Atomic Comics #1 on recent Heritage auction

[gozer]

I was surprised by this one --

 

Atomic Comics #1, 1946, *classic cover*, Rockford pedigree, CGC 9.0.

 

linky poo

 

Went for $747, and that includes bidder's premium.

 

Sheesh. Guide on that is $1260. I was sorta/kinda watching that one, and am surprised at the low value. A beautiful GA classic and it goes for 2/3 guide? A similar one in 8.5 also got a much lower winning bid than I expected.

 

What am I missing here?

[esquirecomics]

I've seen this book up for auction quite a few times over the last 1-2 years. Not sure if it was the same copy or not, but my recollection is that this book has never commanded high prices. Of course, a quick check of GPAnalysis may prove my recollection wrong.

[ArAich]

GPA lists 3 other sales of non-ped copies:

 

$999 Sept 2003

$891 July 2004

$950 Aug 2004

 

Seems the book never really goes for guide but the Heritage book is a pedigree so the buyer seems to have gotten a nice deal...

 

I speculate that the Cream pages affects the final bid total...

[esquirecomics]

I considered buying one or both of the two copies that Heritage just auctioned. I also recall that they were not the best looking copies I ever saw. They were nice, but ... well, the buyer got a good price so good for him/her.

[LonAllen-migration]

Very common book.

Cool, but I owned half a dozen high-grade copies when I was a dealer, and I was never a "big shot" dealer!!!

[jim1968]

Lon is very right on with this one!

I dont think I've ever had a "low grade" copy of this book, do any exist below VG+/F?

I've owned 4 in the last 3 years. They seem to just trade around the hobby, and sometimes sell to a real customer.

Everyone loves it for the Detective #8 cover with the Actions Comics style lettering.

[esquirecomics]

There is a CGC 7.0 on eBay now.

[esquirecomics]

I was told today by a long time dealer that the reason why there seems to be so many HG copies around is because there was a warehouse find.

[Filter81]

so the buyer seems to have gotten a nice deal...

 

I picked up the 8.5 copy instead. Not sure why I didn't go after this one..