Superman Sold for $317,200.00

A rare copy of the first comic book featuring Superman has sold for $317,200 in an Internet auction. The previous owner had bought it secondhand for less than a buck. It is one of the highest prices ever paid for a comic book.
The winning bid for the 1938 edition of Action Comics No. 1, whose cover features Superman lifting a car, was submitted Friday evening by John Dolmayan, drummer for the rock band System of a Down, according to managers at ComicConnect.com.
Los Angeles Times report HERE