Thursday, September 12, 2013
So You Want To Sell Your Comic Collection - Part 1
Turning stale old colored paper into bucks!
Part 2 | Part 3 | Part 4 | Part 5 | Part 6
If you are a grizzled veteran of the comic collecting wars, the first three articles dealing with assessing your collection might be of little use - but a dime against a dollar you will find at least one thing you can use in the last three parts.
The main thing to remember is that not all comic book collections are created equally - i.e. the value of the comic book collection can vary wildly according to several factors. Factors affecting the value of comic books are a) how old they are, b) whether there are any "key" books in the collection (more on that later), c) the physical condition of the books, d) the marketplace demand and e) the sheer number of the books in the collection.
So before we get into "how" to sell your collections, we need to delve into the five factors above a little - here is the due diligence you need before selling your collection.
Old Counts But It's Not Everything...
Or Nostalgia Will Never Die!
10 cent books were published from 1935 to 1962. 12 cent books were published from 1962 to 1969, 15 cent books from 1969 to 1970 (that didn't last long), etc. - you get the picture. From 1970 to 1979, comic books off the rack rose in price steadily from 15 cents to 60 cents. Note the Detective Comics #49 from 1941 at right - only a 10 cent price tag but in Near Mint Minus condition, this book is now worth $4200 according to the latest Overstreet Comic Book Price Guide! We'll talk more about condition and the Overstreet guide a little later. By the way, if you don't want to purchase a copy of the Overstreet Comic Book Price Guide you can also get a free account at ComicPriceGuide.com or ComicBookRealm.com and look up the values of books online for free! The values at ComicPriceGuide.com and ComicBookRealm.com are fairly close to the Overstreet Comic Book Price Guide.
In each of these "price" eras, there were comic books called "Giants" or "Annuals" that cost more than the common comic book of that era. For example Giants and Annuals cost 25 cents in the 1960's when regular single issue comic books were going for 12 cents. Giants and Annuals were mostly collected reprints of earlier single issues and it allowed comic book publishers to get out more product without having to come up with new material. It worked because comics that were first published in the mid-50's could be reprinted in the mid-60's and you would have a new audience of adolescents and teens that had most likely never read the originals - and the Giants and Annuals had a LOT more pages. But we digress....
Modern comic books cost anywhere from $1.00 (1990) to $2.99 to $3.99 for comics printed in the last decade or so. So a rule of thumb - a rule with significant exceptions, examples of which will be provided later - is that the older a book, the more valuable the book.
Next up in "So You Want To Sell Your Comic Book Collection - Part 2" we will cover when the "Older is Better" rule just doesn't work and delve into the physical condition of comic books as well. As usual, comments and questions are welcome and solicited