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'Action Comics' #1 leads $7.17 million comics auction

A CGC-graded 3.0 copy of Action Comics #1 fetched $310,700 in a recent $7.17 million comics and comics art auction, Heritage Auctions announced.

That's a far cry from the record $3.2 million paid in August for a pristine copy of the 1938 first appearance of Superman, but certainly nothing to sneeze at.

"High-end, vintage comic books across the board continue to show incredible market durability," Ed Jaster, Heritage's senior vice president, said in a statement. "The auction total, at $7.17 million, is the third-highest grossing comics auction in history, period."

Other comic book highlights of the Nov. 20-22 auction include a CGC-graded 7.0 copy of Pep Comics #22, featuring the first appearance of Archie Andrews ($143,400) and a CGC-graded 6.5 copy of Captain America Comics #1 ($107,550).

The auction house also noted high prices paid for the first appearances of Wonder Woman and Aquaman, which it attributes to anticipation for the characters' big-screen debuts: a CGC-graded 5.5 copy of All Star Comics #8 sold for $44,813, more than triple its list value, and a CGC-graded 3.5 copy of More Fun Comics #73 went for $38,838, 10 times its guide price.

Also of note: Bill Everett's original cover art for 1967's Strange Tales #152, depicting Doctor Strange and Umar, sold for $71,700, while Frank Frazetta's 1967 cover painting for Jongor Fights Back fetched an impressive $179,250.

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