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Action Comics #1 once owned by Nicolas Cage sells for $2.16M

by Matthew Price Published: December 1, 2011

The first Superman comic — owned by an actor once cast as Superman — has become the most expensive comic ever sold.

A near-mint copy of the 1938 comic book “Action Comics” No. 1 sold at auction Wednesday night for $2.16-million, the auction/consignment site ComicConnect reported to the Washington Post.

This beats the previous record of $1.5 million for a different copy of the same issue in 2010.  This copy was once owned by actor Nicolas Cage, who was set to play Superman in a version to be directed by Tim Burton in the 1990s, before Warner Bros. pulled the plug on the film.

Metropolis Collectibles says the current record-setting issue, which grades at 9.0, has twice before been the most valuable comic book: It sold in 1992 for $86,000 and again in 1997, the Post reports.   This issue, reportedly stolen from Cage in 2000, was recovered in a storage locker earlier this year, ABC News reported.

ComicConnect/Metropolis COO Vincent Zurzolo said he could not disclose the buyer’s identity, but that “this is a customer we have a relationship with.”

- Matt Price

by Matthew Price
Features Editor
Features Editor Matthew Price has worked for The Oklahoman since 2000. He’s a University of Oklahoma graduate who has also worked at the Arkansas Democrat-Gazette and was a Dow Jones Newspaper Fund intern for the Dallas Morning News. He’s...
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