New York Comic Con 2019: Are comic books a good investment
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- Опубликовано: 3 окт 2019
- Yahoo Finance Reporter Reggie Wade was at New York Comic Con 2019, where he caught up with two comic dealers - Dan Gallo and Vincent Zurzolo - to learn about the billion-dollar comic book industry.
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They are great investment for the right person. I bought several comic book for .25 cents back in the days. Today they are worth hundreds of dollars. They outperformed the stock market, gold and any other blue chip company stocks.
Perhaps, but its a small market of comic book collectors thatll buy them from you. Even sports cards, or action figures, same deal.
Like any Collectible, and even stocks, comics are worth it if you have the right issues and sell at the right time. You also have to be realistic. I sold my copy of Forever People #1 back when the first Wonder Woman movie came out and it was 'rumored' Darkseid was to cameo (which he didn't because DC/Warner never learn). I originally bought the comic for $20 three years previous and then sold for $110. A 500%+ return. I'm happy with that! Too many collectors expect thousands of dollars for modern age books because of a movie. Any type of investment takes research, realism, some luck and patience. If you sell a book you bought at cover price for $20-$50, take that as a win and move on.
I started seriously collecting back in 2015. Id say I have invested about 80-100k give or take into comics. My collection is currently worth well over 150k so thats a substantial rate of return. If you put in the effort and educate yourself and keep up to date on trends, you can definitely make a ton of money. 1 key book I bought in early 2016 for 2k is now worth over 10k.
What book was it?
@@thecoyote2226 It was an Amazing Spider-man #4 CGC 8.0. I had it pressed and regraded and it came back a 9.0.
Darren well done! So you just resend it to cgc to press and regrade?
Darren ASM # 4 spiked from 2016 to 2020 ?
How did the first app. of Sandman spiked without any current presence of him ? 🤔
sell the books and then i’ll believe you’ve done well.
Fast forward two years and all of these comics have doubled or tripled in price.
I did my undergraduate research on the profitability of Magic: The Gathering trading cards as an investment mechanism. Love collectibles!
My friend, Liz, married, Richard Garfield, who invented Magic:The Gathering. He's always been looking for the follow-up to that game but nothing has come close.
The time to invest in comics was the 70s and 80s. In 1986 xmen 94 was worth $120. That was a lot of money for a 14 yr old back then but I’m kicking myself for not trying harder to buy it
Comics still hold value u gotta watch the market
My brother bought a house in Everett Wa, when tearing down some wood shelves attatched to wall, on top shelf was a spider man comic. It was the first issue and after finding out.... Sent it in to be graded, came back a grade 2 out of 10. Still worth thousands... Before sending for grading he had actually put comic into toy box and only later on thought it might actually be old.... Worst part is instead of being displayed, it sits in his father n laws safe!!!! What a waste.
He should get it pressed and regraded
#1- If youre buying comics, buy what ya like......
#2- If your gonna spend bigger money educate yourself, and buy keys,....
#3-any investment can crash: stocks, comics, cards, art, cars, etc.,....so know that going in.
#4-why do people buy art form the 1400s? the 1880s? for the same reason that people will still buy finer key , select comics from the 40s-60s-and some 70s many years from now, fine art, quality work and more often than not supply doesnt outpace demand
#5-lastly, see rule #1 again !
The answer is no
No. Anything printed after 1985
Will never buy you a car. With few exceptions
But that first appearance of Deadpool , it may go for a couple hundred , but there are too many copies around to ever go 6 figures
Some cranky old guy advice re: factors that would-be investors in comics need to consider:
Printed comics have very little inherent value. They're an entertainment item, and many of the highly valued comics have been reprinted in multiple forms -- meaning that they're available cheap to the people who simply want to be entertained, and the primary "value" of an original copy lies in the fact that it's original rather than a reprint. Thus, there's nothing holding up the price of an original copy of Amazing Fantasy 15 apart from collector demand. True, it'll probably never drop down to $5, but it could very well drop by half if the market goes soft.
The prices for collectable comics are sky-high these days, so the most reliable way to make money from comics is to purchase them at prices far below their current fair market value -- typically, this means finding a seller who's ignorant of their worth or finding a highly motivated seller who'll offer fantastic deals. Both of these options are possible, neither are common, and either will require you to invest time searching.
Building on the previous point, it takes time to become a savvy buyer. You have to educate yourself about collectable comics, spend time deciding what to focus on purchasing, searching for bargains, making deals and so forth. Unless you enjoy these activities for their own sake, the hours you devote to your purchasing endeavors need to be considered an expense because you might have otherwise devoted those hours to paid employment.
