Rare Superman comic book auctioned for nearly $1 million

August 07, 2016 18:35

An incredibly rare copy of a comic book, which marked the first appearance of Superman, has sold for nearly $1 million at an auction in the US.

Action Comics #1, which was published in 1938, is considered a gem among comic book fans, according to Dallas-based Heritage Auctions.

The comic book was expected to sell for $750,000 but fetched $956,000 instead.

About 100 copies of the comic book, which marks the first appearance of Superman, are believed to exist decades after production.

"Few copies of this comic survive, let alone come to auction with such a bright cover," Lon Allen, managing director of comics and comic art at Heritage Auctions was quoted as saying by CNN.

When it first came out in 1938, Action Comics #1 cost 10 cents.

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