The finest set of #1's we have ever seen, these represent all three of the original "Number 1's." One: There is the first Dummy issue with a crude "Dummy" across the top and no title as of yet. Two: "New Sport Magazine Dummy No. 1." Three: Real #1 you normally see. The first two are amazing and RARE, all are housed in red custom leather-bound binders with the name "Harold Black" as the presentee and were done in-house. Black was the Executive VP and Treasurer of Time-Life, a very important cog in this publishing empire. Contents are MT, binders have spine wear.