The Hot 10 is a weekly market analysis of the most significant transactions related to established Key Issues using eBay, auction houses and other cited sources.

Clicking on the eBay link and making a purchase may result in this site earning a commission from the eBay Partner Network.

Low
$10
Mid
$30
High
$100

Key Facts

1st appearance of Rogue

1st cover appearance of Mystique

1st and only appearance of a girl named Maddy Pryor, not to be confused with Madelyne Pryor aka the Goblin Queen

Hot 10 Week 48

🏅#10 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $599 vs the average $533 (+12%)

9.6 sold for $220 vs the average $195 (+13%)

NEWSSTAND 9.4 sold for $175 vs the average $157 (+11%)

9.0 sold for $113 vs the average $99 (+14%)

8.0 sold for $75 vs the average $71 (+6%)

7.5 sold for $72 vs the average $63 (+14%)

X-Men Key Issues are expected to experience increased demand after the Fox franchise was the focus of the latest Avengers: Doomsday trailer that played ahead of Avatar: Fire and Ash

Low
$10
Mid
$30
High
$100

Key Facts

1st appearance of Lobo, an intergalactic bounty hunter

[January 2023 - Jason Momoa speculated to play Lobo in James Gunn's DC films / December 2024 - confirmed]

Hot 10 Week 48

🏅#9 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $325 vs the average $317 (+3%)

9.6 sold for $160 vs the average $149 (+7%)

4 copies outsold the average

9.4 sold for $161 vs the average $118 (+36%)

4 copies outsold the average

9.2 sold for $114 vs the average $105 (+9%)

This is the third consecutive week that Omega Men #3 ranked on the Hot 10

Key Facts

Origin of the black symbiote costume that later bonds with Eddie Brock to become Venom

2nd appearance of Spider-Woman, Julia Carpenter

Hot 10 Week 48

🏅#8 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $497 vs the average $475 (+5%)

9.6 sold for $385 vs the average $274 (+41%)

4 copies outsold the average

9.4 sold for $280 vs the average $226 (+24%)

NEWSSTAND 9.4 sold for $325 vs the average $278 (+17%)

9.2 sold for $263 vs the average $209 (+26%)

NEWSSTAND 9.2 sold for $265 vs the average $222 (+19%)

9.0 sold for $256 vs the average $187 (+37%)

NEWSSTAND 8.5 sold for $230 vs the average $179 (+28%)

8.0 sold for $184 vs the average $169 (+9%)

7.5 sold for $190 vs the average $144 (+32%)

4.0 sold for $123 vs the average $90 (+37%)

Secret Wars #8 qualified 17 times on the Hot 10 in 2025

Low
$20
Mid
$80
High
$275

Key Facts

Iconic cover art by Todd McFarlane

Hot 10 Week 48

🏅#7 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $1,317 vs the average $1,078 (+22%)

9.6 sold for $511 vs the average $503 (+2%)

4 copies outsold the average

NEWSSTAND 9.4 sold for $395 vs the average $342 (+15%)

9.2 sold for $337 vs the average $266 (+27%)

6 copies outsold the average

NEWSSTAND 9.0 sold for $315 vs the average $252 (+25%)

8.5 sold for $225 vs the average $201 (+12%)

Hulk #340 earned a spot on the Hot 10 for 15 weeks of 2025

Low
$30
Mid
$90
High
$300

Key Facts

1st appearance of the Hobgoblin, Roderick Kingsley

A complete issue includes the ‘Tattooz' giveaway insert, found between the final page and the back cover. See additional images - be aware that the insert may be there but the tattoos might still be missing

[Feb 2021 - a social media account associated with Sony seemingly teased the transformation of Ned Leeds into the Hobgoblin / June 2022 - Jacob Batalon reshared photo holding a Hobgoblin action figure which caused future movie speculation on social media / May 2023 - speculation Spider-Man 4's villain will be Hobgoblin]

Hot 10 Week 48

🏅#6 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $1,350 vs the average $1,286 (+5%)

NEWSSTAND 9.8 sold for $1,950 vs the average $1,628 (+20%)

