First Spider-Man Comic From 1962 Sells for $1.1 Million

NEW YORK, March 9, 2011 /PRNewswire/ -- Spider-Man, Spider-Man, does whatever a spider can ... but also what no other 1960s comic book can do ... sell for $1,100,000!

Spider Man - Amazing Fantasy #15 - 1962

ComicConnect.com, one of the industry's leading online auction sites, just sold an extremely rare, highest graded copy of Amazing Fantasy #15, the Marvel comic book by legends Stan Lee and Steve Ditko, that introduced the world to the web slinging, wall crawling superhero known as Spider-Man, a.k.a. Peter Parker. The sale of this legendary comic is second only to the Guinness World record 8.5 VF+ Action Comics #1, which marks Superman's 1938 debut that was also sold by www.ComicConnect.com last year for a whopping $1,500,000.

"The late 1950s and early 1960s are considered the Silver Age of comic books," says www.ComicConnect.com CEO Stephen Fishler. "The sale of this book crushed all previous records. Up until today's $1.1 million sale, the record sale price of a comic book from this era was $250,000."

Vincent Zurzolo, ComicConnect.com COO and one of the leading experts on collectible comics stated, "The buyer of this amazing comic wanted to own the very best.  The Amazing Fantasy #15 9.6 is the very definition of the very best."

When Amazing Fantasy #15 hit the stands in 1962, it cost a mere 12 cents. Fishler acquired the coveted copy of the comic about 25 years ago, and sold it for $2,500. In 2000, he re-acquired the book and quickly sold it for $140,000 after it had been graded as a CGC 9.6 NM+ on the 10-point grading scale created by Fishler.  Today, that scale is used universally to evaluate the condition of comic books.

"People have often wondered how much this near-perfect condition book would sell for, and today we found out," explains Zurzolo.  "There are very few books and characters that can dictate this kind of price and Spider-Man in Amazing Fantasy #15 is one of them."

SOURCE www.ComicConnect.com