A Piece of Action Comics #1 Sells for $7,101...Just a Piece! Is the Buyer Crazy? Let's Discuss!

[@bat2275]

I have a piece of a stale donut that was originally stuck to a copy of action comics #1 but was scraped off. Can I have that piece of stale donut slabbed by cgc as a piece of action comics history?

[@MetalBum]

Great one. Going through a lot of your old videos has been really valuable. Watching all the comic ones. Just have a passion for it and trying to hold long term but make good decisions

[@CoolMirrors]

What baffles me most is why didn't CGC use a smaller slab? ...They literally grade trading cards!!!

[@KeyKiller74]

I remember talking to you about buying single pages of golden age comics a few years ago. I did buy some from Action #1, Superman #1, Batman #1 & AF #15 Some of the pages I bought were from the story line. But my Action #1 was not :( but hey at least I doubled my money if not tripled by now. :)

[@bstoker9468]

Thank you again for this one, you have always been consistent and logical and I will continue to try and learn from your videos!

[@unstoppableExodia]

Gosh darn it. I’ve heard of fractional investing but this is ridiculous

[@carnivalhands2884]

Nobody. And I mean nobody in the comic book community thinks that this was a sane purchase. But hey, good on the person who found a fool to buy it. Edit: I watch your channel to get out of my echo chamber.

[@TW-fv2zu]

The HANDS!!! Great Content 💯

[@monkeh86]

Lol I thought at first it was a page of it or something, but it’s not even that, just a fragment! The number 1 from the front page I think. That is nuts, how is that worth anything at all? What a time we live in.

[@CharlesDickison]

There was an episode of "Married With Children" with Peg's obsession with buying junk at yard sales, being forced to sell those items, and getting no buyers. Hitting the bottom of the fools chain also applies to this sliver of a famous comic too.

[@CatsMeowPaw]

New market: Take popular comic books and cut them up into little pieces for profit. 🤔

[@mattbrosch]

This is what I find most worrying about this type of sale. I can totally see somebody acquiring a really low grade copy of something like AC #1 and then cutting it into the tiniest pieces to sell the individual parts for more than the complete book would go for. No. 1 stamp? 7k. The "S" from Supermans chest? 20k. His face, feet, and hands? 5-10k a pop. Then move onto individual pages, and chopping them up into individual panes to maximize your profit there. It's sad that this is what "collecting" has devolved into.

[@Kiryu_YTgt]

I’m curious where the rest of the comic is. Didn’t CGC say they were going to start grading single pages?

[@ReservedInvestments]

This is a piece of a page…so…🤔

[@peanutbutterpandapuffs]

Love the videos as always, but honestly we're in a age where people are buying NFTs lol when they arent financially established so...I'm not sure theres any logic behind any of these purchases

[@Johndeplume.]

I was JUST about to make the NFT comparison. Completely agreed. 👍 Personally, I wouldn't buy either of them... but I'd certainly be more inclined to purchase a piece of something, than something of (virtually) nothing. To each their own.

[@simascnop8033]

I think NFTs are some new kind of Kikstarter etc - it's a relationship between scammed and scammers. If people would understand what they are "investing" in, they wouldn't spend their money. Why would a hyperloop would make sence if already a magnetic levitation train was not economical? Why would they invest in solar highways if everyone with technical knowledge knows it is the worst place to put solar cells? Most people don't understand what NFTs are, so it is easy to rip people off... kzbin.info/www/bejne/jqiwm4ONhMacorM

[@BoxCatKeys]

I’d have never made a move on this.. it’s bizarre IMO, but then I thought “what if it wasn’t purchased for investment purposes?” I was looking at Megalodon teeth the other day just because I thought it would be fun to own a few. I’d have been out of my mind if I was to believe I should’ve been buying the entire megladon skeleton 😕 Great content as always though! I’ll always appreciate and respect your take as it’s related to this subject as Im fully aware that I don’t know 💩😅 in comparison

[@JohnSmith-zl8rz]

"that piece will worth $70K in 5 years" -Timmy

[@TripleGcomics]

Totally agree mate, I did a vid on this yesterday as well, it’s crazy in my opinion!

[@marktinant4514]

This is absurd on a couple of fronts. Obviously purchasing this is just bizarre. Secondly, the fact that CGC would go ahead and slab this is pathetic. I guess we shouldn’t be too surprised given the fact they previously slabbed invisible comics for company Bad Idea. So glad I bumped into your channel. Great content! 👍🏽👍🏽

[@teetoo3790]

Ha ha Shawn's going to love this story. I went to my bank on Saturday to deposit money and I heard this video some dude was playing. I said to the dude is that Shawn? He gave me a thumbs up. Lol Shawn out there with mainstream now.

[@ReservedInvestments]

Please say this isn’t true? Lol…😱

[@teetoo3790]

@@ReservedInvestments True. It happened on a Saturday. He was playing this video on a cellphone.

[@randomsanctum]

I'll defend buying individual pages. But THIS? This is completely insane.

[@hoila4718]

Hi reserved! YOU really helped since 2019, I want to share with you my story but YT always cancel my comment when I write it in the comment, maybe because it's to long... Where can I share it with you?? Pat, an Italian follower

[@ReservedInvestments]

My email address is in every video’s description.

[@Kurtle001]

Shawn is the Goat 🐐 🙌

[@GaggleofDoozies]

Haha..... love Shaun, Shawn, Sean....speaking the truth!!! 👍

[@lennywright5655]

I guess I can understand the appeal of owning a literal piece of a valuable comic, compared to the alternative of owning shares in a book you’ll probably never see in person. 🤷

[@BUYATARI]

It is hard to completely remove emotions from collecting. We buy it because it is cool to have. Without that "want" no one buys any of this stuff. Coins included.

