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

Kootenay Boundary remains in unusually dangerous avalanche period

Avalanche Canada says it expects snowpack conditions to get better soon

New Glade ferry enters testing phase

The Glade II will be able to carry heavier loads and will use less greenhouse gases.

Nelson council grants short-term rental exemptions

City Hall also allows variance for laneway house

Freezing rain warning in effect for B.C. Southern Interior

Environment Canada issued the freezing rain warning for most of the Southern Interior Tuesday morning

LETTER: Message to dog owners on Mountain Station Trail: Clean up!

Dog owner says she wants to be part of the solution

VIDEO: Orcas put on a show near Hornby Island

Louis Jobodin shares photos and video of his experience

Ryan Cooper steals spotlight for Nelson Leafs at KIJHL Prospects Game

Cooper was named the Kootenay Conference’s MVP

Nelson CARES reaches $690,000 fundraising goal

The three-year campaign will help renovate Ward Street Place

Kootenay Music Awards set to go, with changes

There will be new categories, a new voting method, and a new venue

COLUMN: MP Stetski says stop the attack on workers’ pensions

MP Wayne Stetski says not enough is being done to protect Canadians’ pensions

LETTER: Former candidate takes aim over Site C decision

Controversial decision draws criticism

LETTER: A poetic plea for pets from a cat owner

Poetic support for the small pet population

Canada excludes Kinrade from Olympic roster

The Nelson native took part in tryouts for the Winter Games hockey team

VIDEO: B.C. Lions sign defensive back T.J. Lee to contract for upcoming season

The four-year veteran had a team-high four interceptions and 49 tackles last season with B.C.

Most Read