CGC-certified Action Comics #1 Realizes More than $375,000 in ComicConnect Sale

Posted on 7/1/2024

The auction included a high-grade Giant-Size X-Men #1 and two other CGC-certified books that realized six figures.

Look! Up in the sky! It’s another lofty sale for another grail certified by Certified Guaranty Company® (CGC®). An Action Comics #1 led the way as four CGC-certified books each realized more than $100,000 in the ComicConnect Event Auction #58 on June 24-28, 2024.

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Realizing $379,579 was an Action Comics #1 graded CGC 5.5 Restored, an example of the 1938 comic by Jerry Siegel and Joe Shuster that introduced the world to Superman. The Man of Steel was such a massive success for DC Comics that they quickly rushed the hero into his own solo title in 1939. It’s only fitting that a Superman #1 graded CGC 2.0 was also offered in this action; it realized $196,905.

In the 1940s and 1950s, Superman soared to cultural prominence, becoming an iconic American superhero. During these decades, Superman was not just a comic book hero but also a radio, television and film star, symbolizing hope and justice during World War II and the post-war era. Today, Superman remains a cultural icon, consistently popular through comic books, movies, television shows and merchandise. The hero has been trending on social media lately with new set photos from the upcoming 2025 Superman film, possibly spurring an upswing in speculation on the comic book market.

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Also sold in this auction was a Giant Size X-Men #1 graded CGC 9.9, which set an impressive new record for the issue by realizing $170,000. Published in 1975, Giant-Size X-Men #1 played a critical role in revitalizing the X-Men franchise. Written by Len Wein and illustrated by Dave Cockrum, this comic introduced a new, diverse X-men lineup, which now included Storm, Colossus, Nightcrawler, Thunderbird and Wolverine. This issue is particularly significant as it not only injected fresh energy and multiculturalism into the series but also laid the foundation for future story arcs and character developments, ultimately ensuring the X-Men's place as a cornerstone of the Marvel Universe.

As of June 2024, there were more than 13,000 examples of Giant-Size X-Men #1 in the CGC Census, but this is the only one sitting at the top with a CGC 9.9 grade. This giant-sized sale is a new record for this issue, easily surpassing the previous high of $72,000, set by a CGC 9.8 in June 2021.

Other CGC-certified comics sold in this auction include:

  • a Detective Comics #31 graded CGC 5.0, which realized $174,340
  • a Wonder Comics #2 graded CGC 9.2, which realized $89,700
  • a Detective Comics #168 graded CGC 9.0, which realized $80,169
  • an All-Star Comics #8 graded CGC 5.5, which realized $70,150
  • an Amazing Fantasy #15 graded CGC 5.0, which realized $56,003
  • an Adventure Comics #40 graded CGC 5.0, which realized $53,155
  • a Detective Comics #38 graded CGC 5.0, which realized $52,000
  • a Marvel Mystery #4 graded CGC 3.5, which realized $47,000
  • a Batman #181 graded CGC 9.8, which realized $42,000

About CGC

Since revolutionizing comic book grading in 2000, CGC has grown to include certification services for a vast variety of pop culture collectibles. These divisions include CGC Cards, CGC Video Games and CGC Home Video. CGC Cards provides expert card grading for TCGs, sports cards and non-sports cards. CGC Video Games is dedicated to video game grading for the most popular consoles, including Nintendo, Sega, Atari, PlayStation and more. The newest division of CGC, CGC Home Video, provides expert VHS grading in addition to other types of home media.

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