A Kentucky man who hoped to sell his comics collection in order to help send his grandkids to college will probably be able to afford a semester or two. The collection, which included an Action #1, Detective #27 and Marvel Comics #1, sold for $1.5 million.
A comic from 1940 with the first appearance of Flash claimed the top individual price of $182,000. First issues of Superman and Batman from the same era sold for $172,000 and $137,000 in the offerings that ended Tuesday. His issue of the first-ever comic from Marvel sold for $95,000.
The auction was run by ComicConnect.com,
Flash #1 = 9.2
Action #1 = 7.0
Detective #27 = 8.0
Marvel Comics #1 = 9.4 (!!)
http://www.comicconnect.com/load_page.php?page=The_John_Wise_Collection
How the hell did Action #1 and Detective #27 sell for such low prices, even in those conditions?
From Heritage Auctions:
Detective Comics #27 (DC, 1939) CGC VF 8.0 Off-white to white pages….
Sold for: $1,075,500.00 (includes BP ) February 2010
Marvel Comics #1 Pay Copy (Timely, 1939) CGC VF/NM 9.0 Off-white pages….
Sold for: $204,999.99 2007
Sold for: $227,050.00 Feb 2010
Action Comics #1 Billy Wright pedigree (DC, 1938) CGC GD/VG 3.0 Off-white to white pages….
Sold for: $298,750.00 (2012)
Sold for: $388,375.00 (2013)
Action Comics #1 Court Copy (DC, 1938) CGC Apparent FN+ 6.5 Moderate (P) Off-white pages…. [copyright trial exhibit]
Sold for: $143,400.00 (2010)
I think, for high-grade key issues, Heritage Auctions is probably the better auction house. For those titles, they host traditional auctions, usually every two months.
Wait a year… someone will probably flip these.
Comments are closed.