Man's comic collection sells for $1.5 million

PADUCAH, KY -- A Kentucky man's comic book collection with first issues of Superman, Batman and the Flash fetched $1.5 million in an online auction this week.

John Wise had collected the valuable super hero comics over three decades.

A comic from 1940 with the first appearance of Flash claimed the top individual price of $182,000. First issues of Superman and Batman from the same era sold for $172,000 and $137,000 in the offerings that ended Tuesday. His issue of the first-ever comic from Marvel sold for $95,000.

Wise says the exploding popularity of super heroes in movies and TV made it a good time to sell. He plans to buy a house and send his grandchildren to college with the profits.

The comic books were sold on Comicconnect.com, an online auction house.