Action Comics #1 sells for $317,200
A copy of Action Comics #1, featuring the first appearance of Superman, was bought at auction for $317,200 on Friday, after 88 prior bids. The CGC FN: 6.0 book was sold through ComicConnect.com and its parent site, Metropolis Collectibles.
There are two neat extra tidbits to this story, according to the AP story:
The winning bid for the book was submitted Friday evening by John Dolmayan, drummer for the rock band System of a Down, who is also a dealer of rare comic books. (He bought it for a client.)
The man who had previously owned the book purchased it in a secondhand store in the early 1950s when he was nine years old… for 35 cents. AAAAAAAAAGH!