Board Thread:Questions and Answers/@comment-26520349-20150630163324/@comment-1038387-20150630200736

Well, some first appearances from the 40s are maybe worth a million. Later issues? Not so much, except if it's an a-lister. Spider-Man? Yes. Even Ant-Man's first app fetched 5 or 6 figures not too long back. The first of the Hard Travelling Heroes issue might fetch some. But the first appearance of Silver Age Wonder Woman? Not so much.

Most old comics aren't worth more than their paper value. There's simply no market for them, they're undesirable. Even plenty of first appearances. They're not a good investment.

I'm going to give a counter-argument, though. Not many people know, but I'm actually a BA in Historic Lit (and I'm not doing much with it atm :)). One of the first things I was told was to scour second hand websites for cheap 16th century books - if it's an obscure author, it's not worth much. Shipping costs more. However, it is a snapshot of its era. You can feel the grid in the paper, look at the seams and see the folio. The same goes for comics. You can feel the paper, hold it in your hands rather than just reading it in reprint or digital. It's not worth much in money or emotional value, but it's got some minor historical value.