BREAKING: Holy Outta-Control! Batman comic breaks record in million-dollar sale
(Heritage Auction Galleries / AP)
Well that record didn't last long.
Just three days after a Superman issue became the first comic book ever to sell for a million dollars, a Batman comic book sold today at auction -- for about $75,000 more.
Heritage Auction Galleries in Dallas tells Comic Riffs that a rare copy of Detective Comics No. 27 from 1939 -- in which "The Batman" made his debut -- sold for a record-setting $1,075,500 Thursday.
Both the consignor and the buyer -- who purchased the comic online via a "click bid" -- chose to shield their identities (again, how apropos). And holy deja-vu, Batman: Like the Superman comic that sold Monday in New York, the Caped Crusader comic is graded to be in "8.0" condition on the industry's 10-point scale.
"It really has an amazing appearance," Lon Allen, sales director for Heritage's comic books division, tells Comic Riffs. "The bright yellows with Batman swooping in -- you can really tell it was stored properly from the beginning.
"It isn't faded or dog-earred," continues Allen, 37, who grew up an avid comic-book fan. "To the untrained eye, it looks like it's in near-mint condition."
Last fall, the collector expressed an interest in selling, so Allen traveled to his house [he only reveals that it's in the "northern" part of the United States] to see the "slabbed" book.
"I went there knowing it was going to be a good book. So many have restoration on them," Allen says. "I had to determine how good it is under a chandelier" -- and he was duly impressed.
There aren't any known higher-grade copies of the Batman issue. "Only rumors of them," the Heritage official says.
Somewhere between 100 and 200 copies of Detective Comics No. 27 exist, Allen says. In 1939, the comic sold for 10 cents; the consignor bought the record-setting book in the '60s for $100.
Prior to Monday, the record for a comic-book sale was $317,000 (last year, for another copy of the 1938 Superman-debut issue).
So was Monday's Superman-sale a game-changer for the comics-collectible industry?
"It really does seem like it," Allen says. "I think that the million-dollar result made somebody feel comfortable on [bidding] those kinds of numbers -- $317,000 was so far below what it should have been."
Added Allen: "I think this is ushering in a whole new ballgame [in sale prices]. This is going to give a boost to the ... highest-grade of all comics."
THE RELATED READ:
THE MAN OF STEELY DEALS: Super-Man comic sells for record price
| February 25, 2010; 7:30 PM ET
Categories: The Comic Book | Tags: Batman, Detective Comics No. 27
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