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FLOAT 100 · Comics · No. 35

The Avengers #1

A 12-cent comic thrown together because a rival's superhero team was selling well put Thor, Iron Man, the Hulk, Ant-Man and the Wasp in one room, and half a century later it became the seed of the highest-grossing film franchise in history.

Year
1963
Maker
Marvel Comics
By price in comics
17 of 100
Realized at auction · April 2024$432,000A realized sale: somebody paid it.

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On sale
July 2, 1963, per U.S. Copyright Office filings (cover date September 1963)
Publisher
Marvel Comics; indicia publisher Vista Publications Inc.
Creators
Writer and editor Stan Lee, penciler Jack Kirby, inker Dick Ayers, colorist Stan Goldberg, letterer Sam Rosen
Cover price
12 cents, 36 pages; the lead story, 'The Coming of the Avengers!', runs 22 pages
First appearance
The Avengers: Thor, Iron Man, the Hulk, Ant-Man and the Wasp, assembled against Loki
Printer
Eastern Color Printing Co., Waterbury, Connecticut
This grade
CGC 9.6 (NM+), the highest grade any copy has received
CGC census, October 1, 2026
6,222 graded in all; five unrestored copies at 9.6, none higher
Top reported sale
$432,000 for a CGC 9.6, April 7, 2024

A team built to answer a rival

In 1960 DC Comics launched a series that put its biggest superheroes together as the Justice League. Martin Goodman, the owner of the company that became Marvel, noticed it was selling and asked Stan Lee for a team book of his own. Lee later recounted Goodman's reasoning in Origins of Marvel Comics: if the Justice League is selling, why not put out a comic that features a team of superheroes?

Lee and Jack Kirby did not invent new heroes for the job. Like the Justice League, the Avengers were an assembly of characters who already had features of their own: Thor, Iron Man, the Hulk, Ant-Man and the Wasp, all created by Lee and Kirby. One account, published by the grading company that certifies these books, adds that the team book was pushed onto the schedule when the first issue of Daredevil was running late, and that using established heroes spared Lee from writing five origin stories.

The result went on sale on July 2, 1963, according to the publication date in U.S. Copyright Office filings, with a September 1963 cover date. It cost 12 cents for 36 pages. The 22-page lead story, 'The Coming of the Avengers!', was plotted by Lee and Kirby, scripted by Lee, penciled by Kirby, inked by Dick Ayers and lettered by Sam Rosen. The indicia names Vista Publications Inc. as publisher and Eastern Color Printing Co. of Waterbury, Connecticut, as printer, and the book carries the Comics Code seal.

Loki, a radio message and five heroes

The story opens with the caption 'The place: Asgard, home of the Norse gods!' Loki, seeking revenge on his brother Thor, tricks the Hulk into an act of sabotage so that Thor will be drawn into a fight. The Hulk's teenage friend Rick Jones and his radio club, the Teen Brigade, send out a call for help that is picked up by Ant-Man, the Wasp and Iron Man as well as Thor. The Fantastic Four make a guest appearance, and the Hulk spends part of the story disguised as a circus robot called Mechano.

Once Loki is beaten, Ant-Man remarks that the five worked well together and suggests they stay a team. The Wasp gives them their name. The cover, drawn by Kirby and inked by Ayers, shows the five heroes squaring off around Loki, with the line 'Loki! Prepare for battle!'

The lineup did not last. In the second issue the Hulk quit, after realizing how much the others feared him. Captain America joined in issue #4 (March 1964). Kirby drew the first eight issues and was then replaced by Don Heck. In issue #16 (May 1965) every member but Captain America resigned, replaced by three former villains: Hawkeye, the Scarlet Witch and Quicksilver.

Summer 1963

Avengers #1 reached newsstands on July 2, 1963, one day after the United States introduced ZIP codes. Marvel was in the middle of a remarkable burst: X-Men #1 carried the same September 1963 cover date.

The country outside the spinner rack was changing fast. Medgar Evers had been assassinated in June. In August the United States, Britain and the Soviet Union signed the Partial Nuclear Test Ban Treaty, and on August 28 Martin Luther King Jr. delivered his 'I Have a Dream' speech at the March on Washington. Before the year was out, President Kennedy had been assassinated in Dallas.

From newsstand to six figures

The original series ran bimonthly through issue #6 (July 1964), then monthly until issue #402 in September 1996. Marvel filed for an 'Avengers' trademark in 1967, and it was registered in 1970. For decades the team sat behind the Fantastic Four, Spider-Man and the X-Men in public recognition. That changed when Marvel Studios began adapting the characters in 2008 and released The Avengers film in 2012. By November 2021 Avengers films accounted for four of the eleven highest-grossing films of all time, and as of June 2022 the Marvel Cinematic Universe was the highest-grossing film franchise in history, at more than $26 billion.

The market for the comic followed. A CGC 9.4 copy from the Mound City collection sold at auction in November 2009 for $65,100. A 9.4 changed hands privately for $100,000 in February 2011. The Pacific Coast 9.6 sold at auction in July 2012 for $274,850, beating the only earlier 9.6 sale, $250,000 in October 2011. Months later a dealer brokered a private sale of the Northland collection's 9.4, a copy with white pages, for $185,000, after the same book had failed to reach its reserve at auction at $137,500 earlier that year.

In September 2021 a CGC 9.6 sold at auction for $369,000, then an all-time record for the issue in any grade; at that time five copies had earned a 9.6. On April 7, 2024, another CGC 9.6 sold at auction for $432,000, topping every earlier reported sale of the issue. The rise was not limited to the top: a 2021 report noted that a CGC 7.0 that could be bought for under $1,000 twenty years earlier was selling for $15,000 or more.

