In the summer of 2001, a random seller posted a few bagged 1983 G.I. Joe figures who were packed with redback filecards. They had a small stock of them. They were offered at $5 and bought out instantly. I managed to get a Clutch and Hawk, but missed out on the Grand Slam. The seller said they had more. But, due to the quick sell out, decided to do more research on the value of the items. Within a few weeks, some additional bagged figures appeared. They were higher priced, though still offered for sums that seem ridiculously cheap these days. Some collectors bought a few. But, mostly they sat around as the collecting world wasn't really interested in them.
Over the years, the supply of the figures never really dried up. You could always find them. But, there were never enough to really drop prices too far. For a very long time, you could get the bagged versions for about the same price as a loose, mint and complete figure of the same character. Grand Slam was usually higher priced, though, as he included the filecard from the Silver Pads Grand Slam. And, in those early days, many collectors didn't make a distinction between the redback versions of filecards or those cut from a box.
The reason for this is that a ton of overstock of these figures have been found. You'll even see a "barn" find where entire cases of the figures were discovered and put into the collecting community. During the years close to the finds, the figures would get cheap. Now, they have gotten more expensive. While there are plenty of them out there, they are still more scarce than standard loose figures. And, many collectors in the early days simply opened the bags up because it was a cheaper option to get high quality vehicle drivers.
The most interesting aspect of the figures is that you get a red Grand Slam with a Silver Pads Grand Slam filecard. The photo for the Silver Pads figure was all new and created as a JUMP exclusive when the figure was added in 1983. So, it's not like they destroyed the original artwork. So, the appearance of the Silver Pads art is weird. But, it's likely that Hasbro had it more ready to go since it was newer. As collectability goes, this filecard is the most noteworthy just because it has the juxtaposition of figure and artwork.
The reality is that these three figures are not rare. There are tons of them out there due to the various finds over the years. People still pay premiums for them. But, usually, the prices for these three figures remain far below bagged samples of other 1983 mail away and catalog figures. So, at least there's no inequity there. Once upon a time, it was easier and about the same price to simply buy one of these bagged figures and open it to get a mint and complete with filecard figure of the three included in the set. That's no longer the case.
Doggone, wish I'd gotten in on those 20 years ago
ReplyDeleteI love getting to see the original vintage shipping cases. A rare sight.
ReplyDeleteAgreed ^
ReplyDeleteI really wished I had been collecting ARAH in 2001. I started college that year and was more into Star Wars and Marvel, etc. Just checked. Someone is selling Grand Slam on evil bay for $329 today. At that price, that shipping case would be worth $64,000 now.
ReplyDelete