I have an original 1938 COLOR Kodachrome newsstand picture with a prominently displayed ACTION # 1 and all the other comics !!!!!!
It looks like it was taken on a warm and sunny day, sometime in late MAY 1938.
It's truly breathtaking.
It just takes your breath away.
I mean, "I wish I had....."
(sorry, bye the way, couldn't help myself)
I honestly spend a couple hours a week looking for old newsstand pics. I still keep finding them, so MAYBE (hopefully) a REAL GEM exists out there.
I've seen the INFAMOUS NYC newsstand with the bogus ACTION 1's photoshopped in, is the the Michael C. ad you speak of ?