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-   -   The Nicest Action Comics #1 You'll Ever See (https://forum.dvdtalk.com/comic-book-talk/621789-nicest-action-comics-1-youll-ever-see.html)

auto 08-24-14 09:53 AM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by davidh777 (Post 12209873)
If you had that much disposable income, you wouldn't have debts, car payments, or financial issues. :D

And yet it happens to people all the time.

Nick Danger 08-24-14 11:03 AM

Re: The Nicest Action Comics #1 You'll Ever See
 
All those people spending money faster than it's coming in, and only increasing their consumption if their income increases. It baffles me. If I were rich, I would like to be like the du Ponts, and nurture a family fortune for hundreds of years.

Bronkster 08-24-14 11:56 AM

Re: The Nicest Action Comics #1 You'll Ever See
 
8 hours to go and it's up to $2,300,000. I wonder if there will be any last-second sniping.

Mike86 08-24-14 12:53 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
In some ways it would be cool to own this just to say you do, but even if I had a ton of money I don't think I'd spend that much on a single issue. I'd much rather save the cash or spend a fraction of that for other collectibles or whatever.

robin2099 08-24-14 04:33 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
If I had the money I would put in a bid for it. It's the most valuable comic in the world and is very rare. Though I would sure be paranoid about something happening to it.

kstublen 08-24-14 08:00 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
In the last minute or so it went from $2,600,100.00 to $2,700,100.00 and in the final 5 seconds someone bid $3,207,752.00 and was outbid in the final second by $3,207,852.00 for the final, winning bid.

Looks to be a new world record.

VHS? 08-24-14 08:02 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
I wonder if this went to someone who will display it or shove it in a safe.

kstublen 08-24-14 08:07 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
Back in 2010 or 2011 I think a similarly-graded copy of Action Comics #1 went for a little over $2.1 million. Crazy to think someone just paid over $3 million for a comic book that originally sold for around 10 cents.

movieguru 08-24-14 08:08 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
What would be the annual apr on this if one were to invest 10 cents in June 1938 on this book?

Sonic 08-24-14 10:01 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
Wow over 3 million. Holy shit that's a lot of money.

movieguru 08-25-14 12:28 AM

Re: The Nicest Action Comics #1 You'll Ever See
 
Wonder if Todd mcfarlane bought it.

Xiroteus 08-25-14 07:31 PM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by auto (Post 12209895)
And yet it happens to people all the time.

Like those people that say winning the lottery ruined their life? I have no issue calling most of those people idiots! All some of them did was spend money, all about stuff. I want a few things yet for me it's all about money being a tool and allowing for the freedom of time and being stable. I like the idea of high quality items that last yet not blowing it on million dollar homes and cars.

Being a millionaire and then ending up with more debt then they had is insane.


Originally Posted by Nick Danger (Post 12209938)
All those people spending money faster than it's coming in, and only increasing their consumption if their income increases. It baffles me. If I were rich, I would like to be like the du Ponts, and nurture a family fortune for hundreds of years.

I don't get it either. They could live off the interest alone!

You won five million dollars! Set for life! Easily, off the interest I imagine.


Originally Posted by VHS? (Post 12210425)
I wonder if this went to someone who will display it or shove it in a safe.


Originally Posted by robin2099 (Post 12210164)
If I had the money I would put in a bid for it. It's the most valuable comic in the world and is very rare. Though I would sure be paranoid about something happening to it.

They could put it in a bullet proof, water proof clear case in a fire proof room!

PhantomStranger 08-25-14 08:01 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
Investing in Action Comics #1 is no gamble, it's a serious investment. Superman will still be around as a popular brand when our grandchildren are on Social Security and its value has steadily gone up in recent decades. It's no different than investing in art from name artists.

Xiroteus 08-25-14 08:10 PM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by PhantomStranger (Post 12211639)
Investing in Action Comics #1 is no gamble, it's a serious investment. Superman will still be around as a popular brand when our grandchildren are on Social Security and its value has steadily gone up in recent decades. It's no different than investing in art from name artists.

