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Comic Books - A Solid Investment?

By December 1, 2008

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Saw this article about Rick Whitelock, a comic book investor/buisnessman who retired at the age of 40 by buying and selling comic books. The article is about how comics are still a solid investment in this time of stock prices rising and falling. Rick has been buying and selling comics for years, and knows the ins and outs of the business. If I'm not mistaken, this is the same Whitelock who is on the Overstreet board of advisers. I think this goes to show you that there is a strong reason why Whitelock has done so well - he is passionate and knowledgeable about the comic book market. Jumping into investing in comic books is tantamount to buying stocks at random, which is to say not a good idea. Be sure to do your research and not buy comics on whims or just because it is "old." If you're not careful, you could lose a lot of money.

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Comments

December 8, 2008 at 3:43 pm
(1) Michael Farnsworth says:

The idea that comic books are a solid investment stands true but buyer beware.
Not all comics are, any serious buyer or a good dealer will tell you so.
Only a small number of modern issues will stand up to the test of time.
Best investment books are not going to be cheap usless you are incredibly lucky and find someone who has a cash of vintage Marvels that have been packed away for 30 or 40 years all in Hi grade condition and the owner has no idea what their worth (every collectors dream).
I’ve been a collector for over 40 years and a dealer for about 10 years and have seen many titles come and go, what’s hot today maybe worthless in a year. I have found the best investment books are those that have already passed the test of time and condition is everything. CGC graded books for now seem to be the best investment books today, but I have allot of concerns when it comes to buying and the re-sale of these items. counterfit books are one of my biggest concern, being sealed you maybe buying an stack of paper or an old comic with a freshly printed cover on it. I would recommend that anyone considering buying one of these books that you have the book verified first by an outside source.
My second concern is scanning, as a dealer on ebay I see many top dollar books being scanned so buyers can have a close look, which is great but what’s the only thing outside of mis-handling and exposer to water to a comic book and will definitely destroy any comic, especially sensitive are vintage comics because of the paper used, is bright light and heat the two things books are exposed to with a scanner.
The full outcome of this practice we wont see for years but make my word, books that have sold for tens of thousands of dollars will be sealed packs of crumbling of brown paper years from now.
Today there is no way to see if a book has been scanned or how many times it’s been exposed to an intense light source, scanners put out any where from 1000 watts to 10,000 watts of light and can get up to a few hundred degrees in seconds.
Only time will tell, as a dealer I would tell buyers if you have the money to buy Hi-dollar books buy them from the dealer and get to know them first build a good relationship with them and you have a better chance of getting what your wanting.
stay away from ebay and online stores, there are just to many ways to get burned and trusting someone you dont know is one of the best ways I’ve found.

May 25, 2010 at 5:02 am
(2) Cheap Investors says:

Cheap Investors
good and suggestive blog.
*******************
Alyssa

July 13, 2010 at 7:18 am
(3) Gary says:

The scanning is not as big a problem as dealers who leave “Wall Books” up for months or years at a time and the books fade. Also, I have delt with ebay for 12 years and have had less problems then some “Dealers” I ordered from! Books Pre-1980 are a good investment..after that..good reading.

February 14, 2011 at 4:02 pm
(4) Mot Yrreb says:

I’ve bought books from ebay for about a year now and in 95 percent of cases I’ve got what I paid for….if I read every word of the ad closely and closely examined the photos. I believe ebay, or any other national online market, is necessary to keeping comic book prices sane. This CGC madness of selling new 9.8 books for hundreds of dollars has got to stop. Of course it’s a 9.8, it’s brand new. Thank God, Wizard magazine is out of business. If you invest, do so only with books printed before 1980 and then only in Fine or better condition. VERY few books printed after 1980 are worth more than the paper they are printed on; particularly long term. May be hot for a while then?… they are NOT.

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