Spider-Man’s Debut ComicSpider-Man: Turn Off the Dark may be a financial disaster on Broadway, but the friendly neighborhood superhero just set a record windfall for one comic book collector. The comic book market continues to boom as the first comic book to feature Spider-Man sold for $1.1 million through comic book auction house ComicConnect, the same house that sold a 1938 edition of Action Comics No. 1, featuring Superman’s debut last year for a record $1.5 million.
The issue, first published in 1962, was sold Monday by a private seller to a private buyer, ComicConnect chief executive Stephen Fishler told The Associated Press on Tuesday. The fact that a 1962 comic has sold for $1.1 million is a bit of a record-shattering event, he said. That something that recent can sell for that much and be that valuable is awe-inspiring.
Rare Copy of Batman No. 1
A rare copy of Batman No. 1, published 70 years ago, is being sold by Dallas-based Heritage Auction Galleries, where it’s expected to fetch more than $40,000. The original press run for the comic in 1940 was thought to be about 500,000 but today fewer than 300 copies are believed to remain in existence.
One of that copy going up for sale this week belongs to Alaska comic book collector Mike Wheat, who bought it in 1974, along with two other comic books for $300. Online bids, who will compete with a live auction set for Thursday, August 5th, already have climbed to $35,000. Barry Sandoval, director of comic auctions and operations at Heritage, said the auction house has handled many copies of Batman No. 1, but he said Wheat’s copy is notable because the low humidity and cool temperatures in Fairbanks have kept the paper in excellent condition. Old comics were printed on notoriously cheap newsprint, but the pages in Wheat’s copy remain crisp and white.