SYSTEM OF A DOWN's John Dolmayan purchased Action Comics #1 (Superman's first appearance) for $825K

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System Of A Down drummer John Dolmayan has purchased a copy of Action Comics #1 , the 1938 comic book featuring the first appearance of Superman , for $825,000.

The purchase took place earlier this month at New York Comic Con , with the transaction brokered by Metropolis Collectibles . The comic was sold in its original, unrestored condition without having been professionally graded.

Dolmayan, an avid comic book collector and retailer, previously purchased a restored copy of the same issue graded 8.5 in February. At the time, he said he had dreamed of owning the comic for years.

The drummer also operates Torpedo Comics , which transitioned to an online-only business earlier this year following the closure of its Las Vegas storefront in May.

According to the report, Metropolis Collectibles sold two copies of Action Comics #1 during New York Comic Con for a combined total exceeding $2 million. The second copy, a partially restored example graded 9.0, sold for $1.3 million.

Earlier this year, another 9.0-graded copy reportedly sold for $15 million, setting a new record for the most expensive comic book ever sold.