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Lot 91001 |
Action Comics #1 Billy Wright pedigree (DC, 1938) CGC GD/VG 3.0 Off-white to white pages....
2012 February 22-24 Vintage Comics & Comic Art Signature Auction - New York #7054
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Bid Information
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It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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Consignor Has Not Yet Submitted a Reserve:
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Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Opening Bid:
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What's This?
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% (minimum $40 per lot) of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 19.5% of the successful bid (minimum $14) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
[+] Extended Payment Plan Details
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Extended Payment Plan for Heritage Owned Inventory Items
(excludes Virtual Bourse, Comic Market and Virtual Sports Show)[+] Extended Payment Plan Details for Heritage Owned Inventory Items
- Minimum invoice total is $2,000.
- You may take up to 6 months to pay the balance (monthly payments of at least 1/6th of invoice total).
- Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.
- Minimum down payment is 20%.
- Payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- Payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, bank draft, bank wire or PayPal.
- There is no penalty for paying off early.
- Non-dealers only
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.
SMS Alerts
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Receive a text message approximately 35 lots ahead of your item being up for bidding at auction, with a link to bid in Heritage Live in the text message. Haven't registered? Visit MyProfile to sign-up for free by entering your mobile number. The green icon indicates Live Bidding Text Alerts are on for that lot. Live Bidding Text Alerts are only available for lots in live sessions.
| Sold for: | Sign-in or Join (free & quick) |
| Resold for: | Sign-in or Join (free & quick) |
| Auction Ended On: | Feb 22, 2012 |
| Item Activity: |
20 Internet/mail/phone bidders
 9,384 page views |
| Location: |
Ukrainian Institute of America at The Fletcher-Sinclair Mansion 2 East 79th Street New York, NY 10075 |
This is the first appearance of Superman, and it's the comic that started the Golden Age. If you browse the rest of the Billy Wright collection in this catalog you'll see the difference between the 1936-37 comics offered and the comics that came later. Superman spawned many imitators (again many of which can be seen on these pages), and the character's runaway success established DC as one of the top publishers, a status it has never lost. This first Superman story, written by Jerry Siegel and drawn by Joe Shuster, also briefly tells the origin of the character.
Given the price of an Action #1, the key factor is how well the comic presents in the holder. Some of the copies In this grade range that have come on the market have had a defect such as being hole-punched, having a large missing chunk, or being water-stained. No such glaring defect hampers this solid copy. The spine of the book will no doubt be the topic of some discussion, so we'll note that this copy has a 1" spine split at the top and a 3.75" spine split at the bottom. While the latter extends past the bottom staple, note that the back cover is attached to that bottom staple.
That aside, we think you'll agree the copy has more than enough "pluses" to bestow serious bragging rights upon the winning bidder.
Overstreet 2011 GD 2.0 value = $90,000; VG 4.0 value = $180,000. CGC census 2/12: 4 in 3.0, 21 higher.
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Service and Handling Description: Comics - Slabbed (certified) (view shipping information)
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Download the 2012-13 Overstreet Comic Book Price Guide, 42nd Edition.
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