The Action #1 CGC 9.0 Auction Starts Tonight

Here are a few final updates before the auction kicks off.

  • The liquidity requirements have been dropped by $1,000,000. Whether this is strategic or is down to lack of interest at the perceived $3,000,000 price tag is unknown.
  • Mark Seifert posted details on the actual timeline of this book in the Census. It appears that it was in the census as an 8.0 for two and a half years and then, in the next update, showed up as a 9.0. If this is true then the book was in the census all along and CGC only held up the grade bump until July. This is still damn confusing.
  • Vincent Zurzolo from Metropolis/ComicConnect was talking down the chances of this book on CNBC. While I've been skeptical of the higher end of people's predictions (anything over $3,000,000 would surprise me) the numbers he's throwing around seem low. Unless people are bluffing there's a legit bidder floor for this book right around the previous record and I can't imagine the reserve isn't at that level as well. Assuming the book was shopped around at over $1,000,000 after the Kansas City sale )As an 8.0) selling it for $1,500,000 now makes no sense.

Anyway, get your popcorn ready. Once this book sells, I'm going to bite the bullet and revamp my list of the world's most valuable comic books with new estimates. Should be fun.

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