This month’s Overvalued pick follows the same model as some of the earlier picks that I have made in this column. That the book is getting more love than it deserved. By that I mean they are books that I think don’t bring enough to the table for the value received. Iron Man #1, Silver Surfer #1, and Amazing Spider-Man #41 are examples. Overstreet, the market, and some (many) of you don’t agree with me either, but that’s OK 😊.

Batman #227 is a real puzzle for me. With the other books listed above I could point to a number of factors that could drive demand. Movies, a #1 issue, a character introduction, great covers, etc. In Batman #227 I honestly can’t see what has driven this relatively sudden surge in demand for this particular book outside of the cover, but why now? Before we get deeper let’s look at some Overstreet prices.

47th Overstreet Values for a few closely related books to Batman #227. I have also added the Overstreet 38th edition (10 years ago) * 9.2 price for these books for a little context. These prices were a real eye-opener for me. Detective #31 is also listed: warning, keep oxygen handy when viewing these prices.

8.0 9.0 9.2 *9.2
Batman #227 $259 $580 $900 $85
Batman #232, 1st Ra’s Al Ghul $230 $515 $800 $250
Batman #234 1st Bronze Age Two-Face $147 $324 $500 $260
Batman #237 1st Rutland Vt. $100 $220 $340 $175
Batman #251 Return Mad Joker $259 $580 $900 $120
Detective #31 $140,000 $205,000 $270,000 $70,000

 

It is pretty clear that Batman #227 has risen quickly over the past ten years in comparison to its counterparts in the highly collectible Neal Adams bronze age run in Batman. Ten years ago, Batman #227 was a just a bit better than a run book. It’s value the same as the Giant-Sized reprints in the run, and a little less than the popular. DC 100’s later in the run.

The book itself features a stunning Neal Adams swipe/re-creation of an enormously popular early cover on Detective #31 by Bob Kane. It has a pair of good stories from writer Dennis O’Neill and the interior artwork from Irv Novick. Very good but nothing what I would call special on the inside.

In terms of the book itself this only leaves the Neal Adams cover. Is that it? Maybe this is an example of the ever-growing slab collecting world we live in. A super-cool cover and away you go. Even if its just a re-creation. I know I have thought about buying this book myself when my slow-moving brain and slower opening wallet woke me up to the fact I was never going to be able to buy a Detective #31 without a lottery win. I settled for a hardcover Overstreet #31 that features Detective #31 on its cover to partially quench my thirst for Batman #227. The over-heated prices for the book have finished the job.

In my mind Batman #227 shouldn’t even be mentioned in the same breath as Batman #232 or #251, let alone the same value. Both of those books kill Batman #227 for interior content and feature excellent Neal Adams original artwork. Issue #251 features a Neal Adams cover, interior pencils and inks, and for me is the high watermark in his run.

I am very interested to hear what anyone has to say on this book. What else is driving this? I have learned one thing about these type of books, and how I feel about perceived value, and what they deserve. Deserves have got nothing to do with it.