9.6 sold for $532 vs the average $497 (+7%)

9.4 sold for $500 vs the average $384 (+30%)

9.2 sold for $360 vs the average $314 (+15%)

NEWSSTAND 7.5 sold for $255 vs the average $217 (+18%)

NEWSSTAND 7.0 sold for $200 vs the average $189 (+6%)

NEWSSTAND 6.5 sold for $200 vs the average $198 (+1%)

Low
$100
Mid
$300
High
$1.1k

Key Facts

1st appearance of Invincible

1st appearance of Omni-Man, the father of Invincible

1st appearance of Deborah Grayson, the mother of Invincible

1st appearance of Titan

1st appearance of William Clockwell, Invincible's best friend

1st appearance of David Hiles, a physics teacher

1st cameo appearance of Atom Eve

1st cameo appearance of Science Dog, on a comic cover being read by Mark

Copies ordered by retailers: 10,800

Hot 10 Week 48

🏅#5 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $4,950 vs the average $4,652 (+6%)

9.4 sold for $2,100 vs the average $1,784 (+18%)

9.0 sold for $1,481 vs the average $1,374 (+8%)

LIMITED EDITION 9.8 sold for $513 vs the average $489 (+5%)

Invincible had an undeniably stellar year for both value growth and demand

A total of 33 copies sold in 9.8, marking the highest number of individual units sold in any single year

The average price paid for Invincible #1 in 9.8 eclipsed every prior year by more than $1,000

The following reflects the average price paid for a 9.8 copy of Invincible #1 over the past 10 years

2025: $4,600

2024: $3,300

2023: $3,400

2022: $3,200

2021: $3,400

2020: $1,300

2019: $975

2018: $900

2017: $800

2016: $790

2015: $550

Collectors bought 49 copies graded 9.6, the highest quantity of units on record for an average $2,440

The highest average amount paid for a 9.6 prior to 2025 was 2022 when 9.6s sold for $1,563

Low
$20
Mid
$80
High
$240

Key Facts

Iconic cover art by Todd McFarlane

Hot 10 Week 48

🏅#4 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $1,800 vs the average $1,666 (+8%)

9.6 sold for $585 vs the average $424 (+38%)

9.4 sold for $361 vs the average $270 (+34%)

9.2 sold for $250 vs the average $243 (+3%)

SECOND PRINTING 9.8 sold for $625 vs the average $444 (+41%)

The following sales are the first to establish a data record in grade:

CANADIAN PRICE VARIANT 9.0 sold for $700 [No Previous Data]

CANADIAN PRICE VARIANT 9.0 sold for $697 [No Previous Data]

4.5 sold for $110 [No Previous Data]

New data points in lower grades, such as this week’s 4.5 sale, highlight growing demand for this Key Issue

It is also notable to see two new data points for Canadian Price Variants

The difference between the standard copy and Canadian editions is that the standard displays a $0.75 cover price along with Canadian and UK pricing, while the Canadian edition shows only a $1.00 cover price

There is a niche collecting community that actively pursues these types of variants and is willing to pay a premium - especially for Key Issues in high grade - which are increasingly difficult to find

Lower grades tend to trade closer to parity with standard copies of the same grade

For example, there are only 12 copies graded 9.0 of the Canadian Price Variant for this issue, compared to 728 copies of the standard first printing, which combines both Newsstand and Direct Market copies in that total

In total, the CGC Census reports 86 Canadian Price Variant copies of Batman #423, representing just 1.3% of the 6,399 graded copies of the first printing

Low
$200
Mid
$800
High
$2k

Key Facts

1st appearance of the Punisher

1st appearance of the Jackal

Hot 10 Week 48

🏅#3 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.2 sold for $3,150 vs the average $2,917 (+8%)

8.5 sold for $2,175 vs the average $2,030 (+7%)

7.0 sold for $1,550 vs the average $1,416 (+9%)

MARK JEWELERS INSERT 5.0 sold for $1,550 vs the average $1,525 (+2%)

4.5 sold for $1,096 vs the average $922 (+19%)

3.0 sold for $925 vs the average $739 (+25%)

