An ultra-rare, much-publicized copy of ACTION #1, Superman’s first appearance, has sold for $317,200. The purchaser is John Dolmayan, drummer for the rock band System of a Down, but he acquired it for an unnamed client. (When not busy bashing the skins, the comics-loving Dolmayan also runs an online comics company.) ComicConnect and Metropolis Collectibles brokered the sale.
The seller purchased the book at a secondhand store in the early 1950s for 35 cents.