First Superman comic sells for $1m

A copy of the first comic to feature caped hero Superman has been sold on the internet for $1m, proving once again that anything can be done on the net.

The 1938 edition of Action Comics No 1 – which originally sold for 10c – was sold by a private seller to a private buyer, neither of whom was named.

Stephen Fishler, co-owner of the US auction website Comic Connect, said it was “the Holy Grail of comic books”.

The sale smashes the previous record price for a comic book of $317,200 in 2009. That was also a copy of Action Comics No 1, but in poorer condition.

Mr Fishler said the transaction happened minutes after the issue was put on sale at around 10:30am on Monday. He said that the seller was a “well-known individual” in New York with a pedigree collection, and that the buyer was a known customer who had previously bought an Action Comics No 1.

‘A milestone’

“The opportunity to buy an un-restored, high-grade Action One comes along once every two decades. It’s certainly a milestone,” said Mr Fishler. He added: “It is still a little stunning to see a comic book and $1m in the same sentence.”

About 100 copies of Action Comics No 1 remain in existence and only two of those have a grading of 8.0 – very fine – including the one sold on Monday. The previous record-holder had a grading of 6.0.

If you don’t have 1 mil to pony up for a copy of Action Comics No 1, try a Superman T-shirt, with most at 18 bucks these things are a steal vs getting a comic you can’t even wear or for that matter open or touch or expose to light or…..

Leave a Reply