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June 2002 Market Report

In the June 2002 Catalogue we sold 98% of the lots offered with our U K section highlighted by a worn but complete Oor Wullie first edition (1941) which made 756.00 and a rare Broons At The Seaside jig-saw in battered box and two pieces missing which sold for 484.00. Some bidders told us that this item was only rumoured to exist.

We also offered some Beezer comics, issues 1-20 from the 1950s, which were in Very Fine to Near Mint grades and professionally bound in four volumes. 484.00 took them to their next careful owner. Another high price of 332.00 was given for a Very Fine copy of TV Century 21 No. 1, which also contained its free gift Special Agent Decoder.

Comic artwork is an area which has been growing steadily over the last ten years and Dudley Watkins work, whenever it is available, is keenly collected. Just such an item featured in our catalogue in June when an early Desperate Dan piece from the Dandy No 55 of 1938 realised 750.00.

We featured for the first time a piece of pulp fiction cover art by the great artist of that genre, Reginald Heade. Entitled 'White Slaves Of New Orleans' this voluptuous study went to an American collector for 1573.00. In the late Forties artists were often paid extra for doing the lettering as well and Heade duly obliged! Due to this successful sale, one further piece has been consigned to our next catalogue in late August.

Our U S section showcased Spider-Man and bidding was strong, backed up by the hype and success of the newly released movie. A cents copy of Amazing Spider-Man 1 in Good grade made 457.00 and a Very Good pence copy 499.00. ASM #16 [vfn] cents reached 209 with #19 [vfn-] attracting 121. The Silver Age continues to generate huge attention with the highlight of this section, a Fine pence copy of X-Men #1, realising 786.00.

As prices of Silver Age cents copies in high grades continue to escalate, we have several American customers beginning to buy pence or "export" copies. These UK destined issues, printed from the same plates, in the same place and at the same time as their cents counterparts have always sold at a discount in the UK, the perception being that they would never be traded in the States. Perversely, they are much rarer with only three or four percent of the total print run being re-priced for UK distribution.

Our X-Men #1 as a cents copy guides at fifty percent more than it realised in its rarer pence format above -- way of the world or brilliant purchase?...Only time will tell.

Malcolm Phillips
Director
Comic Book Postal Auctions, Ltd.

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