Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Batman comic book beats Superman at auction, sets record

By Annalyn Censky, staff reporter


NEW YORK (CNNMoney.com) -- The Dark Knight may be Superman's next greatest nemesis, after Lex Luthor.

Just three days after auction site ComicConnect.com claimed to break world records when it sold an original Superman comic for $1 million, Batman stole his thunder.

batman_comic_auction.03[1].jpg

A rare, high-quality copy of Detective Comics #27, which marked the first appearance of Batman in 1939, sold for $1,075,500 on Thursday. Heritage Auctions of Dallas sold the comic book to an unnamed bidder on behalf of an anonymous collector.

Seven bidders from three countries participated in the combination live and online auction, taking about eight minutes to decide on a final price -- an "eternity" in auction time, said Heritage Auctions president Greg Rohan.

On Monday, ComicConnect claimed to sell a rare copy of Action Comics #1 to an anonymous collector for $1 million.

Action Comics #1, which debuted in 1938, marked the first appearance of Superman. A lesser-quality copy set the previous comic book record, racking up $317,000 at auction last year.

Vincent Zurzolo, who co-owns ComicConnect.com with founder Stephen Fishler, said while his Superman sale only held the record for three days, he was very happy to see two comic books selling for more than $1 million.

"Records are meant to be broken," and this week will forever go down in comic book history, he said.

Both Detective Comics #27 and Action Comics #1 were originally published by National Allied Publications, a company that later became Detective Comics and then DC Comics. DC Comics and CNNMoney.com are Time Warner subsidiaries.

With several comic book films set to release in 2011, Zurzolo said he expects prices to escalate on rare copies featuring popular characters. Green Lantern, The First Avenger: Captain America and Spider-Man 4 are tentatively scheduled to open in theaters next year.

Rohan said he's seen prices for incredibly rare items, like original comic books, shoot up between 15% and 25% during the recession, while auction prices for more common collectibles have decreased.

Last month, Heritage Auctions sold a 1913 nickel, one of only 5 in the world, for $3.7 million. To top of page

Index Last Change % Change
Dow 17,660.71 9.45 0.05%
Nasdaq 4,717.09 -8.55 -0.18%
S&P 500 2,050.63 -0.49 -0.02%
Treasuries 1.75 -0.04 -2.07%
Data as of 1:58am ET
Company Price Change % Change
Bank of America Corp... 14.05 -0.08 -0.57%
Chesapeake Energy Co... 5.71 0.06 1.06%
Freeport-McMoRan Inc... 11.29 -0.51 -4.32%
Apple Inc 93.24 -0.38 -0.41%
General Electric Co 29.89 -0.18 -0.60%
Data as of May 5
Sponsors

Sections

Sumner Redstone, 92, was deposed on videotape Thursday ahead of a trial Friday that will determine his mental competency. It could have implications for Viacom and CBS. More

CNNMoney predicts 197,000 jobs added in April and the unemployment rate remaining at 5%. More

Gogo has a faster satellite wifi system coming to carriers, and it might be good enough to make people stop complaining. More

Visa says new software will allow consumers to check out with chip cards as fast as swiping a card with magnetic strip. More