Have you priced your comic book portfolio recently?
According to StartUpJournal.com, they may be worth more than you think.
To raise $50,000 to help start his San Francisco law firm, Scott Bonagofsky parted with some of his most valuable possessions: early issues of “The Amazing Spider-Man” and “Fantastic Four” comic books. “It was better than I did in the stock market over the last five years,” he says.
Prices of comic books are going up, up … and away! A near-perfect “Action Comics” No. 1, the book that launched Superman, lists for $485,000, up from $200,000 five years ago. Heritage Galleries & Auctioneers in Dallas sold a “Marvel Comics” No. 1 — the debut of the Human Torch character — for $172,500, an auction record. Since moving into the segment in 2001, Heritage has seen comic books rise to account for $15 million in annual sales.
No comments yet.