Rare Book Monthly

Articles - April - 2009 Issue

Comic Book Sells for $317,200

The June 1938 issue of Action Comics introduced Superman to the world.

The June 1938 issue of Action Comics introduced Superman to the world.


By Michael Stillman

These are tough times to get the best prices for your books, but as we know, every rule has its exception. On March 13, the first comic book featuring Superman went under the hammer at the Comic Connection. Eighty-nine bids later, the June 1938 edition of Action Comics was sold for $317,200. For those calculating, this was something like a 317 million percent return on the original price of 10 cents. The previous owner reportedly paid a little more than a dime for it... 35 cents, back in the 1950s. This is sobering news for all of those mothers who told their children to stop wasting their money on comic books.

Not yet a star, Superman's name does not appear on this comic's cover. However, even then we could see the extraordinary powers that would make Superman a superstar in the years ahead. The caped crusader, red cape flowing in the wind, is seen lifting a car and smashing it against a rock, to the amazement and terror of some fleeing bystanders.

The buyer was John Dolmayan, drummer for the rock band System of a Down. The band is noted for some strange songs, but nothing so strange as paying 317 grand for a comic book. Disorder! Disorder! Dolmayan runs Torpedo Comics, an online comic selling website, and reportedly said the purchase was on behalf of an unidentified client. If I spent $317,000 for a comic book, I wouldn't want to be identified either. There are only around 100 copies of this first Superman comic still in existence. It's time to check out those old comics in the attic to see if there might be 101.

