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Edgar Church/Mile High Action Comics #12808

COLLECTOR DarthLego private msg quote post Address this user
Quote:
Originally Posted by 00slim
Quote:
Originally Posted by DarthLego
CBCS should offer to slab it free just for the sake of protecting history.


And bragging rights. 👍🏼

Boy, just imagine how that would stick in CGC's crawl! @SteveBorock are you reading this?
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I don't believe this....and I know you don't care that I don't believe this. GAC private msg quote post Address this user
Quote:
Originally Posted by kaptainmyke
wow. impressive history lesson to be learnt there


If this list is considered credible or informed I find it very interesting that (#1) Action Comics #1 in a 9.2 possibly 9.4 is estimated to be a full million dollars more than (#2) Detective Comics #27 at a 9.4 possibly 9.6. If there was ever any dispute, this list is proof Superman is king.
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COLLECTOR DarthLego private msg quote post Address this user
The only reason for that is he was historically first. Batman still rules.
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Collector docstrange private msg quote post Address this user
Wow fantastic read
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COLLECTOR BigRig private msg quote post Address this user
Quote:
Originally Posted by DarthLego
Quote:
Originally Posted by 00slim
Quote:
Originally Posted by DarthLego
CBCS should offer to slab it free just for the sake of protecting history.


And bragging rights. 👍🏼

Boy, just imagine how that would stick in CGC's crawl! @SteveBorock are you reading this?


Plus the free publicity for it being in a CBCS case. It would make major news outlets top story.
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I don't believe this....and I know you don't care that I don't believe this. GAC private msg quote post Address this user
Some other books of note (in no order)

Kansas City Action #1

The first million dollar comic book. For now and evermore this will be the one that broke that magical barrier.

Estimated Value: $1,750,000



Incredible Hulk #1 CGC 9.4

I believe this is the most valuable single silver age book. Why?

Hulk #1 has been on a roll for a few years
It's so much tougher than Amazing Fantasy 15 to find in high grade
This copy is the single highest graded versus three being tied for the top spot in the case of Amazing fantasy #15

Estimated Value: $1,100,000




Detective 27 CGC 8.0 (the missing copy)

Assuming, of course, that it's not the CGC 9.2 and that it can be found!

Estimated Value: $1,500,000





Batman #1 Church Copy

For a long time I didn't know the location of this book. That's surprising as it's in the same collection as the Church Action #1, the Allentown Detective 27 and the best known copy of Superman #1. Anyway, this is supposed to be the best copy out there. It was listed as a NM in the catalog so it could be anywhere from 9.0 to 9.8. I'm going to lean towards the higher end of the spectrum, knowing that it's never been upgraded in the 30 years since it last sold.

Estimated Value: $1,500,000




Church All American #16 CGC 9.4

Sure it's the golden age Green Lantern and not Hal Jordan, but the book is incredibly tough, sits in the top ten by Overstreet value and we didn't riot when presented with the idea that it sold for $1,000,000. It was a little high at the time, but for a book like this a premium is deserved.

Also, a gorgeous book.

Estimated Value: $1,000,000






Action #1 CGC 7.5

Sold for 192,120 in 2002. Something like a tiny spot of glue or a dot of color touch (I don't remember which) is noted on the label, which will hold it back a little. Still, I can't imagine that it hasn't moved significantly from the 2002 sale price.

Estimated Value: $1,150,000







Fantastic Four #1 CGC 9.6

There's a picture of me holding this book somewhere on my hard drive. It's a nice copy. Traded at a $450,000 valuation. While trade values aren't worth much to me most of the time, I was very comfortable with that as a value for this book.

Estimated Value: $750,000





Captain America Allentown CGC 9.8

Sold for $260,000 nearly fifteen years ago now. On the downside, it's already in the hands of the guy likeliest to spend a lot of money for it. On the upside- Captain America is way more popular than the Sub-Mariner and Human Torch.

Estimated Value: $1,000,000





Mile High/Edgar Church Superman #1 CGC 8.0

Another one of these books that I've actually seen in person. It's a stunner. Bechara paid a pretty strong price all those years ago. Still it's the second best Superman #1 and it's a beautiful copy. I'm curious what the removed restoration would do to the price. From what I can tell people are a little hesitant about the book because of it and I think that would put a brake on the price.

This sale made quite a splash, as I remember it. It even made CNN. My mother called me and said "That comic guy you know, Bechara? He was on television. He bought a comic book for some record price? Know anything about it?"

Estimated Value: $1,150,000






Amazing Fantasy 15 CGC 9.6

This is a weird one, as a copy already sold for $1,100,000. That was before 2 new 9.6s appeared on the CGC Census. I'm just not feeling an increase on this one. That said, if a 9.8 appears, it goes in the top 10.

Estimated Value: $1,000,000
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Collector TommyJasmin private msg quote post Address this user
Quote:
Originally Posted by GAC
As we know, a few years ago an Action Comics 1 9.0 sold for $3.2 million on eBay won by Metropolis Comics. My understanding is the Edgar Church /Mile High Action Comics #1 is likely to be a 9.4 maybe 9.6 grade. The owner refuses to have it graded for reasons unknown. My question is if the Action Comics 1 is indeed a 9.4 or even 9.6 what do you think it's worth?


Here's another answer GAC, which is entirely based on a computer algorithm I maintain, driven by actual sales. It's factoring in that semi-recent CGC 9.0 sale, which I was hesitant to include, but ultimately decided to. This Top 100 list is normalized to CGC NM 9.4 pricing, but I'm not in any way married to that, and would certainly consider swapping that out for CBCS pricing if I thought there were decent reasons to.
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Collector Savage_Spawn private msg quote post Address this user
With all that crazy history of this book, I believe even the owner could benefit greatly by going with CBCS.
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