Not every dime-store comic book is worth a million, but some are - 21 News Now, More Local News for Youngstown, Ohio -

Not every dime-store comic book is worth a million, but some are

Updated: Oct 21, 2011 04:45 PM EDT
Some see heroes while others see dollar signs, but there are many factors that determine a comic book's worth. (©iStockphoto/Thinkstock) Some see heroes while others see dollar signs, but there are many factors that determine a comic book's worth. (©iStockphoto/Thinkstock)
  • More NewsMore>>

  • Youngstown woman claims boyfriend stalked her and killed her dogs

    Youngstown woman claims boyfriend stalked her and killed her dogs

    Thursday, April 24 2014 3:48 PM EDT2014-04-24 19:48:32 GMT
    A Youngstown man is arrested after allegedly killingtwo dogs, and placing oneof themina freezer.Officers saythey arrived atNorth Portland Avenue address on Sundayand found Amanda Haymeson the porch, clutching her dead dog, Grace.Haymes told officers that she suspected that herestrangedboyfriend had killed two of her dogsbecause he threatened to take something she loves, until she came back to him.She identifiedthesuspect as 43-year-old ToddWollen.Officers went to Wollen's home on Burbank Aven...More >>
    A Youngstown man is arrested after allegedly killingtwo dogs, and placing oneof themina freezer.Officers saythey arrived atNorth Portland Avenue address on Sundayand found Amanda Haymeson the porch, clutching her dead dog, Grace.Haymes told officers that she suspected that herestrangedboyfriend had killed two of her dogsbecause he threatened to take something she loves, until she came back to him.She identifiedthesuspect as 43-year-old ToddWollen.Officers went to Wollen's home on Burbank Aven...More >>
  • YSU Stem College Dean cut from list of presidential candidates

    YSU Stem College Dean cut from list of presidential candidates

    Thursday, April 24 2014 2:13 PM EDT2014-04-24 18:13:11 GMT
    Dr. Martin AbrahamDr. Martin Abraham
    The Youngstown State UniversityBoard of Trustees has revealed the names of the six finalists seeking the YSU presidency.Althoughformer Ohio State and YSUcoachJim Tresselmade the cut, Dr. Martin Abraham's name is absent from the list.Below are the names submitted by the Youngstown State University Presidential Search Advisory Committee: Mary Cullinan Gary L. Miller Gayle L. Ormiston D. Marshall Porterfield Steven M. Rothstein James P. TresselTressel, who interviews for the University of Akron...More >>
    The Youngstown State UniversityBoard of Trustees has revealed the names of the six finalists seeking the YSU presidency.Althoughformer Ohio State and YSUcoachJim Tresselmade the cut, Dr. Martin Abraham's name is absent from the list.Below are the names submitted by the Youngstown State University Presidential Search Advisory Committee: Mary Cullinan Gary L. Miller Gayle L. Ormiston D. Marshall Porterfield Steven M. Rothstein James P. TresselTressel, who interviews for the University of Akron...More >>
  • Updated

    Hostage released at the Trumbull County Jail

    Hostage released at the Trumbull County Jail

    A five hour hostage situation at the Trumbull County jail ended with the safe release of a corrections guard taken hostage by 3 inmates.
    More >>
    A five hour hostage situation at the Trumbull County jail ended with the safe release of a corrections guard taken hostage by 3 inmates.
    More >>


By Elaine Zimmermann

Jake: I bought an October 1937 "Dime Detective Magazine" in a yard sale for a quarter. I heard about one of these selling for a million dollars. How can I find out the value of mine?

Elaine: Before you pick the color of new your Ferrari, let me tell you how you find out what your comic book find is worth.

Here is the comic auction story to which you referred: In February, Detective Comic #27, which originally sold for ten cents (hence the name for this genre) and featured the first appearance of Batman, sold for $1,075,500. The previous record for the sale of a single comic book had been $317,000. So the values have risen dramatically.

Another example of how elite comics have appreciated is the 1960 Green Lantern #1. It previously auctioned in 2003 for $18,975 -- a fortune at the time that has since quadrupled seven years later when it sold for $50,787.50.

Even Snoopy and the Red Baron are airborne in this buying frenzy. The original art from the comic strip of July 31, 1966 featuring Snoopy shooting down his arch nemesis brought an amazing $101, 575.

