“We’re seeing it more and more as copies of Action Comics #1 either disappear from the market or are simply priced too high for even some of my well-heeled clients, investment collectors are jumping on Superman #1 in record numbers,” Vincent Zurzolo, ComicConnect COO said.
ComicConnect auctioned four copies in their recent Event Auction. A Superman #1 CGC 1.0 sold for $110,000 while a CGC 8.0 with moderate professional restoration went for $150,555, a CGC 7.0 with moderate to extensive restoration sold for $67,000, and a coverless copy hammered at $14,200. “I keep thinking, these numbers are crazy,” Zurzolo continued. “But, this is the reality of today’s market and these are the prices the scarcity of the comic is demanding.”
Superman #1 wasn’t the only high seller in ComicConnect’s Event Auction. Top Golden Age sales were Action Comics #21 CGC 8.5 $22,566, All-American Comics #16 CGC 6.5 R $36,002, All Star Comics #8 CGC 5.5 $87,000, Archie Comics #1 CGC 2.5 $23,500, Archie Comics #1 CGC 4.0 $24,500, Batman #1 CBCS 4.0 R $20,500, Batman #1 CGC 7.5 R $35,500, Detective Comics #27 CGC 0.3 $22,051, Detective Comics #69 CGC 6.5 $29,500, Pep Comics #22 CGC 8.0 $252,100, Seven Seas Comics #6 CGC 9.4 $25,000, Wonder Woman #1 CGC 8.5 $163,000, and Wonder Woman #1 CGC 5.0 $43,650.
Silver and Bronze Age highlights were Amazing Fantasy #15 CGC 4.0 $27,000, Amazing Fantasy #15 CGC 5.5 $36,509, Fantastic Four #1 CGC 7.0 $25,055, Fantastic Four #45 CGC 9.8 $32,555, Incredible Hulk #1 CGC 7.0 $57,555, Incredible Hulk #181 CGC 9.8 Signature Series $20,500, Tales of Suspense #39 CGC 8.0 $24,277, and X-Men #1 CGC 9.0 $43,337.
Original art sales included a John Byrne original art page from X-Men #115 for $18,200 and a Jack Kirby page from Incredible Hulk #4 hammered at $28,777.
ComicConnect is currently accepting consignments for their next major auction as well as their November Monthly Auction. They reserve space on a first come, first served basis. Call toll free (888) 779-7377 or email their staff at support@comicconnect.com. Cash advances up to $5 million are available.
