Overview
Batman action figures have been produced since the 1940s. These action figures, inspired by the character's appearance in comics and serials, were created by DC Comics and manufactured by various toy companies. These figures were made of various materials such as wood, tin, and plastic. They were typically between 6 and 8 inches in height and featured movable joints that allowed them to be posed in various positions.
Early Years
The first Batman action figures were lead figurines of Batman and Robin. These were then given away as carnival prizes at local fairs during the 1940s.
Marx
The Marx Toy Company produced the first ever pose-able Batman action figure in the mid-1960s. It was about 4" tall (10 cm) and came with a multitude of accessories including cuffs, batarangs, and a fire extinguisher. Very few remain in existence, and they have been described as the "holy grail" for vintage Batman toy collectors.
From Wikipedia (CC BY-SA 4.0).