Doug Schmell of Pedigree Comics, Inc. reports that his company just sold a CGC certified 9.4 Near-Mint copy of X-Men #1 for $100,000. The book was listed on Sunday, April 18th in the New Arrivals section of his web site and sold within a few hours. X-Men #1 features the origin and introduction of the X-Men plus the first appearance of both Professor X and Magneto. It is regarded as one of the holy grails of the Silver Age.
The copy in question, according to Mr. Schmell, is a 9.4 with off-white to white pages that was just recently consigned to Pedigree. It stands as the 4th finest known CGC example according to the census, trailing only 3 total copies, all pedigrees (2 copies in 9.8, the Pacific Coast and Curator copies, plus a lone 9.6, also from the Pacific Coast collection). The buyer is an eclectic collector who only buys #1 and first appearance issues, mainly from the Silver Age. The sale represents the second highest amount ever paid for an X-Men #1, trailing the $106,050 (with buyers premium) paid for the Mound City copy of X-Men #1 (similarly in 9.4) in November, 2009. Schmell further indicates that X-Men #1 has been a hot book in most high grades. A 9.2 example recently sold in his company’s last Grand Auction which was held in January for a record price of $55,000.
To contact Pedigree Comics regarding consignments contact them at 561-422-1120 or 561-596-911 or by email at DougSchmell@pedigreecomics.com. Pedigree Comics consistently sets new sales records for Silver and Bronze Age comics on their web site and in each quarterly Grand Auction.
Prospective consignors can also upload their own scans, item information, descriptions and reserve amounts for the Grand Auction by utilizing the Automated Consignment System. Just register onto the site, click "Customer Page" under "Your Account" and then click "Consignments" (under "Auctions"). You will then be able to enter the Pedigree Comics Consignment Management System and upload your own CGC certified books and magazines. Pedigree Comics will receive an email automatically once you have uploaded the information and they will then review the information imparted for accuracy. The item(s) will then be added to the January Grand Auction to be bid on.