2.5 sold for $750 vs the average $673 (+11%)

2.0 sold for $700 vs the average $668 (+5%)

The Punisher’s introduction was the most dominant Key Issue of 2025 with 39 appearances on the Hot 10

9.8s carried a year-long average of $16,000 across 15 recorded sales

2025 marked the strongest year for individual 9.8 transactions, with 15 copies sold - edging out 2024’s total of 14

The average sale price for a 9.8 declined by roughly $4,000 from 2024, though this is likely attributable to price correction following the secondary-market boom of 2021 - 2022

Below is the average sale price for a 9.8, with the number of copies sold shown in parentheses for each year

2025: $16,000 (15 sales)

2024: $20,000 (14 sales)

2023: $28,000 (9 sales)

2022: $37,000 (10 sales)

2021: $31,000 (6 sales)

2020: $12,000 (7 sales)

2019: $13,000 (10 sales)

2018: $13,000 (10 sales)

2017: $11,000 (9 sales)

2016: $8,000 (13 sales)

2015: $7,000 (9 sales)

While a snapshot of recent years suggests a notable decline in value, the long-term outlook tells a different story, showing approximately a 2× increase over the past decade and reinforcing the Punisher’s first appearance as a relatively consistent long-term collectible

Also of note, the spread between the highest and lowest 9.8 sale in 2025 was $6,410 ($19,800 high / $13,390 low)

In 2024, the spread widened to $14,350 ($28,750 high / $14,440 low)

In 2023, the difference was $8,200 ($31,200 high / $23,000 low)

In 2022, the gap expanded dramatically to $33,000 ($57,000 high / $24,000 low)

In 2021, the difference totaled $23,200 ($43,200 high / $20,000 low)

In 2020 and earlier, the spread generally remained within approximately $5,000 between the highest and lowest recorded sales

Years with wider spreads indicate increased market volatility and potential price manipulation, dynamics that tend to benefit unscrupulous sellers at the expense of the health of the hobby as a whole

Marvel ⋅ 1977

Low
$30
Mid
$90
High
$300

Key Facts

Issues #1 - #6 are an adaptation of 'Star Wars: A New Hope'

1st appearance of Darth Vader

1st appearance of Luke Skywalker

1st appearance of Princess Leia

1st appearance of C-3PO and R2-D2

1st appearance of Grand Moff Tarkin

1st appearance of Beru and Owen Lars

Introduction of Stormtroopers

1st cover appearance of Obi Wan Kenobi and Han Solo (not in story)

📖 Reading Order: read Star Wars (1977) #1 - #6, then Princess Leia #1

Hot 10 Week 48

🏅#2 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $3,100 vs the average $2,668 (+16%)

9.6 sold for $900 vs the average $730 (+23%)

9.4 sold for $576 vs the average $466 (+24%)

9.2 sold for $380 vs the average $378 (+1%)

9.0 sold for $375 vs the average $333 (+13%)

8.5 sold for $285 vs the average $255 (+12%)

8.0 sold for $255 vs the average $239 (+7%)

7.5 sold for $201 vs the average $194 (+4%)

7.0 sold for $200 vs the average $197 (+2%)

5.5 sold for $185 vs the average $167 (+11%)

A WHITMAN REPRINT in 3.0 sold for $155, a new record over the previous $54 high from January by +187%

2025 was a consistent year for Star Wars #1 sales, with 10 qualifying appearances on the Key Collector Comics Hot 10

2025 ranks third for the highest quantity of 9.8s sold in a single year for this issue, with 72 copies

By comparison, 78 copies in 9.8 sold in 2020, while 80 copies sold in 2015

2026 will feature multiple new Star Wars projects, led by The Mandalorian and Grogu arriving in theaters on May 22

Ahsoka season 2 will premiere on Disney+

Maul: Shadow Lord and Visions: The Ninth Jedi will both debut as animated series on Disney+

Price Trend
Low
$15
Mid
$50
High
$150

Key Facts

Premiere issue of an ongoing series in the Absolute Universe, a dimension built on Darkseid energy

