Would you pay $3,200,000 for a comic book? The June 1938 cover of Action Comics, featuring the first appearance of Superman (AP photos)
Would you pay $3,200,000 for a comic book?
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A rare, nearly flawless copy of the first edition of a Superman comic book has sold for a super-powered price, $3.2 million.

New York comics dealers Stephen Fishler and Vincent Zurzolo said they submitted Sunday's record-setting bid in the eBay auction. Action Comics No. 1 is the 1938 book in which the superhero first appeared. It's believed to be the highest price ever paid for a comic book, surpassing $2.1 million for another high-quality copy of the same book in 2011.

"It's hard to believe that a kid's 10-cent comic could be worth that much money, but it is Superman," Fishler said. "It's the first time anybody saw what a superhero was like."

EBay confirmed the price but said it couldn't yet disclose the buyer's name.

Superman was created by Cleveland teenagers Jerry Siegel and Joe Shuster. Action Comics No. 1 introduces the Man of Steel and his earthly role as reporter Clark Kent. Superman, who came from the mythical planet of Krypton, became a champion of the oppressed.

About 100 to 150 copies are believed to exist, only a handful of them in top condition. The book that was sold Sunday got a 9.0 on a 10-point scale used to measure vintage comic books' condition.

It was kept for decades in a cedar chest in the West Virginia mountains by a man who had bought it off a newsstand, seller Darren Adams told The Washington Post. Adams is a Washington-based collectibles dealer.

After the original owner died, a collector bought it from his estate and built a similar cedar chest to store it, Adams told the Post.

Fishler and Zurzolo own ComicConnect.com, which auctioned the 2011 record-setter and a slightly less well-preserved Action Comics No. 1 for more than $1 million in 2010. The rising prices have been fueled by superhero movies and growing interest in comic books as investments.

Critical thinking challenge: Why is the condition of the comic book important?

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COMMENTS (132)
  • Jean2015
    9/02/2014 - 12:49 p.m.

    $3,200,000 for a comic book? Wow, i can't believe someone would buy that comic a price like that. Must of been that rare. It's funny how it used to be 10 cents to millions.

  • cruz_sv6
    9/02/2014 - 01:52 p.m.

    NO! I wouldn't pay that much money for that comic book because of the fact that they were mass produced it is only worth roughly about $175 because it was mass produced and because the color has faded and it has been taken out of it's original package.

  • sumiti_sv6
    9/02/2014 - 01:57 p.m.

    I would not buy a comic book for $3,200,000 because i would be a waist of money. You could give that money to a good cause or buy a big house or whatever you want to buy that is so expensive that you wanted to buy a long time ago.I would never want to buy that comic book for 3,200,000 because I think it is a waist of money.

  • davian_sv6
    9/02/2014 - 01:58 p.m.

    I would not pay 3,200,000 dollars for a first edition superman comic book. The reason why I would not pay that much for a comic book is you can get a good car and house with that kind of money.Another reason i would not pay that much for a comic book is because you can pay for your kids education to go to college

  • evelin_sv6
    9/02/2014 - 02:00 p.m.

    I would not pay 3,200,000 for a comic book because I rather read about it in the internet than waste money buying it in 3,200,000.Another reason I will not pay 3,200,000 for a comic is because I don't like superman.

  • rigoberto_sv6
    9/02/2014 - 02:01 p.m.

    No, I would not pay that much money for a comic book because it is just a book and you would just waste your life time money from working or anything else that you earn money with.

  • Jesusc_sv6
    9/02/2014 - 02:01 p.m.

    I would pay 3,200,000 dollars for it beacuse it a rare comic and the best part is that it is in a very good condition.And it is very expensive so I would sell it for more money.Thats why I would pay 3,200,000 dollars for that trare comic book.

  • alan_sv6
    9/02/2014 - 02:03 p.m.

    If it was me i wouldnt buy it isnt worth it.If i liked superheros i would of just bought one at Walmart that just cost like 10 dollars.Well thats my opinion other people would accually want to buy it and thats fine.

  • marissa_sv6
    9/02/2014 - 02:04 p.m.

    I wouldn't buy a book for 3.2 million dollars because I'm not that intrested in any kind of super heros or their past. It would just depend on the comic book i might buy it, but it has to be a certain kind of super hero not just some random hero.

  • skye_sv6
    9/02/2014 - 02:05 p.m.

    No I would not spend 3.2 million on some comic book. I mean I get that he is Super Man but if it was me I would read it once and and get tired of it and then I just wasted 3.2 million dollars on a comic book that I only read once.

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