wow... WHAT recession???
 
Can't help but wonder what his down-grade re-sell will go for?
 
Looks like there are 4 graded higher
 
        Title 
Action Comics   Issue No. 1   Issue Date 6/38   Year 1938   Publisher D.C. 
Comics   Country           Country/Variant
-       Grade Universal Qualified Signature Series Restored
_See Detail_ 
(http://www.cgccomics.com/census/grades_restored.asp?title=Action+Comics&publisher=D.C.+Comics&issue=1&year=1938&issuedate=6/38)
   Total  
Mint  10.0  0  0 0 0  0   Mint  9.9  0  0 0 0  0   Near Mint/Mint  9.8  0  0 
0 0  0   Near Mint +  9.6  0  0 0 0  0   Near Mint  9.4  0  0 0 0  0   Near 
Mint -  9.2  0  0 0 0  0   Very Fine/Near Mint  9.0  0  0 0 1  1   Very 
Fine +  8.5  1  0 0 2  3   Very Fine  8.0  0  0 0 1  1   Very Fine -  7.5  1  0 
0 4  5   Fine/Very Fine  7.0  0  0 0 1  1   Fine +  6.5  2  0 0 3  5   Fine 
 6.0  1  0 0 0  1   Fine -  5.5  1  0 0 0  1   Very Good/Fine  5.0  0  1 0 
1  2   Very Good +  4.5  1  0 0 1  2   Very Good  4.0  5  0 0 0  5   Very 
Good -  3.5  2  0 0 0  2   Good/Very Good  3.0  3  0 0 0  3   Good +  2.5  3  
0 0 0  3   Good  2.0  1  0 0 0  1   Good -  1.8  2  0 0 0  2   Fair/Good  
1.5  0  0 0 0  0   Fair  1.0  1  0 0 1  2   Poor  0.5  1  0 0 1  2     Total 
25  1  0  16   42  

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