“I gave my daughter a promissory note for the money with a picture of the Spider-Man comic, which we can use to pay for a big part of the catering for her reception,” Richard Schaen, 69, told the Cleveland Plain-Dealer.
Schaen had bought the comic in 1963 at a Columbus drugstore for 12 cents. He had continued collecting comics up until adulthood when the birth of his daughter Jane (who is getting married) forced him to stop his comic book hobby.
“Comics had gone up to 75 cents by then and I was spending $40 a month,” he told the Plain-Dealer. “Also, it took two evenings a week to read the new comics and with a new baby in the house, I found myself stretched.”
Schaen however, kept his comics in the home. “I put them away for a rainy day,” he said. The Spider-Man comic was not in perfect condition, but was in good enough shape to contribute $7,000 towards the cost of the wedding.
Schaen, who found other valuable comics, including Daredevil #1 has begun selling off his entire collection to pay for improvements around the home he shares with his wife.