I can't remember the exact year, but it was in the late 80's early 90's.
A local collector owned it, and a friend of mine had traded golden age with him before.
My friend either didn't have enough books the guy wanted to trade for the Superman 1, or he just wasn't interested in trading it at the time.
But my friend told me that he had a Superman 1.
Eventually he told me he might be willing to trade it.
I traded a Human Torch 1, a More Fun 67, a Circus, The Comic Riot #1, and some other books I can't recall.
It's unrestored.
As far as any back story to the book itself, prior to me getting it, I have no idea.