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First Superman comic sells for $317,200

Posted by hitsu On 3/15/2009 07:18:00 PM
This Superman comic sold for $317,200 in an Internet auction
This Superman comic sold for $317,200 in an Internet auction
Photo: AP

A rare copy of the first Superman comic book has sold for $317,200 in an Internet auction, the New York Daily News reported Saturday.

The $317,200 bid is one of the highest prices ever paid for a comic book, probably a testament to the volume's rarity and excellent condition, said Stephen Fishler, co-owner of the auction site ComicConnect.com and its sister dealership, Metropolis Collectibles.

John Dolmayan, drummer for the rock band System of a Down and a dealer of rare comics, registered the winning bid late Friday for a client. He declined to identify the client.

"This is one of the premier books you could collect," he said in a telephone interview. "It's considered the Holy Grail of comic books."

Only about 100 copies of are known to exist and this one is one of just a few that remain untouched, in mint condition.

Fishler said, "Maybe in a booming economy, it would have done a hundred grand more, but in this economy, I think the price is great."

The 1938 edition of Action Comics No. 1, whose cover features Superman lifting a car, had been purchased by its previous owner in the early 1950s at a secondhand store for a measly 35 cents.

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1 Response to 'First Superman comic sells for $317,200'

  1. Anonymous Said,

    Sitting around a comic store everyone always says,"Guide says its worth X dollars, but good luck getting someone to actually PAY what its listed to be worth". I guess here is proof that that IS possible.

     

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