ComicBook

Rare Comic Book Sale Puts Superman Back On Top

Filed under: Auctions

A rare copy of the first comic book to feature Superman sold this week for a record breaking $1 million. Considered by many in the market to be the "Holy Grail" of comic books, the 1938 edition Action Comics #1 was in excellent condition and was originally sold for just 10 cents. It features Superman lifting a car on its front cover.

The sale went through the website ComicConnect.com and was between a private seller and private buyer. The $1 million sale price smashes the previous record of $317,000 set last year for another Action Comics #1 issue (in lesser condition) and looks like it will hold its own against the Batman auction coming up soon.

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Batman Tops Superman's Rare Comic Book Record

by Deidre Woollard (RSS feed) —

Filed under: Auctions

Batman beats Superman at least when it comes to the rare comic book market right now. A rare copy of the first Batman comic book has surpassed the previous comic book record price, $317,000, paid for a first Superman comic by John Dolmayan, drummer for the rock band System of a Down last year. The bidding at Heritage Auctions for a comic that marks the first appearance of Batman has already reached a total of $418,250 including buyer's premium and the auction is still two weeks way. Heritage Auctions will be selling the Detective Comics #27, cover date of May 1939 on February 25. The comic is one of the finest known surviving copies of the issue and is being sold on behalf of an anonymous consignor who purchased it for $100 more than 40 years ago.

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Musician Pays Big Bucks For Rare Comic

by Deidre Woollard (RSS feed) —

Filed under: Books

John Dolmayan, drummer for the rock band System of a Down and owner of Torpedo Comics, just picked up a rare copy of the first edition of Action Comics. The comic book from June 1938 marks the debut of Superman. Dolmayan paid $317,200 in an internet auction, setting a record for the comic book which some estimated to sell for as much as $500,000. This particular copy was in the same hands since the 1950s when he purchased it for just 35 cents. Only about 100 copies of Action Comics No. 1 are said to be in existence.

According to the LA Times, Dolymayan bought the comic book on behalf of a client whom he did not name. He referred to the comic book as the "Holy Grail of comic books."

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Tags: comic book, comic book collecting, ComicBook, ComicBookCollecting, comics, john dolmayan, JohnDolmayan, superman