For those who fear the demise of the collectibles market may be near...

[Jim VB]

Originally Posted by Bicem

I think the sale is legit. My sources (Richard) tell me that some comic book nerd with way too much money probably bought it.

Well played.

[tinkereversandme]

That is simply insane to wonder what goes on in the heads of the wealthy. It isn't like Paris Hilton who buys her dogs a $100,000 dog house or some billionaire like Paul Allen owning a $300 million dollar boat or even someone a hip hop artist riding around in a $500,000 car, this piece will appreciate in time and he will be able to sell it in ten years for maybe $1.5 million. Hence, investment. And $1 million is chump change compared to what paintings go for...To come on a collecting Forum and call out a collector of another form of collectible (which you may not like), doesn't make sense to me.

Regards,
Larry

[JP]

By why the big jump in price? The highest a comic has ever gone for in public is not even 1/3rd of a million, and $350-400K deals have only been "private". And then suddenly there is a $1M comic sold? At the exact price of $1M?? Doesn't seem at all odd to me....

[ChiefBenderForever]

If its the nicest example a million isn't hard to believe at all. $1000.00 for us is like a million for a lot of people.