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Superman Comic Saves Family Home From Foreclosure

Posted by samzenpus on from the more-powerful-than-an-angry-banker dept.

A couple's home was saved from foreclosure after they found a copy of Action Comics #1 in a box in the basement. From the article: "In a statement released through ComicConnect, the owner of the prized comic book said the family was still 'a little shell shocked' after the unexpected find. 'I was so nervous when I realized what it was worth,' the owner said. 'I know I am very fortunate but I will be greatly relieved when this book finds a new home.'"

2 of 217 comments (clear)

  1. they have owned the home since the 50's by alen · · Score: 4, Interesting

    article says they have owned the home since the 1950's. means they probably refinanced a few years ago to "liberate the equity" or "put the equity to work". i bet they will lose the home some day.

  2. Re:This is a commentary... by Aboroth · · Score: 2, Interesting

    I think of intrinsic value as equivalent to how much human effort would go into making it, with of course the condition that people actually want it for something. For a comic book that is easily reproducible since it is only made of paper, that has a very low intrinsic value. For a big gold bar, that takes a lot of human effort to mine the ore and refine it, so that has a lot higher intrinsic value.
    That's just the way I look at it, anyway.