Art auction house Heritage Auctions said proceeds from its sales of comics and comic art rose 32% in 2018 to a record $58.5m. It said personal attachment driven by emotion and nostalgia, particularly from collectors who had grown up reading comics in the 1960s and 1970s, had become more important factors for predicting comic art value than factors used in the rest of the art market. The market is expected to grow further this year as fans return to their childhood favourites after decades out of print. The biggest sale was for a Frank Frazetta original which sold for $1.8m.
Art auction house Heritage Auctions said proceeds from its sales of comics and comic art rose 32% in 2018 to a record $58.5m. It said personal attachment driven by emotion and nostalgia, particularly from collectors who had grown up reading comics in the 1960s and 1970s, had become more important factors for predicting comic art value than factors used in the rest of the art market. Heritage said among the market’s largest movers in 2018 were examples of comic art including original drawings. The biggest sale was for a Frank Frazetta original which sold for $1.8m.