Sunday, May 13, 2012
CANIFF AUCTION REPORT
I've been tracking auctions of Milton Caniff-related items for over a year, and what I've seen are some interesting finds, trends and deals. One thing that surprised me is that the majority of Caniff auctions on Ebay (90% or so) go unbid on and unsold. Not due to lack of demand or popularity, but rather due to the seller's inflated or unrealistic expectation of what their item is worth. For example, there are seven copies of "Steve Canyon Magazine" #4 for sale right now, ranging from $3 to $35. Most go unsold. Is it because sellers don't understand what they've got or don't look into an item before they sell it? Do they say, 'Well, Caniff is famous and this is 25 years old, so...uh, $35?' When they do sell, it's for around $3-5.
Other reprints don't fare much better. The NBM/Flying Buttress reprints of "Terry & the Pirates" are very common, but don't sell frequently due to high opening prices. Those that sell average $5. The Checker "Steve Canyon" reprints sell well, and cheaply, and are likely to get cheaper now with the superior hardcover series underway from The Library of American Comics (LOCA). In an anomaly, the last Checker volume "1955", had a low print run and one copy sold for $59. The LOCA's flagship series of "Terry & the Pirates" sell frequently, usually in the $25-40 range.
collect View Master reels. And you thought your hobby was obscure?