Thaindian News

March 30, 2010 (Pen Men at Work): A copy of the 1938 edition of action comics featuring superman’s debut sold for an astronomical amount of $1.5 million on the auction website ComicConnect.com. The issue was bought from a private collector and then sold by Stephen Fishler and Vincent Zurzolo, the co-owners of ComicConnect.com. It was bought minutes after being posted Monday at the asking price of $1.5 million by “a hardcore comic book fan,” Fishler said.

There has been too many attempts to acquire this book in past. It was originally sold for 10 cents and is widely considered the Koran of comic books. It beats the sale price of a 1939 comic book featuring Batman’s debut sold for $75,000 at an auction in Dallas just a few days before.

There are about 100 copies of Action Comics No. 1 believed to be in existence, and only a handful in good condition. Stephen Fishler said that the sudden rise in record-priced sales is due to restricted demand as issues of such prized comic books rarely become available for purchase and there are hardly any issues left which are in good condition.

Commenting further Fishler said,” I can’t imagine another book coming on the market that exists that would top this. This may be the final say, at least for the next 10 or 20 years for a record price of a comic book.”