Rare Superman Comic Goes Up For Auction

If you’ve got a couple of hundred thousand dollars to spare, you could own a piece of comic-book history.

A rare copy of “Action Comics #1″ was put up for auction today.  The comic is one of the most valued in the world with copies valued at $126,000.  Many experts expect this issue will go for much more than that.

“It’s the Holy Grail of comic books,” said comic expert Stephen Fishler, who created the 10-point grading scale that has become the industry standard for evaluating comic books.

“This is the one that started it all. There was no such thing as a super hero before it. No flying man. Comics weren’t even that popular. It’s the single most important event in comic book history,” he said.

Fishler, founder of New York’s Metropolis Collectibles, will manage the auction of the comic — created by Jerry Siegel and Joe Schuster — at www.comicconnect.com. The auction of “Action Comics #1″ begins on Friday and concludes on March 13.

The unidentified seller bought the comic in 1950 when he was 9 years old after begging his father for 35 cents.