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Super-valued: Special copy of Marvel Comics #1 fetches USD2.4M

NEW YORK (AP) – A particularly prized copy of the first-ever Marvel comic book fetched more than USD2.4 million in an online auction, the auctioneer said on Friday.

Known as the Marvel Comics #1 ‘pay copy’, it’s “arguably one of the top three comic books in the world of comics collecting,” said chief operating officer of ComicConnect Vincent Zurzolo. The New York-based auctioneer sold the book on Thursday night for a bit under USD2,427,800.

The buyer’s name has not been disclosed. He is “an extremely passionate comic book collector and investor” who also collects other items, Zurzolo said.

Published in 1939, Marvel Comics #1 introduced characters including Sub-Mariner and the original Human Torch, a precursor of the character of the same name that was later a member of Marvel’s Fantastic Four. The book launched what became the Marvel universe of comics, movies, TV shows and video games.

The very well-preserved ‘pay copy’ is especially sought-after because it bears the publisher’s handwritten notes recording how much the multiple writers and artists were paid. For example, Frank R Paul earned USD25 for drawing the cover of a book now worth nearly 100,000 times as much.

“It’s an incredibly important look into the world and behind the scenes of the creation” of a comics powerhouse, Zurzolo said.

The Marvel universe would eventually include such characters as Spider-Man, the Fantastic Four, X-Men, the Avengers, Iron Man, Daredevil and the Hulk, often known on-screen as the Incredible Hulk.

Stephen Fishler holding a copy of Marvel Comics #1. PHOTO: AP