rclark123

1 hour ago, BrooksR said:

What happens if you need to sell your share? Do you have to find another buyer? Is there a designated time that the book will be sold? 

I think there is a secondary market, where you would trade your shares with other buyers on prospective days, similar to Schwab or other Financial service institutions.

On 11/18/2019 at 11:34 AM, Krismusic said:

I can imagine but if someone worked out those details I am sure I would invest then. 

Totally, me too! im gonna wait and see, it seems everytime i check their site at www.hipcomic.com/invest, the bar gets more and more filled. Waiting for more details

32 minutes ago, Krismusic said:

that's scary that they already got 20%... 

I mean its sounds like a really nice idea but I don't know there is a lot of grey there and not enough information or regulation of what will happen with the shares etc.. 

Yes i am waiting for more details, but the idea of it sounds very interesting, and thats probably what has convinced a alot of those people who have shown interest

Well this is interesting...

21 hours ago, lou_fine said:

 

There are a whole ton of comics that are rarer than Action 1 since DC was one of the 2 major GA publishers and their books would have had much wider distribution.

Amazing Man 26 is from the Centaur line of books which had their beginnings from the mid-30's when comics were still not that widely distributed.  Especially in the case of Centaurs which was basically a relatively small publisher which most likely suffered from poor distribution.  Being the last book in the run, I am sure that A-Man 26's distribution would have even been weaker than the earlier issues in the run as it would have been winding down shop by then.  

Most Centaurs are generally considered to be extremely rare relative to most of the other more common GSA books, with many of them having only less than a handful in the CGC census after almost 20 years.  Needless to say, most of these would also be found only in low grade condition and definitely still in demand as any copy is better than no copy at all.  

Got it. If you guys miraculously discovered this in your collection, would you hold on to it, or sell it/auction it right away?

48 minutes ago, Krismusic said:

also with the re-slab if its in a older holder and you have to re-slab people will know the difference between the holders and ask what happened? t'is a slippery slope there.

Valid Point. It is definitely a very unique yet interesting concept

13 minutes ago, Krismusic said:

this just sounds another interest free loan...  

what happens if the guy decides to drive the car.. it gets damaged and sells for a lot less because its been damaged.. also don't cars usually depreciate in value as the years go on or the more they are driven, etc... I know there are some vintage collectable cars that sometimes goes up in value but if it starts to get used etc.. it loses money.. 

 

sounds risky

 But also the argument is, would you read this CGC graded AF 15, probably not? So then I would think, no one would be driving that countache or 1960 Ferrari GTO, in theory?

3 minutes ago, dupont2005 said:

Someone a while back was doing this with exotic cars. The idea being you buy a fraction of ownership of the car, eventually when it sells for a profit you collect your profit.

 

but in the meanwhile all those Ferrari’s will be in his garage, you’ll never get to see them in person

Not sure if it turned out to be a co,plate scam or not, but it was at the very least not a great sell

are you talking about rallyrd? They just started doing books, and sports memorabilia. I think this is there link: https://www.rallyrd.com/

1 hour ago, valiantman said:

It's funny to me that a bunch of guys on the official CGC board are opposed to the idea that "someone could own a part of a high-valued comic book" while simultaneously supporting CGC... the idea that "comics should be sealed up in a slab and not read." 

Of the two concepts... ownership in part of something bigger is the one that makes more sense. 

haha thats a interesting way to put it, but yes very valid.

I guess time will tell, but even that comic the Action #1, is probably worth closer to 4 million don't yall think?

7 minutes ago, 1Cool said:

So many issues with this concept.  Take the AF 15 for example - who set the $125,000 price tag?  A 7.5 just sold for $120k and it had Off-White pages.  So a Cream 7.0 would be worth what - $90K.  So the owner of this book puts it up on the site and pockets the $125k and then the investors only have a $90K book to show for it.  And then the auction house takes 10% so the book is basically worth $80K and investors ponied up $125K for the privilege of owning a piece of a key book.  It will be awhile for that book to reach $140K so that the investors will even get their money back when it goes up for sale.  So much risk and so little reward it's just foolish.

I don't think its an auction. Obviously the value of the book will be debated. But yeah, its a neat concept, and it will be interested to see how it evolves, given the interest so far.

3 minutes ago, romanheart said:

I'm thinking the best grade copy of Action#1 but I honestly don't know.

Yeah that makes sense, its always something I was intrigued by. Like what else do people have in their attic, that they don't know what they are sitting on. 

3 minutes ago, shadroch said:

I've split collections with people, including board members. I've also "invested" set dollar amounts with a dealer where I gave him X for buying stock, with the promise of X plus Y at a given date. If someone I trust approached me about sharing a particular book, I'd give it consideration. 

Do you think dealers own all the books in their inventory, or only one person owns them?

If the person doing this checks out, I'd have no problem investing at the right price. My only issue is there are many better ways to invest my limited capital.

 

Hmm, yeah I wonder that too. I would think dealers own them? My other question is where would the book be stored? 

Just now, BlowUpTheMoon said:

Welcome to the Board! 

Thanks @BlowUpTheMoon

Do you guys thing there is a comic out there that is more valuable than Action Comic #1? If so what are some possibilities?

1 minute ago, Krismusic said:

what do you mean by Robinhood of comics? 

do you mean rob from the rich and give to the poor because of a tyrant lord taxes the poor into poverty? (Disney) version I believe. 

haha more like www.robinhood.com

Valid points, I am quite surprised and a little impressed how many investors & shares have been bought out. I think each share is worth $75 and from my understanding after doing a bit of research, it is like the Robinhood of comic books, and it would be registered with the SEC, so legitimate investment. There is a company called Rally RD which does something similar but with collectible cars, and they had a lot of success. So WE SHALL SEE. 

Hi All,

I was just bored one day, and found this thing that this site called www.hipcomic.com is doing. I have sold/bought from them before, highly recommend. They are allowing people have fractional ownership of the Amazing Fantasy #15, by buying shares that you can own. I personally think its kinda cool, and see how it does. I reserved shares, I think right now you can only show interest, but thought it would be of interest to people here. This is a book that is def I have always dreamed of owning. 

Check out the link below.

www.hipcomic.com/invest

Hi all,

I saw this and thought its so interesting. The oppurtunity to have ownership into the Amazing Fantasy 15 GCG 7.0. Where any average joe can buy fractional ownership of this comic, kind of like robinhood. Its through this site called www.hipcomic.com. Do you guys think there is potential interest in this?

www.hipcomic.com/invest