The popular book "Comic Book Buying Secrets" has been taken off the market. It sold very well for $29.97 over the last few years. The book is 120 pages and provided extensive information comic collectors and dealers on buying comics for enjoyment and for investment.
But there is good news. Over the next several weeks, all the information in this book will be gradually released to the public and be shared on-line -- at no charge. The book chapters will be released as articles that you can find by going to ComicBookGoldmine.com. There's no catch. Nothing else for you to buy. It's our gift to you. Enjoy!
Saturday
Comic Books Growth Equals The Stock Market
The Metropolis Index, compiled by Manhattan-based gallery Metropolis Collectibles, tracks the value of 30 of the most coveted comic book titles. Over the last ten years, the comics index has increased about 13% on a compound annual basis -- roughly the same growth rate as the Dow. Who said old, vintage comics were not good investments?
But new titles are also growing in value, though on a far smaller scale. Top picks from the most recent Wizard magazine include: "Fantastic Four" #536 — featuring the return of the evil Dr. Doom who had been presumed dead for a number of years — and "Superman" #650.
According to Wizard, popular new titles, costing about $2.99, can double or triple in value in a matter of weeks.
But new titles are also growing in value, though on a far smaller scale. Top picks from the most recent Wizard magazine include: "Fantastic Four" #536 — featuring the return of the evil Dr. Doom who had been presumed dead for a number of years — and "Superman" #650.
According to Wizard, popular new titles, costing about $2.99, can double or triple in value in a matter of weeks.
Sunday
NY Businessman Absolutely Refuses To Sell His Action Comics #1 For $250,000.00
Peter Lutrario, a Staten Island-based businessman, has a love affair with his comic books. He is especially been passionate about Superman since he was a young child. He has bas been collecting vintage books for the last 25 years.
Reported last week in the NY Daily News as part of the story about the NY Comic Con. Lutrario said his most valuable and most-prized possession is an "Action Comics" No. 1. " There are only 50 to 100 of them in the world and this is the comic book that started the whole Superman saga."
He paid $110,000 for it four years ago. It's estimated worth today: $250,000. When asked if he would consider selling? "No," he said. "That book is the Holy Grail of my collection."
Reported last week in the NY Daily News as part of the story about the NY Comic Con. Lutrario said his most valuable and most-prized possession is an "Action Comics" No. 1. " There are only 50 to 100 of them in the world and this is the comic book that started the whole Superman saga."
He paid $110,000 for it four years ago. It's estimated worth today: $250,000. When asked if he would consider selling? "No," he said. "That book is the Holy Grail of my collection."
Superman Returns: When Will The Hype Start For Investing In Superman Comic Books?
It's already happening. The national hype is already starting for "Superman Returns," set to hit movie theaters on June 30. All you have to do is to go to any movie and you'll see it.
The flick, directed by Bryan Singer of "X-Men" fame, features Kevin Spacey as Lex Luthor and newcomer Brandon Routh in the Christopher Reeve role. Yeah, right!
However, this is good news for comic investors. I expect the same thing to happen for Superman as happened with the X-Men and Spidey flicks. I expect to short-term spike in the prices of Superman comic books...especially any comic featuring Lex Luthor...especially if he's on the cover. My advise: Grab 'em....especially if you can put a few away for a few dollars without losing your shirt and then sell 'em within a month or two after this flick comes out. This is ol' buy low, sell high philosophy at work. Works for real estate. Works for stocks. And it works for comics.
The flick, directed by Bryan Singer of "X-Men" fame, features Kevin Spacey as Lex Luthor and newcomer Brandon Routh in the Christopher Reeve role. Yeah, right!
However, this is good news for comic investors. I expect the same thing to happen for Superman as happened with the X-Men and Spidey flicks. I expect to short-term spike in the prices of Superman comic books...especially any comic featuring Lex Luthor...especially if he's on the cover. My advise: Grab 'em....especially if you can put a few away for a few dollars without losing your shirt and then sell 'em within a month or two after this flick comes out. This is ol' buy low, sell high philosophy at work. Works for real estate. Works for stocks. And it works for comics.
CGC Comics Continue To Sell Well On eBay
As I mentioned here last week, CGC comics are the way to go. Slabbing your comics can cost a chunk of change, but if you can swing the cost -- especially on Silver Age Comics -- it usually pays off. Here are just a few comic book prices reported by Scoop on Friday, March 03, 2006 from some sales on eBay that have occured in the last week...
