According to the Associated Press news release, the very first issue of Action Comics that featured Superman was sold for $317,200 in an internet auction today. The seller apparently had purchased the comic in the 1950's for 35 cents!
According to the buyer, the lagging American Economy contributed to the overall "great price."
There are apparently only about 100 issues of Action Comic #1's known to exist today, and they rarely (if ever) go up for sale.
While this is certainly a treasure as far as collector's are concerned; would you say it's worth the $317,200 bucks that was paid for it? Would you have paid that much for a #1 Superman?