The collapse of the pound sterling against the US dollar as a result of Great Britain’s referendum result to leave the European Union, has today had its effect on the price of comic books.
Diamond Comic Distributors has informed comic book stores that prices have increased as a result of changes in exchange rates, the first time they have done this in eight years.
There are, naturally, increased costs associated with shipping and selling US comic books on the same day – hours earlier indeed – than in the USA.Currently, a $4.99 comic book sells in British comic books stores for around £3.60 to £3.75.
But Diamond’s recommended price for this comic is about to be £4.50. That’s an increase in the price of an American comic of up to 25%.
In comparison the ComiXology.co.uk price, yet to be changed, is at £2.99 for a $4.99 comic book. It is likely that this price will change soon but as it stands that’s also a massive disparity between print and digital costs.
The new print comics prices will come into effect Monday 18th July for new orders and noon this Friday for reorders.
Basically, anything from America that British retailers want to order, you have a few days before the prices rocket. It is expected that Diamond UK are about to be very, very busy.
This may also not be the only price change, as it is expected that sterling will slip further.
The cost of British titles, such as 2000AD, is currently unaffected.
Art by Dave Taylor from 2000AD. Thanks to Kris for duplicate info fix.