First Superman Comic Set To Go for $400,000

By jamesisrael | JUMP CUTS by James Israel February 27, 2009 at 5:39AM

First Superman Comic Set To Go for $400,000
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IMDb reports that Action Comics #1, the 1938 comic book that features the very first appearance of the world's most famous superhero, Superman, is expected to bring in a cool $400k at an online auction.

"The comic book's owner, who has not been named, kept the book for 58 years after purchasing it for 35 cents."

Wow. Talk about a good return on investment.



A rare copy of the comic book which introduced Superman to the world is expected to sell for up to $400,000 (£282,685) at an upcoming auction.

Bidding on the "untouched" copy of Action Comics No. 1 will begin on Friday and continue for two weeks at comicconnect.com. Only 100 copies of the graphic novel are known to exist.

Co-created by Jerry Siegel and Joe Shuster, it sold for a meagre 10 cents (£0.07) when it first hit shelves in 1938.

Comic expert Stephen Fishler tells the New York Daily News, "It's the Holy Grail of comic books. One bidder wanted to trade (me) his Ferrari for the comic book."

This article is related to: Comix, Geekery