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A: Brooklyn, New York, United States

Action Comics #1 Superman sells for $2.16 Million

11/11/2011 to 11/30/2011

A nearly pristine copy of the first issue of Action Comics, containing the first appearance of Superman, sold for $2.16 million. The copy, which may have been stolen from the collection of the actor Nicholas Cage, was graded at 9.0 on a scale of 1 to 10. The copy was auctioned starting November 11 online at www.comicconnect.com with a reserve price of $900,000. The auction sale was completed on November 30, 2011. Neither the name of the buyer nor seller was disclosed by the auction house.

Though 200,000 copies were printed, only about 100 copies of Action Comics No. 1 are believed to be in existence, and only a handful of those in good condition.  

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