On Thursday, August 4, 2016, a copy of Action Comics #1 with the first appearance of Superman quickly flew past the $750,000 estimate to sell for close to $1 million at Heritage Auctions. As part of their Comics & Comic Art Signature Auction, Heritage sold the 1938 comic, graded 5.5 by CGC, for $956,000. It set a new record for sale of Action Comics #1 at Heritage.
“As the bidding went higher and higher we were grateful bidders recognized this copy as the gem it truly is,” said Lon Allen, Managing Director of Comics & Comic Art at Heritage. “Few copies of this comic survive, let alone come to auction with such a bright cover. It displays beautifully.”
Action Comics #1 was originally sold on comic racks for just 10¢ in June 1938. There are only about 100 copies currently known to exist.
The copy that sold on Thursday was part of a collection that was purchased from a dealer in the 1990s for $26,000. Allen also stated that the copy likely drew intense bidding because it is very attractive for the grade.
“As the bidding went higher and higher we were grateful bidders recognized this copy as the gem it truly is,” said Lon Allen, Managing Director of Comics & Comic Art at Heritage. “Few copies of this comic survive, let alone come to auction with such a bright cover. It displays beautifully.”
Action Comics #1 was originally sold on comic racks for just 10¢ in June 1938. There are only about 100 copies currently known to exist.
The copy that sold on Thursday was part of a collection that was purchased from a dealer in the 1990s for $26,000. Allen also stated that the copy likely drew intense bidding because it is very attractive for the grade.
No comments:
Post a Comment