The Insider Guide to Comic Book Values, Buying and Selling for Collectors and Investors
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On the heels of two million dollar sales in February, the highest graded copy of Action Comics #1, CGC 8.5, sold on comicconnect.com for $1.5 million. You can read more about this comic here.
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.
What a February it has been. 2 Comics and over $2 million realized. Yes, you heard it correct. What recession? Earlier this month and Action Comics #1 sold for $1 million and now, on February 25th, a CGC 8.0 copy of Detective Comics #27, the first Batman, sold for $1,075,000.00 – truly amazing.
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.
Well comic book fans, it’s been done. A comic book that sold for a mere 10 cents on the newsstand has sold for $1 million.
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
