Tuesday, February 23, 2010

Are Comic Books Replacing Stocks?

What is it about comic books these days? First, a rare example of the Detective Comics No. 27 comic book from 1939 with the first appearance of Batman goes to auction, and currently has a bid price of $425,000. (This auction isn't over with, so you still have a chance to buy.)

Then just yesterday, an Action Comics #1 comic, the first comic book in which Superman appeared, sold for $1,000,000. The cover of the comic shows Superman lifting up a car. Supposedly, a couple other Action Comics #1 comics have sold for $300k to $400k during the last year. That's a pretty large percentage increase.

Are people taking their money out of the stock market and buying 'graphic novels'?

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