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

UPDATED: Gunfire erupts in quiet Langley neighbourhood early this morning

Police have 79A Avenue cordoned off after reports of shots just before 5 a.m.

Cedar Street development raises concerns at council

Mission councillors raise issues with home lot sizes. traffic and other aspects of the proposal

Facebook post leads to woman’s arrest

Mission RCMP have charged a woman after she was caught rummaging through a car

Man steals police car, goes for a slow ride

Mission RCMP have arrested a man after he took a joy ride in a stolen police car

Rainfall warning issued across Lower Mainland into the weekend

50 to 70 mm of rain expected to fall starting overnight Friday and into Sunday morning

VIDEO: Mission Strong Youth Challenge

Highlights from the obstacle event on Oct. 21

WATCH: 10,000 signatures gained to stop ‘no pets’ rental policy

Pets OK BC said about 1,700 animals were surrendered to the BC SPCA last year due to housing issues

Silver Creek reacts after remains found, man arrested

Neighbours of property where remains were found say man arrested was sweet and polite

VIDEO: Oprah Winfrey and a celebrities attend ‘B.C. Miracle Concert’

Fundraiser featured Foster, Steven Tyler, The Tenors, Matteo Bocelli, Laura Bretan, Carly Rae Jepsen

Human remains found at Silver Creek property

RCMP have been searching the property in the 2200 block of Salmon River Road for the past three days

New B.C. acute care centre opens for young patients, expectant mothers

Facility aims to make B.C. Children’s Hospital visits more comfortable

Search ramps up for B.C. woman after dog, car found near Ashcroft

Jenny Lynn Larocque’s vehicle and dog were found in Venables Valley, but there is no sign of her

Police officer hit by car, stabbed in Edmonton attack back on job

Const. Mike Chernyk, 48, returned to work Thursday

UBC medical students learn to care for Indigenous people

Students in health-related studies to take course, workshop to help better serve Aboriginal people

Most Read