Nick Cage's stolen Action Comics #1 has been recovered

[markseifert]

Stephen flew out to authenticate the copy.

 

According to the Ventura County Star:

 

It remained missing for more than 10 years until last month when a man found it in a San Fernando Valley storage locker, said Balelo, who owns Balelo Inc., a liquidation merchandise business in Simi Valley. The man had bought the locker's contents through Riverside-based American Auctioneers.

 

(I pulled together some quick background on the matter for a Bleeding Cool post.)

[synch]

how did they know it was cages ?

 

[markseifert]

how did they know it was cages ?

 

Fishler, who sold Cage the book, identified it for them.

[comicalgems]

Stephen flew out to authenticate the copy.

 

According to the Ventura County Star:

 

It remained missing for more than 10 years until last month when a man found it in a San Fernando Valley storage locker, said Balelo, who owns Balelo Inc., a liquidation merchandise business in Simi Valley. The man had bought the locker's contents through Riverside-based American Auctioneers.

 

(I pulled together some quick background on the matter for a Bleeding Cool post.)

 

Will this be popping up on Storage Wars? Nice!

 

Seriously Nicolas needs the money so it's a great time for it to surface.

[comicalgems]

it was the same auctioneer!

 

Dan Dotson!

[oakman29]

Regardless of the insurance,this book belongs to it's rightful owner Nick Cage.

[comicalgems]

Regardless of the insurance,this book belongs to it's rightful owner Nick Cage.

 

Yeah ten years ago insurance paid out a lot less than current market value. I say let Cage write the insurance company a check and let him have the book.

[DiceX]

Regardless of the insurance,this book belongs to it's rightful owner Nick Cage.

 

Yeah ten years ago insurance paid out a lot less than current market value. I say let Cage write the insurance company a check and let him have the book.

 

I seriously doubt that's what will happen. The insurance company owns it now.

 

 

[MCJ]

I'm with Dice on this one, though for good PR, they could offer to sell it back to him for FMV.

 

Wether they decide to sell it in the open market, or back to Cage, they'll get a lot of media exposure out of this. I didn't think I could feel sorry for Cage, but today I do...

[Mr 9.8]

Just heard the news.

Think they'll ever catch the scum bag whole stole it in the first place?

 

[binarysunrise]

Man, can you imagine the thrill of the find for the storage owner? And then the disappointment at learning it's owned by an insurance company now? I wonder if they have some sort of finders fee for returned property...

[mysterio]

I wonder how the PQ is after sitting in a storage locker... Hopefully it was an indoor climate controlled unit.

[MagnetoWasRight]

Unreal. I can't believe they found it. Does anyone know the specific "traits" of Cage's copy that made it easily identifiable? Sucks Cage doesn't own it now.

[1st-and-keys]

Man, can you imagine the thrill of the find for the storage owner? And then the disappointment at learning it's owned by an insurance company now? I wonder if they have some sort of finders fee for returned property...

 

That REALLY sucks.

[the420kid]

great story. im a big Storage Wars fan so this is double cool for me.

 

cheers

[fantastic_four]

I seem to recall hearing somewhere it was around a 6.x copy, which if true, stretches the credibility of the article claiming it has a market value of a million dollars.

[markseifert]

I seem to recall hearing somewhere it was around a 6.x copy, which if true, stretches the credibility of the article claiming it has a market value of a million dollars.

 

Fishler has called it a VF. There's a tiny, cropped pic of a copy in the LAPD's stolen art database which some believe to be the Cage copy.

 

http://lapdonline.org/collectibles/art_theft_view/32308

[toysmania]

Man, sure sucks to be in Cage's shoes now. Anwhow, I remembered someone mentioning Cage in need of cash. I though he's freaking rich?

[fantastic_four]

I seem to recall hearing somewhere it was around a 6.x copy, which if true, stretches the credibility of the article claiming it has a market value of a million dollars.

 

Fishler has called it a VF. There's a tiny, cropped pic of a copy in the LAPD's stolen art database which some believe to be the Cage copy.

 

http://lapdonline.org/collectibles/art_theft_view/32308

 

Do you recall when he called it a VF? I can't recall where I even heard it was a 6.x, I think it was back around when he sold his comics. I may even be thinking of a second copy he had and did sell back around 2002 when he dumped the rest of his collection.

[markseifert]

 

Do you recall when he called it a VF?

 

In a lengthy post on the subject here in 2006:

 

http://boards.collectors-society.com/ubbthreads.php?ubb=showflat&Number=1510108&fpart=1

 

Here are the facts:

3 books- A VF Action Comics #1 (unrestored), a VF Detective #27 (unrestored except for a tiny sealed tear on the back cover/sold in the 1992 Sotheby's auction) and a 3rd book that I will not disclose for the time being, were missing. These books had been placed in high security frames on a wall.