What market turmoil? Heritage Sunday Internet Comic Auctions post big numbers

Collectors market for good comics remains hot with two straight big weeks and new GPAnalysis highs

DALLAS, TX - Bucking the national economic trends, showing that the collectibles market remains a solid, growing market, and further establishing itself as the industry leader, Heritage Auction Galleries reports impressive overall results from its last two Sunday Internet Comics Auctions, with many results for key books setting records for their respective grades, according to data gathered from www.GPAnalysis.com.

The Sunday, Oct. 12, auction ended as one of the most successful weekly sales Heritage has had, with a total of more than $127,000 realized.

In the Sunday, Oct. 5, Internet Auction, the surprise of the night was a copy of Amazing Fantasy #15, CGC graded 2.0, sold for $3,346, the highest GPAnalysis recorded price by $800, and certainly more than expected in-house. Hulk #1 also showed it was still ready and able to smash when a 2.5 CGC-graded comic hammered at $1,673; Fantastic Four #1, CGC-Graded 1.8, brought $1,196; Daredevil #1, CGC-graded 6.0 moved quickly to $996, and an Avengers #1, with a 4.5 CGC grading, finished with a price of $896.

The trend continued on the Sunday, Oct. 12, Internet auction, with top lots in the sale including a copy of X-Men #1, Justice League #1 and, once more, both Daredevil and Hulk #1s. All established GPAnalysis high prices for their respective grades, with a Jimmy Olsen #53, which was expected to do well, soaring well-beyond its estimate and selling for 25 times guide price.

Click Here to see complete results from the Sunday, Oct. 12 Internet Comics Auction. To see results from the Sunday, Oct. 5 Internet Auction, Click Here.

Heritage's Signature Comics and Comic Art auction will be held Nov. 13-15, 2008, in Dallas, Texas. For more information, please visit www.HA.com.

Prospective consignors and sellers of Comics or Comic Art are invited to www.HA.com/Sell. Or simply email Todd Hignite at ToddH@HA.com or call 1-800-872-6467, ext. 1790.

To reserve your copy of any Heritage auction catalog, please contact Client Services at 1-800-872-6467, ext. 1150, or visit www.HA.com/Catalog to order by email.