This is a lengthy post so be patient.
Vince, I have attempted several times to deal with Metro several times.
The first time I was in the market for a Marvel Mystery Comics #4. Frank and I went back and forth several times with emails
a) because I disagreed on the grade (no big surprise there...Metro only grades tight when everyone is watching ala Action #1)
b) because I felt the book was way overpriced (oops...it's still there a year later)
How did we end off? I sent off a final email asking if they would consider an offer based on a slightly reduced grade (4.5 as opposed to their 5.0). I never heard a reply again. Suffice to say I ended up buying this gorgeous copy instead.
Second time I attempted to buy an Action #14 they had on their site. I call and leave a message. No reply. I call a few days later and finally establish an email rapport as I am looking for large scans. I get an email back a few days later stating the book is no longer for sale.
I'm pizzed at this point. I fire back an email, Fishler and I have words back and forth. Basically the book was listed as restored and he was now having doubts to it being restored. He said he would send it off to CGC and get back to me when it returns and price it accordingly. Well a day later the book is still on their [public] site. I offer to buy it at full price. Fishler refuses and says he would let me know when it comes back from CGC. Book is still on their site, raw, same price, same grade.
My third experience was through a collecting bud.
Apparently he bought a pedigree copy of a pre Batman Detective from Metro in very high grade. After owning it for a while he decided to have it slabbed. CGC decided that this was not the pedigree copy. Phone call to Metro...guess what they say...and this is what my bud told me..."Oops...we sent you the wrong book. Your book went to another collector." Well last I heard they made it right...but wow...how does that happen?
My fourth dealing was also indirect. I won the Church copy of Whiz #13 from Ebay. I commented on the CGC forum how it was on Metro's site for $6000 and I had won it for way less. My thinking was that someone consigned the book to Metro, Metro couldn't sell it (can you say "Make An Offer"?) and so the consignor decided to sell it on Ebay. A few weeks later I have an NYPD detective calling me on the phone wanting the book back saying it was stolen from Metropolis. Metro had seen me flash it on the CGC boards and noticed it was their book. The only thing I can think of is that through my past dealings and experiences with Metro that Fishler must again "pulling" something...maybe the consignor was unhappy with the price and wanted the book back? Who knows. Maybe it was stolen...but after someone cries wolf so many times you stop believing them when it finally happens. Suffice to say they will get the book back when and if I first get re-imbursed for my losses.
This leads me to your question regarding the Action #1. You'll find the thread below interesting.viewtopic.php?f=25&t=466
I would have no trouble believing that Fishler owns the book and it is "not for sale" based on my past dealings of having books that were for sale being pulled out from under me.
I personally would not bid. In my limited experiences with Metro I have had nothing but bad experiences.
Hope that clears things up.