There’s no doubt that recent news about certain silver age key issue comics breaking sales records and going for six figures has caught the attention of the public and many investors. The question of “Are comic books good investments” have been asked many of times by new speculators in comic investing.
However, the truth is that those comic books that have sold for ridiculous prices are what’s called “Pedigree Comics” in the comic book industry. That means that they are the highest graded books of a certain issue. Silver age comics are rare as opposed to bronze age comics or modern age comics. However, those at NM or a high near mint are extremely rare.
The truth is that these books are extremely hard to come by. A few lucky collectors during the 70s and, perhaps, 80s paid top dollar for these books at the time, stored them safely, and then later had them graded by CGC. They had the foresight to see a comic’s potential value decades earlier.
But what about now?
It’s true that the demand for silver age comic books are high right now. Certain silver age key issues are selling extremely strong in all grades. It’s true that most right now are gunning for the high grade books. As life teaches us, everything that comes up must come down.
No, I”m not talking about the value of silver age comics dropping. I’m talking about the market’s current demand for high grade silver age books flattening out. The normal, average collector, cannot afford $100,000 for a single comic book. That’s the cost of two homes in certain parts of the country. Ridiculous!
What I foresee happening with comic investing, and many experts agree with me, is an increased interest and demand for lower grade silver era comics. Grades at VG and even mid grade comics will start to pick up dramatically, because the higher grades are way too expensive.
If you think about it, many collectors started looking towards silver age comics as comic investments when high grade golden age comics became too expensive. Now, even though silver key issues are still in demand, many average collectors and comic investors are buying lower grades of both silver and golden age books.
This trend will continue and increase in the coming years. Lower grade books as long term comic investments is a wise choice, as comic book movies are rapidly pushing demand for these silver age key issues.