Comics can make you rich

Let’s be honest investing in comics might not be top of the list of conventional investments but who knows what might be hidden in a box in your grannies attic?

Maybe you or a member of your family unwittingly stashed something valuable away. There are two main comic markets; the brightly coloured action-hero US comic, which appeal to serious investors. And then there is the British comic market, featuring much-loved characters- where the inclusion of the original free gift can easily multiply the price.

The sums of money could be seriously useful were you to come across a mint condition copy of the first edition of Action Comics, printed in the US in 1938, for example you might have found something worth more than $2m (£1.3m). But, Britain still has its valuable comics. A first edition of The Dandy from 1937, complete with the free gift of a whistle, would sell for more than £20,000. The Beano started in 1938: 10 years ago a copy of the first edition sold for more than £12,000.  At the end of the year approaching Christmas when the shops are full of annuals aimed at the younger generation, a hidden-away annual from years ago could be worth a handy sum, a Beano annual from 1940 sold for £4,265 in 2010.

Duncan McAlpine of comicpriceguide.co.uk has a collection of around 100,000 comics - including the much prized Action Comics No 1. He said: "In 1987, when I was working as a floor manager on East Enders, I spent £10,000 on a copy. If I tell you that recently a copy sold for $2.6m (£1.6m) you'll see it was a good investment. Although my copy is not mint, it's probably still worth several hundred thousand pounds. I don't think it will be long before we see the first $5m comic." Enables IFA’s would be delighted to talk you through any of your plans for your financial investments.


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