Action Comics #1 sold for nearly $1 million.

Via, we have learned of Action Comics #1 being sold at an auction for nearly $ 1million dollars at Heritage Auctions. The article from KSL is given in its full form, below.

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DALLAS — A rare copy of a Superman comic book sold for nearly $1 million this week.

The 1938 comic book marks the first appearance of Superman, and is considered a gem among comic book fans, according to Heritage Auctions.

It was expected to sell for $750,000 but fetched $956,000 instead, setting a record for a copy of Action Comics #1, Heritage Auctions said.

About 100 copies of the comic book are believed to exist decades after production.

“Few copies of this comic survive, let alone come to auction with such a bright cover,” said Lon Allen, managing director of comics and comic art at Heritage Auctions

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The comic book sold Thursday was part of a collection owned by a fan who bought it in the 1990s for $26,000, Dallas-based Heritage Auctions said.

When it first came out in 1938, Action Comics #1 cost 10 cents.

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Having the chance to get a replica of Action Comics #1 with Famous First Edition’s reprinting of it in giant-sized text and print, it is truly incredible to see this rarity go for so much. As stated in the article above, when Action Comics #1 first came out, it was 10 cents. Given the now higher prices of $2.99 an issue, Superman has grown by leaps-and-bounds, over tall skyscrapers, and faster than a speeding bullet!

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