Die Hard is probably the best action movie IMO. And it's one of the only action movies which the sequals where of the same quality as the original (exception: Terminator).
Apart from that: Heat, Lethal Weapon (quite funny as well = good mix), and the bourne identity are all excellent. Ronin is also very nice, but a step furter down the ladder.
I don't know if you could call these pure action movies: Pulp Fiction, the usual suspects, fight club, Reservoir Dogs
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