$317,200 for First Comic Featuring Superman

For $317,200 you too can own an excellent conditioned Action Comics #1. System of a Down drummer, John Dolmayan, made the winning bid last night during the internet auction.

Action Comics #1 first introduced to Superman in 1938. There are only around 100 copies of Action Comics No. 1 known to exist.

Check out http://www.comicconnect.com/ for more on the comic's relevance in the hobby. I blogged about this auction last month.