High Comics Related Item for the Week Ending October 3, 2009

As reported previously…

CAPTAIN AMERICA COMICS #2 CGC 9.2 NM- Classic Hitler c

Winning bid: US $103,099.00 Seller: filter81 ( 491 )

Description:

Up for bidding is perhaps the single nicest comic book I've ever had the pleasure of being able to offer for sale on eBay!!! For sale in this auction is a Captain America Comics 2 CGC 9.2 NM-!!!!!! Captain America 2 was published in 1941 and features a classic Hitler cover.

This comic was just recently discovered as part of an original owner collection in rural Connecticut. The story behind this book is almost as unlikely as the book itself. It began with a late night phone call with the gracious and friendly seller of a small group of 80 original owner comics in Litchfield County, Connecticut. The young man was selling the books for his uncle, who purchased all of them on the newsstand in the same general area. Sitting untouched, unbagged, and unboarded for almost 70 years this freak of nature somehow managed to survive in Newsstand fresh shape for decades!! As most Timely collectors know, Captain America 2 is easily one of the toughest Timelys to find in high grade, and at 9.2 this comic is the nicest copy that has ever been graded by CGC by a wide margin!!!

Overstreet guide value for this comic in 9.2 is $29,000. However, you can pretty much throw guide value out the window for a book like this! This book is simply going to be worth whatever the highest bidder is willing to pay. In this grade, this book is virtually one-of-a-kind and its very possible that a nicer copy will never be offered for sale!!

With this book being so unique, it is tough to find any sales to compare it to. NO CGC graded issues of Captain America below issue #7 have ever sold publicly in a grade of 9.2 or higher. A Superman 2 CGC 9.2 (a book from the same time period with a similar guide value, but with an inferior cover and more availability in high grade) sold for $54,625 in CGC 9.2 in 2006. (And would likely sell for considerably more than that today!)

This comic is without a doubt one of the best investments available in the comic book industry. This book is Impossible to find in grade, and is a highly desirable Timely with a classic cover. High grade Timelys such as this one consistantly increase in the guide at a rate of 10%-15% per year. And with an Avengers movie and a Captain America movie (taking place in the Golden age – WW II era) due out over the next several years, this already in demand book is going to get even hotter in the coming months. If I had purchased this collection by myself and this book was 100% mine to do what I wanted with, there is absolutely no chance I'd even think of putting it up for sale!!

With that said, this book is being listed at a starting bid of 99 cents with NO RESERVE! So someone will be winning this book! Here is a once-in-a-life time opportunity for the average collector to have a chance at a book that would typically never make it to the open market! Time payments are available for this book IF the winning bidder contacts me to set something up PRIOR to the auction ending.

Good luck and have fun bidding.

And the GORGEOUS book

captain-america-comics-2

Seriously, where do we go from there? What on earth can eBay do to follow that up?

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