Saturday, July 31, 2010

Superman comic smashes universe jot down and sells for $1MILLION

Enlarge A copy of Action Comics #1, which introduced Superman to the world

A copy of Action Comics #1, which introduced Superman to the world

Is it a downturn? Is it a crunch? No - it"s...a million dollars for Superman"s first comic adventure.

That"s the heroic sum one secret collector shelled out for a 1938 Action Comics No 1, sold for just 10 cents in its day.

It is the first comic to break the magic seven-figure barrier, smashing the previous record sale of $317,200 (205,000), for the same comic - albeit of poorer quality - last year.

There are about 100 copies of this particular comic in existence, but this is one of the last in prime condition.

The identity of both buyer and seller remains a mystery.

Stephen Fishler, co-owner of the U.S. auction website Comic Connect, called this the "Holy Grail of comic books", and said the buyer was aknown customer who has previously bought an Action Comics No 1.

"The opportunity to buy an un-restored, high-grade Action One comes along once every two decades," said Mr Fishler.

More...Rising prices don"t puzzle jigsaw fansMore on unusual investments (thisismoney.co.uk)

supermanFilm

Super men: Brandon Routh as the hero in the 2006 movie remake "Superman Returns" (left) and Christopher Reeve in the original 1978 film

"It is a little stunning to see a comic book and $1million in the same sentence."

Batman will get his crack at the record later this year as acopy of his first appearance in a comic, from 1939, is set to go on sale.

Batman vs Superman then. The ultimate showdown. Can the Dark Knight prevail?

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