Frank Frazetta's Earth's Core painting sets new record

A painting titled At the Earth's Core (1974) has set a new record for the work of fantasy artist Frank Frazetta at auction.

It made $1m in an August 4-6 sale of comic and animation art in Dallas.  

Frank Frazetta Earth
Frank Frazetta painted the work for the first book in Edgar Rice Burroughs' Pelucidar series

The composition was created for the cover of the first book in Tarzan author Edgar Rice Burroughs' Pelucidar series.

Heritage describes it as "one of the most popular Frazetta images from his peak period."

At 21 inches across, it's also one of the largest he ever produced. Collectors tend to pay a premium for size.  

The past few months have seen a dramatic rise in the prices paid for Frazetta's work.

His iconic Sea Witch painting sold for $750,000 at Profiles in History on July 30 - which briefly stood as his record until this sale.

Prior to that, a painting titled The Norseman realised the then record sum of $454,100 in May.

All told, Frazetta's auction record has advanced by 136.8% over the span of four months.

This looks to be due to his most important paintings finding their way onto the market following his death in 2010.

It's entirely possible that we'll see an advance on the present record by the end of the year.

A PGA 5.5-graded copy of Action Comics #1 (1938), featuring the first appearance of Superman, sold for $956,000.

It's one of the top 10 best unrestored copies in the world, with only eight others graded higher.

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