This classically undervalued collectible comic, when compared to some of its heavy-hitter Marvel peers like Amazing Fantasy #15 (see "Marvel's 'Amazing Fantasy #15'") and Marvel Comics #1 (see "'Marvel Comics' #1 Realizes A Record Price"), is undervalued no more. The CGC April 2022 census had only 3 copies of this book in a 9.2 grade with only five higher, and Overstreet 2021 pegged its value in 9.2 at $210,000. This gorgeous copy from the Truckee Meadows Collection blew that estimate right out of the water, landing at a whopping $1.5 million, which was roughly seven times the Overstreet value. Needless to say, this is a new record sale for this comic at auction as well as the comic's first million dollar sale.
In the same auction, a CGC NM 9.4 Captain America Comics #1 from the San Francisco Pedigree for 3.4 times the price the same copy brought at auction in 2019 (see "'Captain America Comics' #1").
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