Superman Comic Breaks Record As Most Expensive Comic Book Sold

A rare copy of the first comic book featuring Supermansold Monday for $1 million, smashing the previous record price for acomic book.

A 1938 edition of Action Comics No. 1, widely considered the Holy Grail of comic books, was sold from a private seller to a private buyer, neither of whom released their names. The issue features Superman lifting a car on its cover and originally cost 10 cents.

The transaction was conducted by the auction site ComicConnect.com. Stephen Fishler, co-owner of the site and its sister dealership, Metropolis Collectibles, orchestrated the sale.

Fishler said it transpired minutes after the issue was put on sale. He said that the seller was a “well known individual” in New York with a pedigree collection, and that the buyer was a known customer who previously bought an Action Comics No. 1 of lesser grade.

The previous comic book record was set last year when John Dolmayan, drummer for the rock band System of a Down, paid $317,000 for an Action Comics No. 1 issue.

This copy fetched a much higher price because it’s in better condition. It’s rated an “8.0 grade,” or “very fine.” [Yahoo!]

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