EX1A-13 TST WTRS 14 rsecex13z13.htm TESTING THE WATERS MATERIALS RELATING TO SERIES #BATMAN RSE Collection. Testing the Waters Materials Related to Series #MEEB7985 (06288838).DOCX

Testing the Waters Materials Related to Series #BATMAN

From the Rally App:

Picture 14 

Picture 16 

Picture 18 

2 

Picture 3 

Picture 17 

3 

Picture 21 

Picture 22 

The interactive Comparable Asset Value Chart (the “Chart”) plots historical sales of assets comparable to the Underlying Asset, showing price values on the vertical axis against time on the horizontal axis.  The prices reflected on the Chart are not adjusted for inflation.  Users of the Platform can opt to display varying ranges of time on the Chart’s horizontal axis, from one month to one year or longer to the extent such data are available.  If multiple comparable asset sales occurred on a single day, the Chart provides an average for that day.  By hovering over the points on the Chart, users can view price and date of sale represented by each point.  The table below sets forth the data points plotted in the Chart.

4 

Comparable Asset

Date

Sale Price

Source/ Sale Venue

Batman # 1 (CGC 8.0)

7/4/2002

$57,500.00

Heritage

Batman # 1 (CGC 8.0)

5/31/2008

$100,000.00

GPAnalysis

Batman # 1 (CGC 8.0)

11/7/2009

$100,000.00

ComicLink

Batman # 1 (CGC 8.0)

4/18/2012

$175,365.00

ComicConnect

Batman # 1 (CGC 8.0)

12/14/2016

$390,000.00

ComicConnect

Batman # 1 (CGC 8.0)

9/10/2019

$498,000.00

ComicConnect

Batman # 1 (CGC 8.0)

4/16/2021

$1,207,500.00

ComicConnect

Batman # 1 (CGC 8.0)

9/18/2021

$1,440,000.00

Goldin

 

 

Picture 23 

5 

Picture 24 

Picture 25 

6 

Picture 26 

7 

Picture 27 

Picture 28 

8 

Picture 1 

9 

DESCRIPTION OF SERIES 1940 BATMAN #1 COMIC BOOK

Investment Overview

 

·Upon completion of the Series #BATMAN Offering, Series #BATMAN will purchase a 1940 Batman #1 Comic Book published by DC Comics graded CGC 8 as the Underlying Asset for Series #BATMAN (The “Series 1940 Batman #1 Comic Book” or the “Underlying Asset” with respect to Series #BATMAN, as applicable), the specifications of which are set forth below. 

·DC Comics was founded in 1934 by Major Malcolm Wheeler-Nicholson, originally called National Allied Publications. 

·Batman is a fictional superhero in the DC Comics Universe, first appearing in Detective Comics #27 in May 1939. 

·The Underlying Asset is a 1940 Batman #1 Comic Book published by DC Comics graded CGC 8. 

 

Asset Description

 

Overview & Authentication

 

·The Golden Age of Comics refers to an era of comic publishing in post-depression America that gave rise to the success of comic book heroes like Superman, Batman, Captain Marvel and The Flash. Sales and popularity increased during World War Two, as they were cheap and featured patriotic stories of pro-American heroes, in some cases literally fighting the Axis Powers. 

·Batman, created by Bob Kane with Bill Finger, was first introduced in 1939 in Detective Comics #27. 

·The first self-titled Batman comic book debuted on March 31, 1940. 

·According to Quality Comix: In Spring of 1940, Batman #1 was published and introduced new characters into Batman's pantheon, most notably those of Selina Kyle, a.k.a. the Catwoman (although initially she was just called the Cat), The Joker, who of course would become Batman's nemesis and Alfred Pennyworth, the Wayne family butler, was introduced in issue #16 soon after. Other Villains which debuted during this early era included the Mad Hatter and Killer Moth in issue #49 and #63 respectively. It would soon become a collaborative effort to produce such prodigious content on a consistent basis. Although he was the creation of Bob Kane and Bill Finger it would take a steady stream of some of the Golden Age's finest artists and writers to keep the Caped Crusader's stories fresh and full of suspense and fear.” 

·According to CGC Comics: “Golden Age comic books featuring Batman and Superman have wrestled over the years for honors as the most-prized.” 

·The Batman comics have since spawned a media franchise that has generated over $25 billion in revenue. 

·The Dark Knight film trilogy earned over $2,400,000,000 at the worldwide box office. 

·The Underlying Asset has been authenticated by Certified Guaranty Company (CGC) an issued a grade of CGC 8.0 with certification No. 1419501001. 

 

 

Notable Features

 

·The Underlying Asset is a 1940 Batman #1 Comic Book published by DC Comics graded CGC 8. 

·The Underlying Asset is 1 of 6 1940 Batman #1 Comic Book examples graded CGC 8 with 7 graded higher. 

 

Notable Defects

 

·The Underlying Asset’s condition is consistent with its condition grade from CGC. 

10 

Details

 

Series 1940 Batman #1 Comic Book

Title

Batman #1

Key Issue

First ongoing Batman comic series First appearance of The Joker; First appearance of Catwoman

Store Date

March 31, 1940

Cover Price

$0.10

Publisher

D.C. Comics

Writer(s)

Bill Finger, Paul Gustavson, Guy Monroe, Whitney Ellsworth, George Shute, Bob Kane

Cover Artist(s)

Bob Kane, Jerry Robinson

Penciller(s)

Bob Kane

Inker(s)

Sheldon Moldoff, Jerry Robinson

Editor

Whitney Ellsworth

Rarity

1 of 6 (CGC 8.0)

Authentication

Certified Guaranty Company (CGC)

Grade

8

Certification No.

1419501001

 

 

Depreciation

 

The Company treats Memorabilia Assets as collectible and therefore will not depreciate or amortize the Series 1940 Batman #1 Comic Book going forward.

11