Comic Link February Featured Auction
The comic book portion of ComicLink’s February Featured Auction Ended Wednesday February the 26th and what a mammoth auction it was!
For the 1st time ever really a strong group of quality “Canadian Whites” were on auction and the results can only be described as historic. I’ll direct you to Ivan Kocmarek’s post covering that portion of the auction.
As I said above, this was a very strong auction.
The top 50 books took in a strong $1,420,000 plus and this time it was Fantastic Four that led the way. The FF #1 CGC 9.2 was the Prom Queen earning $145,000. In total 10 FF’s made the top 50 and they accounted for 26% of the take.
It was Marvels in general that dominated, 35 of the top 50 books were Marvels (37 if you count the 2 Timelys). There were 16 Marvel Silver Age keys in the top 50.
And I’m happy to announce there was 1 “Canadian White” that cracked the top 50. Nelvana led the “Whites charge” placing 32nd on the money list.
OK let’s look at a few results.
Brave and the Bold #28, DC Comics, (Feb/Mar 1960) Graded by CGC at 9.2 with Off White to White pages sold for $100,000.00. The Overstreet price guide value for this comic at 9.2 is $26,000.00.
This was a big result but I’m not convinced. I looked at the census, there are 2 better at 9.4 and when I compare the results to the Avengers #1 that sold on this auction for $91,000, it was a CGC 9.4 and there are only 3 better at 9.6, they are similar.
It’s just that these are team books; all the characters are already established. The JLA is actually an updated JSA from All-Star Comics #3.
This is personal preference only but I think too much was paid.
Tales to Astonish #35, Marvel Comics (September 1962) Graded by CGC at 9.6 with Off White pages sold for $66,000.00. The Overstreet price guide value for this comic at 9.2 is $6,500.00.
This copy is heads above the next best copies, it stands as the best copy and only CGC 9.6, the next best are a few 9.2s.
This is a tricky book though, this is Hank Pym the Ant Man’s second appearance but it is the costumes Marvel Way Ant-Man superhero’s first appearance. How will history judge these two books?
For me it’s more about shelling out top dollar for the best copy because I believe there are nice copies out there still ungraded and this may not enjoy the top spot for long.
Fantastic Four #52, Marvel Comics, (July 1966) Graded by CGC at 9.6 with White pages sold $5,665.00. The Overstreet price guide value for this comic at 9.2 is $850.00.
See here’s a result I like. I looked at the Tales to Astonish #13 result (1st Groot CGC 8.5 sold for $5,750 in this same auction) and compared it to this one.
Surely Black Panther is the stronger character, the grade is far superior yet the Groot got more.
Regardless, this is a strong book at a good price, I like the long term prospects.
Rawhide Kid #1, Atlas Comics, (March 1955) Graded by CGC at 8.0 with Off WhitePages sold for $2,188.00. The Overstreet price guide value for this comic at 8.0 is $742.00.
I actually had the audacity to think I was going to win this auction. The book way hovering around a G Note right up to near the end and I boldly threw in a $1,150 bin in to snipe it.
Was I ever wrong, the book closed for double my top bid!
Of all the Marvel Western characters I think Rawhide Kid may be the most marketable.
Justice League of America #2, DC Comics (January 1961) Graded by CGC at 8.0 with Off White pages sold for $666.00. The Overstreet price guide value for this comic at 8.0 is $856.00.
OK this one I actually won.
I like the JLA, I think they are a good investment at the moment but that Brave and the Bold #28 above was out of reach. Give it a bit of time and the trickle down will reach this book.
Superboy #68, DC Comics (October 1958) Graded by CGC at 7.5 with Off White to White pages sold for $2,424.00. The Overstreet price guide value for this comic at 9.2 is $428.00.
There is very little GPA history on this book but still the result was surprisingly strong.
At this time I will shamelessly plug the fact that my Undervalued Spotlight should take a bit of credit.
Superboy #68 is an issue that sits in a lot of old DC collections, it has never been near the top of the list to pull out and send to CGC, maybe it has just shot up a few places on that list.
So? What did you score?