Batman #1 sells for $55,000

The Batman No. 1 comic from 1940 sold to an unidentified buyer who bid $55,269 by telephone, said Barry Sandoval, director of operations of the comics division for Dallas-based Heritage Auction Galleries.

The issue is believed to be one of fewer than 300 of that comic still in existence.

The one that sold was graded 5.5.

True rares are going up.

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