Just because a comic or a collection is "worth" X amount of dollars means little until someone actually pays you that amount. It takes time to become a savvy seller, and it takes additional time (and probably some financial expense) to offer comics for sale and make a transaction. To obtain high prices you'll probably need to sell to fellow collectors, not to dealers. The more comics you own, the more time and expense you'll probably have to devote to sales efforts to obtain good prices -- meaning that in the big picture, you'll probably obtain a lot less money from selling 1,000 comics worth $10 each than you would by selling one comic worth $10,000, because your time and sales expenses on 1,000 comics will be much higher. Sure, there are dealers who'll offer to purchase an entire collection in one fell swoop, but it's very unlikely you'll obtain anywhere near the fair market value on any single issue, because the dealer needs to consider his/her expenses and profit margin when making you an offer. It's not unusual for dealers to offer 10% to 20% of their planned selling price, especially for comics that have only modest value.
Comic collecting has been a popular hobby since the late 1960s/early 1970s, and consequently a higher percentage the comics published since that time have been retained and carefully stored, compared with comics from the early 1960s and before. Therefore, the number of high-grade copies of comics from the late '60s/early '70s is higher, compared with earlier eras.
I think the best options for investment are high-grade copies of key issues from about 1965 on back, and original comic art that was created prior to 1980. Original art is a one-of-a-kind item (unlike published comics) and today there still seems to be room for big price increases. But, of course, original art is expensive, and the pieces with good investment potential may be completely out of reach of the average would-be investor.
Just my 2 cents.
For me it's just about enjoying them. It's neat to have an issue worth something from time to time but it likely isn't going to flip the world. It's like any other hobby - whatever pulls the trigger.
Those who are starting out...do your research first . You got to know the market, check your comic guide less( if only for reference), be aware of trends and avoid anything over 1980...unless it is a super key and you are getting it for a nearly gift price. Buying key comics at current market price is not sound investment.
😱I saw "Yahoo" and almost didn't watch it 😂 Actually a good quick video... I've bought books from Metropolis and other shops, but if you have collector friends, they are usually the best source of books and advice. I'm in real estate investment, but like any investment Comics have risks/rewards... I do prefer comics over real estate 😁 From all the Hobbies I ever had... toys, cars, statues, boats, etc... 😱 Comics is the one that held/increased in value the most 👍
Yet, I'd have been happy with my comics EVEN if didn't go up in value a $1. Just have fun too, and collect what you enjoy... modern, silve age, golden age, etc... and you'll get return in investment and happiness 👍
It's a yes and no answer. It's all supply and demand. If somebody wants it and there is only a few in existence then the value is high. But if there is a lot of them and the demand is high then it's not going to worth much since there is too much supply. Then the final case where nobody wants it when no matter it being a lot or little in circulation it's worthless. Like anything it's only going keep it's worth if someone wants it.
2:46 It´s the Human Spider
Guy who says he can sell a comic in 5 seconds......unless his price is like 10 times below market or he has something pretty rare...then no chance at all
Are 1980s comics worth anything?
Some are, but you have to research. Indie comics like TMNT, Flaming Carot, Megaton Explosion (youngblood, savage dragon) plus the Whitman variants debut in the 80s. If you look beyond Marvel and DC, you can find some gems
Depends..if super keys yes
I would say so. My house is paid off.
Non of this makes any sense. See how the industry has been for the past year and tel me how recession proof it is. Also, comics as an investment... not the brightest idea
So I keep seeing, buy what you like...Hmmm. So if you really don`t like let`s say the Hulk and you can get a good deal on a key Hulk book. You would turn it down?? Ridiculous statement. I don`t like some characters doesn`t mean I can`t see the investment value. Buy what you like, but also use your noodle. Guess If you really are buying books just to read then maybe. But this article pertains to investing. Heck i have no interest in toys doesn`t mean I don`t have any and haven`t made money doing it.
Modern-day Comics aren't going to be worth anything especially how bad the storytelling is with the sjw stories. Golden age is where the money's at it's Where it All Began.
greywolf7583 Go Read some Donny Cates and Garth Ennis ;)
Plz dont make these videos I dont want another comic crash
Comics..hahaha They don't tell you how many comic stores have closed down. Your business relies on buying it from Old people's attics and suckers ...and then turning over for like 10 times the profit. Problem is , there are fewer of them and the people who collect to invest have grown considerably, making the market difficult .Should invest in a comic book...there is so much to say here but unless you can buy it today for 6 times less its value and sell it right away for a great profit, then yes.But the more expensive valued your comic is, the less people will buy.