The title is not a lie. One of the rarest and most sought after comics of all-time is up for auction, Action Comics No. 1. In case you do not know, the June 1938 release was the historic debut of Superman and Lois Lane. Many consider this comic to be the “Holy Grail” of comics or even collectables in general.
There is no limit to what the final sale price will be for Action Comics No.1. There are only two graded copies of this comic with white pages and this is one of them. Certified Guarantee Company (CGC) has certified 60 copies of the first Superman edition with only 34 being un-restored and only seven grading over a 6.0 on a 10 scale. This edition graded out at 9.0 with white pages. It is the highest quality edition of Action Comics No. 1 in the world today.
Interested in bidding on this incredible comic? The listing is available on EBay with seven days left (as of 16 August 2014). You can find the comic here. The current bid on the comic, at the time of this post, is $1.75 million. Do not think you can just go and click a bid for Superman as easy as any other item on the auction site. This auction requires you to be prequalified. It honestly makes sense to want to keep the bidding to only those that can actually secure the copy. Action Cause is handling the pre-qualification process. According to them:
“High-profile auctions often need to prescreen interested bidders in order to maintain the integrity of the fundraising promotion. Please provide us with the following information and a representative from Auction Cause will contact you to verify. Additional information or fully refundable deposit may be requested. Upon successful completion of the bidder registration process, your User ID will be placed on the preapproved bidder list. You will be contacted within 24 hours for verification of your bid.”
A portion of the proceeds of this auction will go to the Christopher and Dana Reeve Foundation whose mission is to help the lives of those with paralysis. While the letter on the auction says that only 1 percent is being donated, that number could still be a large amount based on the estimated final auction pricing.
The only other 9.0 ever up for auction sold for $2.1 million. However, this auction has one thing that the other 9.0 did not. This auction has perfect White Pages! This is the closest you will ever get to seeing what Action Comic No. 1 looked like on newsstands in 1938. How great is the quality of this comic. Look no further than Paul Litch, the CGC primary grader.
“The quality and preservation of the Adams Action #1 is astounding,” said Paul Litch, CGC primary grader. “The book looks and feels like it just came off the newsstand. It is supple, the colors are deep and rich, and the quality of the white pages is amazing for a comic that is 76 years old.”
This auction will shatter records and you can expect this auction to be the highest signal sale in history! Below is a video of the comic and a few photos of the comic in question.
All images below are courtesy of Darren Adams via eBay.