Monday, August 18, 2014

Action Comics #1, a bidding paradise

Bidding on SuperMan's first appearance 

Or

When a million dollars is not enough. 


Austin Powers had Dr. Evil hold the earth ransom for 1 million dollars. He was corrected by one of his henchmen, it wasn't enough. One of the greatest financial decisions you could make is when you finance a car or a house, but now you can add buying a comic book to the list. With 6 days left the highest graded copy of Action Comics #1 has already surpassed 1.75 million, $550,000 more than what I told my coworkers I bid. 

Of course, this is a book I could never afford, and I'm ok with that. I do find the quality of such an old book to be amazing. I can almost imagine Paul calling out to his peers, "Guys, you have to see this". 

The oohs and aahs would begin. Was it passed around, or was it limited to the rule if three. I even see upper management joining in the historic event, because grading a very fine to near mint book from 1938 is something worth bragging about, and CGC graded two. 


The issue is iconic. A book that, if never created, could have stunted the comic books we know and love today. The two oldest comic books I had the luxury of being so close to was while I was at CGC. And I will remember them, but the room did not jump in excitement, as much as I think they did with this one. As I mentioned, I will never own one, but I will get caught up in the excitement of knowing something this great is up for bid. Even Matt Nelson expressed his exuberance over it. He even mentions how it came across his desk which makes me wonder, was it pressed?

I'm guessing the book will hit 3.1 million. Which means I'm $3,099,999 shy. Of course I would love a Detective 27 to be found in the same grade, to give this Action Comics book a run for its money.


Thanks for Reading

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