Batman #1 Being Auctioned! Who can Guess the Sold Price?

by Cassaundra Thomas

011221C_Facebook Batman #1 Being Auctioned! Who can Guess the Sold Price?

Batman #1.

The first issue in the Batman comic series. The first appearance of The Joker and Catwoman. SUCH an iconic comic. Being from 1940, it is such a great Golden Age comic. Now, the highest-graded issue is going on auction with Heritage. It has never sold before… What do you think it will sell for?

Auction ended! Sold for $2.22M including buyers premium!

The auction ends on the 14th. Enough time to challenge you guys to see who can get closest to the winning bid (including buyers premium). There has only ever been ONE 9.4 grade Batman #1 and it has no recorded sales. Let’s go over some of the current stats so that you have something to think about as you make your guess.

Batman #1 Sales

The highest graded sale was a 9.2 that sold in 2013 for $567k. Only nine graded sales of this comic took place last year; four of those were restored labels, and one was CBCS. The grades ranged from 0.5 to 6.5 and the prices ranged from 12.6k to $117k.

Screen-Shot-2020-12-29-at-2.18.53-PM-144x300 Batman #1 Being Auctioned! Who can Guess the Sold Price?Let’s compare this to another iconic comics book, Action Comics #1 (of which there are so few sales we can’t even create an estimated FMV). I know it may not be a fair comparison. Batman #1 isn’t the “original” superhero.  However, they both launched incredibly popular franchises that went on to do amazing things. AC #1 is much rarer with only 72 issues in the CGC Census. The highest grade for AC #1 is 9.4 as well – this time (2.) However, they are purple (restored). In terms of blue labels, 9.2 is the highest grade. One of the 9.4’s was auctioned off in 2019. It sold for $252k.

Looking at the current standing (I will try to update this as I see the bid change;) it is sitting at $2.22M. The highest sale of AC #1 was $3.2M for a blue label 9.0 back in 2014. That’s INSANE(LY COOL)!

Batman #1 Quantities

There are 273 graded copies of this comic according to the CGC Census. The most common grade is split between 4.0 & 1.0 with 20 each. For the higher grades, there are:

(16) 8.0s
(6) 8.5s
(3) 9.0s
(7) 9.2s

Then the lonely 9.4 is the highest grade available currently. The current estimated FMVs for those grades start at $500k for an 8.0 and then $1.75m for the 9.2. The estimated FMV for the unsold 9.4 is $2.7M. The current bid is $2.22M (just a reminder.)

Extra Info Available to Heritage members

Instagram_Heritage_GoCollect-1-300x300 Batman #1 Being Auctioned! Who can Guess the Sold Price?If you didn’t see our blog about our partnership with Heritage, check it out. Heritage members (it’s free) will get free access to extra data that only premium GoCollect members have access to currently. On the auction page of a specific comic, you can scroll down and see a link over to GoCollect. This started on the 14th so be sure to check it out! It’s limited to the comics on auction.

What do you think?

At this point, I want to open it up to the comment section. Please let me know your guestimates or assumptions on this iconic comic getting auctioned off. Do you think it will go above and beyond the current estimated FMV? Let’s see who can get closest to the winning bid (including buyers premium)! We will announce the winners.

Be sure to check out the auction HERE!

 

Footer_Upgrade_Premium_12.3.2020_Orange-1024x213 Batman #1 Being Auctioned! Who can Guess the Sold Price?

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14 comments

Eric Haar January 14, 2021 - 12:38 pm

Has a Batman #1 sold for $1.75 mil? I see GoCollect has that as the 9.2 FMV, but I can’t find a record of any sale that high. The Heritage copy sold in 2013 sold for $567,625: https://comics.ha.com/itm/golden-age-1938-1955-/superhero/batman-1-dc-1940-cgc-nm-92-off-white-pages/a/7079-91013.s

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Cassaundra Thomas January 14, 2021 - 12:48 pm

Thanks for catching that! I was reading FMV rather than sale price 🙂 I appreciate you!

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John Patrick Stevenson January 14, 2021 - 12:38 pm

Including Buyer’s Premium, my guess is $3,227,840.

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octoberland January 14, 2021 - 1:20 pm

I’ll go out on a limb here. Given the absurd prices most books have been selling for, I think this one sets a new high. I think all told it’ll be around 3.8M. I’m guessing whatever is driving prices spills into this rare and important gem’s auction. Lay in someone wanting to say they own the most ‘expensive’ comic and I think it sets the bar. (Not really getting that they made it the most expensive so they sort of bought that spot 😉 )

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Earl Thomas January 14, 2021 - 3:56 pm

Deep pockets is going to get this one around $3 million

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Eric Haar January 14, 2021 - 1:53 pm

Sold for $1,850,000 ($2,220,000 w/buyers premium). I believe that’s the second highest comic sale of all time after the 3.2 mil Action #1?

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Cassaundra Thomas January 14, 2021 - 2:28 pm

I believe that would make it the second so far.

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Stone Culdesac January 14, 2021 - 2:37 pm

My guess is 3.3 million

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Gerry January 14, 2021 - 2:59 pm

We should have a discussion about the complete whiff on grading that book. If I turned in a book from last decade with rounded corners, paint missing from both top and bottom edge, and browning in the top right corner it would start at 7.0 and go down from there. A 9.4 should be a 9.4 regardless of age.

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Cassaundra Thomas January 15, 2021 - 9:26 am

I agree – it’s a good point to bring up. I’ll see if any of the bloggers want to cover that topic! I’ve seen some other people mention the same thing on discussion boards.

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Patrick Bain January 18, 2021 - 4:58 pm

I tend to think the same way as Gerry, an objective grade needs to go beyond the context of the material. Age, Iconic status, potential value need to be removed from the equation to determine grade. That said, even the most rigorous of grading scales has some elements of subjectivity. I would ask the question, if all copies of Batman 1 were lined up in a row, would this one grade the highest? If its overall appearance is better than the three 8.5s, one 9.0 and one 9.2, then I guess I wouldn’t be too upset.

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dawson January 14, 2021 - 5:57 pm

333,333,33.33

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Gary Colabuono January 14, 2021 - 10:51 pm

As incredible as $2.22 million is, did anyone notice the Daredevil 1 in 9.6 selling for over $100,000!!!! The previous high sale was $38,000!!! What’s up with that?

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Cassaundra Thomas January 15, 2021 - 9:24 am

Wow! I completely missed. that personally! The last 9.6 that sold looks like was in 2019 but that’s still a BIG jump!

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