Sunday, October 30, 2011

Buying modern comic books as an investment?

I'm pretty sure you've all heard of people telling you that modern comic books are not worth anything. They all say that if you want to invest in comic books, buy high grade Silver Age comics. And I'm pretty sure you have seen tons and tons of modern comic books in bargain bins at your local comic shop. Well I'm here to tell you, stop listening to those people.
You see there is a reason why comic stores dump tons of modern comic books into their bargain bins. It's not that they're not good, although I have to say some are horrible, but thats not the point. They dump those books in there because...
1. Those are the damaged comics that they can't sell
2. The comics are overstocks, they ordered too many and need to free up space
3. The book is horribly written and/ or drawn and thus are sitting in their store for too long
4. The owner don't know what they are doing
However, these are not reasons why you should think modern comics are worthless. I can't tell you how many times a comic book was selling for only a few bucks only to have it turn out to be a huge moneymaker.
A few examples would be Walking Dead #1, Chew #1 and even though comics like Morning Glories #1 are not worth as much, keep this in mind. When Morning Glories #1 first came out it was selling for $20 on ebay. If you had bought five copies for cover price you could have made a nice tidy profit of around $70. And at one point it went up to $50, if you had five copies... well you can do the math.
Another example would be Severed which was recently published by Image. When the book first came out it was selling for $10 on the bay. It has settled down now, but if you had bought several copies for cover price, a quick flip could have made you a quick profit as well. I have rummaged through bargain bins and found stacks of books selling from $5 to $10 on the internet. But don't take my word for it, look into some of the books for yourself.
And yeah sure you can argue that its not that easy to find a comic that will be worth. But as it is with everything in life, you have to work to find out which ones. If you go around blindly buying comics, thinking you're going to retire on them you're in for a rough ride. As is the same as it goes with life.

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