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Iconic Superman Illustration Fails to Sale at Auction

The cover illustration of Superman #14 by artist Fred Ray has failed to meet its reserve at auction but did attract a record bid of of $402,111.
According to Bleeding Cool, the bid would have set a new record for American comic book art if the piece had sold.
The iconic artwork depicts the Man of Steel with an eagle perched on his arm and was salvaged by Batman illustrator Jerry Robinson in 1942. Robinson's "Double Guns" Joker cover to Detective Comics #69 also failed to meet its reserve at the event.
Auctioneers Comic Connect made headlines earlier this year, selling a copy of Action Comics #1 for a record-breaking $1.5 million.
The current record for US comic art is the $380,000 paid for Frank Frazetta's cover of Weird Science-Fantasy #29 in a private transaction in June.
 
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