Auction Watch: Comic Connect Event Auction

The latest Comic Connect Event Auction is drawing attention from the national press thanks to the unrestored CGC 6.0 copy of Action Comics #1 featured in the sale, which is the highest-graded pristine copy of Action Comics #1 ever sold at auction. Comic Connect’s Stephen Fishler was interviewed by CNN and shared the story of this copy. The owner purchased the comic as a young boy on the West Coast nearly 12 years after Action Comics #1 debuted in June 1938. He reportedly found himself in a secondhand book store, where he persuaded his dad to give him 35 cents to buy the comic book. Until 1966, the owner forgot about the book, which had been stored in his mother's basement. Since then, he's been holding onto it, hoping to see it increase in value, Fishler said. Needless to say, he has not been disappointed. "There has been a lot of interest shown on the book in the collectibles market," said Fishler, who predicted the comic book will sell for about $400,000. The comic has been bid up to $230,000 after only two days, so it will be interesting to see how it ends up when bidding closes on Friday, March 13th. Check out this book and the other great lots in the Comic Connect Event auction at comicconnect.com.