Why a 9.6 is so hard to find

Avengers #1 is one of the most common Silver Age Marvel keys in a grading holder: the CGC census listed 5,444 copies on December 27, 2023, and 6,222 on October 1, 2026. Very few of them are nearly perfect. A 2012 report attributed the scarcity of high grades to the bright red and green borders on the cover, where every chip and crease shows. At the time it counted only three copies at 9.6, eight at 9.4 and seven at 9.2, and noted that none of the 9.6 copies had white pages.

On the October 1, 2026 census, five unrestored copies have been graded 9.6 and none higher, alongside one restored copy at 9.6. Thirteen unrestored copies sit at 9.4 and 15 at 9.2. A CGC 9.6, the grade of this entry, is therefore one of a handful of copies at the top of a population of more than six thousand.

Collectors should know the variants. A British price variant exists, and the census counts it separately (107 copies on October 1, 2026). Marvel published a 'Stan Lee Edition' with a new J. Scott Campbell cover in 2013 and a facsimile edition in 2023; neither is the 1963 original. The original's cover price is 12 cents, and its indicia names Vista Publications.

The numbers

Cover price
12 cents
Pages
36; the Avengers story runs 22
Print run
No verified figure found
Census, 2012
Three at 9.6, eight at 9.4, seven at 9.2
Census, November 2021
125 at 7.0, 224 higher
Census, December 27, 2023
5,444 graded; six at 9.6 (five unrestored, one restored)
Census, October 1, 2026
6,222 graded (4,712 unrestored); five unrestored at 9.6, 13 at 9.4, 15 at 9.2, none above 9.6
British price variant, October 1, 2026
107 graded

Timeline

  1. DC launches its Justice League team series; its sales prompt Martin Goodman to ask Stan Lee for a Marvel team book.

  2. The Avengers #1 goes on sale, cover-dated September 1963, at 12 cents.

  3. Issue #2: Ant-Man becomes Giant-Man and the Hulk leaves the team.

  4. Captain America joins the Avengers in issue #4.

  5. Issue #16: every member but Captain America resigns; Hawkeye, the Scarlet Witch and Quicksilver join.

  6. Marvel files for an 'Avengers' trademark, registered in 1970.

  7. The original series ends with issue #402.

  8. A CGC 9.4 from the Mound City collection sells at auction for $65,100.

  9. A CGC 9.4 sells privately for $100,000.

  10. A CGC 9.6 sells for $250,000, the first reported sale of a 9.6.

  11. The Avengers film is released.

  12. The Pacific Coast CGC 9.6 sells at auction for $274,850.

  13. The Northland CGC 9.4 sells in a brokered private sale for $185,000.

  14. Marvel publishes a 'Stan Lee Edition' with a new J. Scott Campbell cover.

  15. A CGC 9.6 sells at auction for $369,000, a record for the issue at the time.

  16. Marvel publishes a facsimile edition.

  17. The CGC census lists 5,444 copies.

  18. A CGC 9.6 sells at auction for $432,000, topping every earlier reported sale.

  19. The CGC census lists 6,222 copies; five unrestored at 9.6, none higher.

The world in 1963

  • Martin Luther King Jr. writes his 'Letter from Birmingham Jail.'

  • Civil rights activist Medgar Evers is assassinated in Mississippi.

  • Valentina Tereshkova, aboard Vostok 6, becomes the first woman in space.

  • ZIP codes are introduced in the United States.

  • The United States, Britain and the Soviet Union sign the Partial Nuclear Test Ban Treaty.

  • Martin Luther King Jr. gives his 'I Have a Dream' speech at the March on Washington.

  • President John F. Kennedy is assassinated in Dallas.

  • Doctor Who premieres on BBC television.

Price record

DatePriceKind
Nov 2009$65,100Sold at auctionCGC 9.4, the Mound City copy.
Feb 2011$100,000Private saleCGC 9.4.
2012$185,000Private saleCGC 9.4 with white pages, the Northland copy, in a brokered sale after it failed to meet its reserve at auction at $137,500 earlier in 2012.
2012$60,000Private saleCGC 9.2, sold by a dealer; reported as matching an August 2011 sale.
Jul 2012$274,850Sold at auctionCGC 9.6, the Pacific Coast copy.
Sep 2021$369,000Sold at auctionCGC 9.6; a record for the issue in any grade at the time.
Apr 7, 2024$432,000Sold at auctionCGC 9.6, off-white to white pages; above every earlier reported sale of the issue.

A realized auction price is what a buyer actually paid on the date shown, including the buyer's premium where the sale reported it. It is the strongest kind of reference price, and it is a record of one sale of one object on one day, not a promise of what the next example will bring.

By reference price, The Avengers #1 is number 17 of 100 in the comics entries of the FLOAT 100. 92 of those 100 rest on a realized sale; the rest carry an asking price or a guide value, and each page says which. Rank within the FLOAT 100 itself (35 here) is editorial: how much an object defines its field, not price alone.

Did you know

  • The Avengers got their name from the Wasp, at the end of the very first story.
  • The Hulk was a founding Avenger for exactly one issue; he quit in #2.
  • Captain America, now thought of as the heart of the team, did not join until issue #4.
  • Avengers #1 and X-Men #1 share the same September 1963 cover date.
  • Jack Kirby drew only the first eight issues of the series.
  • No copy of Avengers #1 has ever been graded above 9.6, and none of the 9.6 copies known in 2012 had white pages.
How this page is made
The figure
One reference price, shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. An asking price, an estimate and a price-guide value are not sales, and are labeled as such wherever they appear.
The story
Researched from published records and checked fact by fact. Updated Oct 1, 2026.
Archive
Oct 5, 2026