contemporary series.
#7 on our list

Strange Tales #110, first appearance of Doctor Strange (1963)

Pre-boom price
~$440-880
Peak price (2022)
~$3,850-8,800
Current price (2026)
~$880-1,980

More complex case: Strange Tales #110 is a real Silver Age key issue, Doctor Strange's first appearance in a 1963 comic. It's always had value. But the 2022 release of Doctor Strange in the Multiverse of Madness catapulted values to the stratosphere.

Since then, value has corrected 60-70% from peak but remains clearly above pre-MCU levels. This comic has real intrinsic value, but buyers who acquired it at the top still lost thousands of dollars.

Lesson: even real Silver Age key issues correct after MCU peaks. But unlike modern comics, they have a real value floor that protects them from total collapse.
#8 on our list

Fantastic Four #48, first Silver Surfer & Galactus (1966)

Pre-boom price
~$330-660
Peak price (2021-22)
~$2,750-6,600
Current price (2026)
~$770-1,540

Galactus and Silver Surfer MCU rumors have circulated since the Fox/Disney acquisition announcement. Each new rumor relaunches FF #48's value. After hitting peaks during the 2021-2022 peak, the comic has corrected about 70% from highs.

Fantastic Four #48 remains a foundational Silver Age comic and holds real collection value. But buyers who entered at the $4,400-6,600 peak still have ground to recover.

Lesson: for foundational Silver Age, the patient strategy wins: wait for a post-announcement correction to buy at a more reasonable price. These comics always end up climbing back, but correction can last 2 to 4 years.
#9 on our list

Amazing Spider-Man #361, first Carnage (1992)

Pre-boom price
~$16-33
Peak price (2021)
~$165-385
Current price (2026)
~$33-65

The Carnage film announcement (in the Sony/Venom universe) triggered a spike on the villain's first appearance. ASM #361 decupled its value in a few months. The Venom: Let There Be Carnage film was a commercial success but insufficient to sustain $330 values on a 90s comic printed in hundreds of thousands of copies.

This is the classic 90s comics pitfall: huge print runs, millions of copies in circulation, so supply structurally too abundant for values to stay high durably.

Lesson: 90s comics have colossal print runs. "Scarcity" doesn't exist. Speculative values on these comics never hold long-term, even for real important first appearances.
#10 on our list

New Mutants #87, first Cable (1990)

Pre-boom price
~$22-45
Peak price (2020-21)
~$220-550
Current price (2026)
~$40-70

Cable in Deadpool 2, then hope of a solo Cable film, relaunched interest in NM #87. Rob Liefeld's cover is emblematic of 90s X-Men. But 1990 print runs were already massive — the comic is far from rare. Value has corrected 80-85% from bubble peaks.

Lesson: Rob Liefeld created many popular characters (Deadpool, Cable, Domino), but the 1990-1993 comics they appear in all have very high print runs. MCU speculation creates ephemeral bubbles on these comics that always return to real levels.

Transversal lessons from these 10 cases

Analyzing these 10 comics, several clear patterns emerge:

1. Print runs from 1985-2010 are structurally unfavorable

The comics industry had its highest print runs in the 90s, with some issues printed at 1 to 5 million copies. No MCU demand can durably absorb such massive supply. Speculative values on these comics always return to natural levels.

2. MCU announcements create peaks, not floors

When Marvel announces a film or series, associated comic values rise quickly — often in days or weeks. This is the time to sell, not buy. After film release, values systematically return to a level between pre-announcement value and peak.

3. Real Silver/Bronze Age key issues resist better

Amazing Fantasy #15, Incredible Hulk #181, X-Men Giant-Size #1 also saw significant peaks during the bubble, but their correction was far less severe. Fundamental collector demand for these comics is structurally supported, regardless of MCU.

4. Real-time value tracking is the only effective protection

All these peak purchases were made by collectors who didn't have access to complete price history. Seeing a comic multiply 8x in 3 months should have triggered alarm, not a buying reflex.

The 2020-2021 boom was fueled by three simultaneous factors: lockdown (people sought new hobbies and investments), American economic stimulus (government checks injected liquidity), and multiplying MCU/DC announcements. When these factors dissipated, speculative demand dropped, bringing values back to levels more consistent with long-term collector demand.
Compare the asking price with the 12-24 month price history (available in My Comics Collection). If current value is significantly above historical average without recent fundamental reason (no MCU announcement, no ongoing show), the comic is probably overvalued. Avoid buying in the days following a media announcement — value peaks rarely last.
No. Real key issues — first appearances of iconic characters, historical issues with intrinsic value — maintained or recovered their value after correction. It's mainly comics with purely speculative value (second appearances, secondary appearances, issues linked to aborted announcements) that didn't recover.
Yes, always. First appearances of characters linked to rumored upcoming Marvel or DC films regularly see speculative peaks. Golden rule: if a comic's value rises more than 200% in under 3 months following a rumor or announcement, wait before buying. Correction often hits within 6 to 12 months.

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