'Super' Comic Fetches $1 Million


Byline: Richard Moriarty

February 23, 2010

A RARE copy of the first comic featuring Superman has sold for $1million (£647,000), smashing the previous record.

A 1938 edition of Action Comics No. 1 — considered by fans to be the Holy Grail of comic books — was sold through an online auction in America.

The issue features Superman lifting a car on its cover and originally cost just ten cents.

The sale was conducted by the auction site ComicConnect.com, run by Stephen Fishler.

He said: "The opportunity to buy an unrestored, high-grade Action One comes along once every two decades. It's certainly a milestone.

"It is still a little stunning to see 'a comic book' and '$1million' in the same sentence."

He said the sale, by a private seller to a private buyer, took just a few minutes.

Comic book dealer John Dolmayan said: "It's considered by most people as the most important book.

"It kind of ushered in the age of the superheroes."

Mr Dolmayan himself paid $317,000 (£205,000) last year for an Action Comics No. 1 issue for a client.

But yesterday's sale reached a much higher price because the copy was in very good condition.

There are only about 100 copies of Action Comics No. 1 believed to be in existence.

.Article Copyright 2010 The Sun