Comic Book Collection Expected to Fetch $2 Million at Auction
A comic book collection, which includes classic issues like Action Comics No. 1, is expected to fetch more than $2 million when it hits the auction block next week.
The collection was recently inherited by Michael Rorrer. Rorrer’s great uncle Billy Wright acquired the collection but never told his family about it. After Wright’s death, Rorrer was tasked with cleaning out his great aunt’s basement. That’s when he found the pristine 345 comic book collection.
Even after the comic book collection was found Rorrer didn’t believe that they were worth any money. It wasn’t until Rorrer told a co-worker about some of the items in the collection that he truly realized how much the collection could be worth.
The Associated Press reports that the collection contains 44 comic books in The Overstreet Comic Book Price Guide’s list of the top 100 issues from the golden age of comics.
J.C. Vaughn, associate publisher of Overstreet, said:
“The scope of this collection is, from a historian’s perspective, dizzying,” said
The collection includes Action Comics No.1, where Superman makes his first appearance, Detective Comics No.27, which includes the first appearance of Batman, and Captain America No.2 which features Hitler on the cover. Those three comics alone are expected to bring in close to $1.8 million.
Lon Allen, the managing director of comics for Heritage Auctions, said:
“This is just one of those collections that all the guys in the business think don’t exist anymore.”
Rorrer’s collection of comic books will go on sale next week at Heritage Auctions.