Spider-Man Comic Book Sells For $1.1 Million
Filed under: Auctions

The comic book market continues to boom as the first comic book to feature Spider-Man sold for $1.1 million through comic book auction house ComicConnect.com, the same house that sold a 1938 edition of Action Comics No. 1, featuring Superman's debut last year for a record $1.5 million. Action Comics No. 1 originally sold for 10 cents and the Marvel Spider-Man sold for 12 cents in 1962. The copy that sold is in excellent condition and the cover shows Spider Man swinging by a web. Early comic books from the 1930s to 1950s are often called Golden Age comic books. The Spider-Man comes from what is known as the Silver Age this sale may end up raising the prices of other Silver Age books. Spider-Man remains popular with the public. A much-maligned and very expensive Spider-Man show is on Broadway and the movie franchise is being rebooted.

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