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Action Comics No. 1 Graded CGC 6.0 Up For Auction

JackWESQJackWESQ Posts: 2,133 ✭✭✭
in Trading Cards & Memorabilia Forum
CNN.com is reporting that a copy of Action Comics No. 1 is going up on the auction block. This article here says the auction will start at $1.00 (nice) and is being auctioned off by ComicConnect. It's a rough economy, but I could still see that comic going for over $500,000.00.

/s/ JackWESQ

Direct Auction Link w/ Image of Comic (Is that handwriting next to the "A" in Action?)
image

Comments

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    schr1stschr1st Posts: 1,677 ✭✭
    Is that the highest graded copy known?
    Who is Rober Maris?
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    JackWESQJackWESQ Posts: 2,133 ✭✭✭
    Wikipedia says "There are five known CGC Graded copies with a grade above VG (CGC 4.0), with a single issue having the best grade of VF+ (CGC 8.5). There are at least two known uncertified copies in higher grade, including the famous Edgar Church/Mile High copy."

    But the CGC 8.5 is a RESTORED copy, to wit:

    2008 Auction for Action Comics No. 1 CGC 8.5 Restored

    image

    /s/ JackWESQ
    image
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    nightcrawlernightcrawler Posts: 5,110 ✭✭
    Wow, I'd love to have that comic.


    Very cool.
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    VitoCo1972VitoCo1972 Posts: 6,127 ✭✭✭
    I haven't been a comic guy since I was 12, but comic grading is weird to me. At least with card grading you can see the whole card. When you grade a comic it's never to be read again...PLUS, what's the deal with "restored" grades. Wouldn't it be dumb if PSA allowed "restored PSA 10's". Just seems like the whole rarity of the book being in original mint condition is lessened if it's restored.
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    neenishneenish Posts: 559 ✭
    There's a Blue Label Universal CGC 8.5 Action Comic in the census as well..... I think there is also a new CGC 6.5 that just popped up recently.
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    vladguerrerovladguerrero Posts: 4,077 ✭✭✭
    They pop up on eBay all the time...
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    AllenAllen Posts: 7,165 ✭✭✭
    Really, these are common on eBay?
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    MorgothMorgoth Posts: 3,950 ✭✭✭
    Well comics are different than cards. People restore photos and paintings all the time and if they are rare they still bring big dollars. Obviously unrestored is better but in that industry it is accepted so most of the time nobody tries to hide it to the extent they do in cards. I am sure cover replacing, staple replacement and bleaching are easy to spot.
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    IchiroDeportedIchiroDeported Posts: 1,610 ✭
    It will bring strong money in that grade. If my grandma hadn't sent all my mom's comics to the dump when they moved, I'd have inherited quite a collection!
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    Bosox1976Bosox1976 Posts: 8,536 ✭✭✭✭✭
    $317,200
    Mike
    Bosox1976
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    JackWESQJackWESQ Posts: 2,133 ✭✭✭
    I guess it is a rough economy. Action Comics #1 CGC 6.0 sold for $317,200.00. I estimated over $500,000.00.

    /s/ JackWESQ
    image
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    IchiroDeportedIchiroDeported Posts: 1,610 ✭
    yep even the rich and affluent are clutching their money a little tighter these days. Guess they lost too much in their AIG shares or their buddy madoff...
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