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Record $2.16m For Superman Comic

December 01, 2011

In 1938, when Action Comics No. 1 introduced Superman to the world, a copy sold for 10 cents. Yesterday, after 50 bids, a pristine example sold for $2.16m in an online auction, becoming the most valuable comic book ever sold. Its provenance may be as interesting as its record price. Was it the copy that was stolen from actor Nicholas Cage back in 2000?

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Eye On: Taxes
U.S. Taxes on art bought abroad
Collectors buying art at auctions overseas must be aware of U.S. tax consequences. Here are some tips from Alan Olsen that will help smooth the way.
	Art Bought Overseas CPA Alan Olsen, of Greenstein Rogoff Olsen & Co., talks about the U.S. tax consequences when you purchase art abroad. Watch Video

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