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SA 1: Superman Comic Book #1 Special Auction Contest - Ended 8/24/14

Started by tallguy58, August 19, 2014, 06:30:24 AM

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tallguy58

Edit:  Note - due to the first two guesses being posted before the contest was created, they show at the top.

Scroll down to see the contest.

----------------------------------

$2.2 million
Cheers........Bill

Dan/Panther


The More People I meet, The More I Love, and MISS My Dog.  Dan Robinson

TelePlay

I saw paul-f's comment just before going to work today and then tonight, see two guesses so here goes, a non-phone auction contest just for the fun of it, and, to document this rare eBay auction item for posterity. The item as brought to our attention by Fabius in his separate post on the forum.

NOTE: this contest will use the same rules we use for phone related auctions

This interesting item was listed on eBay for $0.99 on  Aug-14-14 at 18:00:02 PDT in a 10 day auction. It's the very first Superman comic book from June 1938. The first bid was $1,000,000 (yes, million) and 5 day into the auction with 28 bids, it is now up to $2,000,100.00 (yes, million). With just over 5 full days to go in the auction, there is time to do a fun auction suggested by paul-f on Tuesday morning.

The big question is, of course, who can take the best guess at what this comic book will sell for when the auction ends.

The seller listed it as an "Action Comics #1 (June 1938) Superman's Debut, CGC 9.0 - Perfect White Pages" with the item condition as "- - - " and "The finest known copy of the most sought after comic book in the world. A 1938 museum piece with PERFECT WHITE pristine pages." with the auction listing description simply as a

"For sale here is the single most valuable comic book to ever be offered for sale, and is likely to be the only time ever offered for sale during  many of our lifetimes. There are no second chances. This is a NO RESERVE auction.

This is THE comic book that started it all. This comic features not only the first appearance of Superman, Clark Kent and Lois Lane, but this comic began the entire superhero genre that has followed during the 76 years since. It is referred to as the Holy Grail of comics and this is the finest graded copy to exist with perfect white pages. This is .... the Mona Lisa of comics and stands alone as the most valuable comic book ever printed.

This particular copy is the nicest that has ever been graded, with an ASTONISHING grade of CGC 9.0 ! To date, no copies have been graded higher and only one other copy has received the same grade. It is fair to say though that this copy blows the other 9.0 out of the water. Compared to the other 9.0 that sold for $2.1million several years ago it has significant superior eye appeal, extremely vibrant colors and PERFECT WHITE PAGES. This means after 76 years the aging process has yet to begin. Truly this book is a museum piece. It is one of only two copies of this comic in ANY condition to ever be graded with the distinction of having White pages, the other being a CGC 2.5 !

If you are looking to purchase or invest in comic books this is without exaggeration the single best graded comic book that exists. It is the highest graded copy of the most sought after comic book in the hobby, and has the best possible page quality that can be assigned.  If anyone has ever been curious what an Action Comics 1 looked like the day it came off of the newsstand 75 years ago, this is the answer.

This comic is the best of the absolute best and whoever wins this auction will be the envy of the entire hobby for many decades to come.

I proudly present Action Comics #1 CGC 9.0 WHITE Pages.
Please enjoy,
Darren Adams

"The quality and preservation of the Adams Action #1 is astounding," said Paul Litch, CGC primary grader. "The book looks and feels like it just came off the newsstand. It is supple, the colors are deep and rich, and the quality of the white pages is amazing for a comic that is 76 years old." -Paul Litch SR Grader "


http://www.ebay.com/itm/311050328393

NOTE: Due to the high value of this comic, we will use a 1% gap rule between guesses to prevent crowding. One percent at $2 million is $20,000 which should work well.  As such, guess gaps of 2+% can be split. I'll help with these as the auction goes forward and guesses are entered.

