Superman is a character with supernatural powers. By adapting it to the comic book format, its authors Siegel and Shuster had the fruitful idea of transforming their monster originally derived from the Frankenstein story into a propagator of good, tireless defender of widows and orphans. Detective Comics agreed to exploit this innovative conception. An exclusive contract is signed.
An Action Comics # 1 in very good condition graded 9.0 by CGC was sold for $ 2,16M without any added buyer's fee by Comic Connect on 30 November 2011. This micro-market characterized by seeking the best possible condition is very similar to the T206 Wagner baseball card of which a copy has reached the same price level on March 29, 2013.
As it also sometimes happens for coins or bank notes, a few examples have qualities that outperform their certified grade. On August 4 in Dallas, Heritage sells at no reserve as lot 91001 an Action Comics # 1 only ranked FN - (lesser than Fine) 5.5 by CGC.
This copy is exceptional for its color brightness. The paper described between cream and off-white is close to mint condition and the staples are not oxidized. It has therefore already exceeded in its online bidding the reference baseline established at $ 465K for a slightly better Fine 6.0 condition. The press release of 15 July sets a target price at $ 750K.
Previously described as Apparent Very Fine 7.5 by the same certification grading office, it is hampered by a few wounds on margins and spine. A previous tentative to repair it had been undone without damage to the book, which brings to it the much appreciated Blue label granted by the CGC to unmodified authentic copies.
SOLD for $ 960K including premium