The New York Times Arts Beat is reporting the the first Superman comic has sold for $3.2 million US in an eBay auction conducted by Pristine Comics of Federal Way, Washington.
The auction “took just 48 bids to get from a 99-cent starting price to a final sale of $3,207,852.”
The first bid, three minutes into the auction that began on Aug. 14 and ended Sunday, immediately made the first appearance of Superman a $1 million comic. It become $2 million on Aug. 18 and went over $3 million with a bid of $3,207,752 on Aug. 24, but that was $100 less than the highest bid. The original price for the issue, when it was sold in 1938, was 10 cents. In 2011, a copy of Action Comics No. 1, once owned by Nicolas Cage, was auctioned for $2.1 million. Both comics were graded 9 out of 10, but the Cage copy showed more signs of discoloration from age, which could help explain the million-dollar boost for the new record-holder.
* Via NYTimes.