Thursday, December 1, 2011

Highly Graded Action Comics No. 1 Breaks Record Selling For $2.16 Million

An amazing copy of Action Comics No. 1, graded a 9.0 by CGC, sold for a record setting $2.16 million US on Wednesday.  It is the highest amount of money ever paid for a single comic book. 

The auction was held at with a reserve price of $900,000.   Reasonable when you consider a copy that graded an 8.0 just sold for $1 million US. 

Before this sale, the highest price ever paid was in 2010 when a copy of Action Comics No. 1 sold for $1.5 million US.  That copy was graded at 8.5, a half point below Wednesday’s record setter.

Action Comics No. 1 is highly sought after because it features the first appearance of Superman.   It is believed that there are only about 100 copies of Action Comics No. 1 in existence and only a small number of those are in good condition.  

1 comment:

  1. I think this is the one that Nic Cage owned and was stolen and recently found. I don't think Nic got it back because he got the insurance money for it already.