I also examined that book in San Diego last year. It is a gorgeous copy, and was definitely better than the beautiful 4.5 copy I used to own. No comment on the price.
BTW, this was the original posted description of the book (which Steve got for a steal as far as I am concerned) and the accompanying images:
All American Comics #16 CA.Com FN- 5.5 ow (Jul 1940) Detroit Trolley
RARE Origin/1st Appearance of The Green Lantern by Sheldon Moldoff (c/a) & the beginning of this series. Green Lantern appears only on cover & one inside panel. Created by Martin Nodel. Inspired in 1940 by a switchman's green lantern that would give trains the go ahead to proceed, and how appropriate that this copy was originally purchased by a trip on the Detroit Trumble Trolley! Very beautiful solid copy, mostly clean, with freshly preserved pages and a few color flakes at top right margin; a tiny bindery tear at top of spine, semi tight staples, and two extremely light non color paper breaking creases. The first, a 6" f/c center crease, the second, a 3" faint top right corner crease, both of which unseen on this scan. The overall appearance gives it VF 8.0 eye appeal, thus despite it's defects, the FN- 5.5 grade. Any manipulation to this book will always be identifiable. But at this moment in time, a 66-year old restoration press free non-compromised classic!!!
That's a nice looking All American 16, looks like a solid 5.5 or better to me. The way I read metropolisent's description of it on page 5 of this thread I would have thought it was a lot less desirable. I remember selling a book to a guy years ago who insisted it was a g/vg and quite common. I later saw it on ebay hyped as a rare vg++.Go figurel, Anyway, that's a nice looking copy of a truly rare book.That is Sacentaur's copy, right? As to what it's worth? I guess the market will have to decide that, but I've seen some pretty big asking prices on a lot less appealing books. Boy those are nice colors