Pillars of Comic Book Speculation
October 26, 2020
Some people read comic books for enjoyment, while collectors take these image-laden stories a little more seriously.
Comic book collectors view graphic novels as works of art to be preserved and admired. They know which comic books sold for the most money – Action Comics #1 – and which is part of the most limited run – New Adventure Comics #26, which sold only nine copies.
Much like their cousin collectors, bibliophiles (books), and numismatists (coins), comic book collectors appreciate several different aspects of their collections; some collect them for the art, for the book’s notoriety, or the money. Presented with the right opportunity, they will pay a hefty sum.
If your enjoyment of comic books has gone a little further than merely reading them, and you’d like to start collecting them as well, some basic tenets will help guide you in the world of comic book speculation.
Don’t Stray From Your Budget
If you’re thinking about going into the speculation game, you need to set a budget first. You should have a fund set apart from your regular household and lifestyle bills. Try and set a limit, and do not exceed it for any reason.
In the heat of an auction, it may be hard to stick to this rule, but it will be rewarding in the long run. Some collectors fund their buying habits by selling their older comic books to buy new ones. This helps you understand the actual value of what you’re getting and will keep your inventory low.
If You Do Your Homework, It Will Pay Off
One way to stick to a budget is to know what you want when you’re going into buying-mode. To understand what you want, you need to do your research. Look into resources that provide you with details about fair market value and collectibility.
You never know what you’re going to find in dollar bins and discounted comic book piles. If you know what you’re looking for, it makes it a lot easier to spot a great deal.
You Don’t Need Every Comic in Your Collection
The most crucial tenet in comic book speculation is that you don’t need every single comic book in your collection.
Many collectors focus on individual authors, artists, or presses. Others look for particular issues with excellent resale value or a graphic novel that will make a great centerpiece to their entire collection.
Time it Right
In comic book speculation, timing is everything. Instead of making a snap decision without much forethought amid bidding, target your funds toward specific issues just as they become available. Often this may mean the difference between a sale and a pass.
Biding your time until a favorable buying opportunity presents itself is essential. You’re trying to make it easier for yourself, not the seller.
Look for Books with Potential
Along with bagging those long-sought-after issues, keep an eye out for books that you think could have potential in the long run. If you’ve found a book that is ahead of its time, don’t be afraid to snap it up.
A savvy speculator takes chances while always remaining within their budget. Finding an out-of-favor comic book currently in a lull presents some of the industry’s best business opportunities.
It is all about timing; like most apex predators, you must know what you’re looking for and wait for the perfect moment in which to pounce.
The Final Word
Collecting comic books is an exciting and rewarding pastime that can also be a business. No matter if you enjoy the skill and artistry or the resale value of your current conquest, finding that perfect issue is an exciting and meaningful event.
If you’ve also been considering creating your own comic book, Comix Well Spring can lead you through the creation process, from idea inception to a printed copy.