Graded and encapsulated by CGC as 5.5 with Off-white to White pages. This book is listed as one of the 40 most valuable Golden Age comics by Overstreet and is identified as the first regular-size comic book annual and the 2nd DC Comics annual. Often overused, the term "rare" definitely applies here, especially in this high grade of 5.5. As noted on the CGC label, the book contains a Jerry Siegel story as well as artwork by Sheldon Mayer, Joe Shuster, Vincent Sullivan, and Sheldon Moldoff.