"The comic - which sold for 10 cents when it came out in 1938 - was an anthology of tales about mostly now little-known characters. But over a few panels, it told the origin story of Superman's birth on a dying planet, his journey to Earth and his decision as an adult to "turn his titanic strength into channels that would benefit mankind." Its publication marked the beginning of the superhero genre."
"The comic book was stolen from Cage's Los Angeles home in 2000 but was recovered in 2011 when it was found by a man who had purchased the contents of an old storage locker in southern California. It eventually was returned to Cage, who had bought it in 1996 for $150,000. Six months after it was returned to him, he sold it at auction for $2.2 million."
A rare 1938 Action Comics No. 1 that introduced Superman sold privately for $15 million, eclipsing the previous comic-book record of $9.12 million. The sale was negotiated by Metropolis Collectibles/Comic Connect, with the owner and buyer remaining anonymous. The comic originally sold for 10 cents and contained the origin of Superman, marking the beginning of the superhero genre; about 100 copies are known to exist. The specific copy was stolen from Nicolas Cage's Los Angeles home in 2000, recovered in 2011 from a storage locker purchase, returned to Cage, and later sold at auction for $2.2 million.
Read at Fortune
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