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Yeah I saw that is an ugly day for the stock market for -- to an alternative investing idea.
-- portfolio comic books but top metropolis collectibles co owner -- scissors solo joins us now -- You say this is a million dollars worth of comic books and you session right now -- -- what you haven't I it's Obama.
So I loved comic books that says a little kids doesn't.
Little little kid -- and I've been buying and selling complex and some sixteen years old.
I merged companies in my partner Stephen Fischler in 1999 we -- metropolis collectibles and a few years back.
We start a new company called comic connect dot com that's our auction line.
And we -- the premier online auctioneer of vintage -- books in the world we're also metropolis is the largest viewership of vintage -- -- -- -- -- decent special pocket for instance here's an accountant that's coming up in our next auction.
Now about a month and a half of the guys may have heard about.
And action comics number one that was found in the wall the house right we sold -- comic book for 175000.
Dollars that book was only in one point five condition.
This comic book -- -- five point oh condition -- ten.
Yes and is coming up for sale in our next auction which -- ending 38 yes or this week coming up for -- -- next auction of the ending the week of September 22 to the 27.
This company is estimated to go for a half million dollars.
So you must have so many stories of these people who randomly find comic the only attic.
Rays -- -- it saves them from financial distress absolutely a story well.
We had a we -- a situation a few years back where couple who took a second mortgage out on their home had sort of business and then basically.
What they did was.
They -- business didn't do very well.
So what happens.
They're they're being foreclosed upon them they're gonna lose their home to go into the basement the -- leave the house have been in their home their family's ownership for generations.
They go in the basement of -- grab boxes to start packing stuff up.
And what -- they find they found an action comfortable went up in a few years ago we sold their copy also in five point -- condition for 436000.
Dollars out and it was literally the headlines read Superman saves the day literally -- as an investor how do I know I've got the real optical paddling no that the personal praising -- for me thinking oh my god.
Tell them it's no good -- -- and the twenty bucks an incentive for millions sure well I'll tell you that one of the big things that's happened.
Fourteen years ago my partner Stephen Fischler.
Pitched the idea of third party greeting which is what these plastic holders are where third party in this case -- CGC they're the premier company in the business.
Will have their experts -- the -- book to a restoration check and make sure it's the real deal and given a numeric great.
So now people.
Like yourself who don't know anything about complex can come into the market and by account books and -- it's become commodity ties.
So that just in the same way you can go online or buy a stock and sell stock you can buy -- -- console stuff.
What I don't new comic books right you hang on to new comic books will -- appraise the -- -- -- out in value this there's appreciate about excuse me there's definitely a possibility for new complex to appreciate however I like to put my money to something that has legs to it.
Some have proven itself over the last fifty years sixty years 75 years like Spiderman Batman shipment.
This is a comp look flash I brought this with me because.
They just green lit.
The flash movie so.
Flash will explode in popularity and demand so DC comics is trying their hand they just did the man of steel 75 anniversary.
Of Superman now the flash was also an extremely old character.
Is going to be hitting its it's mark in the next few years from now people can get on early.
Saying that's his account book good investments are -- good luck to you saying thanks very much in his wonder pass on and comic connect.
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