Near Mint Action Comics #1 Currently At $1.6 Million On eBay

Near Mint Action Comics #1 Currently At $1.6 Million On eBay

action-comicssmall

It's the highest quality copy of Superman's introduction ever seen.

Are you a millionaire hoping to own a piece of American history? Then hopefully you're one of the 70-odd approved bidders on an eBay auction for Action Comics #1, with the proceeds going to the Christopher & Dana Reeve Foundation.

As the whole world knows, Action Comics #1, published in 1938, is the debut of Sueprman> Arguably marking the beginning of the modern comic book it also codified the Superhero concept right down to present day. No, Superman wasn't the first superhero - that honor goes to Japan's Golden Bat, who debuted in 1930 - but Superman was the moment all the elements of a superhero came together for Western readers, and it influenced every following comic book hero.

200,000 copies were printed when it was released, but comics weren't considered worth preserving at the time. Coupled with the recycling effort during World War II, most issues of Action Comics #1 were lost. Today, it's estimated that less than 100 copies may still exist. As a result, it is by far the most valuable comic book ever printed.

This particular copy is the finest ever seen. Rated a 9 by CGC Comics, the issue has "pristine" white pages and little to no aging on the cover. Essentially, it's as close to mint condition as we are ever likely to see with paper from the 1930s. No wonder then that the current bid is $1,650,000.00.

Potential bidders accepted into the auction were required to verify a minimum of $3,000,000 in their bank accounts in order to participate. Whether the bidding surpasses that remains to be seen, but as it's pushing 2 million already, it's very possible we'll see this auction surpass that of the previous record holder: in 2011, a copy of Action Comics #1 owned by actor Nicolas Cage sold for $2,161,000.

The bidding for this auction ends on August 24. The Christopher & Dana Reeve Foundation raises money for research into a cure for spinal cord injury induced paralysis and other neurological disorders.

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Dah! If only I could travel back in time...Buy two copies. One to keep, and one to sell.

Seriously, over two million for a comic. I can't even wrap my head around it. I own a video game that apparently is worth over a hundred dollars now and a statue that's worth about eight hundred, but this? I can't even fathom.

Sniper Team 4:
Dah! If only I could travel back in time...Buy two copies. One to keep, and one to sell.

Seriously, over two million for a comic. I can't even wrap my head around it. I own a video game that apparently is worth over a hundred dollars now and a statue that's worth about eight hundred, but this? I can't even fathom.

Well on one side I can imagine why people bid so high for this, doesn't happen often that a 80 year old comic is still (really close to/) in mint condition. Couple that with the amount of copy's that survived the war. Yeah.

.....why is superman bashing that car up against a thing?

Sniper Team 4:
Dah! If only I could travel back in time...Buy two copies. One to keep, and one to sell.

make sure you remember not to actually take them with you, but put them in a safe place to come back to later

I think it's a forgone conclusion that this one will exceed the take of the other one mentioned in the article. It's got 2 things going for it: 1. Inflation hasn't stopped, so you'd have to throw a bigger number at it to match the old price; 2. This one hasn't depreciated in value by being owned by Nick Cage.

Starting Price: 99 cents. Should have made it 10c like it says on the cover.

>Sueprman

I lol'd.

 

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