$1,100,000 Action #1 on eBay!

[nearmint]

no unrestored comic has ever sold for near that much.

 

 

[mr.schomburg]

folks, surely we can recognize great marketing...I Think Paul is doing the smart thing by listing high... you can always come down later, but you can't always go up once an "opinion" is formed about what the book "should" sell for...

 

and, I suspect that at 7 figure asking price, it will get some sort of media attention, etc?.... personally, I think it was a bold move (thumbs u

 

Thank you Rick! I appreciate that, I knew the asking price was high, but I don't own the book, so I am at whim of seller who doesn't need to sell it. Frankly I have hear and seen worse purchases for a Million. I am however pleased with the two offers given, as they definately add credibility to the book. In turn have made me think I made the right decision on price. To be sure in 10 years this will be a 2 million book at current levels of increase, so maybe 1.1 is not out of the question, it may even set some new standards for comic sales.

Paul

 

ah, theres the rub with collectibles, isnt it? Buy something now for 1.1 million that will be worth 2 million in 10 years. Sounds great. Sign me up!

 

but, the conventional investment goal is to earn 7% annually. Thats the benchmark that all investments are compared against; earn more and you are ahead of the game, earn less and you are falling behind. Only problem is that doing so turns 1 miliion into 2 million in only 7 years.

 

oops.

 

anyway, it would be exciting to see the book sell for 500K and up. Historic. I think a million today for a restored copy is not happening. NO comic, no unrestored comic has ever sold for near that much.

 

Then again, two offers and one for 700K, also just talked to a potential buyer who is considering it......so you never know.

Paul

[Dark Knight]

Good luck Paul. Sure is a beauty! Now where did I tuck away that 1.1 mil I saved in case of a rainy day

[showcase4]

Believe it or not, I have had tenative offers of over 700K....so who is laughing. Its disclosed, its all upfront, and in my opinion its the best issue for sale. Owner has his price and thats what I am asking plus my fee. You may not see the value, but many do.

Paul

I am not laughing now Paul. Seeing the reactions to this book in this thread....I am now a believer. 1st of all, real quick.....go to straight to h*ll Buttock....your name suits you perfectly.

 

When I 1st saw this auction, I did think it was a just a fishing expedition, not a serious attempt at a sale. ...and I really ( no, really ) didn't know this was your auction Paul.....I did not know your eBay name....I would never be disrespectful to another Boardie like that....it is reserved for "the bad guys" on eBay typically. Heck, I was even polite to bluechip in the other Action 1 thread. I didn't put 2 and 2 together that this was your friend, and showed his books in another thread recently......

 

There have been so many $1,000,000 fake / scam Action #1 offerings over the years, I thought this may have been another one. PGX instead of CGC, tear seals not removed to reach unrestored status, the cover is so bright it almost looks fake....just wasn't adding up for me as legit. So seriously, good luck on your sale, and please accept these ... :foryou: :foryou:

Steve

[mr.schomburg]

Good luck Paul. Sure is a beauty! Now where did I tuck away that 1.1 mil I saved in case of a rainy day

 

Thanks Buddy, No kidding, I can't imagine having that kind of cheese available to spend on anything let alone a comic book. Then again, I don't make millions a year and there are plenty who do. Like that Hedge fund manager that just reported 3.5 billion on his taxes for one year........he could pop for this with out hesitation.

[BangZoom]

Like that Hedge fund manager that just reported 3.5 billion on his taxes for one year........

 

What I could do with 3.5 billion...

[mr.schomburg]

Believe it or not, I have had tenative offers of over 700K....so who is laughing. Its disclosed, its all upfront, and in my opinion its the best issue for sale. Owner has his price and thats what I am asking plus my fee. You may not see the value, but many do.

Paul

I am not laughing now Paul. Seeing the reactions to this book in this thread....I am now a believer. 1st of all, real quick.....go to straight to h*ll Buttock....your name suits you perfectly.

 

When I 1st saw this auction, I did think it was a just a fishing expedition, not a serious attempt at a sale. ...and I really ( no, really ) didn't know this was your auction Paul.....I did not know your eBay name....I would never be disrespectful to another Boardie like that....it is reserved for "the bad guys" on eBay typically. Heck, I was even polite to bluechip in the other Action 1 thread. I didn't put 2 and 2 together that this was your friend, and showed his books in another thread recently......

 

There have been so many $1,000,000 fake / scam Action #1 offerings over the years, I thought this may have been another one. PGX instead of CGC, tear seals not removed to reach unrestored status, the cover is so bright it almost looks fake....just wasn't adding up for me as legit. So seriously, good luck on your sale, and please accept these ... :foryou: :foryou:

Steve

 

Gladly, thanks Steve!

