Superman comic book fetches $175,000 at auction

A rare copy of the comic book featuring Superman’s first appearance that lay undiscovered for over 70 years in the insulation of a house has sold for $175,000.

The high bidder for the copy of Action Comics No.1 in the online auction was a hard core, golden age comic book collector, Stephen Fishler, CEO of ComicConnect.com, said Tuesday. The buyer’s name was not released. Fifty-one offers were submitted before bidding closed Monday night.

But Fishler said the buyer had been looking for a several months for a lower-grade, unrestored copy of the Man of Steel’s début, rather than a copy in better condition that could have cost well over $1 million — via redwolf.newsvine.com

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