Batman No. 1 sells for $2.22 million

At a basic level, I get the cultural significance of this comic issue, and the general appeal of comic collecting.

But man, when you’re talking about that much cash… $2 million is a staggering amount of money to pay for 30 pages of the cheapest pulp paper 1940 had to offer. What does it mean to own a two million dollar comic book? What value do you extract from owning it? Is it merely a totem to demonstrate one’s fandom? Even if you wanted to display it as a centerpiece of some sort of pop-culture museum, surely you’d be better off finding a more cost-effective copy?

Most luxury goods in that price range are hand-crafted masterpieces. $2 million for an original Picasso, a stradivarius, a home, or a lamborghini – that’s one thing. But for a ten inch, ten cent mass-produced printing, one that could be reproduced in better quality at the local Kinko’s…

You can’t help but conclude that money must be worthless to the sort of people bidding this much on this thing. Talk about “disposable income”.

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