Saturday 3 March 2012

Conversion of assets

A lesson was learned a long time ago about the empty feeling that lingers after a collectible is sold for cold cash. The money is alright at first, but quickly that high fades away. Trading, or converting, however, is a different prospect altogether! Just recently, one such "conversion of assets" was made: a NM copy of ‘Batman: Vengeance of Bane’ was sold for a total of $58 CAD, and the cash used to purchase a CGC graded 9.0 (VF/NM) copy of ‘Marvel Team-up #3’.
‘Marvel Team-up #3’, published by Marvel Comics Group dated July 1972, features an early appearance by Morbius, the Living Vampire. The CGC grading is a guarantee of quality when purchasing books sight-unseen, and allows for easier conversion at a later date. ‘Batman: Vengeance of Bane’ was published by DC Comics dated January 1993, and features the origin & first appearance of Batman's adversary Bane. Interest in this book has spiked recently due to the character's appearance in the upcoming Batman movie.

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