Check out some of the latest video game comic book prices:

The $1.5 Million Comic:

If you want to get an idea of how Action #1 has performed as an investment, take a look the data below for sales from 2004 to 2009 (3 Sales of a CGC 2.5 Certified copy). It will be interesting to see how this high grade sale will affect lower grade prices.

The comic book sold at Heritage Auctions in Dallas and you can view a scan of the comic book below. This is a beautiful copy. Speaking of condition, what does a little restoration do to a comic book even if the apparent grade is higher? Well, a Detective #27 in CGC 8.5 apparent grade with restoration sold for 66,920.00 – quite a difference.

Yes that is correct, 1 Million Dollars.

The book in question is a CGC 8.0 copy of Action Comics #1, the first appearance of Superman. The book was sold through comicconnect.com, the online presence of Metropolis Comics. You can see a scan of the comic book below.

This comic was held in a private collection for the last 15 years and is one of the highest graded copies in existence. It has off-white pages and is one of about 100 known copies.

Action Comic 1 The Million Dollar Comic Book

In the January 31 Heritage Auction a Contact #11 CGC 8.5 (VF+) sold for $239.00.

But a Contact #11 CGC 7.0 (FN/VF) sold for $896.25! (See the issue here)

Why would a later issue in lower condition sell for such a premium? The artist with a famous cover! Issue #12 has a cover by L.B. Cole that is noted as one of his most interesting. He also was part of #11 but for whatever reason the science fiction cover of #12 is more popular.

The lesson here is a particular artist can have a great affect on the price of a comic book. Look for first artwork, generic work, and “famous covers” from the artist for issues that rise above the usual prices.

In this article you’ll discover the, well, hazy truth about signed comic books.

I have to admit, I get a fair share of questions about how much a signed copy of a specific comic book issue is worth. Most people are familiar with signed books, sports memorabilia and pop culture items, so they logically assume comic books would be the same. Unfortunately, for the reasons we’ll discuss here, the trend does not continue in this hobby.

Before we get into the “why” and details of the situation I am going to be blunt, the chances of a signed comic book being worth more than an unsigned issue are very slim, and in many cases the signature may actually hurt the value. There is no price guide or established value increase for signatures, so every example ends up being unique. The only place you can start is with the standard comic book value steps, and then see what your particular comic will sell for in the marketplace. Be warned, it could be less than an unsigned issue (but it could be more, who knows)! That’s the simple truth.

But why is this?

The comic book hobby has its own subtleties, and this is one of them. First, for the most part we have no way of knowing whether the signature is genuine. Most collectors don’t want to take the time to have it authenticated and if it is a forgery guess what? You now have a comic book that is ruined because is has been written on by what may as well have been a 7 year old kid in crayon (more on this in a second)! An unauthentic signature is considered a condition flaw.

One way to help ensure the authenticity of a signature is to take a picture of yourself with the writer or artist as they sign the book. The second option is to attend one of the CGC Signature Series events, usually held a major convention. You can also buy these books on the secondary market and they are signified by their yellow “Signature Series” tag (see the picture below). You could also get lucky and find an expert to authenticate your comic signature.

CGC Signature Series Comic Book Label

If you have assured the authenticity of your signed comic book through one of the above methods you then have to find a buyer who not only wants the specific comic book you are selling, they also want it signed. This is why the value or selling price is an unknown quantity. When you attempt to make sale in any collectible market you are selling to a limited group – a subset of the population that collects your item, wants the specific item you have, want it in that condition, and have the money to purchase it. The signature limits that market a little more. Does someone out there meet all the criteria to purchase your signed book? You can see why this is an unknown, it is just such a small subset of the hobby. The only way to truly find the current value of the book is to attempt and sell it and see how it goes, there are no established guidelines.

Now let’s talk about one more strange part of the comic book collecting hobby. Remember earlier in this article I joked about a 7 year old kid writing his name on a comic book? Well, it just so happens that in some cases a specific kid writing his name on an old comic book can make it worth several times the price of similar comics – they are called pedigrees! The most famous example is probably the Larson collection, but that is a tale for another day.

To wrap this up, if you have a signed comic book, take a look at the value for an unsigned example as a starting point and hope for the best with your issue!

The Top 10 Golden Age Comic Books according to the Overstreet Comic Book Price Guide:

Action Comics 1 – First Superman
Detective Comics 27 – First Batman
Marvel Comics 1- First Timely with Human Torch and Submariner
Superman Comics 1 – First self title issue
All American Comics 16 – First Green Lantern
Batman 1- First self title issue
Captain America Comics 1 – First Captain America
Flash Comics 1 – The Flash
More Fun Comics 52 – First Spectre
Adventure Comics 40 – Sandman begins

We have several strategies you can use to try and find these comics at a discount. Click here to check them out!

Here are some of the latest Top 10 Golden Age Comic Books For Sale:

Eventually something has to give in – either prices or selling by the hoarders.

I have my own thoughts on the matter (to be discussed in an upcoming article), but if you want to read Chuck’s opinions, you can read them at Tales from the Database.

Total sales for the auction were more than $3.69 million. The market for high end comic collectible comic books is still going strong!

One of the “grails” for Disney and Donald Duck collectors is issue #222. Many of you remember the packs of Whitman comic books found in grocery stores that were abused and overlooked. Now, Donald Duck 222 had risen from the racks to be worth a small fortune. The Overstreet Comic Book Price Guide lists the book for $310 in NM 9.2 condition. The latest results I’ve seen have it selling for about $260-$330 over the last few years.

Take a good look at the cover scan below and keep your eyes out for this hidden treasure!