[mr.schomburg]

By the way guys this is going to be a fun little ride. Sent the link to the local ABC affiliate, I wonder if they will run with the story. I am up at 2am PST, still responding to emails and communicating with potential buyers....this is insane!!!! Its a good thing I will get paid if it sales, because while fun, I am tired! Who am I kidding, I would do this for free any day, I am in comic heaven.

Paul

[MutantKeys]

So.. um, why didnt he send the book to CGC instead? Just curious. There are plenty of people out there who do not trust the grading and resto detection from PGX. Wouldnt it be easier to sell if the book was in a CGC slab instead Good luck with the sale!

[brasseye]

By the way guys this is going to be a fun little ride. Sent the link to the local ABC affiliate, I wonder if they will run with the story. I am up at 2am PST, still responding to emails and communicating with potential buyers....this is insane!!!! Its a good thing I will get paid if it sales, because while fun, I am tired! Who am I kidding, I would do this for free any day, I am in comic heaven.

Paul

 

(thumbs u

[brasseye]

So.. um, why didnt he send the book to CGC instead? Just curious. There are plenty of people out there who do not trust the grading and resto detection from PGX. Wouldnt it be easier to sell if the book was in a CGC slab instead Good luck with the sale!

 

Fee structure

 

With the resto disclosed, that negates the main problem people have with PGX.

 

As for grade, that would equally debated whether it's wearing a CGC tag, or a PGX one. Most people would chip in with their regardless. So arguable the point is moot.

 

[G.A.tor]

Like that Hedge fund manager that just reported 3.5 billion on his taxes for one year........

 

What I could do with 3.5 billion...

I would donate a bunch to charity!

[MutantKeys]

Sure, but what if PGX missed a tint of color touch or a small piece added, they have done that plenty of times. The book is very appealing since it appears to have very slight resto, but what if they missed a tint of color touch or something else.. doubt the buyer will be happy to find that out if that ended up being the case. I do understand that the fee is much less, but I am almost certain, even with the numerous emails he has been getting, there are a couple who are staying away due to the book being in a PGX label. I'm not trying to start anything here, just curious as to why submit the grail of all grails of comic collecting to PGX.

[G.A.tor]

Sure, but what if PGX missed a tint of color touch or a small piece added, they have done that plenty of times. The book is very appealing since it appears to have very slight resto, but what if they missed a tint of color touch or something else.. doubt the buyer will be happy to find that out if that ended up being the case. I do understand that the fee is much less, but I am almost certain, even with the numerous emails he has been getting, there are a couple who are staying away due to the book being in a PGX label. I'm not trying to start anything here, just curious as to why submit the grail of all grails of comic collecting to PGX.

danny....you have a valid point....and while I agree with Paul 100% about full known disclosure, having the opinion of a "more" trusted industry expert such as cgc could only help the potential sale of this book....and, if you are asking 1.1 million...I don't think the $1000 that cgc would charge is really a consideration in the scheme of things (and you can get an insurance rider on the shipment for about $1000)?....

but, if paul is getting serious offers the way the book is, then who am I to say otherwise

[MutantKeys]

Sure, but what if PGX missed a tint of color touch or a small piece added, they have done that plenty of times. The book is very appealing since it appears to have very slight resto, but what if they missed a tint of color touch or something else.. doubt the buyer will be happy to find that out if that ended up being the case. I do understand that the fee is much less, but I am almost certain, even with the numerous emails he has been getting, there are a couple who are staying away due to the book being in a PGX label. I'm not trying to start anything here, just curious as to why submit the grail of all grails of comic collecting to PGX.

danny....you have a valid point....and while I agree with Paul 100% about full known disclosure, having the opinion of a "more" trusted industry expert such as cgc could only help the potential sale of this book....and, if you are asking 1.1 million...I don't think the $1000 that cgc would charge is really a consideration in the scheme of things (and you can get an insurance rider on the shipment for about $1000)?....

but, if paul is getting serious offers the way the book is, then who am I to say otherwise

Well said :thumbsup:

 

See you later

[G.A.tor]

Believe it or not, I have had tenative offers of over 700K....so who is laughing. Its disclosed, its all upfront, and in my opinion its the best issue for sale. Owner has his price and thats what I am asking plus my fee. You may not see the value, but many do.

Paul

I am not laughing now Paul. Seeing the reactions to this book in this thread....I am now a believer. 1st of all, real quick.....go to straight to h*ll Buttock....your name suits you perfectly.

 

When I 1st saw this auction, I did think it was a just a fishing expedition, not a serious attempt at a sale. ...and I really ( no, really ) didn't know this was your auction Paul.....I did not know your eBay name....I would never be disrespectful to another Boardie like that....it is reserved for "the bad guys" on eBay typically. Heck, I was even polite to bluechip in the other Action 1 thread. I didn't put 2 and 2 together that this was your friend, and showed his books in another thread recently......

