Hot on the heels of the first comic book to fetch one million dollars, an 8.0 CGC graded copy of Detective Comics #27 featuring the first appearance of Batman brings $1,075,000 at auction! Who says Superman is better than Batman!
This book was purchased by a collector 40 years ago for $100 and was beautifully preserved over the years. It was part of the Pinnacle Hill Collection. After grading by CGC, it was consigned to Heritage Auction Galleries and was featured in their 2010 February Signature Comics and Comics Art Auction #7017 that ended on February 24, 2010. Heritage described this book as the most desirable comic book it has ever auctioned. Having an 8.0 grade (unrestored) with white pages (very rare for a book this age), it is likely the highest graded copy out there. I doubt another specimen like this will surface for many years.
With the recent million dollar sale of an 8.0 Action Comics #1, followed closely by this amazing auction result, it will be very interesting to see what other high grade Golden Age books bring at auction in the coming years. I’m also curious to see how these two sales and other recent high grade sales will affect the upcoming Overstreet Comic Book Price Guide which should be out within the next couple of months. It could be a wild ride!