Pennsylvania pedigree

PENNSYLVANIA - The Pennsylvania collection surfaced about 15 years ago and was bought by Steve Geppi. Pennsylvania copies are well-known in the market, but very few collectors are familiar with its origin. Unfortunately, Geppi does not recall many of the specifics surrounding the discovery of the collection due to the length of time that has passed. According to Geppi, a woman came to a convention in Philadelphia in the late 70's to sell some Golden Age comics. Word got back to Geppi, who tracked her down. He bought the collection, which consisted of several hundred comics from the early 1940's (1941-1945). Because the collection began after 1940 many of the prime Golden Age keys were not present, but the grade was extremely high. The books also had a characteristic smell to their pages. The collection was split up and sold later. Bob Overstreet purchased a rather sizable chunk of the collection, where it remained until recently when his comics were put up for sale.

IDENTIFICATION-Identifying a Pennsylvania involves simply locating a "P" written on the cover. The "P" sometimes looks more like an "R", probably from the quick handwriting of the distributor. Another way to identify Pennsylvanias is by their pages' characteristic smell. If ever in doubt of a Pennsylvania's authenticity, Steve Geppi is one collector who can probably identify it.

DESIRABILITY-Pennsylvanias are structurally NM to Mint copies with white pages. They originally fetched slightly above guide, but now can command prices as high as 3x to 5x guide.

--from Matt Nelson's comicrestoration.com