A copy of Action Comics #1 in low-end "Good" condition is currently bidding at $78,000 (1:15p, CST) at ComicConnect. The picture shows a comic book with just about every imaginable defect one could conceive -- water and smoke damage, tape and ink on the front cover, a spine which appears to be split down the entire length of the magazine, you name it. Were you to unseal the slab, a Berni Wrightsonesque cloud of funk would strangle you to death on the spot.
With about 10 days left, the sale of this G- 1.8 CGC Action Comics #1 will be a key factor in determining the current comics value market.
© C Harris Lynn, 2010
A rambling melange of pop-culture.
Action Comics #1 sold for $116,000.00!
ReplyDeleteIt would take an accountant and a spreadsheet to tell you exactly what that means for comics values, but I am actually working on a database (for a single series) to see how that works, so maybe I'll be able to shed a little more light on this subject in a few months.
Still, for 1.8, that's a pretty healthy number! Some may argue that reprints haven't hurt the value of this particular comic book, but this is obviously an exception to that rule.