Wayne-Tec

On 10/2/2020 at 8:52 PM, SkOw said:

in hopes that someone has found this, and that folks can be on the watch. 

Thank you!

29 minutes ago, zen514 said:

Great display!!!

Truly unique and as they say a 1/1!!

 

Of imho The no 1 comic that started its all!! Popeye... The Phantom... oups

 Action Comics 1!!!

Thanks!

The only examples of Action Comics #1 front cover that I’ve ever seen have been the Heritage scrapbook that this came from and the 2/3 CGC cover.

Of course, the latter was missing the logo and the “No. 1.”

2 hours ago, miraclemet said:

You can literally say you own  "Number 1" of Action Comics. 

I like to say that I own Action Comics “No. 1.”

7 hours ago, G.A.tor said:

cool

Thanks Rick!

10 minutes ago, AJD said:

With a "pieces added" notation you could have so much more to show off.

But seriously, I always enjoy seeing someone so excited about adding a treasure to their collection

Thank you!!

I know of at least two copies that are missing the “No. 1” (or most of it).

Those copies are a bit more complete than mine though.  

4 minutes ago, Chicago Boy said:

What a great display for it ! Well done !! So excited for you.  Super cool piece Ryan !!!! Colors are great !

Thanks Corey, I appreciate it!!

2 minutes ago, LDarkseid1 said:

Super super cool!! I’d be insanely excited to get that to.

Thank you!

I can’t wait for the next Action #1 to come to auction.

17 minutes ago, LDarkseid1 said:

Well, this is an interesting one 😂. Apparently because the 7.0 sold for 1.5 mil, a graded page 1 (that’s right, just page 1), is worth a mere $150K to this ebayer 😳.

What is listed appears to be page 1, originally auctioned through Heritage.

The demand for coverless and incomplete parts of incredibly desirable books has grown considerably over the years.

There’s no wrong answer here, but for many, it comes down to condition or content. Would you rather have a single page of Action Comics #1 or a complete low grade copy of Action Comics #2, or a complete mid-grade Action Comics #23, or a complete high grade Action Comics #40?

There has been a big push for content > condition and for that reason, coverless/incomplete books come to the market.

I prefer true coverless vs. reproduction covers. I’d rather appreciate the original interior art than a quality reproduction of something grander. Original covers are coveted for good reason.

On 11/23/2020 at 5:46 AM, G.A.tor said:

Cumulatively I’m sure they are now older. But at time of purchase I’d guess most were younger than that ... it’s all relative 

That’s fair. What was your personal favorite copy?

7 hours ago, Crowzilla said:

Gator would know way better than me, I don't know any "new" owners of those books.

But...I do have a buddy that as of today owns a total of 7 slabbed books. 5 of them are the Jim Lee X-men #1, the other two are Superman #1 and Batman #1. (and he's 43, so I guess he doesn't make your cutoff)

None of us know for sure. I’d assume most Action #1/Tec #27 owners are 40 or older, but if that’s incorrect, the implications would be absolutely fascinating.

49 minutes ago, Crowzilla said:

Or it could be the general availability of money now as opposed to previous generations.

When I was a kid, there weren't 500,000 millionaires in the entire USA, now the USA adds something north of 600,000 millionaires a year. I don't think it's people aged 40 and over buying Pokemon boxes for $250K or more, so it only makes sense that it's also the younger crowd pushing the heights of Action 1 and Tec 27.

These are some good points.

Do you feel that the majority of new Action #1 and Tec #27 owners are in their 20s and 30s?

1 hour ago, G.A.tor said:

Missing Tim’s sarcasm maybe ?

I figured he was either kidding around or something came to the market earlier in the day (since his post was on a Saturday).

2 hours ago, G.A.tor said:

I dont ask every buyer their age but I know of at least 5 in the last couple of years that I know are still in their 30s. That’s the majority of copies sold over the past couple of years I’m aware of 

It’s amazing to think how few copies change hands, which is one of the things IMO that makes discussing and watching the rare times they do come up for auction that much more fun.

And you may be right. I’d have guessed that 65-70% of all Action #1/Tec #27 buyers over the past 10 years would be 40 or older. Maybe I’m mistaken? I know you said past couple of years (vs. 10 years), but that’s worth noting too as it’s recent history.

I’d be very surprised if 65-70% of new Action #1/Tec #27 owners are 39 or younger. If that is the case though, another interesting thing to take note of is younger collectors being willing to invest more into comics than previous generations.

That could be the result of their generation growing up during a time where superhero movies and video games reached heights never seen before. Superheroes have been popular for over 80 years, but it may be the popularity, number of films, number of video games and number of outlets to enjoy the genre that’s a factor in pushing collectors born 1980 onward into investing more into the holy grail books than previous generations, if they are indeed the majority of new Action #1/Tec #27 owners.

It’s such a small sample-size we’re looking at either way.

5 minutes ago, tth2 said:

"When do you guys think it will happen"

As in, next Saturday?

Just making sure I didn’t miss anything from today.

11 minutes ago, tth2 said:

3:27 pm on Saturday

?

4 minutes ago, G.A.tor said:

The question should be what percent of new owners. 60 year olds that bought their copy in 1982 have no impact on current pricing. But the majority of new owners in the past 10 years are 30-50 year olds 

What percentage of Action #1/Tec #27 owners, who acquired their copies between 2010-2020, are 39 or younger today, in your opinion?

49 minutes ago, G.A.tor said:

When detective 27 over took action 1 all those moons ago, both issues were fairly readily available in the 5 figure range. So it was much easier for even a $5,000 value change to shift the market. 
today it seems the distance between unrestored copies is more like 6 figures. And less and less folks seem to be able to afford even an entry level copy. Batman has been more popular than Superman for 30+ years , and yet over the past 10 years the distance between action 1 and detective 27 has actually consistently increased. 
not sure what dynamic will occur that would change positioning of the 2, now or in 15 years (and the majority of new owners are in their 30s and 40s from what I’ve seen). There are very few 50-70 year olds spending the kind of money needed to obtain a copy these days, largely because most remember when a copy could be had for 1/10th the price and aren’t willing to spend that at their stage on life 

What percentage of Action #1/Tec #27 owners in the world today are 39 or younger, in your opinion?

8 hours ago, Crowzilla said:

When two unrestored 5.0 copies went head to head in 2018, Action #1 ended up about 40% higher than Tec 27, when the next unrestored Action 1 comes to market I expect a similar result (despite the fact that for 15+ years now on these boards, I keep hearing predictions that Tec27 will overtake Action 1 any day now).

 

I don’t think Tec #27 is going to be overtaking Action #1 anytime soon.

Collectors born, roughly, 1980 and later were the first to live their childhoods with Batman as the No. 1 character in comics.

Most Action #1 and Tec #27 owners are older than 40, so realistically, we won’t see that shift take place for another 10-15 years, if it ever happens at all.

You can make a strong argument for either book. I’m partial to Action #1, but we’re going to have to wait a while longer before there is a real shot at the “grail of grails” being dethroned.

It took a while for an unrestored Tec #27 to come to auction and now, it’s been some time since we’ve seen an unrestored Action #1 come to auction?

When do you guys think it will happen and what do you expect the demand will be when it does?

24 minutes ago, bluechip said:

Many people don't realize that Captain Marvel debuted in the same calendar year as Batman.  Same with the Flash and Hawkman.   And Cap 1 was on the stands not in 1941 but December 1940.  

Newsstand date > cover date.

What matters is when the book was released.

8 minutes ago, woowoo said:

December 1st, 1939.