As reported in CBR and Geek Tyrant, it appears as though a second season of She-Hulk has been confirmed. Season one debuted just over a year ago; let's take a look at a She-Hulk major key and how the news might affect it.
The first season of She-Hulk generated controversy, especially because of its poor CGI in several episodes. The show wasn't perfect, but there are some obvious areas where Marvel could improve in the second season. With the market having forgotten about She-Hulk, is it a good time to buy any of her key issues before season two arrives?
Savage She-Hulk #1 has lost about 73% of its value since it reached its all-time high sale in December 2021.
When you review this issue's sales data over time in its most common grade on the CGC Census (a 9.6), it's clear this book has taken a massive beating ever since the end of the "comic boom."
As you can see in the screenshot above, after reaching an all-time high of $633.90 in June 2021, about a year before the debut of the Disney+ show, the value of a 9.6 has absolutely plummeted. Today, according to GoCollect, the FMV of a 9.6 today is $230. The last sale occurred for a 9.6 occurred on August 25th for a mere $170.
Purchasing it for that amount is like going back in time five years and buying it in August of 2018 before the show had even been announced.
From 2013 to 2018, Savage She-Hulk #1 produced an annual ROI of roughly 18%.
In addition, if you look at long-term ROI for this issue, it's actually done very well. For instance, back in early 2013, a 9.6 sold for around $50. Five years later, in early 2018, a 9.6 sold for around $115. That's roughly an 18% annual return on this issue which would easily beat the average annual return of the S&P500.
If we apply that 18% return over a ten-year period beginning in 2013, a 9.6 should be worth around $260 in 2023. While this is still way off its all-time high in 2021, it's still $90 higher than the last sale of a 9.6 that happened on eBay. Of course, no one can predict the ups and downs of the market, but the available sales data seems to suggest that this book has overcorrected. As long as you're willing to hold onto this book over the long term (at least five to ten years), then you may be getting a pretty good deal if you purchase this book for $230 or less.
When thinking about value over the long term, it's also important to remember the longstanding cultural impact She-Hulk has had on popular culture. She is the first superhero to break the fourth wall (yes, before Deadpool). She has made numerous "Top 100 and "Top 200" lists including Wizard's 2011 Top "200 Comic Book Characters" list (104th) and Comic Book Resources' 2016 "Top 100 Marvel Characters" list (18th).
Would you purchase a Savage She-Hulk #1 at current price points? Is it a good investment over the long term? Please let our community know your opinions in the comments section below!
*Any perceived investment advice is that of the freelance blogger and does not represent advice on behalf of GoCollect.