A CGC Apparent 8.0 restored copy of Action Comics #1 realized $167,300 at Heritage Auctions’ August 7-9, 2014 Comics & Comic Art Signature Auction at the company’s Dallas headquarters, they have reported. The amount is one of the highest prices ever paid for a restored comic book, and it took top honors in $5.18 million event.

“We were happy, but not too surprised, to see a price like this for the restored Action #1,” said Lon Allen, Managing Director of Comics & Comic Art Auctions at Heritage. “This is an issue that most any follower of pop culture will recognize, that any comic book collector would want and that any person would be impressed seeing in a collection. This is a book that has everything going for it.”     

Additional results from this auction are featured in our Auctions-Prices section this week.