Post by M. Hawbaker on Apr 8, 2024 21:34:43 GMT
The modern superhero was born in 1938, when Cleveland friends and collaborators Jerry Siegel and Joe Shuster debuted Superman in Action Comics #1. So few copies of the comic are known to exist in good condition that it’s become one of the most sought-after collectibles of all time. Last week, it broke new ground: At $6 million, it’s now the most valuable comic ever sold.
The copy, which was offered by Heritage Auctions, was graded 8.5 out of 10 by the Certified Guaranty Company (CGC), a third-party grading service that assesses the condition of books and maintains a database of known and graded copies. According to CGC, only two copies of Action Comics #1 have received a higher numerical score. Both are graded 9.0 and are believed to be in the possession of billionaire collector Ayman Hariri.
While higher grades are always coveted, the comic is scarce enough that even lesser versions can fetch big money. A copy graded 6.0 sold for $3.56 million in 2023; one poor relic graded .05 sold for $408,000 that same year. In 2020, someone paid $410 for a few stray flecks of paper (and one staple) from the book.
www.mentalfloss.com/posts/action-comics-number-one-most-valuable-comic/partners/45648?fbclid=IwAR2F-AY06bMuIfVU9SDA-XFxwtt2XFswxFP_6eAF7H9OEKWaihMJHhlnyxw
The copy, which was offered by Heritage Auctions, was graded 8.5 out of 10 by the Certified Guaranty Company (CGC), a third-party grading service that assesses the condition of books and maintains a database of known and graded copies. According to CGC, only two copies of Action Comics #1 have received a higher numerical score. Both are graded 9.0 and are believed to be in the possession of billionaire collector Ayman Hariri.
While higher grades are always coveted, the comic is scarce enough that even lesser versions can fetch big money. A copy graded 6.0 sold for $3.56 million in 2023; one poor relic graded .05 sold for $408,000 that same year. In 2020, someone paid $410 for a few stray flecks of paper (and one staple) from the book.
www.mentalfloss.com/posts/action-comics-number-one-most-valuable-comic/partners/45648?fbclid=IwAR2F-AY06bMuIfVU9SDA-XFxwtt2XFswxFP_6eAF7H9OEKWaihMJHhlnyxw
Well, this proves that old point, that "some people have more money than sense." 