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The York (Pennsylvania) Daily Record reports had been conservatively estimated to fetch $50,000 and $75,000, but the historical significance of the issue (cover-dated February 1964), and the timing of the auction — no coincidence, mind you — helped to drive up the price.
The cover shows the Superman greeting a line of well-wishers, including Lois Lane, Supergirl, Batman and Robin, and, somehow, Clark Kent. In the story, “The Superman Super-Spectacular,” written by Edmund Hamilton and penciled by Swan, Superman must figure out who can portray Clark on a television show honoring the Man of Steel so he can protect his secret identity. He ends up turning to President Kennedy, who dons a mask and make-up to shake Superman’s hand on air.
The issue was already so far into production when Kennedy was assassinated on Nov. 22, 1963, that it couldn’t be stopped, and Action Comics #309 was released just days later.
The anonymous seller purchased the original art in the 1970s for $75.