ComicConnect.com, one of the industry’s leading online auction/consignment sites, has sold the #1 highest-rated copy of the world’s #1 comic book—Action Comics #1, which marks Superman’s 1938 debut—for a whopping $1,500,000.

The comic, which originally cost 10 cents, was sold by comic experts ComicConnect.com and went to an anonymous bidder. It is one of around only 100 copies of this issue, but was in very good condition.

Stephen Fishler founder of ComicConnect explained that the comic had been buried in a stack of old movie magazines for 50 years hence had been protected. When these magazines were sold at an auction in Pittsburgh, the buyer unearthed the rarity.

“It’s the Holy Grail. It’s the most sought-after comic book,” said Fishler.”

“This new record will be hard to break,” says ComicConnect.com co-owner and COO, Vincent Zurzolo. “Because this particular Action Comics #1 is literally the single most valuable comic book on the planet.”

That’s because this Action Comics #1 is the only one in existence with a grading of 8.5. By comparison, the $1,000,000 Action Comics #1 is graded 8.0. That small difference translates to big bucks when it comes to comic book values.

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