Maybe that's why Cage sold the book. He had to give the money back to the
insurance company, and he already spent the money he received for it.
JW
________________________________
From: Richard Halegua Posters + Comic Art <sa...@comic-art.com>
To: MoPo-L@LISTSERV.AMERICAN.EDU
Sent: Friday, December 2, 2011 1:00 PM
Subject: Re: [MOPO] Damn Thats A Lot Of Money For A Comic Book
this copy was Cage's that was stolen, insured, found and returned to Nick. I
don' t know what happened with the insurer
At 08:42 AM 12/2/2011, John Waldman wrote:
Action comics # 1 looks to be a good investment if you have the money. It
keeps going up in value.
>As far as crazy people buying this comic, Nicolas Cage had a Action #1 at one
>point I believe. Enough said.
>JW
>
>From: "dreamfact...@hollywooddreamfactory.com"
><dreamfact...@hollywooddreamfactory.com>
>To: MoPo-L@LISTSERV.AMERICAN.EDU
>Sent: Thursday, December 1, 2011 9:47 PM
>Subject: Re: [MOPO] Damn Thats A Lot Of Money For A Comic Book
>
>Thank The good Lord for thier being crazy people with money left on
>the planet we may just get out of this mess yet
>
>anyone want a old GUMBY doll for 50 K??? no check please - cash only
>
>would possible sell at auction for 3 Mill hands down... heres your
>chance to beat the compatition..
>
>GUMBY is pristine with that trademark fresh vinyl smell you can
>Cuddle him in your abode as You read your #1 action superman and
>chew your bazooka Buble gum and all will be well in 2012 !!!
>
>>
>>
>>---- Original Message ----
>>From: flixs...@aol.com
>>To: MoPo-L@LISTSERV.AMERICAN.EDU
>>Subject: RE: [MOPO] Damn Thats A Lot Of Money For A Comic Book
>>Date: Thu, 1 Dec 2011 12:44:13 -0800
>>
>>>Bruce and Rich got out of comics just in time.......think of the tax
>>hassles they would have to be putting up with now.
>>>
>>>
>>>A rare and pristine copy of the first issue of Action Comics, famed
>>for the first appearance of Superman, has set a record Wednesday for
>>the most money paid for a single comic book: $2.16 million.
>>>
>>>
>>>The issue, graded at 9.0, was auctioned starting Nov. 11 online at
>>www.comicconnect.com. The starting bid was just $1 but there was a
>>reserve price of $900,000. Neither the name of the buyer nor seller
>>was disclosed.
>>>
>>>It's the first time a comic book has broken the $2 million barrier.
>>The issue was published in 1938 and cost just 10 cents.
>>>
>>>IN PICTURES: Monitor Political Cartoons
>>>
>>>"When we broke the record in 2010 by selling the Action Comics No.
>>1, graded at 8.5, for $1.5 million, I truly believed that this was a
>>record that would stand for many years to come," said Stephen
>>Fishler, CEO of ComicConnect.com and Metropolis Collectibles.
>>>
>>>The previous record set in March 2010 was followed by the sale of
>>another copy for $1 million. But neither of those issues was in as
>>good a condition as the issue that sold Wednesday, though it's
>>pedigree of setting records was already documented. Twice before it
>>set the record for the most expensive book ever, selling for $86,000
>>in 1992 and $150,000 in 1997.
>>>
>>>But in 2000, it was stolen and thought lost until it was recovered
>>in a storage shed in California in April this year.
>>>
>>>About 100 copies of Action Comics No. 1 are believed to be in
>>existence, and only a handful of those in good condition.
>>>
>>>After it was stolen, Fishler said, collectors figured it would never
>>be found or, worse, would be destroyed.
>>>
>>>"Clearly, I was wrong. Not in my wildest imagination could I have
>>predicted that this legendary, stolen Action Comics No. 1 would be
>>found, graded at 9.0 and break the record a year and a half later,"
>>he said.
>>>
>>>
>>>
>>> Visit the MoPo Mailing List Web Site at www.filmfan.com
>>>
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>>.
>>>
>>>
>
> Visit the MoPo Mailing List Web Site at www.filmfan.com
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