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A unique edition of The Amazing Spider-Man No. 1 has been purchased for over £1 million.

A unique edition of The Amazing Spider-Man No. 1 has been purchased for over £1 million.

A scarce version of the initial release of The Amazing Spider-Man has been purchased for over £1 million.

In March of 1963, a comic book was published that sold for an impressive $1.38 million (£1.1 million) at an auction. This particular issue of The Amazing Spider-Man No 1 is considered to be in “near mint/mint” condition, according to the comic book grading service Certified Guaranty Company (CGC), and is one of only two copies to receive this rating.

According to Fine Books magazine, Barry Sandoval, the vice president of Heritage Auctions, stated that this particular Spider-Man item was a rare opportunity and its final selling price reflected that.

In July of last year, a “near mint” CGC-rated version sold for $520,380 (£410,184), while the copy in question sold for almost three times that amount.

In August of 1962, the character Peter Parker, also known as Spider-Man, was first featured in the anthology series Amazing Fantasy, created by artist Steve Ditko and writer Stan Lee. Several months later, the popular series The Amazing Spider-Man was launched and has continued to release over 900 issues, achieving this landmark in 2022.

A rare edition of Superman No 1 was also auctioned, receiving a “fine/very fine” rating and selling for $2.34 million (£1.8 million). This issue, published in 1939 by DC Comics, marked the beginning of the superhero’s solo series and was the first comic solely dedicated to one hero.

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Some notable items sold at the auction were a copy of Showcase No. 4, which marked the debut of Barry Allen (aka The Flash) and set a new record with a sale price of $900,000 (£709,173); a copy of All-Star Comics No. 8 from 1942, which introduced Wonder Woman and sold for $1.5 million (£1.18m); and a copy of Edgar Rice Burroughs’ All-Story from October 1912, which featured the first appearance of Tarzan and was purchased for $264,000 (£208,036).

CGC president Matt Nelson stated that the first million-dollar comic book sales this year, as well as the exceptionally high prices for The Amazing Spider-Man No 1 and Showcase No 4, demonstrate the strong bond that collectors have with these valuable pieces of culture.

The first issue of The Amazing Spider-Man, titled No. 1, retells the story of Spider-Man’s beginnings and includes a crossover with the Fantastic Four. According to Nelson’s statement to the New York Post, this particular issue is significant in the Spider-Man universe as it marks the start of his own long-standing series. He also mentioned that in today’s market, acquiring this edition could be a rare and unique chance.

Source: theguardian.com