Some comic book fans may consider prices for a single comic to be too high in 2014, but those same readers would likely faint at the several million-dollar price tag “Action Comics” No. 1, the 1938 comic featuring Superman’s debut, raked in over the weekend.
A copy of the issue, which first sold for only 10 cents in 1938, garnered $3,207,852 in an eBay auction that concluded on Sunday night. This final price tag was a huge leap from the initial asking price of $0.99 when the auction began on Aug. 14.
The seller, Darren Adams of Pristine Comics, called the issue “The finest known copy of the most sought after comic book in the world. A 1938 museum piece with PERFECT WHITE pristine pages.”
The over-$3 million haul marks a new record for the most expensive comic book ever sold, a title previously held by another copy of “Action Comics” No. 1. That particular comic was sold in 2011 for $2.16 million and is believed to have been the issue Nicolas Cage once owned, before it was stolen from him.
Both issues have been rated a 9.0 out of 10 by the Certified Guaranty Company, though Adams boasts in the auction page that “this copy blows the other 9.0 out of the water.”
The massive price tag won’t all go to Adams, though. One percent, or a little over $32,000, will be donated to the Christopher and Dana Reeve Foundation, an organization named for both one of the most memorable actors to wear the Superman costume and his wife. The foundation raises funds for research and to care for those suffering from spinal-cord injuries.