It went less than speculators had originally thought, but $317,200 is a pretty good take on an issue that cost the owner $.35 when he originally purchased it at a second hand store 50 years ago. The unrestored Action Comics #1 (one of 20 in existence) was purchased by John Dolmayan, the drummer for System of a Down.
But here’s where it gets interesting – Dolmayan, is also a dealer of the rare comic books, and instead of purchasing the 1938 issue for himself, JOhn purchased it on behalf of an unidentified client.
“Maybe in a booming economy, it would have done a hundred grand more, but in this economy, I think the price is great,” said Stephen Fishler co-owner of ComicConnect.com.
2 Comments
BANANA BANANA TERRACOTTA PIE, TERRACOTTA PIE!
thought this would go for a lot more. any one know how many detective comics 27s are left?