It all started in 1938 when Action Comics introduced Superman, the first superhero, in a comic book that sold for ten cents at the time. Ten cents may not sound like much, but 1938 being one of the Great Depression years, I have to wonder how many children actually got their hands on one of those comic books.
Well, here is a chance for adults to get in on the action because a copy of the Action Comics introduction to Superman is being sold in an online auction that ends on March 13. As of this morning, bidding has reached $260,399 but you still have more than 12 days to get in on the bidding.
According to CNN:
Those who can afford to bid "would ordinarily put money into the stock market. But that's a shaky proposition." These days, the comic book may even be a better investment than putting money into a CD or a bond...The owner of the book has not been identified but he is said to have purchased it as a nine-year-old in 1950 with 35 cents he borrowed from his father. The auction house expects the comic to go for about $400,000 because, although there are about 100 known copies of the comic book, only 20 of those are in "unrestored" fine condition like this one.
Get those bids in...the clock is ticking.