In this bad economy, nerds still have disposable income.
Action Comics #1, graded 8.0, became the most expensive comic book ever, selling for $1 million dollars. The price was high for this bad boy because it was issued in 1938 and the grade was pretty high.
I love my comics but I don’t care whether the issue is a first print, mint condition or in a trade paperback. As long as I can see the artwork and can read the story, I’m content. Plus these “graded” comics are rated by humans. So if the grader is having a bad day, he’ll mark everything low or vice versa. It’s a very subjective process.
And seriously, what’s the point of owning a comic if you’ll just have it for display. I’m sure the new owner of this comic won’t take it out of the case. More power to the guy though, I wish I was that rich!
You can read more about the transaction on Yahoo.
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John Spartan
Feb 23, 2010 -
It’s pretty much like owning the Mona Lisa, or any heirlooms from the past. They’re a rare relic of time and that’s why it’s worth a lot.
ccfmds
Feb 23, 2010 -
It looks like I was outbid…….damnit !
Reservoired Dog
Feb 23, 2010 -
I remember seeing Spider-man #1 on display at this comic book store when I was a kid. It was worth a couple of thousand at the time, by now I’m sure its past a million. More than anything I wanted to read its contents rather than just have it sealed away.
Sometimes I think if there was ever an Apocalypse and I was forced to stay inside my house, I’d totally bust open all the packages to my toys and have a awesome time lol.
Paladin
Feb 24, 2010 -
A great invention for comics is a snap frame. You can put the book in the frame and hang it on your wall as art and then when you want to read it, pop it open, check it out and then put it back on the wall.
Grading or “slabbing” comics as it’s called is pointless for something modern, it’s just a way to make money. I’ve been close to getting a graded item or two, but I stopped and thought about it–then decided against it.
As for Action Comic’s #1–that’s different at this point, it’s as Spartan said, a relic–collectors item, a piece of history…