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'Superman' Comic Worth $100K Found in Wall of Abandoned Home

2:35 PM, May 23, 2013   |    comments
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David Gonzalez bought an abandoned home in Elbow Lake, Minn., for about $10,000, planning to remodel it. But he ended up getting more than he bargained for -- more than 10 times more.

In the walls of the house, amid the newspapers used as insulation, Gonzalez found a copy of the Holy Grail of comic books: 1938's Action Comics #1, the first appearance of Superman.

He's auctioning it off, and the current bid is more than $113,000; the auction ends on June 11, theMinneapolis Star Tribune reports.

Pristine copies of Action Comics #1 have sold for more than $2 million, but this copy was already in fairly poor condition, considering it had been used as insulation for decades. Then, when Gonzalez invited his in-laws to look at his find, his wife's aunt grabbed the comic; Gonzalez grabbed it back, and the back cover tore.

"That was a $75,000 tear," says the co-owner of the auction house selling the book.

Even so, collectors have been wowed by the book, considering it's never been traded or resold and is "like a virgin comic," says another co-owner.

And Gonzalez isn't upset about the tear: "Money won't buy you happiness," he says. What it will buy him: "I always wanted a 1992 Camaro IROC Z28," he tells the New York Daily News. "I think I have enough money to buy my Camaro now." He also plans to pay off his house and truck, and his wife will finish school.

 

AP, Newser

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