Superman's debut sells for $1 million

This image, released by Metropolis Collectibles Friday, Feb. 27,2009 in New York, shows inside pages of the June 1938 issue of Action Comics. Copies of the Action comic book that launched Superman in 1938, originally costing 10 cents, are worth about $125,000 if in "fine" condition. The comic book will be auctioned online for two weeks beginning Friday at (AP Photo/Metropolis Collectibles

February 22, 2010 10:46:01 AM PST
A rare copy of the first comic book featuring Superman has sold for $1 million, smashing a record set just last year. The issue sold Monday morning is a 1938 edition of Action Comics No. 1, widely considered the Holy Grail of comic books. It features Superman lifting a car on its cover and originally cost 10 cents.

It was sold by a private seller to a private buyer, neither of whom released their names. The sale was conducted by the auction site

The previous comic book record was set last year when $317,000 was paid for the same Action Comics No. 1 issue. This copy fetched a much higher price because it's in better condition.