Why Invest In Comic Books?
The act of buying comic books as an investment is a relatively new thing to the comic book world. At first, comics were read, used, and tossed or shared among friends. Few were stored properly and survived today.As comic books gained in popularity and the people who owned them got older, value began to be placed on comics. With the release of comic book characters into pop culture through movies and television however, there was a marked rise in the value of those classic comic books. Over time, some of those comic books, especially origin issues, can be worth hundreds of thousands of dollars, such as Action Comics #1 worth about half a million dollars.
Today, with companies like the Comics Guaranty Company and Ebay, even current comics are worth a considerable amount of money. Take an ebay auction where an Ultimate Spider-Man #29 went for $600. That’s 200 times the cover price. Or an All-Star Batman #1 that went for $345 only months after comic out.
This puts the everyday reader of comic books in an interesting situation. Comics as an investment? Comic books are rapidly beginning to look like the stock market. With websites like the Lyria Comic Exchange modeled after just such a system.
All this information is great, but you first have to ask some questions about your collecting style. (Coming Soon!)
