‘Better Than the Stock Market’: Cash in on Comics & Collectibles

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SIOUX FALLS, SD (KELO) – It’s a weekend to celebrate heroes, at least the ones you find in comics. SiouxperCon started on Friday at the Sioux Falls Convention Center and will run all weekend.

“I’ve been collecting comics since about 1996,” said Sioux Falls comic book collector Jon Runyan.

Runyan has been an avid comic book collector for decades and loves to see what he can find at SiouxperCon every year.

“I get my hands on the coolest things and I love it,” said Runyan.

“This is the biggest Sioux PerCon I’ve seen since the show,” said Jon Jespersen, owner of JJs Comics and Art.

The booming convention this weekend paints a picture of the overall increased demand for comics.

“For me as a company, it was the best year I’ve ever had,” said Jespersen. “I’ve been working 12 hours a day, seven days a week for 18 months.”

Jon Jespersen started doing JJ’s full-time comics and art five years ago and has seen his sales skyrocket ever since.

“What has happened in the last five years, and especially since COVID, we’ve been inside more, we’ve seen more people invest in books now, so prices have gone up and exploded,” said Jespersen.

While the starting price for new comics has risen across the board …

“The prices have certainly changed a lot, but it’s worth it for me,” said Runyan.

The high-end collector’s market continues to see record prices.

“A perfect example would be Amazing Fantasy 15, the first Spiderman appearance that just sold for a record $ 3.2 million,” said Jespersen.

And it’s not just fans who drive prices up.

“What we are also seeing is that a lot of people are now trying to invest in these things as physical properties, assets. We see Wall Street come in and develop portfolios where they buy important keys and that way put them in portfolios. “Said Jespersen.

Over the past year, the appreciation for collectibles has been incredibly fast.

“We even see things like video games, a Super Mario game from 1985 that was sealed, valued for $ 600,000, then went to Heritage auctions six months later and sold for $ 2 million,” said Jespersen.

“It’s even better than the stock exchange,” said an exhibitor at SiouxperCon.

But for some longtime fans like Jon, comics is all about history without worrying about investing.

“I actually only read for the characters so I can’t sell a lot, I mostly buy a lot,” said Runyan.

If you’re looking to get into the comic book trading, there’s a bit of a learning curve to figuring out what ratings and certifications to look for. SiouxperCon is a great place to find out more; it runs through Sunday at the Sioux Falls Convention Center.

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