LOS ANGELES (LALATE) – A Superman Action Comics No. 1 found in a home insulation could have earned millions for homeowner David Gonzales. That was until he got into a fight with his relative over the comic, and the back cover got ripped off.
The famed Superman Action Comics No. 1 has dominated news over the years. Action Comics #1 was published in April 1938 by National Allied Publications. In 2011, LALATE reported news of one owned by actor Nicholas Cage.
Ten years earlier, a copy owned by Nicolas Cage was stolen from his West Los Angeles home. Cage was set to appear in a remark of Superman to be directed by Tim Burton. It remained unclear if that role was Cage’s inspiration in purchasing the rare copy. But in 2000, the Cage copy was stolen and remained missing for a decade.
In 2011, the Cage copy was found inside a storage unit in the San Fernando Valley. At the time, a lesser condition copy was selling for $317,000. In 2010, another copy in better condition sold for $1 million.
David Gonzales tells news today that he found his Superman Action Comics No. 1 inside a small Minnesota home recently. The issue was tucked away inside home insulation. It reportedly was in great condition. That was until David’s relative got into a disagreement and tore the back cover off. David’s copy is now heading to auction in its damaged state. It is expected to get far less than the $2.16 million expected in its previous state.