"Batman's" Gotham Was... Scott Snyder and Greg Capullo
The owners of Metropolis Collectibles and ComicConnect, who in August paid a record $3.2 million for a pristine copy of Action Comics #1, will display “the Holy Grail of comic books” on Thursday at their New York Comic Con booth (#2630). Alas it’s only on Thursday.
The first comic to fetch more than $3 million at auction, the issue is one of just two copies of 1938’s Action Comics #1 — featuring the first appearance of Superman — to be graded 9.0 by the Certified Guaranty Company (the other is the comic once owned by actor Nicolas Cage, which sold in 2011 for a then-record $2.16 million; however, its pages aren’t considered “pristine”). Only about 30 unrestored copies of Action Comics #1 are thought to exist.
This copy was acquired several years ago in a private sale by Darren Adams of Pristine Comics in Federal Way, Washington, and stored a temperature-controlled vault. He said the original owner bought the comic from a newsstand in 1938, and then kept in a cedar box for about four decades until a local dealer in West Virginia purchased it in an estate sale. The issue then passed to a third person, who held onto it for 30 years. Adams said he turned down an offer of $3 million, and instead opted to sell the comic in a highly publicized eBay auction.
A Golden Age comics collection that included a pristine copy of 1940′s Flash Comics #1 sold this week in an online auction for a combined $1.5 million, The Associated Press reports, exceeding early expectations.
Kentucky insurance executive John C. Wise put up for sale about 175 comic books, including the first issues of Action Comics, All Star Comics, Marvel Comics, Archie Comics and Wonder Woman, as well as Detective Comics #27, the first appearance of Batman.
The CGC-graded 9.2 copy of Flash Comics #1, featuring the debuts of Jay Garrick, Hawkman and Johnny Thunder, fetched the top price with a winning bid of $182,000. Online auction house ComicConnect.com described it as “the second-best copy known to exist.”
It was followed Tuesday by a CGC-graded 7.0 copy of Action Comics #1 and an 8.0 copy of Detective Comics #27, which fetched $172,000 and $137,000, respectively. A near-mint copy of Marvel Comics #1, which introduced the Sub-Mariner and the Human Torch, sold for $95,000, while the first appearance of Captain Marvel in Whiz Comics #2 went for $86,000.
Although most of the landmark comics have already sold, bidding remains open on hundreds of issues (some of which push into the Silver Age).
Wise, 63, plans to use the proceeds from the auction to buy a new home in San Diego and to pay the college tuitions of his seven grandchildren.
Among the about 175 comics being sold by John C. Wise through ComicConnect are Action Comics #1, All Star Comics #1, Detective Comics #27, Marvel Comics #1, Archie Comics #1 and Wonder Woman #1. However, the jewel of the collection may be a pristine copy of 1940’s Flash Comics #1, featuring the first appearances of Jay Garrick, Hawkman and Johnny Thunder.
“This copy is in incredible high-grade condition and is the second-best copy known to exist,” ComicConnect co-owner Vincent Zurzolo told The Associated Press. The current bid for the CGC-graded 9.2 copy of Flash Comics #1 is $91,000; the 7.0 copy of Action Comics #1 is at $75,000.
The record price paid at auction for a comic book is held by a near-mint copy of Action Comics #1, which fetched $2.16 million in 2011.