[@christophertomasello1227]

Buyatari-you are describing a mental disorder known as hoarding

[@realryal8317]

Great video thanks. Would be interesting to know the collector type of the action 1 piece. Do you think grading companies risk an integrity issue in this sort of wild slabbing expansion? Is it A risk for the slab markets With rates rising and inflation squeezing incomes there is risk for mid low end of all collectibles imo, the high end of extreme wealth hit by sanctions and increasing nationalization imo. Interesting times

[@cervine666]

Hi Pat, So. I'm not interesting in investing in antiques or comic books or whathaveyou. I am, however, a bibliographer and codicologist who studies medieval manuscripts and the early modern/late medieval book trade. I can say this one thing: this sale of a 'piece' of Action #1 is going to result in a LOT of bookbreaking (cutting up or purposefully removing pieces of a book) by dealers and auction houses. Whatever grading company was willing to be a part of this needs to think about the fact that they're basically endorsing the destruction of these objects... and starting a trend in which pieces of books are deemed valuable is really bad news for the future of comic books in a historical sense. For a person who only cares about these kinds of objects in terms of how much profit you can make off of them, I suppose that may not matter much to you, but there is something obscene about encouraging companies to destroy historical objects in order to turn higher profits, isn't there?

[@ReservedInvestments]

Who is ‘Pat?’

[@cervine666]

interested in* And reading below, looks like this is already a thing in comics, since people are talking about single pages being sold. Well, have fun watching auction houses and dealers break tons of comics into little pieces for a bigger profit, I guess. That's the state of the medieval manuscript market now; huge numbers of medieval MSs are being broken into individual leaves. If houses and dealers are happy to slice apart books that are 600 years old, you can bet that they'll be overjoyed to start hacking some comic books to bits.

[@cervine666]

@@ReservedInvestments Sorry, was writing an email to a 'Pat' just before writing this comment. Name must have stuck in my head.

[@coolguyxoxo]

This had to be a joke, until CGC authenticated it. 🤦‍♂️

[@nicholaswells3825]

I think this is stupid, but then again how does this compare against fractional investing? Is this any better or worse? At least you can say you own the piece (shrug)

[@PyramidHeadLovesYou]

What coin did you buy? (:

[@bathombre9739]

To be Frank, I can't believe it didnt sell for more 🙄

[@brasscupholder6233]

Stamp collecting is back!

[@VinceDubbed]

Timmy: "I own Action Comics #1....... sort of" 🙃

[@donomar7070]

Everything I got I just like it I didn’t pay that much for it I’m just getting it graded now and people just wanna buy it from me and give me more money for it what am I supposed to do lol

[@BasTHoorn]

I think you are absolute right, but you forget something. If this piece needed for a restoration/conservation then I find it a good buy.

[@ReservedInvestments]

No one would need that one piece. Look at it. 😳

[@GaggleofDoozies]

Timmy's....Kimmy's...and Pointdexters. ...🤣👍

[@667hodge]

The whole is greater than the sum of it's parts

[@VinceDubbed]

"Fractional Investing" LOL

[@TOSStarTrek]

That is all another level of crazy.

[@bathombre9739]

This is insane, I blame cgc, it's bad enough they are grading single pages, now what small sections?! What's next? Single fibers that can only be seen under a microscope?

[@ParallelUniversity]

The next step in crazy is to sell just the staples that held the book together. Fibers will come later.

[@bathombre9739]

@@ParallelUniversity true true I skipped a step

[@donomar7070]

Oh yeah and that action comics thing I’m not buying something like that that’s crazy

[@MetalBum]

They could have bought a top 12% census cgc 9.6 giant size x men in NM condition instead lol. Or a first fantastic four or ghost rider in 9.8 sheesh. 😮😮

[@MetalBum]

Or FA silver surfer or galactus or just any complete comic

[@MetalBum]

Or a FA poison Ivey Batman 181 😘

[@bathombre9739]

How can you even prove this is original?

[@donomar7070]

I see it this way if you like it you buy it

[@Jmillz181]

Bobas fett books went down big once people saw the show was pretty terrible. And this 7k chip is crazy I agree.

[@ricardoblikman2676]

If you buy something and wait for someone that pays more you are speculating not investing.

[@brasscupholder6233]

Fractional investing in rare comics.

[@christhemagnif]

Is this a new take on fractional share investing? 😂

[@esurfrider7687]

👍🏼

[@Johnny_Ultimate]

Maybe the person who bought it....I don't know....WANTED it? Jesus. Not everything is a flip or an investment.

[@kidnycz]

Do you not understand this channel is content about investing? You are right not everything in this world is about flipping or investing but people watch this channel for his opinions on collectible topics related TO investing. His channel name even has "investment" in it 🤦‍♂️

[@Johnny_Ultimate]

@@kidnycz oh really? Gee I hadn't noticed that. Thanks.

[@kidnycz]

@@Johnny_Ultimate obviously not since you wrote that idiotic comment with the word Jesus in it

[@R2-D2-123]

@@Johnny_Ultimate believing someone just "wanted it" to not sell and pay that much just goes to show you don't understand how to manage money. Im guessing you are not on track for a comfortable retirement?

[@Johnny_Ultimate]

@@R2-D2-123 What luck! I'm being responded to by someone that understands all of the various motivations behind peoples decisions. THANK YOU!

[@KandorArchives]

actually seems low