Friday, May 24, 2013

Rare Superman comic found in house insulation


'Action Comics No. 1'

A Minneapolis man renovating his home recently found what is considered to be the Holy Grail of comic books: "Action Comics No. 1" from 1938, the issue that Superman makes his debut in.

Bing: More about 'Action Comics No. 1'

The AP reports David Gonzales found the comic book mixed in with old newspapers insulating the ceiling of a house.

After doing some research, he confirmed the comic was valuable. Unfortunately, Gonzales got into a heated discussion with a relative about its value and the back cover was ripped.

New York-based online auctioneer graded the book a 1.5 on a 10-point scale because of the damage. By comparison, an "Action Comics No. 1" that was graded a 9 recently fetched $2.16 million.

The comic book's auction price reached $137,000 as of Friday afternoon. Bidding closes June 11.

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