Superman Comic Expected to Fetch $400,000 At Auction

28 February 2009

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A rare copy of the comic book which introduced Superman to the world is expected to sell for up to $400,000 (£282,685) at an upcoming auction.

Bidding on the "untouched" copy of Action Comics No.

1 will begin on Friday (27Feb09) and continue for two weeks at comicconnect.com.

The comic book's owner, who has not been named, kept the book for 58 years after purchasing it for 35 cents

Only 100 copies of the graphic novel are known to exist.

Co-created by Jerry Siegel and Joe Shuster, it sold for a meagre 10 cents (£0.07) when it first hit shelves in 1938.

The comic book's owner, who has not been named, kept the book for 58 years after purchasing it for 35 cents (£0.25).

Comic expert Stephen Fishler tells the New York Daily News, "It's the Holy Grail of comic books. One bidder wanted to trade (me) his Ferrari forthe comic book".

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