Golden Age Comic Book Collection Uncovered in Closet Sells For $3.5 Million

This is the type of story that I have dreamed about for years. Imagine stumbling upon a collection of 345 Golden Age comic books that had been locked away in a basement for years.

The bulk of a man’s childhood comic book collection that included many of the most prized issues ever published sold at auction Wednesday for about $3.5 million.

According to The Associated Press, 31-year-old Michael Rorrer found the neatly stacked comics in a closet last February while he was cleaning out his great aunt’s home following her death. It turns out that his great uncle Billy Wright, who died in 1994 at age 66, had (unknown to most of the family) held onto his boyhood comics dating back to 1938.

A copy of Detective Comics No. 27, which sold for 10 cents in 1939 and features the debut of Batman, got the top bid at the New York City auction Wednesday. It sold for about $523,000, including a buyer’s premium, said Lon Allen, managing director of comics for Heritage Auctions, the Dallas-based auction house overseeing the sale.

“This really has its place in the history of great comic book collections,” said Allen, who added that the auction was high energy, with “a bunch of applause at a couple of the top lots.”

Action Comics No. 1, a 1938 issue featuring the first appearance of Superman, sold for about $299,000; Batman No. 1, from 1940, sold for about $275,000; and Captain America No. 2, a 1941 issue with a frightened Adolf Hitler on the cover, brought in about $114,000, Allen said.

Published by Larry Fire

I write an eclectic pop culture blog called THE FIRE WIRE that features articles about books, comics, music, movies, television, gadgets, posters, toys & more!

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