Washington DC (USA): A copy of the first-ever Marvel Comics book sold for $1.26 million in an auction in Texas.

The 'Marvel Comics Number 1', a 1939 release, sold at an auction in Dallas recently for a staggering amount of $1.26 million, according to Heritage Auctions as cited by Fox News.

Heritage senior vice president Ed Jaster, called it "a historic copy of a historic comic book."

The issue features the first appearance of characters such as the Human Torch, Ka-Zar, Angel and the Sub-Mariner.

Heritage said the comic book was first purchased at a newsstand by a Uniontown, Pennsylvania mail carrier, who made a practice of buying the first issue of comic books and magazines. Jaster said that since then, the issue has changed owners only a handful of times.

Marvel Comics released its Marvel Comics 1000 issue in August, which paid homage to many of the entity's most recognizable characters, including Iron Man, the Hulk, and Spider-Man. It also highlighted some of their lesser-known characters as well.

Each page in the issue was devoted to one year in Marvel's history.

The Marvel Comics Number 1 was marked by the creation of the Human Torch on November 1, 1939.