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Action Comics #1 Pure Silver Foil, from NZ Mint + CGC Comics

Posted on Apr 24, 2018 by in The Page | 0 comments

The Certified Guaranty Company (CGC Comics) and the New Zealand Mint have partnered to created not only a 35g pure silver foil replica of Action Comics #1 but also a special silver label for the issue. It is being released as part of the Action Comics #1000 and ’80 Years of Superman’ celebrations.

 

CGC COMICS PRESS RELEASE:

Action Comics #1000The collectible has 35 grams of silver and the appearance of the first Superman comic book.

Just in time for the 80th anniversary of Superman, Certified Guaranty Company® (CGC®) and the New Zealand Mint have partnered to create a special CGC DC Comics certification label for the mint’s new Action Comics #1 Pure Silver Foil.

This unique collectible is made from 35 grams (1.125 ounces) of .999 fine silver yet is paper-thin. It measures 175 x 262 mm (6.9 x 10.3 inches).

The front features an engraved and colorized image of Action Comics #1, which introduced Superman to the world in June 1938. Because they appeared at the dawn of the Golden Age of comics and set the stage for all the superheroes that followed, copies of Action Comics #1 are extremely prized by collectors today. In fact, one set a record several years ago by selling for more than $3 million.

CGC will grade these foils according to its industry-standard 10-point grading scale. The highest grade, Gem Mint 10.0, is assigned to collectibles that appear flawless. It is approximately equivalent to a grade of 70 on the Sheldon numismatic grading scale used by Numismatic Guaranty Corporation (NGC) and Paper Money Guaranty (PMG), two independent affiliates of CGC.

NGC, PMG and CGC are the leading and largest third-party grading services in their categories, having graded more than 40 million coins, 2.5 million notes and 4.5 million comic books, respectively.

Foils received by CGC within the first 30 days after the New Zealand Mint’s release of these foils will be assigned the Early Releases designation by default. If instead you want the First Releases designation or no designation, please follow the instructions below. The Early Releases and First Releases designations are used by NGC and PMG to capture the excitement of a newly issued collectible and have become very popular with many hobbyists. The Early Releases / First Releases cutoff date will be announced soon. There is no additional fee for CGC’s assignment of these designations, if applicable.

After grading, the foils will be encapsulated in CGC’s protective holder with an exclusive blue and silver CGC Universal Grade label featuring the logo of DC Comics (owner of the Superman franchise), which was officially licensed by the New Zealand Mint. All submitters of the 2018 Action Comics #1 Pure Silver Foil will receive the CGC DC Comics label automatically for no additional fee.

The grading fee for this foil is $25. Submitters of 25 or more foils at the same time pay a grading fee of only $20 each. Due to the special nature of this label, Collectors Society and Authorized Dealer discounts are not available.

The foils must be submitted with a CGC submission form. In addition to eligible CGC submitters, paid NGC and PMG Collectors Society members are eligible to submit these foils to CGC. NGC and PMG Authorized Dealers should contact CGC Customer Service to find out how they can submit to CGC.

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