Superman’s debut comic published in 1938 sells for almost $1m at auction

Action Comics No 1, bearing a cover price of 10 cents, sells for way above its estimate at auction

Friday 05 August 2016 20:08 BST
Comments
A copy of Action Comics No 1, featuring Superman, sold for almost $1m
A copy of Action Comics No 1, featuring Superman, sold for almost $1m

A rare copy of Superman's 1938 comic-book debut sold at auction for almost $1 million.

In a statement, Dallas-based Heritage Auctions said the copy of Action Comics No 1, bearing a cover price of 10 cents, sold Thursday for $956,000.

It is one of about 100 copies of the edition known to exist.

And it wasn't even in tip top condition. Certified Guaranty Co graded the copy 5.5 out of a possible 10.

It had been expected to sell for about $750,000. Heritage says the copy came from the collection of an unidentified East Coast comic book fan who had bought it in the 1990s for $26,000.

Spokesman Eric Bradley says the winning bidder also did not wish to be identified.

A $2 million mint edition, once stolen from the collection of Nicholas Cage, went on display in London earlier this year.

It is the most valuable item in the 1,000-strong DC Comics collection of Ayman Hariri, the billionaire son of assassinated Lebanese Prime Minister Rafik Hariri.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in