The first ever Superman ring from 1940 issued by D.C. Comics and promoted in early issues of Superman and Action Comics. Only 1,600 rings were awarded but its possible others were used in candy and bread promotions. Center image of Superman breaking chains with surrounding text "Supermen Of America Member." One side has planet design with 2 lightning bolts on the opposite side. This ring came from the family of a Las Vegas man who was a life-long Superman fan. Only 20 total rings are known and this example in Fine condition ranks among the best eight with only four better. The silvering on the ring is about 80% complete. The loss is on the lower edges and outer surface of the bottom band from normal wear against the finger. Silvering on the top display area is 99% complete. The red paint surrounding the perimeter inscription appears about 95% complete to the naked eye. Under magnification, about 80% paint remains intact which is still outstanding. We know of only four better and we grade this example overall as Fine, with nearly all the red appearing intact. The "Fine" value in Hake's Character Toy Guide is $21,000. The consignor has set a very conservative opening bid of -