In the US South a family, who had been having financial problems and wishes to remain anonymous in the media, was facing repossession of a home they had lived in for almost 60 years. They knew there was no hope to save their home and began cleaning areas of the home and packing up belongings.

While cleaning out the basement and looking for available boxes they came upon a box that held old comics. Long forgotten in this box was a pile of only a few comics, approximately 8 and one of them just happens to be the very first issue in which Superman appears and it is worth an estimated US$250,000.

Looks like Superman has saved the family home.

The comic is the June 1938 issue of Action Comics No.1. Most of the other comics in the pile were valuable as well but only worth $10 to $30, but the issue with Superman is rare. The family is selling the issue at auction with ComicConnect,com on August 27. The issue is expected to bring in $250,000 but had it been in a little better condition it might have sold for the same amount as another one that sold earlier this year for US$1.5 million.

"The bank was about ready to foreclose," said Vincent Zurzolo, co-owner of ComicConnect.com and Metropolis Comics and Collectibles in New York.

He said: "Literally, this family was in tears. The family home was going to be lost and they’re devastated. They can’t figure out a way out of this. They start packing things up. They go into the basement and start sifting through boxes, trying to find packing boxes and they stumble on eight or nine comic books."

The home has belonged to the family since the 1950's and the comics had been packed away for a very long time. Luckily the family recognized the possibility of the value of the comics and looked into their possible worth when stumbling upon the comic auction earlier in the year conducted by ComicConnect of the one that went for $1.5 million. They then contacted the company to inquire of their assistance in auctioning off theirs.

The ComicConnect company has spoken with the family’s mortgage lender and they have agreed to postpone the repossession and allow the family to remain within the home until the auction on August 27. There are few people that can say it, but this family can, Superman saved their day.