LOT #91255 |
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Action Comics #1 (DC, 1938) CGC Apparent VF 8.0 Moderate/Extensive (A-4) Cream to off-white pages....
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Sold on Aug 7, 2014 for:
$167,300.00
Bid Source: HA.com/Live bidder
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Description
Action Comics #1 (DC, 1938) CGC Apparent VF 8.0 Moderate/Extensive (A-4) Cream to off-white pages. A high-grade copy of the most desirable comic in the hobby, and an issue that most any follower of pop culture will recognize. Who wouldn't want the first appearance of Superman, and who wouldn't be impressed seeing it in your collection?Take a close look at our scan and we think you'll agree that the eye appeal backs up the Very Fine grade. An unrestored copy in this grade would sell for a million dollars or more, so the prospect of paying just a fraction of that for an appealing professionally restored copy such as this one is enticing indeed.
"The most important comic book ever published" was Overstreet's note about this issue some years ago, and no one has seriously disputed that claim in the ensuing years. By universal consensus it's the comic that started the Golden Age. Superman spawned many imitators, 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.
This copy has the distinction of being one of the first two comic books certified by CGC under the company's new restoration scale, which officially began on July 1, 2014. Please note that the A in A-4 noted above is not to be confused with the "A" meaning "amateur restoration" in the scale CGC has been using up to now. In the new scale, A means excellent quality (the best possible grade, with the worst being C) and 4 means "moderate/extensive" quantity (on a scale with 1 being the least amount of restoration and 5 the most).
CGC featured this comic in a press release that also listed the complete grader's notes, which are reproduced in their entirety here:
Grader Notes:
Bottom Front Cover Soiling
Bottom Interior Small Wraps Split/Splitting
Color touch (Acrylic or water color small area(s) Right Center front Cover A-1
Color touch (Acrylic or water color up to 1" x 1") Full Top Front Cover A-2
Color touch (Acrylic or water color up to 2" x 2") Interior A-3
Color touch (Acrylic or water color up to 4" x 4") Spine A-4
Cover cleaned (natural look and feel) A-1
Piece fill cover (leafcasting fill) Right Bottom Front Cover A-1
Piece fill cover (leafcasting fill) Spine A-1
Piece fill interior (leafcasting fill) A-1
Reinforced (wheat paste removable)) Centerfold A-1
For those unfamiliar with the term leafcasting, we'll note that this is a method of filling in the missing paper on a cover or page that has missing pieces.
On the label, CGC notes, "Restoration includes: color touch, cover cleaned, reinforced, cover leafcasting, interior leafcasting."
Since the Overstreet value for this issue might well jump by many thousands of dollars in the new edition that will be published after this catalog goes to press, please note that our online lot listing will be updated with the new Guide value within days after the July 23 publication of the book. Overstreet 2013 GD 2.0 value = $120,000; VG 4.0 value = $240,000; FN 6.0 value = $360,000; VF 8.0 value = $870,000. From the Down Under Collection.
CGC Grader Notes:
Bottom Front Cover Soiling
Bottom Interior Small Wraps Split/Splitting
Color touch (Acrylic or water color small area(s)) Right Center Front Cover A-1
Color touch (Acrylic or water color up to 1"" x 1"") Full Top Front Cover A-2
Color touch (Acrylic or water color up to 2"" x 2"") Interior A-3
Color touch (Acrylic or water color up to 4"" x 4"") Spine A-4
Cover cleaned (natural look and feel) A-1
Piece fill cover (leafcasting fill) Right Bottom Front Cover A-1
Piece fill cover (leafcasting fill) Spine A-1
Piece fill interior (leafcasting fill) A-1
Reinforced (wheat paste (removable)) Centerfold A-1
View the certification for CGC Certification ID 1200907001, including grader's notes if available and a link to the latest full census report for the issue.*
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information, which is provided as a service to our clients. Feel free to contact each data source directly to determine the accuracy of this information.
More information about Action Comics, and Action Comics #1 Comic Title.
View all of [The Down Under Collection ]
Auction Info
2014 August 7 - 9 Comics & Comic Art Signature Auction - Dallas #7097 (go to Auction Home page)
Auction Dates
August, 2014
7th-9th
Thursday-Saturday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 9,217
Buyer's Premium per Lot:
19.5% of the successful bid per lot.
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