First Superman comic book issued in 1938 up for auction on Ebay for $1.75 million

From action hero to auction hero, Superman’s rare and vintage comic books have come into their own as a collectible commodity selling for astronomical amounts to collectors over the world. Published in June 1938, Action Comic No. 1, the comic book series that introduced the Man of Steel, is considered the ‘holy grail’ of comic books. With less than 50 copies of the issue that are known to still exist, most of them are not in the best condition, but a rare near-perfect copy of Action Comics No. 1 is currently being auctioned for sale on eBay. But before you start bidding, we must let you know that after just two days of being on the site, bidding has already topped $1.75 million.

The issue of Action Comics No. 1 has received a grade of 9.0 from the Certified Guaranty Company, the highest grade ever assigned to an Action Comics #1 issue. Only one other copy of Action Comics No 1 has ever been given that rating, and it sold for a record $2.16 million in 2011.The comic belongs to Darren Adams, owner of online comic book market Pristine Comics. Darren Adams has already turned down a private offer of $3 million because he wants to give all collectors a fair chance to own the “finest known copy of the most sought after comic book in the world.” Part of the proceeds of the auction will go toward the Christopher & Dana Reeve Foundation.

Created by Jerry Siegel and Joe Shuster, the comic book series marked the first appearance of reporter Clark Kent who fought crime in Metropolis and around the world under the guise of Superman before it went on to become an iconic American superhero. The cover features Superman, in his blue and red outfit and cape, lifting a car. With only six days left for the auction, the price for this comic book is likely to go higher and may just become the highest sale in history.

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