UPDATE TO OUR POST:
Comic collection expected to fetch $2M at auction
Holy windfall, Batman! Man’s childhood comic collection fetches $3.5 million
DALLAS (AP) The bulk of a man’s childhood comic book collection that included many of the most prized issues ever published sold at auction Wednesday for about $3.5 million.
A copy of Detective Comics No. 27, which sold for 10 cents in 1939 and features the debut of Batman, got the top bid at the New York City auction Wednesday. It sold for about $523,000, including a buyer’s premium, said Lon Allen, managing director of comics for Heritage Auctions, the Dallas-based auction house overseeing the sale.
“This really has its place in the history of great comic book collections,” said Allen, who added that the auction was high energy, with “a bunch of applause at a couple of the top lots.”
Action Comics No. 1, a 1938 issue featuring the first appearance of Superman, sold for about $299,000; Batman No. 1, from 1940, sold for about $275,000; and Captain America No. 2, a 1941 issue with a frightened Adolf Hitler on the cover, brought in about $114,000, Allen said.
Among the 345 well-preserved comics bought decades ago by the Virginia boy with a remarkable knack for picking winners were 44 of The Overstreet Comic Book Price Guide’s top 100 issues from comics’ golden age.
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