While doing a renovation earlier this year in Elbow Lake, Minn., building contractor David Gonzalez found the comic among newspapers used as insulation in the walls of the house. He had bought the house — also built in 1938 — for $10,100.
A copy of Action Comics No. 1, the 1938 comic book that debuted Jerry Siegel and Joe Schuster’s Superman, was found in the walls of a Minnesota house during a renovation and sold for $175,000 on Tuesday, according to comic-book seller ComicConnect.com.
While doing a renovation earlier this year in Elbow Lake, Minn., building contractor David Gonzalez found the comic among newspapers used as insulation in the walls of the house. He had bought the house — also built in 1938 — for $10,100.
Gonzalez’s copy, bought by an anonymous bidder, was graded as a 1.5 out of 10 due to a detached back cover. A near-mint copy of the same comic graded at a 9.0 sold for $2.16 million in 2011.