Over on MSN today, there was a special report about a family that was packing up due to them losing their house and in the midst of doing so found some old comics in the basement. Now they weren’t just random Age of Apocalypse issues or even some classic Gardner Fox/Murphy Anderson goodies. Nope, they found the grand-daddy of them all: Action Comics #1.
Now, the family wishes to remain anonymous but contacted Stephen Fischer of ComicConnect to verify it’s authenticity, as well as put it up for auction (where the lowball would be about $250,000). Obviously more than enough to keep them in their home, which had been in the family for more than fifty years.
Talk about a Godsend.
July 29th, 2010 at 1:08 am
cool!
July 29th, 2010 at 7:45 am
Been in the house for 50 years and hadn’t paid off the mortgage yet?! Hopefully it was some other financial reason behind it, like property taxes they couldn’t afford. I’d hate to think they hadn’t managed to pay down their mortgage over 5 decades!
July 29th, 2010 at 7:51 am
Article says it has “been in the family” for more than fifty years. Probably more than one generation. If the family had multiple children and the parents passed away the child who wants the house would have to pay his/her siblings their portions of the home’s value, which would explain the need to mortgage it again, also could have been an home equity mortgage to repair/improve/add-on to the house.
July 30th, 2010 at 8:51 am
Right on, Ed. In older families the home IS the investment strategy.
July 30th, 2010 at 12:24 pm
Superman DOES save in real life!