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The Nicest Action Comics #1 You'll Ever See

Old 08-24-14, 09:53 AM
  #26  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by davidh777 View Post
If you had that much disposable income, you wouldn't have debts, car payments, or financial issues.
And yet it happens to people all the time.
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Old 08-24-14, 11:03 AM
  #27  
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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.
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Old 08-24-14, 11:56 AM
  #28  
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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.
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Old 08-24-14, 12:53 PM
  #29  
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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.
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Old 08-24-14, 04:33 PM
  #30  
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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.
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Old 08-24-14, 08:00 PM
  #31  
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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.
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Old 08-24-14, 08:02 PM
  #32  
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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.
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Old 08-24-14, 08:07 PM
  #33  
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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.
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Old 08-24-14, 08:08 PM
  #34  
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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?
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Old 08-24-14, 10:01 PM
  #35  
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Re: The Nicest Action Comics #1 You'll Ever See

Wow over 3 million. Holy shit that's a lot of money.
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Old 08-25-14, 12:28 AM
  #36  
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Re: The Nicest Action Comics #1 You'll Ever See

Wonder if Todd mcfarlane bought it.
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Old 08-25-14, 07:31 PM
  #37  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by auto View Post
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 View Post
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? View Post
I wonder if this went to someone who will display it or shove it in a safe.
Originally Posted by robin2099 View Post
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!
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Old 08-25-14, 08:01 PM
  #38  
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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.
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Old 08-25-14, 08:10 PM
  #39  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by PhantomStranger View Post
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!
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Old 08-25-14, 10:13 PM
  #40  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by Xiroteus View Post
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.
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Old 08-25-14, 10:22 PM
  #41  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by PhantomStranger View Post
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.
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Old 08-25-14, 10:27 PM
  #42  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by Xiroteus View Post
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.
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Old 08-25-14, 10:30 PM
  #43  
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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.
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Old 08-25-14, 11:59 PM
  #44  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by mrhan View Post
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 View Post
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.
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Old 08-26-14, 12:46 AM
  #45  
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Re: The Nicest Action Comics #1 You'll Ever See

Originally Posted by Xiroteus View Post
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.
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Old 08-26-14, 08:18 AM
  #46  
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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.
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Old 08-26-14, 06:14 PM
  #47  
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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.
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Old 08-27-14, 03:32 PM
  #48  
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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.
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