Why Invest In Comics? A True Story About Comic Investing!
If you've read many of the my other articles, lenses, blog posts, and hubpages, you'll know that I'm a huge supporter of investing in comics and why I invest in comics. Now don't get me wrong here. I didn't say collect comic books. I mean invest in comics, and there is a difference, believe it or not.
However, for those of don't know much about comic books and how they can be quite profitable, I'm going to give you a true story about someone I know personally who is worth quite a lot of money just from his comic collection alone. If you don't believe just how valuable this market can be in terms of long term investments, I hope this lens here opens your eyes.
So let's get cracking here. Here's two true stories about comic investing, and both are personal. One is my very first lesson in investing in comics and the other story is about someone I know.
Amazing Spider-Man #300 - My Very First Lesson About Why Invest In Comics
Now if you don't know already, I started collecting comic books when I was a kid during the mid-80s. Well, during that time there was one artist and character that had come out but hadn't quite taken off just yet. Can you guess by the title above who that artist and character was?
Yep, that artist was Todd McFarlane, and the character was Venom, who made his first full debut in Amazing Spider-Man Vol 1 #300. I remember seeing this book in one of those long boxes at the old comic shop I use to frequent (now closed) for only a buck. That's right a dollar! I got it, and once I read it, I loved McFarlane's artwork tremendously. I got every McFarlane issue during his Spider-Man run for 75 cents to a dollar.
Remember how I was saying there's a difference between comic investing and comic collecting? Well, there's my prime example. If I was knowledgeable about comic investing back then, I would've gotten all the Amazing Spider-Man #300 issues at that comic shop. Unfortunately, I didn't know then what I know now.
I was just a dumb kid, and who really would've knew that issue would take off like it has? That's speculating, and I tend to stay away from the speculating aspects of comic book investing. Although speculation has a little bit to do with investing in comics, there are ways to dramatically lessen risks with investing in comics. Yep, now there are better guidelines to gauge a comic book's demand and potential to rise in value.
Anyway, back to Amazing Spider-Man #300. Right now that book in a low 9.2 NM (Near Mint) is worth $150.00! That's not even the highest grade of the book. If it were around CGC 9.8 it would be worth close to a grand.
Okay, don't get me wrong here. Amazing Spider-Man #300 is from the copper age of comics, and I usually stay away from more modern books. There are a few exceptions, however, like this example I'm giving you. Visit the link to learn more about why I think modern age comic books are bad comic book investments.
Avengers #1 CGC 9.6
The above story was my personal introduction into the world of comic investing, but this story is about someone I personally know. After a long hiatus from comic book collecting, I started going to this other comic shop close to where I live. I got to know the owner pretty well.
It turns out that this guy had one of the highest graded silver age Avengers #1 Vol 1 in existence. He later revealed to me that he had sold it a while back for $30,000 due to unfortunate circumstances. I was flabbergasted! Thirty-grand? Holy moly. He had bought that particular issue at the Wondercon during the late 70s for top price during those days, and it was unslabbed. That means it wasn't CGC graded.
I have no doubt he probably got the book for a couple hundred back in the day. Maybe five hundred tops. Do you think that was a wise investment? Hell, yeah it was, but this wasn't the only gold mine he had in silver age comics.
This comic shop owner also showed me an X-Men #1 he had that was graded CGC 9.6 or 9.4. I forgot, but I do remember him saying it was the second highest graded X-Men #1 in existence. Once again, he had bought the book unslabbed a while back, and got it graded when CGC and third party grading companies started taking off. His X-Men #1 is probably worth around $60,000 to a hundred grand tops.
Now, that doesn't even take the cake with this guy. He also has three sets of Amazing Spider-Man complete runs of #1-100, as well as three sets of X-Men 1-100. All from the very first series, and all high demand silver age comics. On top of that he has mostly every key Marvel issue, including Thor's first appearance in Journey Into Mystery #83. This guy had been collecting for years, and making wise comic book investment choices.
He is probably now worth more than a million dollars alone from his comic book collection. I wouldn't doubt it if it were more. This is the guy who really turned me onto comic investing as well as teaching me a lot about it.
I haven't looked back since, and I continue to learn all I can about this particular niche long-term investment market. Has it been well worth it? Absolutely. I've made quite a bit of profits from comic books alone.
Why Invest in Comics Conclusion
So I've given you two personal stories that I know about in terms of why invest in comics. As you can see, comic investing can be quite profitable for investment purposes. However, like I also mentioned, it can only be a good investment choice if you know what you're doing. Comic investing is a lot more complicated than simply collecting comic books.
You have to know which comics to look out for and why, as well as figure out the demand and whether the demand will be strong enough to raise the value of a certain comic. You also need to know when to pick up certain comic books before the demand gets to high as well as the value for certain comics.
Serious about learning how to invest in comics? Be sure to check out the other informative links I have here, as well as my blog Total Comic Mayhem for everything comic book related!
More Informative Articles About Comic Investing
Be sure to check out these other informative links about comic investing and how to invest in comics!
- Is It Worth Getting Comic Books Graded At CGC or PGX?
Is it worth getting comic books grade at CGC or PGX? Read this article to learn why and exactly which comic books are worth getting professionally graded. You could be losing out on tons of profit
- Silver Age Comic Books As A Long Term Investment! More About Comic Investing!
Is the silver age of comic books the new gold rush? If you're not buying silver age comics, could you be losing out on great investment comic books? Read my article to find out the truth about silver age comics and why or why not you should be invest