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3295Sobering article in Business Week

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  • Tony Hill
    Oct 31, 2013
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      Your old comics are probably worthless, according to the article.

      http://finance.yahoo.com/news/those-comics-basement-probably-worthless-095537403.html


      But here's the thing: Richie and earlier comics are apt to be more valuable.  Comics were a mass-market thing until the early 80s.  Comics were everywhere: grocery stores, drug stores, convenience stores, gas stations, in 3 and 6-packs on racks, etc.  They cost 35 cents in the late 70s.  Then the prices went up not only due to inflation but also comics being transformed from a mass-market into a specialty item mostly available in collector's shops for $2.99 or something outrageous.  As a result, very few of the mass-market era comics survived; whereas nearly all of the specialty-era comics not only survived but went unread straight into poly bags.  So the Richie comics that are left are indeed rarities.

      Even so, Overstreet pricing is pure nonsense.  I always use the example of Zillions #1, which is more plentiful and less in demand than Zillions #2, but contains an ignorant Overstreet price.  And why should Zillions #1 be any rarer than the other Richie comics issued the same day.

      Tony
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