What once cost a mere 10 cents seventy-three years ago, cost some rich, and lucky son of a bitch, an insane Lex Luthor amount of money last night in New York city. Considered by many to be the “Holy Grail” of comic books, a near perfect issue of Action Comics #1 from 1938 has sold for an amazing $2,161,000 and broke the record held by a similar issue sold last year.
This issue, once owned by self professed comic nerd and movie star Nic Cage, has quite a past to it already. Not only is it the first issue from Action Comics, it’s the first appearance of Superman, DC’s “Man of Steel”. As one of the several comics stolen from the actor back in 2000, the comic was recovered this past April, found in a San Fernando Valley storage locker by the Los Angeles Police Department’s Art Theft Detail.
Nic purchased the comic for a reported $150,000 back in 1997 and even that was considered unheard of for it’s time. After the theft Nic was paid off by the insurance company ten years ago when it was first stolen. At least he was smart enough to insure the stolen comics.
ComicConnect Corporation in New York City hosted the auction and will take a 10% commission on the final sale. Besides the huge commision, Owner and COO Vincent Zurzolo was just happy to be involved in the once in a lifetime event:
“This copy of Action Comics #1 is the Holy Grail of all comics and we’re proud to be auctioning it off here at ComicConnect,” he said. “We were fortunate enough to sell the former world-record holder, Action Comics #1 in 8.5 back in March of 2010 and this current copy is unequaled. This is a historic day and we’re very excited to see where this lands.
Graded at a 9.0 and inspected by Certified Guaranty Company in New Jersey there are fewer then ten copies of this issue in such condition. Back in a lesser, 8.5-rated CGC copy sold for $1.5 million, becoming the most expensive comic of it’s time. Predicted to obliterate the previous record this auction had only Fifty bids recorded before the gavel fell.
Congratulations you lucky bastard, whoever you are.