1938 Superman comic saves family's home from foreclosure

Contributed by
Dec 14, 2012

They were about to lose the home that had been in their family since the 1950s. They were doing one of the most difficult things a person can do—packing up their possessions before seeing their house lost to foreclosure. They needed a hero. They found one—hiding in the basement.

The struggling family, who've chosen to remain anonymous, had taken out a second mortgage to start a business (which failed), and then missed mortgage payments, resulting in their bank starting foreclosure proceedings. In tears, they were going through boxes in the basement when they found a handful of comics, most of which were worth between $10 and $30.

But one of them was the Holy Grail—Action No. 1, the 1938 comic book that was the first to feature Superman.

"There are about 100 copies of Action Comics No. 1 believed to be in existence, with only a handful in good condition," said Vincent Zurzolo, co-owner of and Metropolis Comics and Collectibles in New York. This particular copy was graded a 5.0 Very Good/Fine rating on a scale of 1 to 10.

If you want it when it goes to auction? It'll probably cost you $250,000.

Remember to check your basements, folks!

(via abcnews)

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