Batman Comic Sells For $850k

A collector has sold a Batman No. 1 comic to an investment partnership for $850,000. Dallas-based Heritage Auctions, which arranged the private transaction, announced the sale. Ed Jaster, vice president of Heritage, says the collector had paid $315,000 for the comic about two years ago. The comic book cost 10 cents when it was published in 1940. Jaster says, ‘The market for high-quality, classic comic books has really skyrocketed over the past few years.’ The identities of the seller and investors were not revealed.” w/ photos

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