Rob Larsen over at It’s All Just Comics has a great post about comic books valued over $100,000.00
Stop by and check it out here:
Those funny books are on fire!
The Insider Guide to Comic Book Values, Buying and Selling for Collectors and Investors
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Rob Larsen over at It’s All Just Comics has a great post about comic books valued over $100,000.00
Stop by and check it out here:
Those funny books are on fire!
Unless you’ve been living under a rock you’ve seen the devastation stocks have endured over the last couple of weeks. My 401k and IRA’s are weeping!
But how are comic book prices holding up in these hard times?
Let’s look at two key issues for some clues.
First we have an issue of Amazing Spider-man #1 CGC 7.0 condition. Check out the book. It passed on September 24th at the $8,300 mark.
A copy did sell earlier in the month for $8,990, so maybe they were holding on for the big bucks. Not too shabby.
Think about it, this book would have sold for $8,300 but the seller was holding out for more.
The second book is Avengers #1 in CGC 7.0 condition.
First off, this book is moving along quite nicely due to the Avengers movie news. If you haven’t been following how comic book movies have been affecting the prices of many books, you need to get right over to the comics-movies-cash page and look at the course. There is a free “how to” course now with videos and more, so you really have no excuse not to check it out.
Let’s get back to this book. It has been a $2,000-ish book for the last couple of years. This copy of Avengers #1 sold for a whopping $4,125.87 on September 28th, up from $2,625 in June. Wow.
If you ever watch “Cramer” on CNBC he always says there is a bull market somewhere. Is it in hard collectibles like comics? We’ll see, so stay tuned…
So how are comic books doing in the down economy and on the heels of a huge stock market drop? Well, if this copy of Amazing Spider-man #1 is any indication, quite well.
This particular copy sold for over $2,000 more than the previous high price this year. It’s impressive to say the least.
Will this behavior continue? Are real assets the place to make money in this challenging economy (at least on the selling end)? We’ll see. In the meantime, the latest free special report for members tackles comic book buying for the investor plus other buying strategies.