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1939 Batman comic sells for more than $1M

BY THE ASSOCIATED PRESS Published: February 26, 2010
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/> "That cover is just one of the most famous of all comic book covers.”

J.C. Vaughn, associate publisher of The Overstreet Comic Book Price Guide, said most people had predicted it would be the comics with the first appearance of Superman and Batman that broke the $1 million barrier. Both comics that sold this week were in great condition — scoring an 8.0 on a scale that goes up to 10, he said.

George Pantela, owner of Melbourne, Australia-based GP Analysis, which tracks sales of certified comics from more than 20 auction houses and dealers, said the previous record was about $317,000 paid a year ago for an Action Comics No. 1 of a lesser grade than the one sold this week.

Vincent Zurzolo, chief operating officer of Comicconnect.com, took the broken record in stride.

"It’s an exciting week in comic books when you have two comics selling for $1 million,” he said.