May 29, 2016  

'Action Comics' No. 1 Sold at Record-Breaking Price at Auction

August 25, 2014 (8:15 am) GMT
The 76-year-old comic book, which was sold at an eBay auction for a staggering $3,207,852.00, is in a nearly perfect condition.

A copy of "Action Comics" No. 1 fetched $3,207,852.00 million at an eBay auction on Sunday, August 24. The comic book by Jerry Siegel and Joe Shuster, which reportedly is in pristine condition despite its 76 years of age, marks the first appearance of Superman in 1938.

The comic was sold by Darren Adams, the owner of Pristine Comics in Federal Way, Wash. "I'm proud to have owned the most valuable comic book in the world. Working with eBay on this auction allowed me to share this rare treasure with their global community and ensure the next owner is just as passionate about its place in history," Adams said. One percent of the proceeds from the sale would be donated to Christopher & Dana Reeve Foundation.

Previously, a copy of the same edition owned by held the record when it was sold $2.16 million in 2011 on ComicConnect.com. According to grading service Certified Guaranty Company (CGC), both comics are graded 9.0 out of 10. The currently-sold edition, however, is described having "perfect white pages."

The comic book which belongs to Cage was stolen during a party in 2000 alongside other rare editions. It was found in an abandoned storage locker in 2011. A copy of "Detective Comics" No. 27 which features the first appearance of Batman was also stolen, but it was never found and the culprit was never caught.

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