Philosophy
Super hero, super powers, super price--one million bucks. Why do we collect things? Is there a human gene that drives some to spend millions for fine art or one million for a comic book. Well, someone did spend $1, 000, 000 for a fine copy of Action Comics No. 1 featuring Superman [June 1938]. Did ancient man or Medieval man collect? Perhaps collecting [the better goodies] is an expression of wealth. And I would suspect that the spectrum of collecting is very broad. I knew a man who collected nothing but bottle openers. I confess...I collect discarded cat whiskers that I would gladly sell for a million.
A rare copy of the first comic book to feature Superman sold for $1m (£640,000) yesterday, smashing the previous record for a comic.
The 1938 edition of Action Comics No1 was sold by a private seller to a private buyer. Neither released their name.
The issue, which has a cover featuring Superman lifting a car, originally cost 10 cents.
The transaction was conducted through the auction site ComicConnect.com. Stephen Fishler, the co-owner of the site and its sister dealership, Metropolis Collectibles, orchestrated the sale.
Fishler said the seller was a "well-known individual" in New York with a pedigree collection and the buyer had previously bought an Action Comics No1 of lesser importance.
"It [Action Comics No1] is considered by most people as the most important book," said John Dolmayan, the comic book enthusiast and dealer best known as the drummer in the rock band System of a Down. "It kind of ushered in the age of the superheroes."
Dolmayan, who owns Torpedo Comics, paid $317,000 for an Action Comics No1 issue on behalf of a client last year.
That purchase is considered the "official public record" for a comic book sale, Mark Zaid, the marketing director for the Comic Book Collecting Association, said.
Zaid added that there had been other private sales in the $300,000 to $450,000 range.
The copy sold yesterday fetched a much higher price because it was in better condition, rated as an 8.0 grade out of 10.
"The fact that this book is completely unrestored and still has an 8.0 grade, it's kind of like a diamond or a precious stone," Dolmayan said. "It's very rare."
Only around 100 copies of Action Comics No1 are believed to remain in existence, and only a handful have ever been rated so highly. It is more unusual still for such copies to be made available for sale.
"It is still a little stunning to see 'a comic book' and '$1m' in the same sentence," Fishler said. "There's only one time a collectible hits the $1m threshold."
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Philosophy
Superman comic sold for a million bucks
Super hero, super powers, super price--one million bucks. Why do we collect things? Is there a human gene that drives some to spend millions for fine art or one million for a comic book. Well, someone did spend $1, 000, 000 for a fine copy of Action Comics No. 1 featuring Superman [June 1938]. Did ancient man or Medieval man collect? Perhaps collecting [the better goodies] is an expression of wealth. And I would suspect that the spectrum of collecting is very broad. I knew a man who collected nothing but bottle openers. I confess...I collect discarded cat whiskers that I would gladly sell for a million.
"First Superman comic sells for $1m"
February 23rd, 2010
guardian.co.uk
February 23rd, 2010
guardian.co.uk
A rare copy of the first comic book to feature Superman sold for $1m (£640,000) yesterday, smashing the previous record for a comic.
The 1938 edition of Action Comics No1 was sold by a private seller to a private buyer. Neither released their name.
The issue, which has a cover featuring Superman lifting a car, originally cost 10 cents.
The transaction was conducted through the auction site ComicConnect.com. Stephen Fishler, the co-owner of the site and its sister dealership, Metropolis Collectibles, orchestrated the sale.
Fishler said the seller was a "well-known individual" in New York with a pedigree collection and the buyer had previously bought an Action Comics No1 of lesser importance.
"It [Action Comics No1] is considered by most people as the most important book," said John Dolmayan, the comic book enthusiast and dealer best known as the drummer in the rock band System of a Down. "It kind of ushered in the age of the superheroes."
Dolmayan, who owns Torpedo Comics, paid $317,000 for an Action Comics No1 issue on behalf of a client last year.
That purchase is considered the "official public record" for a comic book sale, Mark Zaid, the marketing director for the Comic Book Collecting Association, said.
Zaid added that there had been other private sales in the $300,000 to $450,000 range.
The copy sold yesterday fetched a much higher price because it was in better condition, rated as an 8.0 grade out of 10.
"The fact that this book is completely unrestored and still has an 8.0 grade, it's kind of like a diamond or a precious stone," Dolmayan said. "It's very rare."
Only around 100 copies of Action Comics No1 are believed to remain in existence, and only a handful have ever been rated so highly. It is more unusual still for such copies to be made available for sale.
"It is still a little stunning to see 'a comic book' and '$1m' in the same sentence," Fishler said. "There's only one time a collectible hits the $1m threshold."
- Novel Graphics And Graphic Novels
Gwydion asks, "Of late, the trend in superhero comic book art has been a move toward a more painterly style, as expressed best (perhaps) by Alex Ross, rather than the simpler line drawings of our youth. Why is that?"It is a reflection of a change in status...
- Comics And Culture
Kerry was talking about a book he's been reading, The Ten-Cent Plague, which discusses the suppression of the comic book. The culture warriors of the McCarthy period saw comics as a threat to American society giving rise to an industry-wide clamp...
- Comic Book Art Values
"The World’s Most Expensive Comic Book Art (And Why Prices Keep Climbing)" by Angela Watercutter September 5th, 2012 Wired Barry Sandoval, the man who heads up Heritage Auctions’ comics sales, joined what he calls the “million-dollar club”...
- Two Auctions...big Bucks Spent
Two recent auctions have commanded large sums of money. Are they worth the investment? "Action Comics Superman debut copy sells for $2.16m" November 30th, 2011 BBC NEWS A copy of the first issue of Action Comics, featuring Superman's debut, has...
- Deceased--les Daniels
Les Daniels October 27th, 1943 to November 5th, 2011 "Les Daniels, Historian of Comic Books, Dies at 68" by Dennis Hevesi November 14th, 2011 The New York Times Les Daniels, one of the earliest historians of comic books — from the launching (off the...