First Issue Of Amazing Spider-Man Swings To Record-Setting $1.38 Million SupermanNo. 1 Graded Fine/Very Fine 7.0Soared To $2.34 million, Close To A Record High For The First Issue Of The Man Of Steels Solo Comic
February 02, 2024
Heritage Auctions $20.3 million Comics & Comic Art event, held Jan. 11 to 14, contained more records than a jukebox. As expected, the auction proved a history-maker anda headline-makerthanks to its assemblage of the sole-highest-graded examples of key titles. Chief among their impressive ranks wasone of only two copies of The Amazing Spider-ManNo. 1 graded CGC Near Mint/Mint 9.8, which realized a record-setting $1,380,000. The book, which hit newsstands in March 1963, just seven months after Peter Parker and his web-slinging alter-ego debuted in Amazing FantasyNo. 15, made its auction debut at Heritage during the day one Platinum Session. This landmark book came from CGCs Curator Pedigree and sold for nearly three times the amount realized by the CGC Near Mint+ 9.6 copy that sold in July 2023 for $520,380. Spider-Man wasnt the lone seven-figure superhero in this auction. One of only two copies of SupermanNo. 1 graded Fine/Very Fine 7.0soared to $2.34 million, close to a record high for the first issue of the Man of Steels solo book. And a bidding war overthe single highest-graded copy of 1942s All Star ComicsNo. 8, featuring the debut of Wonder Woman, drove its final price to $1.5 million. The sold-out 1,177-lot auction realized $20,338,429 thanks to the more than 5,500 bidders who participated worldwide and who kept things exciting into the fourth day session full of bidding wars and five-figure results (like the one for Glenn Fabrys cast portrait that appeared onthe cover of PreacherNo. 56, which realized $27,600). This auction will likely be remembered as the one that, for the moment, reset the market for some significant titles. Among its most coveted lots was one of comicdoms most defining moments1956s ShowcaseNo. 4, which kicked off the Silver Age by introducing Barry Allens Flash. A bidding war helped that historic book, graded Near Mint+ 9.6, race to its final price of $900,000, smashing the previous high of $179,250. Not far behind wasthe worlds highest-graded copy of The Brave and the Bold No. 28, in which the Justice League of America debuted. A stunning Near Mint+ copy realized a record-setting $810,000. All of the biggest books in the Platinum Session met our expectations and, in many cases, exceeded them, mentioned vice president Barry Sandoval. It was obvious thisSpider-Manwas an opportunity not likely to come around, and the final price reflected that. And the ShowcaseNo. 4 and Brave and the BoldNo. 28 are the two best copies of any Silver Age DC that exist, and it was nice to see the market respond. And Hulk smash! Auction records, anyway, thanks tothe nicest copy of Incredible HulkNo. 1 Heritage has ever offered. This CGC Near Mint- 9.2 example opened live bidding at $340,000. But a heated bidding war drove its final price to an auction record of $825,000. Anda Silver SurferNo. 1 from the Boston Pedigree, graded CGC Near Mint/Mint 9.8, soared to a new record of $132,000. Original art likewise made history in this auction, led by the legendaryGeorge Prezs AvengersNo. 161 cover, on which Captain America, Black Panther, Wonder Man, the Vision and the Scarlet Witch are being Attacked by the Ant-Man! It realized $288,000, tying the artists auction record set in December 2022, whenhis cover for Justice League of AmericaNo. 195 likewise sold for $288,000. Not far behind wasJohn Romita Sr.s unforgettable cover of The Amazing Spider-ManNo. 87, which concluded a long-running storyline in which Peter Parker appeared to be losing his powers. That iconic image sparked a bidding war that resulted in a final price of $210,000. Frank Frazetta, still the title-holder for the maker of the most valuable work of comic or fantasy art ever made, made his mark in this event whenhis 1972 painting Snake Bitrealized $186,000. Whats most interesting about this work, created as a promotional piece for the Spurs: the Western Writers of America Book Club, is that the public never saw it, as it went unused. But client-collectors sparked a bidding war over a rare Frazetta work that goes west. For more information, visit www.HA.com.
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