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Lot 91126 |
Detective Comics #27 (DC, 1939) CGC VF 8.0 Off-white to white pages....
2010 February Signature Comics & Comic Art Auction #7017
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Bid Information
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For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
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Consignor Has Not Yet Submitted a Reserve:
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No Reserve:
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Reserve Met:
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Opening Bid:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
What's This?
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What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% (minimum $40 per lot) of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 19.5% of the successful bid (minimum $14) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid:
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
[+] Extended Payment Plan Details
- Minimum invoice total is $2,500.
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Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items
(excludes Virtual Bourse, Comic Market and Virtual Sports Show)[+] Extended Payment Plan Details for Heritage Owned Inventory Items
- Minimum invoice total is $2,000.
- You may take up to 6 months to pay the balance (monthly payments of at least 1/6th of invoice total).
- Interest is calculated at only 1% per month (12% annually) on the unpaid balance, and must be kept current.
- Minimum down payment is 20%.
- Payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- Payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, bank draft, bank wire or PayPal.
- There is no penalty for paying off early.
- Non-dealers only
All traditional sales policies still apply. Due to the nature of the business and market volatility, there is no return privilege once you have confirmed your sale, and penalties can be incurred on cancelled orders.
SMS Alerts
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| Auction Ended On: | Feb 25, 2010 | |
| Item Activity: |
20 Internet/mail/phone bidders
635,805 page views |
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| Location: |
Heritage Auctions |
Detective Comics #27 (DC, 1939) CGC VF 8.0 Off-white to white
pages. This is perhaps the most desirable comic book we have
auctioned at Heritage to date.The first appearance of Batman, this comic has been considered among the top books in the hobby ever since comic collecting began. It enjoyed a brief tenure at #1 on Overstreet's Top Golden Age Books list, and while it's been ranked #2 behind Action Comics #1 (Superman's first appearance) for some years now, it is the one serious contender to dethrone Action #1 in years to come. Which character is more popular now, and which will be more popular in years to come, Batman or Superman? We think most people would say the former. The character's recognition factor thanks to his success in other media makes this copy an item with exceptionally broad appeal.
This clean, beautiful copy really delivers when it comes to eye appeal. As far as this issue is concerned, most seasoned Golden Age collectors would be prepared to accept any number of flaws, but they will find only inconsequential ones, and none that mar the very strong impression you get the moment you lay eyes on the book. Issue #27's solid yellow background is ordinarily very prone to smudging, yet this copy somehow avoided it. The red block with the Detective Comics logo also discolors easily, and is almost never seen as the solid block you see here without a color break marring it somehow! Also, note the absence of spine splits, creasing, and most other things that are known to mar comic books of this vintage. We can only encourage the prospective bidder to examine the scans of other unrestored Detective #27 copies in our online auction archives to fully appreciate how unusual this copy is.
Detective Comics was what gave the company now known as DC its name, and was innovative as a single-theme comic in a day when a variety of features was the norm. But up to this point in the series' run this anthology title was fairly unremarkable except for some striking covers. Of course, those early issues are fervently sought after today, but the interiors were populated by the fairly standard likes of Slam Bradley and Speed Saunders, nothing a kid would go out of his way to ask a newsdealer for.
When this issue was released with a May 1939 cover date, Superman was the only other superhero on the stands, save for the now-obscure likes of the Arrow and the Crimson Avenger. So it's no wonder that the striking cover by artist Bob Kane made a strong impact. It has taken its place as one of the most famous covers in the history of comics. Kane and writer Bill Finger (generally credited these days as a co-creator of the character) produced a hero to rival Superman without imitating the earlier character. As Jim Steranko noted, "Superman had given DC its strength, but Batman gave it tone. Of course, Superman was more impressive... but Batman was more fascinating."
"The Bat-Man" appeared in a six-page story that also introduced the character of Commissioner Gordon. The second-to-last panel revealed that this mysterious figure was in fact Bruce Wayne, introduced earlier in the story.
The character has been in continuous publication since 1939 (a distinction only Superman shares among comic-book characters), and thanks to his success in a variety of media, we dare say Michael Fleisher was correct when he dubbed the character "the world's foremost fictional detective after Sherlock Holmes."
The Pinnacle Hill Collection, from which this copy hails, is not an original-owner collection, but was assembled in the 1960s and 1970s by a discriminating collector who purchased from the major dealers of the day.
Since a Detective #27 in any grade is the crown jewel of any comic collection, nobody ever seems to want to part with one, and when one is on the market it tends to be a restored copy. This is easily the highest-graded unrestored copy Heritage has auctioned, the next highest being VG 4.0!
While of course not every existing comic has been CGC-certified, many of the notable pedigree comic collections of high-grade Golden Age have lacked this key issue. It was notably absent among the Lamont Larson collection and the Davis Crippen "D" Copies, two of the few pedigree collections which began early enough to encompass this book's May 1939 cover date. That early date is a major obstacle. For example, the two best original-owner Golden Age collections Heritage has brought to auction (other than the aforementioned Crippen copies) are the Harold Curtis and Ralph Chicorel collections. These two outstanding Golden Age hoards, put together by boys who avidly collected Batman, did not begin until 1940 and late 1939 respectively. As a comparison, take Marvel Comics #1, cover-dated just five months later - Heritage alone has sold four copies of that book from CGC-recognized pedigrees, and a couple of other attractive copies from other sources. Since so few nice Detective #27s have surfaced to date, it is fair to assume that few others will follow.
It's worth noting that the other copy to receive the 8.0 certification had "off-white" pages (one notch lower on the scale than the copy offered here). That copy sold for $278,189 on 10/26/2001 in an auction held by Mastronet Inc. Given that result and the jump in price that top Golden Age keys have made since then (consider the FR/GD 1.5 Detective #27 that Heritage auctioned for $83,650), the stated Overstreet VF value noted below seems conservative indeed.
Overstreet 2009 VF 8.0 value = $240,000. CGC census 12/09: 2 in 8.0, none higher. From the Pinnacle Hill Collection.
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Service and Handling Description: Comics - Slabbed (certified) (view shipping information)
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