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

Local skicross racers hit the World Cup circuit

Olympian India Sherret is joined by fellow local racers Zoe Chore and Courtney Hoffos

UPDATED: Hwy 93 reopens after rockslide blocks traffic in Fairmont Hot Springs

Highway at Fairmont between Dutch Creek and Westside Road blocked until geotechnical team can assess

Rob Morrison sworn in as Kootenay-Columbia MP

Parliament set to reconvene on Thursday with election of House Speaker, Throne Speech

Break-and-enter at Family Pantry in Canal Flats

Weekly RCMP report, November 24-December 1

‘A loud sonic boom’: Gabriola Island residents recount fatal plane crash

Area where the plane went down is primarily a residential neighbourhood, RCMP say

B.C. cities top the list for most generous in Canada on GoFundMe

Chilliwack took the number-two spot while Kamloops was at the top of the list

Penticton RCMP warn of new ‘porting’ scam that puts internet banking, online accounts at risk

Two-factor verification has been the go-to way to keep online accounts secure

Thunberg ‘a bit surprised’ to be Time ‘Person of the Year’

‘I could never have imagined anything like that happening,’ she said in a phone interview

B.C. patients wait 41% longer than national average to see a walk-in doctor: Medimap

The longest wait time was found in Sidney, B.C., where patients waited an average of 180 minutes

Toronto Raptors, Don Cherry top the list of Canadians’ Google searches in 2019

‘Champions’ was the theme of the last year, Google said

Tavares scores twice as Maple Leafs earn 4-1 win over Canucks

Vancouver sees two-game win streak snapped

UPDATED: No survivors in Gabriola Island plane crash: RCMP

Coroner confirms multiple fatalities after small plane goes down Tuesday night near Nanaimo

VIDEO: Harbour Air makes history with first electric aircraft test flight

Successful flight marks first of its kind in the world

Most Read