Introduction of Alfred Pennyworth, an M16 agent

Introduction of Black Mask

Introduction of Waylon Jones, Killer Crock in the mainstream universe

Introduction of Martha Wayne, Commissioner Gordon, Barbara Gordon, Harvey Bullock

Introduction of Selina Kyle, Oswald Cobblepot, Edward Nygma, Harvey Dent - as children in a photograph

Introduction of Matches Malone

Introduction of Joker, first cameo appearance

Introduction of Julia Pennyworth, cameo appearance

Introduction and death of Thomas Wayne

1st team appearance of the Party Animals, led by Black Mask

Absolute Batman #1 preceded by a 16-page black and white ashcan preview

Hot 10 Week 48

🏅#1 on the Hot 10

Transactions from this week that sold for higher than the previous twelve-month average:

9.8 sold for $404 vs the average $161 (+151%)

26 copies outsold the average

The following sales all established new record high sales:

9.0 sold for $236 [$100 in Nov] +136%

BERTRAM FOIL 9.8 sold for $290 [$210 in ] +38%

TAN VARIANT 9.8 sold for $249 [$240 in Dec] +4%

DRAGOTTA VIRGIN FOIL 9.8 sold for $185 [$168 in Nov] +10%

LEE FOIL 9.8 sold for $185 [$150 in Dec] +23%

LEE NON-FOIL 9.8 sold for $160 [$150 in Dec] +7%

WES CRAIG 9.8 sold for $130 [$90 in Nov] +44%

GERADS FOIL 9.8 sold for $185 [$145 in Dec] +28%

LEE VIRGIN SKETCH 9.8 sold for $475 [$430 in Dec] +10%

LEE VIRGIN 9.8 sold for $200 [$190 in Dec] +5%

BERTRAM FOIL 9.6 sold for $158 [$145 in Nov] +9%

BERTRAM FOIL 9.4 sold for $110 [No Previous Data]

KIRKHAM VARIANT 9.4 sold for $52 [No Previous Data]

THIRD PRINTING 'AKIRA' SKETCH 9.8 sold for $190 [$185 in Dec] +3%

SIXTH PRINTING MORA FOIL 9.8 sold for $81 [$68 in Dec] +19%

The success DC has seen with Absolute Batman raises an important question about how this momentum may shape future publishing strategies at DC and across the industry

It is estimated that DC’s announced orders for Absolute Batman #15 exceeded 300,000 copies

Initial orders for Absolute Batman #1 were closer to 200,000 units

It is exceedingly rare for an issue this far into a series’ run to surpass issue #1 orders, signaling growing interest rather than attrition

These figures echo prime sales decades of The Amazing Spider-Man in the 1970s and 1980s, when circulation routinely ranged between 200,000–300,000 copies - a figure that has since declined to an estimated 60,000 copies today

Much of this long-term decline can be attributed to the gradual disappearance of the newsstand market

But things are turning around due to trendy marketing efforts and risks taken on legacy characters

When examining ICV2’s Top 10 comics sold in December, there is mostly an interesting value proposition to the collector attached to each entry:

Absolute Batman #15 – the rebooted-universe Joker takes center stage

Ultimate Endgame #1 – blind bag distribution

Batman #4 – strong sales from a flagship DC title benefiting from a new reader entry point

Absolute Wonder Woman #15 – crossover with Absolute Batman

Batman/Deadpool #1 – publisher crossover

Mark Spears Monsters #8 – blind bag distribution

Absolute Batman #14 – strong series retention fueled by sustained media coverage praising the title’s quality

Ultimate Spider-Man #23 – penultimate issue of Marvel’s rebooted universe

DC K.O. Knightfight – an anomaly in the Top 10 due to a.) being an event tie-in that does not significantly impact the main DC K.O. arc and b.) being issue #2 of a four-issue tie-in series whose first issue ended on a strong cliffhanger

TMNT #13 – blind bag distribution

We will continue tracking how the success of recent publishing experiments influences future strategies for both major and independent publishers

This is the sixth consecutive week that Absolute Batman #1 ranked in first of the Key Collector Comics Hot 10

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