Original magazine illustrations have also hit the outer stratospheres. An illustration by Alberto Vargas for the October 1963 issue of Playboy Magazine sold for a breathless $179,250.

So you want to go out and buy every present day comic book you can get your hands on and sell them in a decade for a fortune? Not going to happen.

According to industry experts comic books after 1980 are basically worthless. So many "would-be" collectors jumped into the market buying thousands of comic books resulting in massive multiple printings of every issue that the market was ruined by the collectors.

So what about your yard sale treasure? A quick perusal of ebay.com shows Dime Detective Magazines are being priced by sellers from $20 up to $130. Much is dependent on the condition of the magazine, the characters in the stories and the writers who wrote the "Thrillers".

As important as condition of the magazine is to the value of each issue also is the first appearance of later famous characters such as Batman and other very collectible characters. Less considered, but important to some collectors are the writers of the tales of murder and intrigue.

In the mid and late '30s and early '40s, many Hollywood screenwriters made a quick detour from newspaper writing to the world of Dime Detective Magazines before they found fame and fortune as movie screenplay authors. A quick Internet search of these authors yields their fascinating careers.

The ten-page dramas they wrote disclosed a thriller complete with interesting characters in exotic locations wrapped in intriguing plots that twisted to a dramatic conclusion where the "good guys" always won and the "bad guys" were discovered and punished.

The bad news is your comic book is probably not worth a fortune. But some are, keep looking.

Elaine Zimmermann is a personal finance expert who was written about everyday ways to save money on cars, homes, vacations and more. For information on investing in foreclosed real estate you can visit her website at www.AskElaineZ.com.

INFORMATIONAL DISCLAIMER The information contained on or provided through this site is intended for general consumer understanding and education only and is not intended to be and is not a substitute for professional financial or accounting advice. Always seek the advice of your accountant or other qualified personal finance advisor for answers to any related questions you may have. Use of this site and any information contained on or provided through this site is at your own risk and any information contained on or provided through this site is provided on an "as is" basis without any representations or warranties.
  • Hot ClicksHot ClicksMore>>

  • Can an app save the planet?

    Can an app save the planet?

    This startup's Earth Day launch has a massive goal: Cut carbon emissions globally. It has its work cut out for it.
    More >>
    This startup's Earth Day launch has a massive goal: Cut carbon emissions globally. It has its work cut out for it.
    More >>
  • 'Captain America' holds onto top box office spot

    'Captain America' holds onto top box office spot

    Monday, April 21 2014 10:47 PM EDT2014-04-22 02:47:39 GMT
    LOS ANGELES (AP) - Captain America really is unbeatable - at least at the box office"Captain America: The Winter Soldier" has been the top draw at theaters for three consecutive weeks, vanquishing would-be foes including the new thriller starring Johnny Depp.According to Monday's final box office figures, the Marvel sequel added $25.6 million in ticket sales over the weekend. "The Winter Soldier" has made more than $200 million domestically since logging the best April opening in history."Hea...More >>
    LOS ANGELES (AP) - Captain America really is unbeatable - at least at the box office"Captain America: The Winter Soldier" has been the top draw at theaters for three consecutive weeks, vanquishing would-be foes including the new thriller starring Johnny Depp.According to Monday's final box office figures, the Marvel sequel added $25.6 million in ticket sales over the weekend. "The Winter Soldier" has made more than $200 million domestically since logging the best April opening in history."Hea...More >>
  • Netflix poised to raise prices after strong 1Q

    Netflix poised to raise prices after strong 1Q

    Monday, April 21 2014 10:37 PM EDT2014-04-22 02:37:26 GMT
    SAN FRANCISCO (AP) - Netflix is preparing a sequel unlikely to be a hit with its subscribers. The Internet video service is about to raise its prices for the first time in three years to help pay for more Internet video programming such as its popular political drama "House of Cards."The increase, to take place sometime before July, will hike prices by $1 or $2 per month for new customers. The company's nearly 36 million current subscribers will continue to pay $8 per month for at least the n...More >>
    SAN FRANCISCO (AP) - Netflix is preparing a sequel unlikely to be a hit with its subscribers. The Internet video service is about to raise its prices for the first time in three years to help pay for more Internet video programming such as its popular political drama "House of Cards."The increase, to take place sometime before July, will hike prices by $1 or $2 per month for new customers. The company's nearly 36 million current subscribers will continue to pay $8 per month for at least the n...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms