Action Comics #1 (DC, 1938) CGC FN- 5.5 Cream to off-white pages.

Lot Number 91001
Author
Title

Action Comics #1 (DC, 1938) CGC FN- 5.5 Cream to off-white pages.

Year Published 1938
Place Printed
Printed By DC
Description Action Comics #1 (DC, 1938) CGC FN- 5.5 Cream to off-white pages. It's the holy grail of comic collecting, and we've never auctioned a higher-graded, unrestored copy! In the nearly 15 years since our first auction, we've offered a total of 18 complete copies of the iconic issue, but only nine of those had earned the CGC blue Universal label awarded to an unrestored copy. Besides its unquestioned rating as the most important comic book ever published, its rarity adds to the allure. According to CGC's census, just 37 copies have been certified with a blue label, and only eight of those graded higher than this one. The Photo-Journal Guide to Comic Books rates it a "7" or "scarce" on its scarcity index. The first appearance of Superman is also considered the first superhero comic, and while the first appearance of Batman (Detective Comics #27) and the first Timely/Marvel comic (Marvel Comics #1) have their ardent fans, there is no real question among Golden Age collectors which issue is the most important. Silver Age fans point to other latter-day superheroes, but all superheroes owe their popularity, if not existence, to the coming of Superman. The colors on the cover of this copy are particularly bright, and the staples are rust free. If it weren't for the spine split at the bottom (about 1-1/2" inches), the book would no doubt grade higher. It has a slight 1" or so crease in the top right corner of the book, near the "N" in "Action." There's a little pencil scribble in the top left, underneath the "No. 1," and a little edge damage at the top left corner of the book. There are some minor color breaks due to creases at the top right corner of the book. Page quality on the interior is Cream to Off-White. All of these are minor flaws when you take the book as a whole, and it really "pops" in the new CGC holder. It's a striking copy that absolutely "wows" when you hold it in your hand. This copy was previously certified Apparent 7.5 by CGC, with tear seals being the only restoration noted. The tears at the top and bottom of the spine had been sealed using an archival quality glue, which bonded to the spine without degrading the integrity of the paper. The book was recently submitted to Classic Collectible Services (CCS), who were able to safely remove the glue, returning the book to its former state. Matt Nelson, Primary Grader of CGC, commented: "Having seen many Action #1's over the years, I am deeply impressed with this copy's eye appeal.The book presents as a considerably higher grade than 5.5, lacking the usual fading, staining or creasing commonly seen on mid grade copies. White and bright, this Action #1 is one of the best looking among the remarkably rare pool of unrestored copies in the world." It's currently rated the most valuable comic of all by The Overstreet Comic Book Price Guide -- by far, and the margin between it and the next most valuable comic books is widening. Overstreet 2015 FN 6.0 value = $465,000. CGC census 7/16: 2 in 5.5, 8 higher.
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Provenance
Estimated Price Not Available
Actual Price USD 956,000.00

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AUCTION DETAILS

Auction House Heritage Auctions
Website http://www.HA.com/Books/?type=americanaexchange-C1A4-042010
Auction Name Comics
Sale Number #7139
Auction Date August 4, 2016 - August 5, 2016
Sale Name Comics
Total Lots 1246
Description of Sale

Post Sale Description

Book Images 7fd9b4d8-e662-4ad4-9aa1-d3de547368ae
  • <b>19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop:</b> Exodus 10:10 to 16:15. Complete Biblical scroll sheet in Hebrew, a Torah scroll panel. Middle East, ca. 10th or 11th century.
    <b>19th Century Shop:</b> Copernicus Refuted. (Astronomy.). Scientific manuscript of a course of studies at Collège de la Trinité, Lyon. 1660s.
    <b>19th Century Shop:</b> Israel’s War of Independence and the Early Days of the IDF. 58 photographs presented to Israel Ber, IDF officer and later convicted spy.
    <b>19th Century Shop’s Catalog 170 Great Books and Photos. Please inquire for a copy.</b>
    <b>19th Century Shop:</b> Early Unpublished Darwin letter on the races of man. Autograph Letter Signed [to Henry Denny]. Down, Kent, June 1, [1844].
    <b>19th Century Shop:</b> Classic Image of American Slavery. Kimball, M. H. <i>Emancipated Slaves</i>. New York: George Hanks, 1863.
    <b>19th Century Shop:</b> (Underground Railroad.) Scaggs, Isaac. Important Runaway Slave Poster: $500 Reward Ran away, or decoyed from the subscriber…
  • <b>Swann Auction Galleries Aug 2: Vintage Posters</b>
    <b>Swann Auction Galleries Aug 2:</b> <i>Keep Calm and Carry On</i>, designer unknown, 1939. $12,000 to $18,000.
    <b>Swann Auction Galleries Aug 2:</b> Théophile-Alexandre Steinlen, <i>Le Journal / La Traite des Blanches</i>, 1899. $3,000 to $4,000.
    <b>Swann Auction Galleries Aug 2:</b> <i>"Let Us Go Forward Together,"</i> designer unknown, 1940. $2,000 to $3,000.
    <b>Swann Auction Galleries Aug 2: Vintage Posters</b>
    <b>Swann Auction Galleries Aug 2:</b> Henri de Toulouse-Lautrec, <i>Babylone d'Allemagne</i>, 1894. $20,000 to $30,000.
    <b>Swann Auction Galleries Aug 2:</b> Frank Beatty, <i>Out of the Running</i>, 1929. $2,000 to $3,000.
    <b>Swann Auction Galleries Aug 2:</b> James Montgomery Flagg, <i>Wake Up America Day</i>, 1917. $4,000 to $6,000.
    <b>Swann Auction Galleries Aug 2: Vintage Posters</b>
    <b>Swann Auction Galleries Aug 2:</b> <i>Danté / Sim • Sala • Bim!</i>, designer unknown. $12,000 to $18,000.
    <b>Swann Auction Galleries Aug 2:</b> Alphonse Mucha, <i>[Zodiac]</i>, 1900. $12,000 to $18,000.
    <b>Swann Auction Galleries Aug 2:</b> Rick Griffin, <i>Jimi Hendrix Experience / John Mayall</i>, 1968. $8,000 to $12,000.
    <b>Swann Auction Galleries Aug 2: Vintage Posters</b>
    <b>Swann Auction Galleries Aug 2:</b> Abram Games, <i>Join the ATS</i>, 1941. $3,000 to $4,000.
    <b>Swann Auction Galleries Aug 2:</b> Aldo Mazza, <i>Torino / Esposizione Internazionale</i>, 1911. $3,000 to $4,000.
    <b>Swann Auction Galleries Aug 2:</b> Robert Motherwell, <i>Julliard School / Dedication - Lincoln Center</i>, 1969. $3,000 to $4,000
  • <b>Bonhams, inviting consignments for Sep 27:</b> Newton. <i>Philosophiae naturalis principia mathematica</i>. London, 1687.
    <b>Bonhams, inviting consignments for Sep 27:</b> Josephus. <i>De antiquitate Judaica.</i> Lubeck, 1475-76.
    <b>Bonhams, inviting consignments for Sep 27:</b> Carlerius. <i>Sporta fragmentorum, Sportula fragmentorum</i>. Brussels, 1478-79.
    <b>Bonhams, inviting consignments for Sep 27:</b> Fridolin. <i>Der Schatzbehalter</i>. Nuremberg, 1491.
    <b>Bonhams, inviting consignments for Sep 27:</b> Pinder. <i>Der beschlossen gart des rosenkrantz marie</i>. Nuremberg, 1505.
    <b>Bonhams, inviting consignments for Sep 27:</b> Isidorus Hispalensis. <i>Synonyma de Homine</i>. Nuremberg, 1470-71.
    <b>Bonhams, inviting consignments for Sep 27:</b> Durer. Sammelband including <i>Underweysung der messing</i>. Nuremberg, 1525-29.
  • <b>TO AKABA! T.E. Lawrence and the Arab Revolt. Books, manuscripts and pictures. On exhibition 16 to 24th July at Maggs' new premises 48 Bedford Square.</b>
    <b>TO AKABA! T.E. Lawrence and the Arab Revolt. Books, manuscripts and pictures. On exhibition 16 to 24th July at Maggs' new premises 48 Bedford Square.</b>
    <b>TO AKABA! T.E. Lawrence and the Arab Revolt. Books, manuscripts and pictures. On exhibition 16 to 24th July at Maggs' new premises 48 Bedford Square.</b>
    <b>TO AKABA! T.E. Lawrence and the Arab Revolt. Books, manuscripts and pictures. On exhibition 16 to 24th July at Maggs' new premises 48 Bedford Square.</b>
    <b>TO AKABA! T.E. Lawrence and the Arab Revolt. Books, manuscripts and pictures. On exhibition 16 to 24th July at Maggs' new premises 48 Bedford Square.</b>
    <b>TO AKABA! T.E. Lawrence and the Arab Revolt. Books, manuscripts and pictures. On exhibition 16 to 24th July at Maggs' new premises 48 Bedford Square.</b>
    <b>TO AKABA! T.E. Lawrence and the Arab Revolt. Books, manuscripts and pictures. On exhibition 16 to 24th July at Maggs' new premises 48 Bedford Square.</b>