Buy, Sell, Hold – Werewolf By Night #32

One comic is chosen to go under the scope. What is the best course? As a speculator, is it worth buying, selling or holding?
Here are the pros and cons, YOU decide.

Werewolf By Night #321975
Writer: Doug Moench
Art: Don David Perlin
Inker: Howie Perlin
Cover Art: Gil Kane & Al Milgrom

PROS: The first appearance and origin of Moon Knight – The first appearance of right-hand man ‘Frenchie’ – An extremely valuable commodity in the aftermarket. An 8.5 CGC graded recently SOLD for $930+. This is an extremely high-priced sale for a character not considered to be an A-lister. A RAW copy sold for $700+ a couple of days later (see ‘cons’) – A constant rumored to be character from every television studio to movie studio to see live action (see ‘cons’) – IF Moon Knight ever does see the light of day, with SOLID news/confirmation of a live action, this comic will be aftermarket gold – A much revered cult followed character – A Gil Kane/Al Milgrom cover – Dubbed Marvel’s “White Knight” from comic fans – A part of the West Coast Avengers team at one point –  A Bronze Age comic – Constant upward ticks over years makes this comic very desirable. InvestComics recommended this comic 12 years ago and thru-out the years since. The comic was able to be bought in certain area’s for $100 at the time we first mentioned.

UPDATE 2020: A recent CGC 7.5, a full point lower grade than initially spoken about (8.5) from this 2017 article sold for $1,299. A raw VF copy sold for $1,295. The market has accepted the Moon Knight character ever since InvestComics was touting it for years. The White Knight has since become a focal point to many collectors because of InvestComics. Disney+ has since announced a Moon Knight series. Whether it leads to bigger and better things, the show itself will determine the momentum for that. If you were a regular visitor to the InvestComics page, the Moon Knight character was spoken about for many years prior to this article. So much so, that the first appearance could have been bought for $100+ at one time. InvestComics will reissue some of these materials in covering the Moon Knight character.    

CONS: There are a total of 1873 graded copies (CGC Census). Out of those copies, 580 are graded 9.0 or higher. This is NOT including a CBCS Census (no data). NM copies are readily available out there and CBCS has not been factored in here – Rumors have been bound for a couple of years now, but have been getting particularly stronger more recently,  which means absolutely nothing – Rumors are not a stable environment for long-term investments. Markets need validity, balance and hard copy to proceed in the correct direction. If rumors continue, it will be a score for the seller. If rumors cease and or studios do not make a move (announcement), look for a possible major correction on this comic. RAW copies will take a major hit as graded books will wane away – As a non A-list Marvel character a $700 sale for a RAW copy is a bit of an aggressive stance for any speculator at this point.

What do you think? Is this comic a buy, sell or hold?

Click on the RED link(s), or the comic cover to buy/bid from All available sellers on Ebay

Here are some other Key Moon Knight comics. Click the comic to Buy/Bid from ALL available Ebay sellers

From the InvestComics Moon Knight Checklist

Werewolf By Night #33 (1975) Second appearance.
Marvel Spotlight #28 (1976) First solo book. Legendary writer Doug Moench on this book and long time penciler Don Perlin. A must for any Moon Knight collector here. Several first appearances in here.
Moon Knight #1 (1980) His first solo/self titled book. Bill Sienkiewicz art. First appearance of Bushman, Khonshu and Dr. Peter Alraune. Origin of Moon Knight  part 1. Also Sienkiewicz cover art.
Marc Spector Moon Knight #55 (1993) The first definitive Moon Knight artist. Legend Bill Sienkiewicz was amazing, but Stephen Platt took the character look to a whole new level. This is the Miller Dark Knight, the McFarlane Spidey, the Simonson Thor, etc. The first defining artist moment in Moon Knight history is right here. The second comes later. Too bad Stephen wasn’t enough at the time to save this series from its demise a short time later. The first published work of Stephen Platt.

Buy/Bid – Werewolf By Night #33
Buy/Bid – Marvel Spotlight #28
Buy/Bid – Moon Knight #1
Buy/Bid – Moon Knight #55









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