 

There have been so many $1,000,000 fake / scam Action #1 offerings over the years, I thought this may have been another one. PGX instead of CGC, tear seals not removed to reach unrestored status, the cover is so bright it almost looks fake....just wasn't adding up for me as legit. So seriously, good luck on your sale, and please accept these ... :foryou: :foryou:

Steve

you know, I kind of have to defend steve here.... if we didn't "know" paulie, then I am sure the board would initially react pretty much the same way steve did... the fact that paul is a trusted part of our community, gives us (boardies) some assurances, but there are many ebayers like steve, that are probably thinking the same thing he initially did.... the real underlying issue, is that it is a shame that it has come to that....given all the scammers, etc, that are out there on ebay land, I don't think anyone would have initially thought too much differently? or am I wrong?

[G.A.tor]

Sure, but what if PGX missed a tint of color touch or a small piece added, they have done that plenty of times. The book is very appealing since it appears to have very slight resto, but what if they missed a tint of color touch or something else.. doubt the buyer will be happy to find that out if that ended up being the case. I do understand that the fee is much less, but I am almost certain, even with the numerous emails he has been getting, there are a couple who are staying away due to the book being in a PGX label. I'm not trying to start anything here, just curious as to why submit the grail of all grails of comic collecting to PGX.

danny....you have a valid point....and while I agree with Paul 100% about full known disclosure, having the opinion of a "more" trusted industry expert such as cgc could only help the potential sale of this book....and, if you are asking 1.1 million...I don't think the $1000 that cgc would charge is really a consideration in the scheme of things (and you can get an insurance rider on the shipment for about $1000)?....

but, if paul is getting serious offers the way the book is, then who am I to say otherwise

Well said :thumbsup:

 

See you later

bring me a coke zero!

[MutantKeys]

Sure, but what if PGX missed a tint of color touch or a small piece added, they have done that plenty of times. The book is very appealing since it appears to have very slight resto, but what if they missed a tint of color touch or something else.. doubt the buyer will be happy to find that out if that ended up being the case. I do understand that the fee is much less, but I am almost certain, even with the numerous emails he has been getting, there are a couple who are staying away due to the book being in a PGX label. I'm not trying to start anything here, just curious as to why submit the grail of all grails of comic collecting to PGX.

danny....you have a valid point....and while I agree with Paul 100% about full known disclosure, having the opinion of a "more" trusted industry expert such as cgc could only help the potential sale of this book....and, if you are asking 1.1 million...I don't think the $1000 that cgc would charge is really a consideration in the scheme of things (and you can get an insurance rider on the shipment for about $1000)?....

but, if paul is getting serious offers the way the book is, then who am I to say otherwise

Well said :thumbsup:

 

See you later

bring me a coke zero!

bring me Jessica Biel!

[G.A.tor]

Sure, but what if PGX missed a tint of color touch or a small piece added, they have done that plenty of times. The book is very appealing since it appears to have very slight resto, but what if they missed a tint of color touch or something else.. doubt the buyer will be happy to find that out if that ended up being the case. I do understand that the fee is much less, but I am almost certain, even with the numerous emails he has been getting, there are a couple who are staying away due to the book being in a PGX label. I'm not trying to start anything here, just curious as to why submit the grail of all grails of comic collecting to PGX.

danny....you have a valid point....and while I agree with Paul 100% about full known disclosure, having the opinion of a "more" trusted industry expert such as cgc could only help the potential sale of this book....and, if you are asking 1.1 million...I don't think the $1000 that cgc would charge is really a consideration in the scheme of things (and you can get an insurance rider on the shipment for about $1000)?....

but, if paul is getting serious offers the way the book is, then who am I to say otherwise

Well said :thumbsup:

 

See you later

bring me a coke zero!

bring me Jessica Biel!

she just left my room...mentioned something about having to get back to LA for an audition...sorry

[TheSurgeon]

It is interesting to look at the highest prices paid for other collectibles. Using only one site, Heritage, I found the following highest prices. And I don't know if collectors in each area would consider those items the "grails" on the level of the Action 1 for sale on ebay. In 2008, Action 1 is considered THE grail for comics, and the one pictures is pretty sweet. I don't see why this won't sell, maybe not in the ebay auction, but soon after.

 

George Harrison's guitar from Let It Be rooftop > $400,000

Bride of Frankenstein movie poster > $300,000

1933 Babe Ruth All Star Jersey $657,000

1804 silver dollar $3.7 million

painting $1.6 million

General Grant sword $1.6 million.