Breaking Records, CGC-graded Detective Comics #27 Sells for $1.5 Million
Posted on 06/11/2020
A copy of Detective Comics #27 graded by Certified Guaranty Company® (CGC®) realized $1.5 million at a Heritage Auctions sale on November 19, 2020. Graded CGC 7.0, it was the highest-graded copy of Batman's first appearance to come to auction in years.
The sale set several records, including the highest price paid at auction for any comic book outside of Action Comics #1. It is also the most-expensive comic book ever sold by Heritage Auctions.
Detective Comics #27 introduced Batman to the world in May 1939, during the Golden Age of comic books. The CGC Census reports 32 copies of Detective Comics #27 in Universal grade, including one graded CGC 9.2, two graded CGC 8.0, two graded CGC 7.5 and two graded CGC 7.0. The CGC Census also reports 36 in Restored and 1 in Qualified.
In 2010, a Detective Comics #27 graded CGC 8.0 realized $1.075 million at a Heritage Auctions sale, becoming the first book to realize more than $1 million at auction.
It was eclipsed in recent years by Action Comics #1, Superman's debut in June 1938. A copy graded CGC 9.0 realized $3.207 million in an eBay sale in August 2014. Another copy, this one graded CGC 8.5, realized $2.052 million in a ComicConnect sale in June 2018.
CGC is the world's largest and most trusted third-party grading service for comics, trading cards, magazines, concert posters and similar items, with more than 7 million collectibles certified since 2000.
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