Pedigree Comics Sells CGC Certified 9.2 Copy of Amazing Fantasy #15 For Record Price of $392,000




Posted on 6/1/2016

MAJOR NEWS! According to Pedigree Comics’ CEO and President, Doug Schmell, his company recently brokered the sale of a CGC certified 9.2 (NM-) copy of Amazing Fantasy #15 for a record price of $392,000.

Featuring the origin and first appearance of Spider-Man, Amazing Fantasy #15 is the most popular and valuable early Silver Age key, ranked as #1 according to latest Overstreet Guide listing (2015). It is the most valuable by quite a wide margin, exactly 60% higher in value than the #2 ranked Silver Age comic, Incredible Hulk #1. And, as many collectors and dealers will tell you, It is also one of the most difficult Silver Age Marvel first appearance issues to locate in high grade.

Cover dated August, 1962 (the same month as Thor’s initial appearance from Journey Into Mystery #83), Amazing Fantasy #15 is one of the hottest books on the market right now, with record sales in each grade being recorded over the past year or so. A 9.0 copy sold at auction in late March for a record price of $237,000 and a 9.4 example fetched a record $454,100 in February, similarly at auction. A 7.5 copy went for $73,500 in October, 2015. The prior high sale (and only previous sale) for a 9.2 copy of this scarce comic book was the one Pedigree Comics had made of this same copy, for $190,000 in their February, 2009 Grand Auction!

According to the CGC census, only 8 copies in the world (out of 2,495 so far submitted to the CGC) has graded higher than this 9.2 one, 3 in 9.6 (one of which sold for a record price of 1.1 million in March of 2011) and only 5 in 9.4. Amazingly, only ONE other copy has certified at 9.2. High grade copies of this important comic book rarely change hands and when they do, it is almost always at record prices.

The book is characterized by unbelievable color strike, exact cover alignment, tight staples, razor sharp corners and phenomenal off-white to white pages. It is further identified by a small and unobtrusive date stamp (5–31) near the top left center of the front cover. The book does not contain any Marvel Chipping. It is the 9th nicest existing copy in the world as of this writing.

The transaction took over a few weeks as the seller and buyer could not initially agree on a mutually agreeable price, partly because of the seller’s reluctance to part with it but after numerous telephone calls over two plus weeks , the price of $392,000 was confirmed on Monday, May 9th. The buyer is an ultra high grade golden and Silver Age collector who concentrates on keys and first appearance issues and is extremely happy with the book.

If you have any comic books to sell or consign, do yourself a favor and contact Pedigree Comics or check out their website at www.PedigreeComics.com. If you have any questions, comments, suggestions, concerns, etc. about how to get the most amount of $$ for your treasured books, either by sale or consignment, please contact Mr. Schmell at (561) 422-1120 or (561) 596-9111 or by email at DougSchmell@pedigreecomics.com. Mr. Schmell has been involved in the sales of more high grade CGC graded, investment quality Silver Age Marvel keys, either by purchase, brokerage or consignment, than any other dealer in the world and he keeps all calls and information confidential for your protection.

Pedigree Comics is now accepting consignments for their upcoming June Grand Auction. The sooner you consign your books the more exposure they will receive. Pedigree aggressively promotes and advertizes each auction and sends periodic newsletters to all of their over 22,000 customers announcing the auction items. Pedigree also offers generous cash advances for quality consignments so check the site for consignment instructions and get your books in now.

Mr. Schmell invites you to take advantage of Pedigree’s many outstanding services. Consignors maximize their profits selling in the Grand Auction, more so than on any other auction site or auction house. Pedigree does not charge a buyer's premium, an amount that most bidders take into consideration when bidding in other sites (the bidders simply deduct the buyers’ premium amount, usually 20% of the winning price, from their final bid, meaning less $$ to the consignor and more to the auction site). The higher the value of your book(s) that sell in a Grand Auction, the more money you take home under Pedigree Comics’ Climbing Scale.

A Climbing Scale is in effect for consigned items with a winning bid as follows:

      10% Commission for any consigned item that sells up to $10,000 (Consignor’s Proceeds = $90% of the final bid price);

      9% Commission for any consigned item that sells over $10,000 and up to $25,000 (Consignor’s Proceeds = $91% of the final bid price);

      8% Commission for any consigned item that sells over $25,000 and up to $50,000 (Consignor’s Proceeds = $92% of the final bid price);

      6% Commission for any consigned item that sells over $50,000 and up to $100,000 (Consignor’s Proceeds = $94% of the final bid price);

      5% Commission for any consigned item that sells over $100,000 (Consignor’s Proceeds = $95% of the final bid price)

Pedigree Comics consistently sets new sales records for Golden Age, Silver Age and Bronze Age comic books and magazines in each of their bi-monthly auctions and they do not saturate the market with the same material each month. Grand Auctions are unique and exciting, with brand new CGC certified and diversified, highest quality material in each event. Why take home less $$ and settle for less by consigning with someone else?

There are three easy ways to consign your books to any of Pedigree’s upcoming Grand Auctions. The only criteria are that the books must be CGC graded and worth no less than $100.00. If you have high grade raw books that you want to have certified and sold in a Grand Auction, you can utilize Pedigree’s Raw To Riches Consignment Service, in which they will have your books certified under their account and will lay out all the CGC grading fees in advance for you (refer to the website and their Overstreet Comic Book Price Guide advertisement for all the details of the Raw to Riches Consignment Service). Here is how to consign:

      1. Ship your books directly to their offices in Wellington, Florida. They will inventory, scan and upload each book into the Grand Auction listing. The books will be listed under your personal account and you will receive email notification at the conclusion of the auction with a list of every consigned book that sold along with the winning bid made.

      2. Email the scans of the books you wish to consign directly to them at DougSchmell@pedigreecomics.com. They will format and upload each scan onto their server and then put each book into the Grand Auction listing. Please use a .jpeg format with the resolution set at 72 and the pixel width at 550 for optimum clarity. If you do not have a scanner you can use a digital camera.

      3. You can upload your own scans, item information, book descriptions and reserve amounts, if any, by utilizing their Automated Consignment System. Just register onto the site (www.PedigreeComics.com) and login, click the “Customer Page” tab under “Your Account” and then click “Consignments” (under the “Auctions” heading). You will then be able to enter the Pedigree Comics Consignment Management System and list your own CGC certified books and magazines. Pedigree will receive an email once you have uploaded the scan and book information for each individual item into the system and they will then review the information imparted for accuracy. The item(s) will then be added to the Grand Auction listing to be bid on. You will be amazed how simple it is to use the Automated Consignment System.

If you have any questions or comments about the consignment process, any of the auction lots in the upcoming November auction or about the Grand Auction in general, please contact Mr. Schmell at (561) 422-1120 (office) or (561) 596-9111 (cell) or at DougSchmell@pedigreecomics.com. For any payment related questions, please contact Pedigree's CFO, Lisa Shapiro, at LisaJoy@pedigreecomics.com

This is a guest article. The thoughts and opinions in this piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.

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