• 1912 Chasing The Blues in fine+ condition sold for $214.50
• Amazing Spider-Man #17 CGC certified 9.0 sold for $975
• If The Devil Would Talk CGC certified 9.6 with white pages sold for $811
• Star Trek #8 CGC certified 9.4 with white pages sold for $798
• Batman #218 CGC certified 9.6 with white pages sold for $535
• March of Comics #41 CGC certified 5.0 featuring Donald Duck sold for $511
• Miracleman #15 CGC certified 9.2 sold for $57
• Journey Into Mystery #120 CGC certified 9.0 sold for $113.71
• Mask of Dr. Fu Manchu #1 CGC certified 6.5 sold for $499
• Incredible Hulk #181 CGC certified 8.5 sold for $879.99
• 1912 Chasing The Blues in fine+ condition sold for $214.50
• Amazing Spider-Man #17 CGC certified 9.0 sold for $975
• If The Devil Would Talk CGC certified 9.6 with white pages sold for $811
• Star Trek #8 CGC certified 9.4 with white pages sold for $798
• Batman #218 CGC certified 9.6 with white pages sold for $535
• March of Comics #41 CGC certified 5.0 featuring Donald Duck sold for $511
• Miracleman #15 CGC certified 9.2 sold for $57
• Journey Into Mystery #120 CGC certified 9.0 sold for $113.71
• Mask of Dr. Fu Manchu #1 CGC certified 6.5 sold for $499
• Incredible Hulk #181 CGC certified 8.5 sold for $879.99
Daredevil Battles Hitler #1 in Hake's Auction
Hake's Auction Hake's Americana is about to list a CGC 8.5 copy of Daredevil Battles Hitler #1 in their Spring Auction. This copy is among the highest graded copies that CGC has seen. The auction is scheduled to open for bidding to start on March 8, 2006. Registering to bid at Hake's is easy. You can find details on the upcoming event as well as past auctions at http://www.hakes.com.
With it's classic Golden age cover, Daredevil Battles Hitler #1 is one of the most sought after comics of all time. Many cite the cover, which incorporates a photo of Adolph Hitler, as the #1 reason that this comic is so popular hrfor its popularity among collectors. Some other comic book collectors feel that it is the origin story of Hitler that is featured inside the book. And there are still others that feel that it is the character of Daredevil who, in his amazing battle with the villainous Hitler, is what actually sells the book. Who really knows? No matter the reason, comic book collectors are always on the lookout for a good copy of this Golden Age comic and Hake's is listing one of the best of all time.
With it's classic Golden age cover, Daredevil Battles Hitler #1 is one of the most sought after comics of all time. Many cite the cover, which incorporates a photo of Adolph Hitler, as the #1 reason that this comic is so popular hrfor its popularity among collectors. Some other comic book collectors feel that it is the origin story of Hitler that is featured inside the book. And there are still others that feel that it is the character of Daredevil who, in his amazing battle with the villainous Hitler, is what actually sells the book. Who really knows? No matter the reason, comic book collectors are always on the lookout for a good copy of this Golden Age comic and Hake's is listing one of the best of all time.
Saturday
Fastest Way I Know to Turn $1000 into $10,000 on eBay
Somebody recently asked me: "If I were starting today and wanted to turn $1000 into $10,000 in 18-24 months doing nothing more than selling comics on ebay, what would I do." After thinking about this for a while, here's what I told them...
(1) I'd spend my $1000 buying up prime conditioned, mainstream titles that just about anyone anywhere on the planet would recognize, like Batman, Superman, Spider-Man or X-Men --these are the Big 4. I'd fight the urge to buy nothing else but these 4. No Flash. No other X-titles. No "hot" comics with big breasted women in tight outfits. Nope. Just the big 4.
(2) I would buy the big 4 in the best condition I could find them and then pay to have them slabbed and CGC coded.
(3) Once I did all this, these would be comics that would then sell on eBay. I'd set a reserve price -- even though most times you shouldn't. I'd do this to ensure that I was cashing these in at a profit. And frankly, provided I've done my homework this should be a piece of cake.
(4) Then, I'd repeat this process as many times as it took to get to $10K.
Now this is my opinion. But. I don't think you can go wrong investing in the Big 4...especially any issues from 1939 to 1974. Every year they go up in value. In the last 20 years alone they've gone up 10% to 18% every damn year.
That means every year your money doubles every 4 to 8 years. I don't know of any stock, mutual fund or savings account that can say this.
What would you do if you wanted to turn $1K into $10K doing nothing more than selling comics on ebay?
(1) I'd spend my $1000 buying up prime conditioned, mainstream titles that just about anyone anywhere on the planet would recognize, like Batman, Superman, Spider-Man or X-Men --these are the Big 4. I'd fight the urge to buy nothing else but these 4. No Flash. No other X-titles. No "hot" comics with big breasted women in tight outfits. Nope. Just the big 4.
(2) I would buy the big 4 in the best condition I could find them and then pay to have them slabbed and CGC coded.
(3) Once I did all this, these would be comics that would then sell on eBay. I'd set a reserve price -- even though most times you shouldn't. I'd do this to ensure that I was cashing these in at a profit. And frankly, provided I've done my homework this should be a piece of cake.
(4) Then, I'd repeat this process as many times as it took to get to $10K.
Now this is my opinion. But. I don't think you can go wrong investing in the Big 4...especially any issues from 1939 to 1974. Every year they go up in value. In the last 20 years alone they've gone up 10% to 18% every damn year.
That means every year your money doubles every 4 to 8 years. I don't know of any stock, mutual fund or savings account that can say this.
What would you do if you wanted to turn $1K into $10K doing nothing more than selling comics on ebay?
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