Since this is a non-phone contest, the winner will not be included in the Hall of Fame or be counted in the Contest Standings as a win. This one is just for fun. Given the nature of the item, I see a contest guess as kind of like throwing a dart while blindfolded into a 40 mph cross wind while sitting on a bar stool spinning at 10 rpm as it rolls across the room on a bumpy floor at 5 mph.

Absolutely any and all members are very welcome and strongly encouraged to take a guess. After all, there are no wrong guesses, just one lucky one. No one knows the winning bid on any auction until it ends. However, it is important to get your guess in before someone else grabs your guess.


S C O R E B O A R D

$  2,200,000.00 - tallguy58  ( 1 )
$  2,500,000.00 - wds  ( 7 )
$  2,872,000.00 - Fabius  ( 4 )
$  3,030,000.00 - paul-f  ( 5 )
$  3,100.000.00 - Russ Kirk  ( 10 )
$  3,200,000.00 - Dan/Panther  ( 2 ) -> WINNER - Final Selling Price $3,207,852.00
$  3,400,000.00 - WEBellSystemChristian  ( 9 )
$  3,500,000.00 - Mr. Bones  ( 8 )
$  3,600,000.00 - Sargeguy  ( 13 )
$  3,700,000.00 - WesternElectricBen  ( 3 )
$  3,900,001.00 - TelePlay  ( 12 )
$  4,100,000.00 - Kenton K  ( 6 )
$  5,000,000.00 - Western Electric  ( 11 )


Early Morning Auction Status Changes

08-14-14       Listed    $                 0.99
08-15-14     16 Bids    $   1,650,000.00
08-16-14     16 bids    $   1,750,200.00
08-17-14     16 bids    $   1,750,200.00
08-18-14     24 bids    $   1,850,001.00
08-19-14     28 bids    $   2,000,100.00
08-20-14     28 bids    $   2,000,100.00
08-21-14     30 bids    $   2,050,100.00
08-22-14     30 bids    $   2,050,100.00
08-23-14     33 bids    $   2,193,919.38
08-24-14     35 bids    $   2,210,100.00
08-24-14     13 bidders, 43 bids $3,207,852.00 Ended 18:00:02 PDT

WesternElectricBen

Shot in the dark, after the power was cut, 3,700,000.

Ben

Fabius

Tom Vaughn
La Porte, Indiana
ATCA Past President
ATCA #765
C*NET 1+ 821-9905

paul-f

$3,030,000
Visit: paul-f.com         WE  500  Design_Line

.

Kenton K



Fabius



Quote from: TelePlay on August 19, 2014, 08:21:36 PM


Since this is a non-phone contest, the winner will not be included in the Hall of Fame or be counted in the Contest Standings as a win. This one is just for fun. Given the nature of the item, I see a contest guess as kind of like throwing a dart while blindfolded into a 40 mph cross wind while sitting on a bar stool spinning at 10 rpm as it rolls across the room on a bumpy floor at 5 mph.

Absolutely any and all members are very welcome and strongly encouraged to take a guess. After all, there are no wrong guesses, just one lucky one.

What do you mean non-phone item contest? I see 202 type desk sets in several places. If Metropolis was served by Bell then they'd be WECO.
Tom Vaughn
La Porte, Indiana
ATCA Past President
ATCA #765
C*NET 1+ 821-9905

Mr. Bones

I'll try to squeeze in  the $3.5m slot, if I'm not encroaching.

Best regards!
Sláinte!
   Mr. Bones
      Rubricollis Ferus

WEBellSystemChristian

#10
I'll go for 3.4 million.
Christian Petterson

"Whether you think you can or think you can't, you're right" -Henry Ford

Russ Kirk

- Russ Kirk
ATCA & TCI

Western Electric

BELL SYSTEM PROPERTY
         NOT FOR SALE
       Western Electric

TelePlay

$3,900,001.00

Over the past day or so, the number of bidders has increased from 7 to 10.

I wonder how many are waiting in the wings for that last second snipe?

It's a one of a kind, based on condition, so what will that final snipe be?

twocvbloke