DescriptionSuspense Comics #3 Pennsylvania pedigree (Continental Magazines, 1944) CBCS VF/NM 9.0 White pages. This is the copy pictured in Gerber's Photo-Journal, a book that has been the subject of much speculation over the years! It's the highest grade yet assigned to a copy of Suspense Comics #3, by either of the top third-party grading services (CGC or CBCS). Of note is that there is no Mile High copy of this issue, and almost all of the other famous pedigree runs are missing it as well. The classic bondage cover by Alex Schomburg is what all the fuss is about, that and the scarcity of the issue, a Gerber "9" (Very Rare). This comic was a well-kept secret until it appeared on the frontispiece of Gerber's Photo-Journal Guide in 1990, causing demand to skyrocket.
It's telling to see the book's progression in the Overstreet Comic Book Price Guide over the years.
The 1983 Guide was the first to identify Suspense Comics #3 as a key, separate from the surrounding issues. At that time the top price was $60.
By 1995 the "classic cover" was noted and the top price was $2,000. But #3 had yet to crack the Top 100 Golden Age books list.
The 2008 Guide was the first to move Suspense Comics #3 into the top 50, putting it at #43. Top of Guide was $30,000.
The current 2015 Guide has it at #31 with top value $72,000.
As for the 2020 Guide? We can only speculate how far it will go!
We suspect that the issue may not have seen many newsstands because of its very controversial cover, accounting for its absence in many of the more famous comic hoards. You'll find our consignor Mr. Woo thanked in the acknowledgements of the Photo-Journal for all of the comics that he allowed Mr. Gerber to photograph. However, at the time the Photo-Journals were published Gerber himself was the owner of this copy which had previously also belonged to Bob Overstreet. Mr. Woo acquired it from Gerber, and treasured it so much that he never took it out of the mylar to handle it. We have heard different estimates of how many copies may exist, all extremely low numbers; the chances of a nicer copy ever surfacing strike us as unlikely. This book is one of Overstreet's Top 100 Golden Age Comics, and will most likely not be moving from that list any time soon! Bragging rights abound here, so bid accordingly. CBCS notes, "From the Personal Collection of Mister Magik Woo." Overstreet 2015 VF/NM 9.0 value = $54,000; NM- 9.2 value = $72,000. CGC census 6/15: 0 in 9.0, highest CGC copy to date is VF 8.0.
Mr. Woo has arranged for Heritage to donate a percentage of the proceeds from this lot directly to the Hero Initiative, a federally chartered, non-profit corporation solely dedicated to helping comic book creators in need.
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