Auction Highlights #51 – ComicLink February 2011

ComicLink February  Featured Auction

I love ComicLink featured auctions, they always have some great books posted for the event and there are always headline earning results to report. Here’s a few highlights from the auction.

Action Comics #1, DC Comics (June/1938) Graded by CGC at 0.5 Restored with Off White pages sold for $43,000.00 on ComicLink on February 22nd. Overstreet price guide value for this comic at 0.5 is $20,000.00 based on a 0.5 being worth a quarter of the listed 2.0 price. Wow! This sale blew me away. Have a look at the CGC grading comments “Restoration includes: color touch, pieces added, seals, cleaned, (7th to 15th wrap married)(centerfold is a color copy). Incomplete/married pages. Piece out 19th-26th page, affects story”. It’s not all there, it’s not all the same book, it’s restored, it’s got photocopied sections, it’s missing pieces that affect the story, it’s, it’s a mess is what it is. Advantage seller.

Avengers #4, Marvel Comics (March/1964) Graded by CGC at 9.6 with Off White pages sold for $91,501.00 on ComicLink on February 22nd.  Overstreet price guide value for this comic at 9.2 is $4,200.00. Yeah, I know I said I was blown away by the above sale but this one is mind boggling too. Just to put this into context there was a 9.6 copy with White pages that sold a year ago for $64,000. They say that a few months before a movie is the best time to sell a comic book and it looks like the seller timed this one perfectly. I think 9.0 copies of the original Captain America #1 don’t sell for much more than this. Advantage seller.

Amazing Spider-Man #28, Marvel Comics (Sept/1965) Graded by CGC at 9.4 with White pages sold on ComicLink for $10,255.00 on February 22nd. Overstreet price guide value for this comic at 9.2 is $2,000.00. This was an interesting auction. I’ve been waiting a while for a nice #28 to go to market and I had a hunch it would go high. There are only 11 copies graded at 9.4 and only 4 at 9.6. They’ve also seemed to stop coming in, the CGC census shows only 1 graded this high in the last 2 years (if I read that right). This is such a bragging rights books! Advantage buyer.

Detective Comics #35, DC Comics (Jan/1940) Graded by CGC at 5.0 with Off White pages did not meet reserve on ComicLink, ending without a buyer on February 22nd. Overstreet price guide value for this comic at 5.0 is $5,145.00. The final bit was a mere $17,000.00 and obviously nowhere near enough to pry it from the lucky owner’s hands. It’s interesting that there are only 3 copies graded higher. I’m guessing the seller had a reserve of around $20,000 and considering how crazy the Action Comics auction got I’m sure this book will eventually sell for above $20,000.

This month’s ComicLink Featured auction certainly provided some highlights.

Walter Durajlija
Walter Durajlija

Walter Durajlija is an Overstreet Advisor and Shuster Award winner. He owns Big B Comics in Hamilton Ontario.

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