The only thing that could cause a value drop would be if someone discovers a box of mint Action Comics 1's!

PhantomStranger 08-25-14 10:13 PM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by Xiroteus (Post 12211648)
The only thing that could cause a value drop would be if someone discovers a box of mint Action Comics 1's!

They might find a couple of more copies, but I highly doubt a stash of them will get discovered. Most of the hoarders from that era have passed away or nearing their end. The smarter ones have likely already sold off their personal copies.

Xiroteus 08-25-14 10:22 PM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by PhantomStranger (Post 12211775)
They might find a couple of more copies, but I highly doubt a stash of them will get discovered. Most of the hoarders from that era have passed away or nearing their end. The smarter ones have likely already sold off their personal copies.

It would have to be hidden really well and most are not going to hide a comic no one thought of at the time. A couple more would be cool just to have more out there. A box would be quote a find yet at the same time knock down the price a lot.

I wonder how much fifty near mint, mint copies would go for.

Like I talked about before, the original artwork would be an amazing find. It was saved, hidden away to be found one day.

mrhan 08-25-14 10:27 PM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by Xiroteus (Post 12211648)
The only thing that could cause a value drop would be if someone discovers a box of mint Action Comics 1's!

Well, they would be stupid to tell anyone they found more than one. I would sell one once every few years to make sure the value stays up there.

PhantomStranger 08-25-14 10:30 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
Fifty mint copies would largely destroy it as an investment vehicle. Prices wouldn't go down that much but its future worth would be greatly diminished.

Xiroteus 08-25-14 11:59 PM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by mrhan (Post 12211794)
Well, they would be stupid to tell anyone they found more than one. I would sell one once every few years to make sure the value stays up there.

I had the same thought, I would NEVER say, hey FIFTY COPIES! More like, ONE mint copy!


Originally Posted by PhantomStranger (Post 12211797)
Fifty mint copies would largely destroy it as an investment vehicle. Prices wouldn't go down that much but its future worth would be greatly diminished.

If they were all put on the market at once I wonder how much each would go for. It could be a rollercoaster for a little bit.

VHS? 08-26-14 12:46 AM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by Xiroteus (Post 12211648)
The only thing that could cause a value drop would be if someone discovers a box of mint Action Comics 1's!

That could happen. Look at the recent find of an old dealership full of cars.
Imagine if there were boxes of these things left over after a month and someone just tossed them into a shed of sorts.
Some people tend to take work home with them, literally. Who knows if some old guy has forgot he has a stash of old comics from when he worked at the printing facility.

stingermck 08-26-14 08:18 AM

Re: The Nicest Action Comics #1 You'll Ever See
 
Metropolis Comics bought it. So now they have 2 of the best copies, and can pretty much control price.

kstublen 08-26-14 06:14 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
That's a shame. I was really just hoping it was an incredibly rich fan of Superman.

Quake1028 08-27-14 03:32 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
It's probably the 2nd best copy in existence. Honestly the 3.2 million is kind of soft for it.

Bronkster 04-05-24 12:47 PM

Re: The Nicest Action Comics #1 You'll Ever See
 
Heritage Auctions just sold a copy of Action Comics #1 for Six Million!


Action Comics #1 Certified by CGC Soars to $6 Million, Setting New Record! Once again, a grail graded by CGC has set the record for most expensive comic book ever sold! In a stunning sale at Heritage Auctions on April 4, 2024, an Action Comics #1 graded CGC 8.5 with a Kansas City pedigree realized $6 million!
I'm so envious. :drool:

https://cimg5.ibsrv.net/gimg/dvdtalk...1a7a9dd820.jpg
​​​​​​​

TheBang 04-05-24 01:42 PM

Re: The Nicest Action Comics #1 You'll Ever See
 

Originally Posted by Bronkster (Post 14409871)
Heritage Auctions just sold a copy of Action Comics #1 for Six Million!

That looks really nice. There are only 5 copies that have been graded higher than that: https://www.cgccomics.com/gallery-co...spx?comic=9950


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