Posted in: Comics, Heritage Sponsored, Vintage Paper | Tagged: fiction house, sheena

Sheena and the Elusive Jumbo Comics #31, Up for Auction

Exactly how rare is the elusive Jumbo Comics #31 featuring a great Sheena cover by Dan Zolnerowich? We dive into the data to find out.

In 1989, comic book dealer, collector, and inventor of the Mylar Snug Ernie Gerber published his original two-volume The Photo-Journal Guide To Comic Books, which showed photographs of 21,000 comic books from the Golden Age era, along with his informed opinion as to their relative rarity as a longtime participant in the business of comic book collecting. The eleven-point Gerber Scarcity Index rated comics from common to nonexistent, with Gerber 11 meaning known to be published but with no copies known to exist, Gerber 10 designated as less than 5 known copies, and a Gerber 9 meant to indicate 6-10 known copies.  As a result, Gerber 9s and Gerber 10s have been particularly coveted by serious collectors for decades.  Jumbo Comics #31 is one fairly famous example of a Gerber 9, and there's a Jumbo Comics #31 (Fiction House, 1941) CGC GD 2.0 Cream to off-white pages up for auction in the 2024 May 30 Adventures in the Golden Age Comics Showcase Auction #40261 at Heritage Auctions.

There's been a lot of discussion in the 33 years since the Photo-Journal Guides were published as to how well the Gerber scarcity numbers have held up, particularly in the CGC Census era.  Results vary, but we've generally found that there are somewhat more copies out there than the Gerber numbers indicate across the top end of the scale.  Take the case of the following (non-exhaustive) list of Gerber 9's, a designation which was meant to indicate 6-10 known copies, along with their current number of entries on the CGC Census:

The original 2022 version of this post noted that this far (then 22 years) into the CGC era, it seemed reasonable to assume that a significant percentage of known copies of most of the broadly-collected Gerber 9s (loosely defined: Suspense Comics #3 and Catman Comics #13 are broadly collected, while Flying Models V61#3 is not) have been slabbed.  As a whole, the sample group listed saw their census totals increase by 11.38% over the subsequent two years. The sample entries increased by an average of 2.375 copies over this time frame. Perhaps in part influenced by the original 2022 post, Jumbo Comics #31 saw an increase of four copies since that time, and even so, it still remains the firmly in the middle of the pack in this sample.

That said, it must be noted that CGC Census numbers are not an entirely accurate accounting of how many copies of those comic books have been slabbed.  Comics can be cracked out of the slab and resubmitted to CGC for grading again for a variety of reasons, resulting in inflated census numbers.  Nevertheless, it's safe to say that there are far more than 6-10 copies of Suspense Comics #3 known to exist.  Of course, Suspense Comics #3 is infamous for having been featured prominently in the Photo-Journal Guide, resulting in it coming to the wider attention of collectors, a frenzy to unearth copies, and prices rising into the stratosphere based on the comic's cover art.

As for the rest of this unscientific sampling, surprisingly enough it appears that All-American Comics #4 might indeed be a true Gerber 9 at the least (and remains so in 2024, despite jumping from 3 to 5 copies on the census), while all of the others here aside from Suspense Comics #3 are perhaps more in the 10-25 copy range.  Still crazy rare, considering these comics have been firmly on the radar of serious collectors for decades.  And it appears that Jumbo Comics #16 has faired better as a Gerber 9 in terms of low census numbers than many others with that designation.   The data also underlines the ever-increasing importance of rarity on the vintage market, as more than ever, collectors are incentivized to track down copies of comics that are believed to be rare.

A rare Fiction House comic book with a fantastic Sheena cover by Dan Zolnerowich, and there's a Jumbo Comics #31 (Fiction House, 1941) CGC GD 2.0 Cream to off-white pages up for auction in the 2024 May 30 Adventures in the Golden Age Comics Showcase Auction #40261 at Heritage Auctions.

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