VOL. I · THE HINDSIGHT EDITIONHISTORY LOOKS OBVIOUS AFTER IT HAPPENS. LIFE DOESN’T.SEPTEMBER 2026

Would you have seen it? · Case 015

Everyday Life · Collecting2011

The recovered Superman comic

A dealer holding a graded copy of Action Comics No. 1 in front of a wall of comic books
A graded copy of Action Comics No. 1 on display at New York Comic Con in 2014. Photograph: Gary Dunaier · CC BY-SA 4.0 · Wikimedia Commons File page ↗

A rare copy of Action Comics No. 1, stolen from actor Nicolas Cage in 2000, has been recovered. After fifteen years of ownership and an extraordinary provenance story, the choice is sell, hold, or insure and lend it.

  • The copy was bought in 1996 for $150,000.
  • Condition and exact same-copy provenance drive value; results for other copies are not comparable.
  • Auction premiums, insurance, storage, liquidity, and taxes complicate the headline price.
What would you have done?

Evidence ledger

Sources & calculation notes

  1. Associated Press — Action Comics No. 1 private sale ↗
  2. ICv2 — Action Comics #1 brings $2.16 million ↗