High Comics Related Item for the Week Ending 12.11.2010 (All American #16)

All-American Comics #16 CGC 8.0 1st Green Lantern! cm

Big-time book. Some weeks I yawn, other weeks I smile. Even restored, this week, I smile.

Sold For: US $24,500.00 Seller: comicmylars ( 3076 )

Description:

Up for auction is:
All-American Comics #16 CGC 8.0 1st Green Lantern! Apparent VF 8.0 Slight (P) Off-white pages! With the movie coming out, this book is poised to increase in value! This book is from 1940!
This book currently ranks fifth on Overstreet's Top 100 Golden Age Books list (trails only Action #1, Detective #27, Marvel #1, and Superman #1 – and is ahead of Bat-man #1….) and is priced at $280,000 in the price guide at 9.2.
To put that in perspective, CGC has certified just one unrestored copy nicer than FN 6.0 to date! Green Lantern's origin and first appearance! Overstreet price guide says this book is "rare" and this is also listed as a Gerber "scarce"… Restoration includes: "spine split sealed to cover, glue on spine of cover, cover cleaned, cover reinforced."
Again, this has only 'slight' professional restoration (much better than some others with Moderate restoration… don't even compare vs ones with Extensive restoration). What was this book before the 'slight' restoration??? A CGC 4.5 unrestored just sold in 2009 for over $42,000…
This is a great looking book and an even better investment. Books this nice are close to impossible to find!

And the book:

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