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 Post subject: Spider-Man Debut issue sells for $1.1 Million
PostPosted: Sun Mar 20, 2011 2:29 pm 
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Mr. IMWANKO

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Early in March 2011, a copy of Amazing Fantasy #15 sold for over a million dollars:

Associated Press wrote:
Spider-Man's debut sells for $1.1 million
A comic collector has been caught in Spider-Man's web, paying $1.1 million for a near-mint copy of
"Amazing Fantasy" No. 15 that features the wall-crawler's debut. The issue, first published in 1962,
was sold Monday by a private seller to a private buyer, ComicConnect.com chief executive Stephen
Fishler told The Associated Press on Tuesday.

It's not the highest price ever paid for a comic book, an honour that goes to "Action Comics" No. 1
with Superman on the cover, which went recently for $1.5 million. But Fishler says the price paid is
the most for a book from the Silver Age, the mid-1950s to about 1970.

"The fact that a 1962 comic has sold for $1.1 million is a bit of a record-shattering event," he said.
"That something that recent can sell for that much and be that valuable is awe-inspiring." Usually, it
has been comics from the Golden Age — typically from the late 1930s to the early 1950s — that
draw seven-figure sums.

In March 2010, a copy of the 1938 edition of "Action Comics" No. 1 sold for $1.5 million on
ComicConnect's website. That issue features the debut of Superman and originally sold for 10 cents.

In February 2010, Heritage Auctions in Dallas sold a rare copy of "Detective Comics" No. 27, which
featured the debut of Batman, for $1,075,500. Fishler said the same issue had initially sold for just
$2,500 in 1985 and for $140,000 in 2000.

"Over the last decade it has become a rather legendary copy because it was in the hands of a collector
and no one thought he would sell," Fishler said. "The owner came up with a figure that he didn't think
anyone would pay, and it was paid."

"Amazing Fantasy" No. 15 has long been prized by collectors because of Spider-Man's debut. It has
been reprinted and made available as a hard-cover, too.

The cover, drawn by Jack Kirby and Steve Ditko, shows Spider-Man clutching a villain in one arm and
swinging from his web with the other. It originally sold for 12 cents. Writer Stan Lee and Ditko co-create
the web-slinger and his alter ego, the awkward but educationally gifted Peter Parker, who was bitten by
a radioactive spider.

"Spider-Man is one of Marvel's flagship characters so, yeah, I'd say 'Amazing Fantasy' is very important,"
said Marvel Comics editor-in-chief Axel Alonso. "Funny thing is, the series — which was formerly titled
'Amazing Adult Fantasy' — was scheduled for cancellation before issue 'Amazing Fantasy' No. 15 hit
stands. It ended up being one of Marvel's highest sellers at the time, and paving the road for the
'Amazing Spider-Man' series that's run monthly ever since."

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 Post subject: Spider-Man Debut issue sells for $1.1 Million
PostPosted: Sun Mar 20, 2011 2:30 pm 
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Mr. IMWANKO

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Did anyone catch the condition on this copy? Must have been nearly perfect.

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 Post subject: Spider-Man Debut issue sells for $1.1 Million
PostPosted: Sun Mar 20, 2011 2:49 pm 
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Manchester City Fan

Joined: 29 Dec 2006
Posts: 32250
Location: MN
Beachy wrote:
Did anyone catch the condition on this copy? Must have been nearly perfect.


I heard it was graded at 9.6.
The only one ever.
There have been a lot of 9.4's.


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 Post subject: Spider-Man Debut issue sells for $1.1 Million
PostPosted: Sun Mar 20, 2011 3:57 pm 
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Mr. IMWANKO

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Thanks, Garp. I see it now listed at http://www.comicspriceguide.com as a 9.6.
A 9.4 copy sold for $210,000 in 2007. Four years and that 2/10s grade differences
makes one hell of a difference.

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 Post subject: Spider-Man Debut issue sells for $1.1 Million
PostPosted: Sun Mar 20, 2011 4:24 pm 
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Manchester City Fan

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Location: MN
I know it is the highest graded copy known to exist, but I still think the price is a bit high.
If a 9.8 shows up you are ikely taking a huge hit.


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 Post subject: Spider-Man Debut issue sells for $1.1 Million
PostPosted: Sun Mar 20, 2011 5:49 pm 
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Mr. IMWANKO

Joined: 18 Sep 2005
Posts: 73857
Location: the Moist Periphery of Pendulum Tide
It's still probably one of those things that we'll look back on in ten years and go, "Man,
that was cheap." :lol:

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