In pasts posts I’ve talked about the psychological benchmarks for collecting, and how they often guide, or in some cases, dictate your approach once you seemingly pass one. After writing about the J. Jonah Jameson storyline in Amazing Spider-Man #20 earlier this week, I realized that this particular issue actually marked one of those benchmarks for me, so I thought the timing was appropriate to do a “remembrance” post about said issue.
I’ve never been comfortable enough with my financial situation to dedicate a lot of resources to my collection, despite my lofty ambitions to own every single issue of Amazing Spider-Man. That’s part of the reason early on, I was content with picking up a lot of the older issues in lower-grade condition. While I understand that hardcore collectors probably scoff at the idea of owning something in very good or good-plus condition, the important thing is that the comic book has value to me so I have no reservations about paying $10 for a VG copy of a comic that’s likely worth 10 times that amount in very fine or near mint condition. If you think that makes me less of a collector, then pooh on you.
Because of this approach, I’ve always been hesitant to spend a significant amount on myself for one individual comic book. Sure, if a loved one wants to shell out big bucks for me on an issue for a major holiday or birthday, that’s their prerogative and while humbling, I’m certainly not one to turn down a gifted copy of ASM. But to spend that kind of money on myself? Again, despite my lofty goals of completion, it wasn’t something I was capable of doing right out of the gate. I had to work my way up to it.
It obviously started with paying cover price for a comic book at the newsstand, which when I first started collecting was .75 cents (it’s mind-boggling to think I pay $4 for a new issue of ASM these days). After a few years of just paying comic books when they were brand new and just released, I started banking enough allowance to sift through the back issues at the local comic book shop. From there, I was willing to shell out $5 or $10 for a comic that came out five or six years earlier. These were also the first comics I ever purchased that were stored in bags and board (probably because that was the condition in which I purchased them).
When I started reaching back into the Silver Age era of comics, I viewed the money I received from my relatives around the holidays to be the benchmark setter. So in this case, I usually stopped myself at around $50 for a really old, “valuable” comic book that would be one of the crown jewels of my collection.
As time wore on and I drew closer to my ultimate goal of collecting every issue of ASM, I obviously had to think bigger. There were probably a good 30 or 40 ASM comic books that I would never be able to find for $50 or less unless they were missing their covers or were so decrepit they were undesirable. Still, as I reached this critical point in my collection, I still had some less vital issues to pick up, and comics like ASM #129 (first punisher), ASM #50 (first Kingpin) and ASM #28 (first Molten Man) – aka, comic books that all costs more than $50 – had all been purchased for me as gifts. So I still never found myself crossing that threshold, despite the fact that it was inevitable.
And then eventually I did with ASM #20. Of the first 50 or so issues of ASM, it was a comic I long believed to be part of the “pinnacle” of the series since it’s one of a small handful of issues to feature a first appearance of one of Spidey’s long-time supervillains, in this case it’s the Scorpion. Obviously the first appearance of guys like Doc Ock, Sandman, Lizard, Electro, Mysterio, Green Goblin and Kraven the Hunter took precedence, but following in the rear was the Scorpion. As a result, when I found myself getting closer to completing my quest, I promised myself if I ever saw a copy of one of these key first appearances in a low grade and an attractive enough cover, for a decent enough price, I would jump at that opportunity, no questions asked. In the case of ASM #20, it was the first time I crossed three digits for a comic book, which may not seem like much of milestone, but considering I had been buying these things for nearly 20 years until I finally pulled the trigger on a book worth more than $100, I think that’s saying something. As it stands, I still remain a bit gun-shy about paying more than $100 bucks on a single comic book, though when I look at my remaining issues on my list, I can’t see how I’ll go about finishing this series without doing it consistently from here on out. And forget it once I’m faced with the prospects of crossing the $1,000+ threshold for ASM #1. But for the time being, ASM #20 sits there in my collection as a reminder that barriers are meant to be broken, and every once in a while you need to “treat yo’self” to something special.
II totally sympathize with you and the great grade debate. I too am working on completing an ASM run but I am nowhere near as far along as you are…And I think the primary reason is that I try to go after higher grade books…I have from issue 69 to present in a perfect run (minus all the variants, ect), with a few lower numbered issues. If I had to give my top 3 key books, they are #39 (8.0), #50 (7.0), #129 (8.0).
Note: I splurged on #39 for pretty much the exact same reasons you wrote about in your earlier post.
But now as I am in the number range where getting a ‘common’ ASM comic book in VF condition ranges anywhere from $60 – $100 + I find myself questioning my grade requirements. Financially there is NO WAY I will ever come close to having a full run if I don’t lower my grade expectations, unless I win the lottery.
