MoneyMagpie

Nov 09

Make money collecting comics

Collecting comics isn’t just for kids – famous adult collectors include Nicolas Cage, Samuel L Jackson and Jonathan Ross.

In fact it’s so serious there is such a thing as The Certified Guaranty Company which grades comics according to their importance. This worldwide system is a reliable measure of quality and ensures traders get the right price.  Publications are graded from 1–10, with even the slightest blemish resulting in a sub-10 grading and older comics rated 10 are extremely rare.

 

How do I know if a comic book’s valuable?

Generally, the older the item, the rarer it is and hence more valuable.

For example, a 30 July 1938 first edition of The Beano (only 12 known copies remaining) sold for £12,100 in March 2004. The world’s most valuable comic is Action Comics #1 (June 1938), a copy of which sold for £1.4 million in November 2011.collecting comics

The older the item, the fewer are likely to have survived. Also, in comics, many central characters would have been introduced in early editions, making them even more valuable.

For Example

The very first issue of The Fantastic Four was published in 1961, introducing the key characters Mister Fantastic, Human Torch, Invisible Girl and The Thing. In a May 2011 auction, The Fantastic Four #1 (November 1961) fetched £180,000.

Equally Detective Comics 27 (May 1939) is valued at $2.57 million because it introduces Batman.

Print runs are another factor. Print runs are batches of copies printed of a certain title, and thus we get first editions, second editions, reprints or reissues. Black Panther #23 (October 2000) is a fairly new modern comic, but due to its low print run, it is extremely hard to find. This means its value is much higher than a comic that has had thousands of issues printed.

You’d be surprised what sells, so don’t just chuck something out in your spring cleaning just because you think it’s rubbish.

Misprints, recalled editions, promotional issues and special features are usually rare, and so are higher in value.

 

Storing comics

Comics need to be stored carefully in order to hold their value. Like most collectibles, the better the condition they are in, the morecollecting comics you can get for them. If you’re looking to keep your books in top condition, you should make sure your hands are always clean and dry when handling them or even wear gloves. Heat, moisture and sunlight can all be damaging.

Some collectors don’t store comics in cardboard boxes as they are a source of acid which can react with the paper and eventually destroy it.  Use plastic bags to keep comics clean and safe, with a backing board to reduce stress on the spine and wear and tear on corners.  Avoid cardboard and use special non-acidic backing boards.

 

Our top tip for buying to sell in the future

Snap up limited runs or special editions

Anything that’s likely to become rare in the future will make you more cash – it’s a no-brainer. But a word of warning: with mass production of comics nowadays, a ‘limited run’, ‘special edition’ or ‘extra features’ means pretty much nothing. Manufacturers are seeking to maximise profits NOW, which means selling as many copies as they can.

Be that as it may, it’s a good bet to get your hands on first editions, limited runs or ‘specials’, just on the off-chance. Reprints or re-issues have value of their own, and second issues of comic books are often harder to find than first editions. This is because many people will buy the first edition of a new comic but not everyone will remain interested, so less #2s are sold.

 

How much can I make?

collecting comicsA tatty, well-thumbed comic will earn you just a few pounds, even if it’s very old, but you could make £300-500 for special editions or job lots.

A wander round large car boot sales and events like the London Super Comic Convention is useful when buying.  If you’re looking to sell then a comic book shop is probably not ideal as they have to make a profit so won’t be able to offer you the best price. Auction houses sell only the rarest comics so an online auction or collectors’ site will give you a good audience and attract serious bidders.

When selling comic books, Atomic Avenue lets you list your comics for free (they only take a small commission when you actually make a sale). To list on Atomic Avenue you do need a piece of software called ComicBase. It’s free to download and makes the whole process much easier. If this is a bit intimidating then ComicLink offers auction and direct sales services as well; no downloads necessary.

Check out sites like Valley Comics, Megacity Comics and Incognit Comics and see what they’ll offer you.

 

Case study: Lee Scott

Lee has been collecting comics for 27 years and has amassed a collection of around 13,000 books. His collection is growing at a rate of about 90 comics per month and he warns of the dangers of getting hooked: “You’ll need a house with an extra room just for your comics.”

Lee says you should be wary of the grading system for comics: “You can grade something at 9.8 out of 10 and say this is ‘worth’ £100 despite a cover price of £2.25, but that doesn’t mean anyone actually wants to buy it!”

Lee’s advice to anyone thinking about starting a collection is: “Don’t just hit your local shop and start buying shiny things and #1 issues – they often don’t have much value, despite having ‘collector’s item’ on the cover and you are not going to sell them for £1,000 in six months or sixty years.” He also says that the market tends to be flooded by #1 issues, with far less #2s and #3s in circulation, so try to get your hands on these.

Although Lee has no intention of selling his collection (“once it is bagged and boxed it is here to stay!”) he estimates that if he sold each book separately online some would be worth upwards of £30 an issue – 15 times their original cost.  

 

Case study: Simon Hall

Simon has been collecting comics for more than 30 years and now has around 500 – but while he loves reading them, he’s also made money selling them on eBay.

Simon’s best sale was £120 for a complete set of the popular Preacher comics, although he recommends you focus on rare individual issues for making serious money.

Before the mid-1970s, there were no dedicated comic shops, so any books printed before then “had their time on the stands and then were gone” as Simon puts it. Plus, a comic wasn’t seen as something worth keeping because “there was no thought to its worth or value” at the time. Simon highly recommends comics from before this period.

While you might think you should aim purely for #1 issues, Simon reckons it may be worth your while concentrating on #2s and #3s as “the number of readers levels off following the launch of a new title.” This means fewer of these were bought and kept, making them very rare.

Simon buys most of his books through OK Comics, an independent retailer with knowledgeable and passionate staff. He does his selling on eBay.

Top dollar: 1938 Action Comics #1 (£1.4 million November 2011)

Don’t bother: 1972 Beano #1583 (£5.99 February 2012)

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One thought on “Make money collecting comics

  1. Though I haven’t sold comics as such, I’ve sold old annuals, like Blue Jeans, Jackie and Mandy for a really good profit. worth having a look in your folks loft and seeing if they held on to any old books – it could be cash in the attic right enough! Really into making cash from items lying around the house at the moment and here are some of the ways I found: wp.me/p2rfwK-q1




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