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

B.C. BUDGET: Fare freeze, free travel for seniors on BC Ferries

A complete fare freeze will be put into place on major routes, and fares will be rolled back on smaller routes by 15 per cent

Victoria cannabis advocates call proposed trust fund an ‘overreach’

BCICA says North Saanich councillor’s ideas on cannabis ‘cherry picking’

BC BUDGET: New spaces a step to universal child care

Fees reduced for licensed daycare operators

BC BUDGET: NDP cracks down on speculators, hidden ownership

Foreign buyers’ tax extended to Fraser Valley, Okanagan, Vancouver Island

BC BUDGET: Payroll tax replaces medical premiums

Health spending to increase $1.5 billion for drugs, primary care teams

VIDEO: Top 10 B.C. budget highlights

The NDP is focusing on childcare, affordable housing and speeding up the elimination of MSP premiums

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Canucks blow three goal lead, lose to Avalanche in overtime

Vancouver struggled on the penalty kill, as Colorado scored all five goals on the powerplay

Widow of avalanche victim sues Golden lodge operator

A woman from Alberta is suing guides, their mountain guide association and the lodge operator for negligence

BC BUDGET: NDP hope to nix court delays with $15 million cash influx

Union says funding could stop sheriffs from leaving for higher paid jobs

Cattlemen urge B.C. to prevent erosion caused during 2017 wildfire season

Other concerns are fencing restoration and repair, and a lack of feed for cattle.

Patrick Brown’s Tory leadership bid fate looms

Brown’s bid to for Tory leadership to be decided on Wednesday

Duncan cousins found guilty of aggravated sexual assault

Assault so violent, victim required surgery

Alberta shrugs off B.C. legal challenge on wine ban

The potential fine Alberta faces for violating free trade rules according to economic development minister

Most Read