Detective Comics #27 sells for $1,000,000 plus!

Detective Comics #27 sells for $1,000,000 plus!

A 1939 comic book in which Batman makes his debut sold at auction Thursday for more than $1 million, breaking a record set just three days earlier by a Superman comic, Heritage Auction Galleries said.

By AxlFnRose - Feb 25, 2010 07:02 PM EST
Filed Under: DC Comics
Source: http://www.cbsnews.com

The Dallas-based auction house said the rare copy of Detective Comics No. 27 sold for a total of $1,075,500, which includes the buyer's premium, to a buyer who wished to remain anonymous. The consigner wanted to remain anonymous as well.

"It pretty much blew away all of our expectations and now it's the highest price ever raised for a comic book," said Barry Sandoval, director of operations of Heritage's comics division.





A copy of the first comic book featuring Superman, a 1938 edition of Action Comics No. 1, sold Monday for $1 million in a sale between a private seller and a private buyer, with the transaction conducted by the New York City auction site ComicConnect.com.

"We can really say that Batman has nosed out Superman, at least for now," Sandoval said.

He said the consigner had bought the Batman comic in the late 1960s for $100. With a bright yellow background, the comic features Batman swinging on a rope above city rooftops.

"That cover is just one of the most famous of all comic book covers," Sandoval said.

J.C. Vaughn, associate publisher of The Overstreet Comic Book Price Guide, said most people had predicted it would be the comics with the first appearance of Superman and Batman that broke the $1 million barrier. Both comics that sold this week were in great condition — scoring an 8.0 on a scale that goes up to 10, he said.

"I think that you can greenly ascribe this to a real comfort with the liquidity of rare, high grade vintage collectibles," Vaughn said.

George Pantela, owner of Melbourne, Australia-based GP Analysis, which tracks sales of certified comics from more than 20 auction houses and dealers, said the previous record was about $317,000 paid a year ago for a lesser grade Action Comics No. 1 than the one sold this week.

Vincent Zurzolo, chief operating officer of Comicconnect.com, took the breaking of their record in stride.

"It's an exciting week in comic books when you have two comics selling for $1 million," he said.


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Dmon
Dmon - 2/25/2010, 7:52 PM
Who is it that keeps buying these Comics first Action Comics now this one lucky bastard.
Minotauro
Minotauro - 2/25/2010, 7:54 PM
Batman > Superman.
DC > Marvel.
supermarioworldE
supermarioworldE - 2/25/2010, 8:53 PM
Is there anything Batman can't do?
InstigatorGIRL
InstigatorGIRL - 2/25/2010, 9:32 PM
@Supermario Be on Smallville, and Kill the Joker lol
CorndogBurglar
CorndogBurglar - 2/25/2010, 10:09 PM
i saw action comics on sale for 1.1 million on ebay a few years back. how crazy...
BruceWayneNewton
BruceWayneNewton - 2/25/2010, 10:14 PM
Sounds like a deal to me.
Checkmate
Checkmate - 2/25/2010, 10:32 PM
:( And here I am with only 50 bucks.
JYCowboy
JYCowboy - 2/25/2010, 11:23 PM
Golden Age comics are rare after the paper drives of WW2. There may only be about 10 Action Comics #1 that have survived in decent shape. No telling how many Detective Comics #27.
marvel72
marvel72 - 2/26/2010, 3:11 AM
who's next ? wonder woman,the flash,green lantern or the spectre.i think marvel have probably only got two comic that would reach them sort prices.marvel comics 1 & captain america 1,not even x-men 1,fantastic four 1,avengers 1,amazing fantasy 15,amazing spider-man 1 & hulk 1 can command those sort of prices.
lucky bastard.
thedon786
thedon786 - 2/26/2010, 3:59 AM
lucky people.
jjmeylar
jjmeylar - 2/26/2010, 5:31 AM
@Deadpool72: That's exactly what I was thinking, man. I'm pulling for "Marvel Comics" #1 and "Captain America Comics" #1 to break that record.
Thekevin
Thekevin - 2/26/2010, 6:32 AM
Tell us the truth Angelo....You bought it didn't you? DIDN'T YOU?!!!
comicb00kguy
comicb00kguy - 2/26/2010, 7:45 AM
My friends and I were talking several days ago about the Action #1 selling for $1 million, and we figured that Detective #27 would join it in the million dollar club before long. Didn't think it would be this soon, though. Must be nice to have that kind of money to spend on comics! Has anyone tried to create an accurate inventory of just how many of these two key books, and several other Golden Age classics, exist?
valeriesghost
valeriesghost - 2/26/2010, 8:04 AM
@InstigatorGIRL thats good stuff.
supermarioworldE
supermarioworldE - 2/26/2010, 8:33 AM
@InstigatorGirl

Batman has way too much class to be put on smallville. lol
LEEE777
LEEE777 - 2/26/2010, 8:38 AM
Damn, that beats ACTION COMICS #1!!!

Hmmm maybe i should sell my copy of DETECTIVE COMICS #27!?

; D


Great find @ Angelo, luv it!!
BillyBlack
BillyBlack - 2/26/2010, 10:13 AM
InstigatorGIRL

Don't tell that last part to Frank Miller. ;)
georgia49th
georgia49th - 2/26/2010, 10:17 AM
Spider-Man #69 had sold for $650,000.00 Even I have some jonah hex issues that are goig up in price some for as much as $75.00 bucks. It's all about how much a person is willing to shell out for a paticular issue. the rarer the better so far it will be super hero comics that will garner the top dollar while a much older and harder to find comics such as Red Ryder comic can go for #300.00 to $750.00 bucks. at one point an old issue of All Star Western with Jonah Hex was getting up there in price $$$$$$$$.
I bought the Death of Robin for $1.25 it soon shot up to $50.00 within weeks of it's release ,now that some how they brought Jason Todd back to life (he's the Red Hood) it's probaly worth diddly......

Comics can change in a hart beat in value if someone found a ware house full of the original first appearance of superman comics the value of that comic would drop in value and those who shelled out major cash for those rare issues would feel pretty shitty but that will never happen.
TheDarkCuban
TheDarkCuban - 2/26/2010, 12:09 PM
I'm Iron man and... I'm batman
I'm a marvel and... I'm batman
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