This first edition of the Amazing Fantasy #15 printed in 1962 is written by Stan Lee and illustrated by Steve Ditko, with a cover design by Jack Kirby. It introduces Peter Parker and Spider-Man to the Marvel Universe. This comic book could be worth up to $1 million. (Photo courtesy of Gareth Gaudin)

First edition Spider-Man comic for sale in Victoria

The rare magazine is selling for $500,000 but may be worth up to $1 million.

A rare, first-edition Spider-Man comic book has swung into town and comes with a $500,000 price tag.

Amazing Fantasy #15, printed in 1962, is said to be the third-most valuable comic book in the world. One copy of this edition is currently on consignment in downtown Victoria. The comic is so valuable and fragile, the Victoria-based owner has to keep it in a safe deposit box while Legends Comics and Books helps her find a buyer.

Legends co-owner Gareth Gaudin knew what he was looking at when the owner of the relic brought it in to determine its approximate value. Gaudin said it was easily the most valuable comic he’s ever held in his hands, and like the famous line from Spider-Man, “with great power comes great responsibility!”

“It’s a little nerve-wracking, because you could destroy it just by the twist of your wrist. Fifty-five, 60-year-old pulp paper doesn’t really hold up too well,” he said.

Even so, it’s in great condition. If it gets professionally graded, Gaudin said it will easily sell for $1 million.

The Victoria woman isn’t an avid collector either: this is the only comic she has — purchased as an investment some 30 years ago for $450. She has brought it to Gaudin a few times over the years to check on its value.

Inside the book is the first appearance of Spider-Man in the Marvel Universe.

The story will be familiar to even the most casual Spider-Man fan: young Peter Parker goes to a science exhibit and is bitten by a radioactive spider, becomes a masked wrestler, and his uncle Ben gets killed because of him.

“Everyone knows the story: it’s the origin,” Gaudin said. “Everything that would become Spider-Man is in those first 10 pages.”

As for buyers, he doubts anyone local will pick it up and expects collectors around the world will be interested.

“I guarantee no one in Canada will buy it,” he said.

“A lot of corporations have been buying rare comic books and framing them and putting them in their lobbies ‘cause it’s a cool thing to do.”

lauren.boothby @vicnews.com

 

Gareth Gaudin, one of the owners of Legends Comics and Books, leafs through one of his first edition MAD comic books that he hopes one day he can sell to put his kids through university. (Lauren Boothby/VICTORIA NEWS) Gareth Gaudin, one of the owners of Legends Comics and Books, leafs through one of his first edition MAD comic books that he hopes one day he can sell to put his kids through university. (Lauren Boothby/VICTORIA NEWS)

Just Posted

Pilot program to help Cowichan seniors age in place

Seniors Foundation partnering with B.C. tech company Hibou

Green leader Elizabeth May makes campaign stop in Duncan

Says she’s confident voters looking for Green alternative

Coming up in Cowichan: Special service at Cobble Hill cenotaph Saturday

Malahat Legion hosting special service at Cobble Hill cenotaph The Royal Canadian… Continue reading

Zivanai Masango opens new performance space at Little Zimbabwe Farm in Cowichan

Exciting African singer/ songwriter is the first to play the new studio at Cowichan Lake Road farm

Carter family continues tradition of making musical memories in Cowichan

On Saturday the Alf Carter Band, will be providing the entertainment at the Eagles Hall in Duncan.

VIDEO: First all-female spacewalk team makes history

NASA astronauts Christina Koch and Jessica Meir did work on International Space Station’s power grid

Zantac, the over-the-counter heartburn drug, pulled in Canada, U.S.

Health Canada also investigates possible carcinogen in some ranitidine drugs

B.C. public safety minister says cannabis edibles not in stores til January

Mike Farnworth says he wants regional issues considered when it comes to licensing

Greta Thunberg calls for climate action in Alberta, but doesn’t talk oilsands

Swedish teen was met with some oil and gas industry supporters who came in a truck convoy

Scheer denies spreading ‘misinformation’ in predicting unannounced Liberal taxes

Conservative leader had claimed that a potential NDP-Liberal coalition could lead to a hike in GST

Council asks to limit cruise ship visits to Victoria harbour

Mayor says motion is not meant to curtail current visits or limit local cruise industry expansion

Chilliwack man pleads guilty in crash that killed pregnant woman

Frank Tessman charged under Motor Vehicle Act for accident that killed Kelowna school teacher

Kawhi Leonard, former Toronto Raptor, welcomed back to Vancouver at pre-season game

Fans go wild at pre-season game between L.A. Clippers and Dallas Mavericks at Rogers Arena

Greens and NDP go head to head on West Coast; Scheer takes fight to Bernier

Trudeau turns focus to key ridings outside Toronto after two days in Quebec

Most Read