A rare, near-pristine copy of Action Comics No.1 from 1938, featuring the first appearance of Superman and believed to be a copy once stolen from Nicolas Cage has sold for $2,161,000, the first time a comic has topped $2 million at auction. The previous record was $1.5 million for 8.5 grade copy of Action Comics No. 1 sold in March 2010.
Nicolas Cage Copy of Action Comics No1 Featuring the First Appearance of Superman has sold at auction for $2.16 million.
The comic book has a rating of 9.0 which means it is near-mint condition. Only 100 copies of this comic is rumored to be existing, and very few of them are in a good condition. The issue was auctioned starting Nov. 11 online at www.comicconnect.com. The starting bid was just $1 but there was a reserve price of $900,000, far more than the 10 cents it sold for when published in 1938.
This comic also has the distinction of being on the block twice before;, once in 1992 where it fetched $86,000 and again was sold in 1997 for $150,000.
ComicConnect/Metropolis COO Voncent Zurzolo told: The buyer was extremely excited about the prospect of bidding on this. I think he had an adrenalin rush for the last two hours. As soon as he won it, he gave me a call and thanked me. He’s very excited to have it. This is a guy who loves owning the best of the best.
The identity of the buyer has not been revealed, but it’s hard to imagine it being your average comic book collector.
Nicolas Cage Copy of Action Comics No1 Featuring the First Appearance of Superman has sold at auction for $2.16 million.
