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Those Comics in Your Basement? Probably Worthless

Those Comics in Your Basement? Probably Worthless
Photograph by Paul Carstairs

Barry T. Smith, 44, spent most of his life collecting comic books. And he always considered them an investment. “These books would someday be college tuition, or a house down payment,” Smith remembers thinking. “I would lay them all out in my parents’ living room, sorting them, cataloging them, writing down entries on graph paper while cross-referencing them against the Overstreet Price Guide.”

After college he landed a tech job in Silicon Valley but held on to all 1,200 of his comics, including several hundred early issues of Marvel’s X-Men, which his research suggested had grown in value every year. The comics sat in a storage unit, boarded and bagged, for close to two decades. When Smith found himself unemployed and in need of money to support his wife and two daughters, he decided the time was right to cash in on his investment.