2014 Comic Book News Archives

September 3, 2014: Buyers of $3.2 Million "Action Comics #1" Revealed

Action Comics #1 As we reported last week, $3.2 million was the winning bid on the 9.0 graded copy of "Action Comics #1", Superman's 1938 comic book debut, setting a record price paid for a comic book. The Hollywood Reporter caught up with the successful buyers of this iconic comic book...

    Vincent Zurzolo and his partner Stephen Fishler, owners of Metropolis Collectibles in Manhattan, set a new record for the nearly pristine Action Comics No. 1 Superman comic book last week. For the owners of the world's largest dealership for vintage comic books it's not lunacy, it's an investment.

    "We feel very confidently this was a good price and that we will be able to sell this for a profit. We really believe in the strength of the comic book market and that it has a long way to go," Zurzolo tells The Hollywood Reporter. While declining to say how high they would have taken the bidding, he adds, "All I can say is we were determined to buy it."

    Citing the rise in popularity of comic book conventions, television and film properties, Zurzolo remains bullish on the investment value of comics. Ever the salesman, he says. "In the last recession the stock market crashed, the real estate market crashed and even to this day, you can't make any money off your money in the bank. The only place I see the comic book market going is up, up and away."

Read the complete article at The Hollywood Reporter website.



2014 Comic News

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