Rare Superman comic found in house insulation - FOX 8 WVUE New Orleans News, Weather, Sports

Rare Superman comic found in house insulation

Updated:
AP Photo/Courtesy of Heritage Auctions AP Photo/Courtesy of Heritage Auctions

MINNEAPOLIS (AP) - It's considered the Holy Grail of comic books: Action Comics No. 1 from 1938, featuring the debut of Superman. David Gonzales found one mixed in with old newspapers insulating the ceiling of a house he was renovating in a small town in Minnesota. 

Gonzales did some research that confirmed the comic was valuable, though not as much as it could have been. He got into a heated discussion with a relative about its value, and the back cover got ripped. 

Because of the damage, New York-based online auctioneer ComicConnect.com graded the book a 1.5 on a 10-point scale. By comparison, an Action Comics No. 1 that was graded a 9 recently fetched $2.16 million. 

Bidding on Gonzales' find was up to $137,000 as of Friday afternoon. Bidding closes June 11.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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