Highest-graded copy ever of Batman #1 breaks record at auction

Batman #1 sells for a record price..By Trent Moore, Source: Blastr.com

A top-quality copy of the Batman No. 1 from 1940 has broken an auction record for the issue, which is one of the most highly sought-after out there. So how much did it bring?

The pristine copy of Batman #1, featuring the Caped Crusader and Boy Wonder swinging into action, sold for a whopping $850,000 in a private auction at Heritage Auctions. That’s the most ever paid for the issue.

Certified in “Near Mint” status, the comic was sold by a private collector and purchased by an investor partnership.

According to the Overstreet Comic Book Price Guide, Batman #1 is the sixth most valuable Comic Book in “near mint” condition.

The sale was a primer of sorts for a larger comic auction planned by Hertiage Auctions, set for May 10-11 in Dallas, Texas.

“It’s amazing that three years ago, no comic book had ever sold for even half that amount,” said Heritage Auctions vice president Ed Jaster said in a statement. “Heritage is holding a $4+ million comics and comic art auction in Dallas May 10-11. Many collectors and dealers will be watching to see how Golden Age comics perform there.”

Though that’s a solid performance for Bats, it pales in comparison to the $2.16 million Superman’s first appearance in Action Comics No. 1 brought, in a sale by actor Nicolas Cage.

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The ESO Podcast is a Sci-Fi / Fantasy and Comic Book weekly broadcast, featuring news, reviews and just general nonsense about the genre we love. It's time to let your inner geek out to play. Happily serving you since April 2010

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