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    Adventure Comics #40 (DC, 1939) CGC FN/VF 7.0 Cream to off-white pages. This book is the scarcest of the DC keys, and one of the ten most valuable comic book issues in the hobby!

    CGC has certified just 11 unrestored copies of the book as of this writing (for comparison's sake, 25 unrestored Action #1s have been certified).

    The debut of the Sandman in Adventure, this is the first superhero issue of one of DC's earliest and longest-running books. Creig Flessel's famous cover art only adds to the appeal. Overstreet once noted the Sandman's significance as "a transition crime fighter who stuck tenaciously to the trusty regalia of the pulp heroes," and when one compares this book's July 1939 cover date to key books like the aforementioned More Fun #52 and All-American #16 (both from 1940), its place in DC history becomes apparent.

    The early date means this book is also lacking in most of the well-known pedigree collections. To the best of our knowledge, the restored Mile High copy is the only pedigree copy certified by CGC to date. Overstreet 2009 FN 6.0 value = $16,200; VF 8.0 value = $40,500. CGC census 1/10: 2 in 7.0, none higher. From the Pinnacle Hill Collection.

    View the certification for CGC Certification ID 0700764001 and purchase grader's notes if available.

    More information about Adventure Comics, and Adventure Comics #40.

    Auction Info

    Auction Dates
    February, 2010
    25th-27th Thursday-Saturday
    Bids + Registered Phone Bidders: 23
    Lot Tracking Activity: N/A
    Page Views: 6,531

    Buyer's Premium per Lot:
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    I have done a preliminary analysis and the total of the hammer prices was $67,550. With BP, the final figure was $80,722.25. That is against the total insurance value of $34,785 or 2.32 x ‘pre-auction estimate’. Incredible, really, so a big thanks.
    Mark A.,
    Stratford-Upon-Avon, UK
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