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Default "Investing" in Comic Books and WAVAC "Amps".

The recent comment brings up some points.

It's true some old comic books are worth an immense amount of money.
However, they were not originally sold as "investments", or more
correctly speculations, but as throwaway reading material. No one
thought to preserve them, which is why the survival rate is so abysmal,
and in turn a necessary component of their high speculative value. It's
as with most collectibles. If a watertight container filled with a huge
shipment of them were brought up by wreck divers the value would
plummet.

Collectibles, with a few exceptions, are never investments in the true
sense, i.e. they do not produce cash flow. They are wholly speculative.


Something like the WAVAC 833 is never going to generate cash flow.

Does it have functional value? Well, you can use it as an audio
amplifier. But you could build one yourself identical to it for a
drastically lower sum, or have one built. The reason similar units are
not built commonly, is because it is actually not a particularly good
amplifier. The 833 is not a particularly good tube for audio use. Yes,
the Gates BC-1 series of broadcast transmitters used two in push-pull
for modulators....because they used two in parallel for the RF finals
and one could rotate them for longer life and you only needed one or
two spares to stay on the air.

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