I have been following your posts for awhile and I think you are a true collector. You are not collecting them ‘for the money’ or for an ‘investment’ – You are collecting them for your own enjoyment and to preserve a sense of history. In an age of CGC and inflated prices (case in point, ASM#39 CGC is about $300, a CGC 9.4 costing about 3,500) it is sad that so many quality books are over looked. Your posts have helped me to make a difficult decision about low vs high grade collecting. Yes, for certain key books I will want to save and maybe spend a little more, but instead of hand wringing over grade and so on for common issues, I am just going to get books that are complete (no cut outs, missing pages, cover intact), books that basically look good’ and enjoy them, the way they were supposed to be (while putting them back in their protective bags and boards of course).
Thanks for your kind words and thoughtful comment. As you’ve probably gathered, the idea of owning the entire run of this historic series is worth more to me than the actual value of the individual books. I obviously have some standards, but some yellowing of interior pages, or a little bit of writing in an indistinguishable area of the cover is not going to stop me if the price is right. Sounds like your approach is evolving in a way that will ultimately help you get what you want out of this, which I think is awesome.
Look forward to more of your comments. Thanks again.
Great post! I enjoyed it!
Hi there,
I just completed my run on ASM at the end of last year (minus AF #15). The last 10 issues were pretty pricey, as I was trying to get decent copies (at least VG). Spent a little more on #1 (2 grand), but I wanted a nice copy. I was sooo happy to finish off the run. Good luck!
Wow, congrats on completing the run! How long did it take you? Say from when the lightbulb went off and you said, “yep I want to own the whole run’? Are your books all raw or a mix of graded and non-graded? Truly an impressive feat…
I started collecting ASM on a regular basis around issue# 200 or so. Over the years I picked up some of the key issues under 200 (such as 121, 122, 129) but I think it was around 2000 or 2001 (when I was finally making decent money) that I decided I wanted to fill in all of the issues between 100 and 200. I was able to find some decent runs on Ebay, which helped me fill in the gaps rather quickly. Well, once I got down to #100, I started thinking I could probably afford to get all of the issues down to #50. This took a couple of years, but I finally reached that goal around 2007. But then I decided I wanted all of the Romita Sr. issues. So over the next year I worked my way down to issue #39 (first Romita issue). I had just purchased the ASM Omnibus which reprinted issues #1-38. So I was like, hey, now I kind of “own” every issue of ASM. Well, this line of thinking only lasted a few months before I decided that if I had gone this far I might as well go all the way to #1. So from 2008 up until December of 2011 I set out picking up the first 38 issues. I picked up issues #8 down to #1 last year, literally finishing up the last week of December. I was determined to finish up the run before the end of the year. It became a daily obsession, constantly checking out Ebay trying to find the “right” issue in the “right” condition for my collection. It was kind of crazy, but it was like finally seeing the finish line in sight and being determined to get there. I bought the majority of the issues over this period of time off of Ebay (picking up a few here and there at conventions). The majority of the issues under #100 are at least in Fine condition, down to issue #20. It would have been nice to have higher grades, but I had a budget to stay within. I knew that once I got to #20 and under it was going to get pricey, but I still wanted decent copies, so most of them are at least in VG condition at the worst. I didn’t mind a few imperfections, but I didn’t want raggedy copies either. The one issue I did spend a good bit of money on was # 1, just because a) it was the first issue, and b) I wanted a nice copy. It looks like a Fine copy, but it has had some restoration done to it. But hey, I didn’t care because it looks nice and I plan on keeping it a long time. Looking back, I wish I had started out with #1 and worked my way up instead of working my way down, because prices have more or less doubled in the 10 + years since I started trying to collect them all. Oh well, live and learn I guess. But I guess the run isn’t truly complete because I still need AF #15. My goal is to own a copy within the next couple of years. Don’t know if it will happen this year since I spent so much last year, but the Heroes Con is coming up in June so we’ll see. Good luck finishing up your run, it looks like you’re pretty close. I guess I’ll try and finish up my FF run next. I’m down to issue #22, and “only” need the first 21 issues (like those issues will be cheap-not!).
I’ve bought very very very low grade back issues of ASM. I was never averse to printing missing covers on color laser printer or using tape to repair them.
True, tape does deface and reduce collector value, but I like to hold and read comics. When you’re holding a beaten-to-hell 45+ year old comic that literally cracks in your hands, packing tape along the spine makes the comic feel secure when you hold it.
I should take a picture of ASM #39 from my collection and post it here. It’s unbelievable how bad it’s condition was and my complete lamination of the cover actually improved and rescued it from the dead.