by: David Lazarus
How is the Dark Knight like a timeshare? Because now you can own a piece of the action.
Rally, a website for collectibles, said Friday it will offer shares in the first Batman comic, published in 1940.
The company will offer 180,000 shares for $10 apiece, giving Batman No. 1 a value of $1.8 million.
If this sounds like the current craze for NFTs, a.k.a. non-fungible tokens, think again. NFTs are exclusively virtual. They do not exist in the real world, making their value, to put it mildly, questionable.
Batman No. 1 is a real comic book. In this case, the copy being timeshared is rated 8 out of 10 in terms of condition, which is unusually good for a comic that’s more than 80 years old.
Along with the Caped Crusader, Batman No. 1 features the first appearances of the Joker and Catwoman (or “the Cat,” as she’s called at this point in her criminal career).
As a former comic-book nerd, I don’t mind saying that this is a cool offer — a chance to affordably own a piece of superhero history.
Moreover, it’s not unreasonable to expect Batman No. 1 to appreciate in value as an investment. Last month, a copy of Superman’s first appearance in Action Comics sold for more than $3 million.
So forget Bitcoin. Here’s a similarly offbeat place to park your money that probably won’t experience wild swings in worth.
It’s Batman, after all. He’s stood the test of time.
The shares go on sale in mid-March.
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A group of parents of students at Weaver Elementary School in Los Alamitos are upset with the Los Alamitos Unified School District after learning about the sleeping arrangements at a school-organized science camp in San Bernardino County.
“No parent should feel the way I feel after knowing what could have happened to my daughter,” said parent Suzy Johnson.
The investigation into the shooting of an armed suspect by the Los Angeles County Sheriff’s Department in Norwalk Thursday evening is continuing, as another man was fatally shot in the incident.
Deputies opened fire on the suspect, who “committed a recent assault with a deadly weapon with a firearm and attempted carjacking in Norwalk,” three separate times before he entered a home in the 12100 block of Foster Road, the Sheriff’s Department said Friday in a press release.
The Biden administration has been quietly laying the groundwork to release prisoners from the Guantanamo Bay detention center and at least move closer to being able to shut it down. A review board that includes military and intelligence officials has now determined more than half of the 39 men held indefinitely without charge at the U.S. base in Cuba can now be safely released to their homelands or sent to another country. Decisions about several of these prisoners, including some denied under previous reviews, have come in recent weeks as the administration faced criticism from human rights groups for not doing more to close Guantanamo, releasing only a single prisoner over the past year.
A look at where things stand:
Never mind Bitcoin. How’d you like to own a piece of Batman? – KTLA