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Wayne-Tec

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    When will the next unrestored Tec #27 come to auction?

    in Golden Age Comic Books

    Posted

    20 minutes ago, Mmehdy said:

    I disagree with that 1938 vs 1939...the impact that book had changed the comic book world, personally stories are about even, I just recently reread those on youtube...great read and they are both great , I think Whiz 2, is right up there with them...1940..or course ,Cap1 is a better read but its 1941 but each GA years the comics evolved better and better...cover of A1...amazing. 

    Whiz #2 (#1) hit newsstands in 1939.

    When will the next unrestored Tec #27 come to auction?

    in Golden Age Comic Books

    Posted · Edited by Wayne-Tec

    16 minutes ago, Chicago Boy said:

    Your original question though was is it gaining traction. I think everyone that only has public knowledge of sales thought it was and I think this 7.0 certainly shows “gaining traction”Your original question though was is it gaining traction. I think everyone that only has public knowledge of sales thought it was and I think this 7.0 certainly shows “gaining traction”

    There isn’t a bad answer here.

    A record sale like this can only help Tec #27’s place amongst the hierarchy of comic books. It exceeded many people’s expectations and will be remembered as a defining sale that pushed our hobby further forward.

    If it managed to do all the above without seeing any type of momentum to propel it closer to Action #1, that might actually work out in its favor.

    As I’ve mentioned many times over the years, the generation that grew up seeing an increase in Batman interest and a decrease in Superman interest (let’s say, those born 1980 onward) has not yet risen to greater spending power. We won’t see that happen for another 10-15 years.

    So it’s entirely possible that the generation that collectively preferred Batman > Superman, often by some distance, will prefer to invest more into a book that’s already in arm’s reach of the top spot.

    So if we just saw a 7.0 copy of Tec #27 become a $1,500,000 book without it gaining traction on Action #1, 10-15 years before the Batman generation takes the place of the current guard, I’d be really, really excited about this book’s future.

    When will the next unrestored Tec #27 come to auction?

    in Golden Age Comic Books

    Posted

    9 minutes ago, Dark Knight said:

    I think if Tec 27 also included BW/Batman's origin story together with his 1st appearance, it might beat out Action 1 by a hair hm since they are practically neck and neck.

    Cover: Action 1 > Tec 27

    Story: Action 1 > Tec 27

    Origin: Action 1 yes, Tec 27 no

    Pages: Action 1 (7 Supes) > Tec 27 (3 Bats)

    Rarity: Too close to call (slight edge to Tec 27 IMO)

    Non-Supes/Bats content: Tec 27 > Action 1

    When will the next unrestored Tec #27 come to auction?

    in Golden Age Comic Books

    Posted · Edited by Wayne-Tec

    2 hours ago, LDarkseid1 said:

    I think Tec 27 is making some nice strides to reach Action 1, but I agree it’s still in a league of its own. Atleast in the higher grades. Lest we not forget that Action 1 5.5 copy sold for $950K at no reserve auction 4 years ago while a gorgeous pedigree 6.0 Tec 27 reluctantly finds a buyer for $850K. At auction potentially/likely sells for somewhat less. Don’t get me wrong though, this 7.0 is an impressive sale, and maybe not finished yet. And before anyone mentions the 8.5 that sold in 2018 for just over 2 mil, that book had a history. I believe the previously graded version referenced rusted staples or something to that degree, which was not represented on the new label. So I wouldn’t be surprised if that affected the sale some.

    If this Tec #27 goes for $1.4M-1.7M, I’d assume a 7.0 copy of Action #1 would be, roughly, a $2M book.

    Both have been undervalued for a long time. The growth we are seeing before our eyes should not surprise anyone. 

    When will the next unrestored Tec #27 come to auction?

    in Golden Age Comic Books

    Posted

    3 hours ago, Chicago Boy said:

    Unless I’m mistaken this will be the lowest graded CGC copy of any comic book  to hit 1 million dollars and with one more bid it becomes the highest price comic book that HA has ever sold. 

    I have little doubt that this copy will break the $1,260,000 the Marvel #1 CGC 9.4 sold for.

    That book was incredible. One of the greatest in existence.

    But this is Detective Comics #27, one of the finest copies in the world.

    Do not be shocked if it pushes closer to $1,400,000.