Interesting Idea: Ownership of Shares in Comicbooks
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6 posts in this topic

19 posts

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

Edited by rclark123

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36 posts

I buy a comic because I sort of want to actually hold it and turn it around in my hands and ...you know see it.

 

I think I'll just keep investing in books that I can afford and display.

 

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11,515 posts

I hope fractional shares has a solution for when one gets married or divorced, as to how much your spouse or partner owns of 'your' AF #15 or Batman #1, etc.

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400 posts

Ive heard of people doing this with paintings.  A group was trying to do this with a black lotus magic card, and that attempt didnt look good.

When you buy a share in a collectible, you cross the threshold into into pure investor.  At that point, I'd feel better putting my money into a traditional investment with tax benefits, regulations, and what not like real estate or securities. 

It says the comic will be filed with the sec, but I dont know or trust hipcomics.com like I do Schwab. 

 

P2ll2

Edited by waaaghboss

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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? 

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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.

 

 

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