Rare Book Monthly

  • RareBookBuyer.com
    We Buy Librairies & Rare Books Nationwide
    ABAA Dealer
    RareBookBuyer.com
    Specialized in Purchasing
    Institutional Collections & Deacccessioned Books
    RareBookBuyer.com
    We Buy Librairies & Rare Books Nationwide
    ABAA Dealer
    RareBookBuyer.com
    Specialized in Purchasing
    Institutional Collections & Deacccessioned Books
    RareBookBuyer.com
    We Buy Librairies & Rare Books Nationwide
    ABAA Dealer
    RareBookBuyer.com
    Specialized in Purchasing
    Institutional Collections & Deacccessioned Books
    RareBookBuyer.com
    We Buy Librairies & Rare Books Nationwide
    ABAA Dealer
    RareBookBuyer.com
    Specialized in Purchasing
    Institutional Collections & Deacccessioned Books
    RareBookBuyer.com
    We Buy Librairies & Rare Books Nationwide
    ABAA Dealer
  • Sotheby’s
    Bibliotheca Brookeriana:
    A Renaissance Library. The Aldine Collection D-M
    18 October 2024
    Sotheby’s, Oct. 18: Herodianus Syrus, Herodiani Historiarum, Venice, Heirs of Aldo & Torresano, 1524, Parisian binding for Jean Grolier by Jean Picard, ca. 1540
    Sotheby’s, Oct. 18: Musaeus, Opusculum de Herone et Leandro, Venice, Aldo, 1495 (Greek text), interleaved with 1497–1498 (Latin text), English olive morocco by Charles Lewis, the Botfield copy
    Sotheby’s, Oct. 18: Horatius Flaccus, Horatius, Venice, Aldo, 1501, Bolognese brown goatskin (between 1501 and 1503), arms of Mino Rossi and illuminated initials throughout
    Sotheby’s, Oct. 18: Lucretius, De rerum natura, Venice, Aldo, 1500, English early eighteenth-century red morocco, the Fletcher copy
    Sotheby’s, Oct. 18: Dante, Le terze rime, Venice, Aldo, 1502, illuminated, contemporary Bolognese morocco binding
  • Bonhams, now to Oct. 24: CATESBY, MARK. 1683-1749. The Natural History of Carolina, Florida, and the Bahama Islands. $100,000 - $150,000
    Bonhams, now to Oct. 24: AUDUBON, JOHN JAMES. 1785-1851. The Birds of America, from Drawings Made in the United States and their Territories. $30,000 - $50,000
    Bonhams, now to Oct. 24: ADAMS ON HIS PEAR TREES AND A LOST PORTRAIT BY SALEM ARTIST HANNAH CROWNINSHIELD. ADAMS, JOHN. 1735-1826. $10,000 - $15,000
    Bonhams, now to Oct. 24: EARLIEST MAP DEVOTED TO NORTH AMERICA. FORLANI, PAULO. fl.1560-1571. $20,000 - $30,000
    Bonhams, now to Oct. 24: HAMILTON DEFENDS THE CONSTITUTION. HAMILTON, ALEXANDER. 1757-1804. $20,000 - $30,000
    Bonhams, now to Oct. 24: NO TAXATION WITHOUT REPRESENTATION BROADSIDE. Boston, September 14, 1768. $5,000 - $8,000
    Bonhams, now to Oct. 23: ONE OF THE EARLIEST ILLUSTRATIONS OF A SURGICAL PROCEDURE. BARTHOLOMAEUS ANGLICUS. $10,000 - $15,000
    Bonhams, now to Oct. 23: RICHARD FEYNMAN'S ANNOTATED COPY, WITH TWO EARLY FEYNMAN AUTOGRAPH MANUSCRIPTS. $15,000 - $25,000
    Bonhams, now to Oct. 23: THE FOUNDATIONS OF MODERN COMPUTING. TURING, ALAN MATHISON. 1912-1954. $30,000 - $50,000
    Bonhams, now to Oct. 23: FINE OIL PORTRAIT OF ALBERT EINSTEIN BY EUGEN SPIRO. $40,000 - $60,000
    Bonhams, now to Oct. 23: PENICILLIN MOLD MEDALLION INSCRIBED BY ALEXANDER FLEMING. FLEMING, ALEXANDER. 1881-1955. $30,000 - $50,000
    Bonhams, now to Oct. 23: APPLE "TWIGGY" MACINTOSH PROTOTYPE USED IN THE DEVELOPMENT OF DEMONSTRATION SOFTWARE. $80,000 - $120,000
  • One of a Kind Collectibles Auctions
    Rare Autograph and Book Auction
    October 17th, 2024
    One of a Kind Collectibles, Oct. 17: Abraham Lincoln Signed Letter on Executive Mansion Stationary To Secretary of The Navy re: Appointment for Naval Academy!
    One of a Kind Collectibles, Oct. 17: Extremely Rare Ben Franklin Printed: Considerations on Keeping Negroes...Part Second. 1762.
    One of a Kind Collectibles, Oct. 17: An impressively extra-illustrated copy; Including an Original leaf from Shakespeare’s 1623 First Folio!
    One of a Kind Collectibles Auctions
    Rare Autograph and Book Auction
    October 17th, 2024
    One of a Kind Collectibles, Oct. 17: Rarest Naval Autograph James Lawrence “Don’t give up the ship On " U.S. Ship Hornet June 19th 1812.
    One of a Kind Collectibles, Oct. 17: Oversize Ernest Hemingway Signed Photo with long Inscription about Drinking Wine to his dear friend and Secretary Roberto Herrera.
    One of a Kind Collectibles, Oct. 17: VOLTAIRE Signed Receipt about a partial payment of debt for the Duke of Wuerttemberg.
    One of a Kind Collectibles Auctions
    Rare Autograph and Book Auction
    October 17th, 2024
    One of a Kind Collectibles, Oct. 17: [Maps] Gio. Ant. Magnini, Italia, 1620.
    One of a Kind Collectibles, Oct. 17: LAWMAN SALOON JUDGE ROY BEAN Signed Legal Document 1895-RARE!
    One of a Kind Collectibles, Oct. 17: Autograph Album with James Garfield as President, Chester A. Aurthur as VP, William T. Sherman, Burnside, P.T. Barnum and many more!
    One of a Kind Collectibles Auctions
    Rare Autograph and Book Auction
    October 17th, 2024
    One of a Kind Collectibles, Oct. 17: Thomas Jefferson and James Madison Signed Four Language Ship's Paper.
    One of a Kind Collectibles, Oct. 17: Hector Berlioz Autograph Musical Quotation Signed.
    One of a Kind Collectibles, Oct. 17: Important Memorandum the Day after Gettysburg July 5th, 1863 where Lincoln asks all Department Heads of the cabinet to meet him at the Executive Mansion.

Article Search

Archived Articles

Ask Questions