Recent Action #1 Sale

[Mr. Zipper]

Nice looking book. Amazing to think that if I have 195K to blow on a copy of Action #1, the best I can do is a VG copy.

 

It's a NUTTY price.

 

Didn't a 3.5 recently close at $47K?

 

[Comicdey]

Talk about skewing the GPA data....

 

Nice Sale and a Great Price for an Incredible American Icon.

[action1kid]

I'm curious what that other copy looks like. Anyone seen it?

 

Havnt seen it but the possible buyer called me 1st to ask if I wanted to sell my 6.5 before pulling the trigger on the other 6.5

[comicdonna]

Congratulations Mark.

[Thegoldenage]

There have been several sales on Heritage (where the highest prices in the hobby are paid) over the past two years that were much lower. I don't think the sale of the 4.0 should be included in any averages.

[action1kid]

That is certainly a world record for a V.G. Any V.G what so ever..

It has certainly scewed the averages but how can it not be included in any avg.

[mrwoogieman]

WOW! just under $200K! I had no idea that OW-W page quality would garner such a huge leap in price!

 

[rob_react]

Nostalgic Investments

 

 

For the uninitiated...

 

Nostalgic Investments = Maalouf Bechara

 

Thank you Radd Norinn.

[Sal]

looks like the ne plus ultra example of "buy the book, not the label[/i]. congrats to the buyer, Mark and Bechara on that one

[dgillock]

old tape probably just fell off.

 

wonderful book.

 

This is what I was thinking about as a possibility as well. I've had a couple of books with tape that was so old and dry it was literally falling off, leaving nothing but a bit of a stain behind.

 

But, it seemed like an interesting question to ask, esp. considering the current hub-bub(s) and the scale of this sale. Not trying to raise any red flags, just curious about how this might have played into the deal (if at all).

[tth2]

For the uninitiated...

 

Nostalgic Investments = Maalouf Bechara

 

Thank you Radd Norinn.

[tth2]

looks like the ne plus ultra example of "buy the book, not the label[/i]. congrats to the buyer, Mark and Bechara on that one

Yeah, except here the guy was paying a price well above the label. Unfortunately, if he ever needs to sell it, most potential buyers will say "Sure, it's a great looking book (except for the tear under Superman's cape), but if the label says it's a 4.0, then it's a 4.0 and I'm only going to pay a 4.0 price."

[rob_react]

There have been several sales on Heritage (where the highest prices in the hobby are paid) over the past two years that were much lower. I don't think the sale of the 4.0 should be included in any averages.

 

This exact book was reported to have sold for $112,500 in OS 31.

[tth2]

There have been several sales on Heritage (where the highest prices in the hobby are paid) over the past two years that were much lower. I don't think the sale of the 4.0 should be included in any averages.

 

This exact book was reported to have sold for $112,500 in OS 31.

Less than doubling of price in 5 years. Actually, the $195K doesn't seem so outrageous in that context.

[Thegoldenage]

It gets a tad more outrageous when you consider that in the past two years or so a 3.5 and a 3.0 blue label each sold for under 50k in Heritage.

 

This buyer is some dealers sugar daddy, that's for sure!

[action1kid]

You think hes a wealthy newbie?

[Thegoldenage]

Absoloutely, and banking on the movie being a smash hit.

 

Correction: The two Actions were 2.5 and 3.0, and the 3.0 sold for 58k.

[ronm3-migration]

You sure this is the same book from 5 years ago? If so why would it have a new CGC label?

[adamstrange]

old tape probably just fell off.

 

wonderful book.

 

Spontaneous restoration?

[action1kid]

Because it was just recently graded?

I think the census has 4 or 5, 4.0s now