A record $1.5 million paid for a Batman comic book at auction
And how it compares to the previous record-setting Batman comic book
A copy of the 1939 comic book Detective Comics #27, with the first appearance of Batman, was sold at auction this past weekend for $1.5 million.
According to auctioneers Heritage Auctions, that is the highest price ever paid for a Batman comic book. The record was previously $1.075 million for a copy of the same issue, graded at 8.0 by the Comics Guarantee Company, back in 2010.
This week's $1.5 million dollar Detective Comics #27 was graded 7.0 by CGC - a full point below 2010's auction winner - signaling a much more voracious appetite for Batman's origin in the decade since.
"I'm not at all surprised at the result," Heritage's VP Barry Sandoval said in the announcement. "After all, this is one of the best copies you will ever see of one of the most important comic books ever published."
According to CGC, there are only seven known, unrestored copies of Detective Comics #27, including these two.
"While any copy of this key comic is something special, we think this one stands up extremely well against any we've seen offered to the public," reads Heritage's description of the issue just sold. "The yellows on the cover are clean and unsmudged, and few surviving copies can make that claim. And notice that the back cover is also appealingly clean. The book is also well-centered, with none of the back cover ad wrapping around to the front. Also note that this book has no codes or markings of any sort, which can be said of very few 1939 comics!"
If you were around in 1939, you would've been able to buy Detective Comics #27 off the newsstand for 10¢. Even when you factor in inflation from 1939 to 2020, that's still just $1.87.
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And while this sets a record for Batman comic books, the most expensive comic book ever sold remains a 9.0 CGC-graded copy of Action Comics #1, which sold on eBay in 2014 for $3.2 million. That issue, of course, contains the first appearance of Superman.
Like the Dark Knight? Make sure you've read up on the best Batman stories of all time.
Chris Arrant covered comic book news for Newsarama from 2003 to 2022 (and as editor/senior editor from 2015 to 2022) and has also written for USA Today, Life, Entertainment Weekly, Publisher's Weekly, Marvel Entertainment, TOKYOPOP, AdHouse Books, Cartoon Brew, Bleeding Cool, Comic Shop News, and CBR. He is the author of the book Modern: Masters Cliff Chiang, co-authored Art of Spider-Man Classic, and contributed to Dark Horse/Bedside Press' anthology Pros and (Comic) Cons. He has acted as a judge for the Will Eisner Comic Industry Awards, the Harvey Awards, and the Stan Lee Awards. Chris is a member of the American Library Association's Graphic Novel & Comics Round Table. (He/him)