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When Michael Rorrer found 345 comic books neatly stacked in a basement closet as he cleaned out his great-aunt's Virginia home after her death, he thought they were cool but didn't think much about their value.
He later discovered that his late great-uncle Billy Wright had managed to assemble a remarkable comic book collection that included some of the most prized issues ever published, and kept them in good condition. And, on Wednesday, the bulk of Wright's collection sold for about $3.5 million.
Lon Allen, managing director of comics for Dallas-based Heritage Auctions, said Wright's 1939 copy of Detective Comics No. 27 that features the debut of Batman got the top bid at a New York City auction Wednesday. It sold for about $523,000, including a buyer's premium.
Action Comics No. 1, a 1938 issue featuring the first appearance of Superman, sold for about $299,000. And Batman No. 1 from 1940 sold for about $275,000.
"This is just one of those collections that all the guys in the business think don't exist anymore," Allen said.
Story: Superman comic draws highest price ever paid: $2.16M
The collection includes 44 of The Overstreet Comic Book Price Guide's list of top 100 issues from the Golden Age of comic books: the late 1930s to the late ’40s.
"The scope of this collection is, from a historian's perspective, dizzying," said J.C. Vaughn, associate publisher of Overstreet.
Read more: http://today.msnbc.msn.com/id/46479950/ns/today-books/#.T0WRe_W53hk
