Wednesday, April 13, 2011

Will Nicolas Cage Get His Comic Book Back?

Comes word from ZippyCart, among others, that actor Nicolas Cage, once the proud owner of a pristine copy of Action Comics # 1, the book that introduced Superman to the world, is hoping to call it his own again. It seems that Cage’s copy of the comic, worth at least $1 million dollars, was stolen from him more than ten years ago, vanishing from sight until it turned up in an abandoned storage unit a few days ago.
The locker unit was auctioned off through Riverside-based American Auctioneers… about a month ago, where the comic book, carrying an estimated worth of $1 million was discovered. The locker’s new owner (who chooses to remain anonymous), unsure of the comic book’s value, was then connected with collectibles expert and New York dealer, Stephen Fishler. Fishler originally sold Cage Action Comics #1 back in 1990 and was able to positively ID and authenticate that the comic book was in fact, the one stolen from Cage.


The DC comic book, widely considered to be the most important one ever published for setting the precedent for superheroes to come, was one of three vintage comic books stolen from high security frames on a wall in Cage’s home back in 2000. The initial investigation received a break when days after the break-in, an L.A. area store owner informed Fishler about a phone call he received for pricing on two of the books Cage was missing. Several months later, the third missing comic book, Marvel Mystery #71, resurfaced on eBay...The investigation ending shortly thereafter, leaving a truly devastated Cage.
Ultimate ownership of the recovered comic book has been somewhat complicated by the fact that Cage reportedly received an insurance company settlement for its loss. Because the book is almost certainly worth more today than it was when it was stolen from Cage, this could get interesting.

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