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The Crash of 1993
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Nothing new here for those who know, but thought this was a well written article so wanted to share.

https://www.washingtonexaminer.com/policy/economy/953546/the-crash-of-1993/

"Once upon a time comic books were ubiquitous and worthless. Sold in drugstores for a dime during the 1930s and ’40s, they were fun, pulpy reading for kids and youths. Issues were printed by the hundreds of thousands—even a million for the top titles—and then read, passed around in classrooms, locker rooms, and barracks, and eventually thrown away. A few odd ducks collected the things for pleasure, but this barely amounted to so much as a hobby.

Over the years the appeal of comics narrowed somewhat, but the audience grew more intense as it shrank. Specialty shops appeared that sold nothing but comic books. By the mid-1980s, a brisk collectors’ market existed."

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In 1984, DC launched what became an immensely popular series, The New Teen Titans. The first issue carried a premium cover price of $1.25, the result of the series being printed not on the usual newsprint but on higher quality “Baxter” paper. I missed the first issue when it debuted, and the back-issue price quickly climbed. In a few months I saved up the scratch to buy a copy. 

I paid $25,

 

(tsk)

 

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There is no way that's a legitimate news article.

It didn't start out with "BIF.......BAM!.......POW!" and the author patting himself on the back for thinking of such an "original" opening line.

 

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