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

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 16,805.41 127.51 0.76%
Nasdaq 4,483.72 30.92 0.69%
S&P 500 1,964.58 13.76 0.71%
Treasuries 2.27 -0.00 -0.09%
Data as of 7:47pm ET
Company Price Change % Change
Ford Motor Co 13.78 -0.62 -4.31%
Microsoft Corp 46.13 1.11 2.47%
Apple Inc 105.22 0.39 0.37%
Bank of America Corp... 16.72 0.12 0.72%
Yahoo! Inc 43.50 0.90 2.11%
Data as of Oct 24

Sections

New York headlines took a straight forward and direct approach with NYC's Ebola news. More

The midterm elections are around the corner, and the economy remains a top concern. With unemployment down and inflation low, why do people still feel the economy stinks? More

Shares of Facebook recently topped $80. They've more than quadrupled from their post-IPO lows of two years ago. Can Mark Zuckerberg keep the momentum in mobile going? More

Host a furniture market. Here's how small town High Point, N.C. rakes in this much money -- twice a year. More

If you're looking to fly this holiday season, the clock's ticking to get the best prices. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.