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DETECTIVE COMICS (1937-2011; 2016-) #27
CGC FN+: 6.5
(Stock Image)
SOLD ON:  Wednesday, 04/18/2012 2:21 PM
$402,009
Sold For
28
Bids
This auction has ended.
PUBLISHER: DC
COMMENTS: off white pgs (please read bidding requirements in listing description)
1st app Batman by Bob Kane; one of the top three most important comics ever published! Comic Book Impact rating of 10 (CBI)
Atlantic City Copy
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DESCRIPTION
off white pgs (please read bidding requirements in listing description)
1st app Batman by Bob Kane; one of the top three most important comics ever published! Comic Book Impact rating of 10 (CBI)
Atlantic City Copy


Detective Comics #27 hit the newsstands in March 1939 with the first appearance of Batman—just 11 months after the debut of Superman in Action Comics #1. Both issues would become major works of pop culture, and still continually set new records at auction.

Investors will immediately recognize the outstanding opportunity that this book presents. A total of 77 copies of Detective #27 are listed in the CGC census; there are only 8 unrestored copies graded higher than 6.5. This stunning edition displays with an unusual beauty, as well, with the colors of the classic cover remaining remarkably sharp.

The book’s contents are just as notable. “The Case of the Chemical Syndicate” introduces readers to the Dark Knight and wealthy playboy Bruce Wayne, as co-creators Bob Kane and Bill Finger also establish the crimefighter’s relationship with Commissioner Jim Gordon. The story is notable as a time capsule of Batman’s debt to pulp heroes, with Bruce Wayne’s alter-ego happy to throw thugs from rooftops or grimly approve of a murderer’s demise in an acid bath. The whimsical socialite is also revealed as our hero in the final panels, continuing a tradition going back to Zorro and the Scarlet Pimpernel.

Of course, debut appearances and first issues carry their own impact as investments. Last year saw a copy of Superman #1 7.0 sell at auction for $1.62 million, and Detective Comics #27 and Batman #1 have over a decade of consistent record-breaking sales. With (at least) ten Batman-related film and television projects in production at the start of 2024, copies of Detective Comics #27 are set to maintain their value as a comic collectible and artifact of American history.
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The Secret History of Batman and Bob Kane
(As told to Stephen Fishler by Bob Kane)

______________________________________________

DC needed a follow-up to Superman, and young Bob Kane was handed the demanding task.

Bob Kane, working with Bill Finger, had his first Batman story published in
Detective Comics #27. The rest is history.

But there is more.

The year is 1940. Batman, for lack of a better phrase, is rocking and rolling.

Young Bob laments to his uncle one night about how well Batman is doing and how little he was getting paid. The uncle, a seasoned veteran in the publishing business, is what we will call the fixer.

A plan in concocted. But will it work?

The next day, Bob Kane and his uncle head to the DC offices. What is set in place is a confrontation between Bob Kane & family and Jack Liebowitz—who basically owns DC.

Lots of niceties. Batman is doing great. Sales are through the roof. Everyone is happy. Or so it would appear.

Then Kane's uncle sends the shot heard round the world. Comic-wise.

The uncle says:

"Did you know my nephew Bob is a minor?"

As a matter of law, a signed contract with a minor is not enforceable. Jack Leibowitz knows what this means. The 1939 agreement between DC and Kane over his work on Batman is null and void.

Panic sets in.

On the spot, DC agrees to a brand-new set of demands including a higher pay rate and full creator credit.

Compare the deal that Superman co-creators Jerry Siegel & Joe Shuster had with Liebowitz to Kane’s agreement. The difference is night and day.

Now, do you want to know the hidden story behind the hidden story?

Kane was not underage. It was a con, and DC bought it.

...and now you know the rest of the story.


The Atlantic City Collection made a huge splash last year, and this is a golden opportunity for those who missed out on the chance to own a book from what may be the last original owner Golden Age collection to hit the market. Stored lovingly by its owner for nearly 70 years after buying it off the newsstand, this copy boasts sparkling reds and commanding blacks, and is sure to entice and delight Batman collectors and Golden Age fans alike.



We realize many of you would like to bid on this auction lot, so for this listing, ComicConnect.com offers a 6 month, interest free, time payment plan with a 20% non-refundable deposit paid by check, money order or wire transfer.



If you are a new customer planning to make a first-time purchase over $25,000, please contact us at 212.895.3999 or support@comicconnect.com so that we may approve your account for bidding. (This policy was instituted to protect consignors and bidders against bids from fraudulent accounts, and to ensure the integrity of the bidding process).



Artist Information

Joseph Shuster was a Canadian-American comic book artist best known for co-creating the DC Comics character Superman, with writer Jerry Siegel, in Action Comics #1.


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