Search our Archives for press releases from other collectibles:- All Press Releases
- Art Press Releases
- Coin Press Releases
- Comics Press Releases
- Currency Press Releases
- Domain Names & Intellectual Property Press Releases
- Entertainment Press Releases
- Historical Press Releases
- Jewelry, Timepieces & Luxury Accessories
- Movie Poster Press Releases
- Real Estate Press Releases
- Sports Press Releases
- Wine Press Releases
Press Release - August 5, 2016
Action Comics #1 sells faster than a speeding bullet for nearly $1 million at Heritage Auctions
First appearance of Superman from 1938 brings $956,000 Thursday at public auction of Comics & Comic Art in Dallas"As the bidding went higher and higher we were grateful bidders recognized this copy as the gem it truly is," said Lon Allen, Managing Director of Comics & Comic Art at Heritage. "Few copies of this comic survive, let alone come to auction with such a bright cover. It displays beautifully."
The copy is graded 5.5 by Certified Guaranty Company (CGC) out of a possible 10. Action Comics #1 originally cost just 10 cents when it revolutionized pop culture and superheroes when it debuted on comic racks in June of 1938. About 100 copies of the comic book are known to exist 78 years later.
The edition sold Thursday came from the collection of a serious comic book fan from the east coast of who purchased it from a dealer in the 1990s for $26,000. Allen said the copy likely spurred intense bidding because it is very attractive for the grade.
Hi-Res images available:
Eric Bradley, Public Relations Associate
214-409-1871; EricB@HA.com
Heritage membership
VIEW BENEFITS
- Past Auction Values (prices, photos, full descriptions, etc.)
- Bid online
- Free Collector newsletter
- Want List with instant e-mail notifications
- Reduced auction commissions when you resell your
winnings
Consign now
- Cash Advances
- More Bidders
- Trusted Experts
- Over 200,000 Satisfied Consignors Since 1976
Learn about consigning with us
Your catalog descriptions are superb.View More Testimonials
HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)