Action comics #1 value?

I've been browsering a couple of sites, and I found out that the Oversreets list says that a VF copy is worth about $350,000.

Yet when I check out past auctions on ebay, I found out that a Action comics #1 GCG 7.0 sold for $55,000 -- And that's not even a 1/6th of the price.

And later another Action comics #1 cgc 3.0 sold for slightly above the former about $56,000
- Yet it's still not close to the Overstreet value.

So are the Overstreet totaly over their head or is it just so because of access and demand and since internet auction sites such as ebay skyrockets the access limit?

Well, I think a 3 is like, if you crumpled it into a ball and spread it back out again. lol.

So all my comics are 3?

what...we normally don't have toilet paper..

You also have to think their auctions for a reason. Even though it is Actions Comic #1. It depends on what the people are willing to spend on it. And I don't see too many people going over 50,000 for a comic book.

So while its net worth maybe 350,000 what it gets sold for can and was compeltley different.

Originally posted by Newjak
And I don't see too many people going over 50,000 for a comic book.

Originally posted by Galan007
I don't see many people spending over $50 for a comic book, lol.

Originally posted by Galan007
I don't see many people spending over $50 for a comic book, lol.

Originally posted by Validus
People complain about $4.99

I know I do!

You mean people still actually buy comics
newjak_yodafist

Originally posted by Validus
People complain about $4.99

People complain about Demonoid being 1 day late on comics.