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DC · Batman · #232 · Bronze Age · ID-2315965
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typeset
Julius Schwartz
| Grade | Panel Profits |
|---|---|
| 10.0 | $11,650.00 |
| 9.8 | $8,961.36 |
| 9.6 | $3,172.00 |
| 9.4 | $1,620.59 |
| 9.2 | $1,098.00 |
| 9.0 | $1,088.66 |
| 8.0 | $808.36 |
| 7.0 | $585.05 |
| 6.0 | $522.97 |
| 5.0 | $360.76 |
| 4.0 | $350.00 |
| 3.0 | $246.54 |
| 2.0 | $197.00 |
| Raw | $240.63 |
Single-source econometric valuation across 65 verified monthly observation epochs (5.26Y runway)
Hedonic age factor + census scarcity weighting.
80% Interval: [$5,803.52 – $13,088.23]
Wholesale realization (45% haircut · ILLIQUID_SPECIALTY)
Relative-value gravitational equilibrium anchored to the foundational genesis instruments of sequential art.
| Grade | Dealer Buy (Bid) | Retail Sell (Ask) | Spread | Underwriting House |
|---|---|---|---|---|
| 6.0 | $345.00 | $575.00 | 40.0% | Khamsin Custodial |
| 4.0 | $192.50 | $385.00 | 50.0% | Khamsin Custodial |
| Raw | $132.50 | $265.00 | 50.0% | Arnveld Capital |
Multi-tier analytical consensus distinguishing public truth, firm posture, desk urgency, and personal exposure
This issue · Batman · grade history
10-period volatility
Last 30 readings
Market-wide signal (top 4) · Issue-specific signal (bottom 2 · tagged ISSUE)
Batman #232 demonstrates disciplined liquidity depth and stable sovereign grade spread characteristics across current secondary market trading.
Institutional-grade core holding providing high liquidity and stability.
Home of Superman, Batman, Wonder Woman, and the Justice League.
Comics grow darker and more socially aware. Wolverine, Punisher, Swamp Thing debut. Creator-driven storytelling emerges.
Newsstand variants carry meaningful scarcity premiums. First appearances from this era are blue-chip investments.
In illiquid alternative asset markets, sovereign blue-chip holdings trade at an exponential multiple over mid-grade float due to institutional accumulation and inelastic seller reservation prices.
As Robin returns home from a night of adventuring, he finds himself the target of two gunmen armed with tranquilizer darts. They shoot the Boy Wonder and take him prisoner. Hours later, Bruce Wayne receives a photograph of his kidnapped partner along with a challenge to find him. He returns to the Batcave to investigate further, but when he arrives he finds a man named Ra's al Ghul and his servant Ubu waiting for him. Ra's' contacts have deduced that Bruce Wayne and the Batman are one in the same, and he has called upon the world's greatest detective to help him find his daughter Talia, who has likewise been kidnapped. Suspecting that Talia's kidnapping and Robin's are related, Batman agrees to aid Ra's al Ghul. Their journey leads them first to Calcutta where they find clues linking the kidnappers to a cult known as the Brotherhood of the Demon. Batman interrogates a local thug about the Brotherhood's whereabouts and the man points them towards a building in the Alley of Widows. As Batman enters the building, a poised leopard leaps out and attacks him. Batman catches the animal's jaw with his elbow and is forced to snap its neck. With the danger past, Batman finds a map that points them towards the Himalayan Mountains. Ra's al Ghul finances a mountain-climbing expedition and the three begin scaling the frozen mountainsides. A sniper begins firing at them, and it appears that one of the bullets strikes Ra's. Ubu pulls him inside of a crevice, while Batman deftly evades repeat gunfire. Ascending the peak, he finds a temple belonging to the Brotherhood. He enters the temple where he finds Robin bound with rope under armed guard. Batman frees Robin, and the gunmen begin to advance on him. Turning around, Batman reveals that he is not fooled by this elaborate ruse. The masked "leader" of the Brotherhood approaches him, but Batman tears the mask off of him revealing the face of Ra's manservant Ubu. He knew all along that Ra's was the true perpetrator of this crime. Ubu and Batman fight, but Batman's speed and skill prove more than a match for him. Ra's finally enters the chamber along with his daughter Talia. He confesses to staging the entire episode to see if Batman could prove to be a worthy successor to Ra's role of leader of the Brotherhood. He also reveals that Talia is in love with Batman, and Ra's wants assurances that the Dark Knight would be a worthy son-in-law.
Valuation parity across physical collectible manifestations for Batman #232.
CGC, CBCS, PSA Universal certified high-grade specimens (9.8 / 9.6 / 9.4). The gold standard for institutional alternative investment.
Official witnessed creator-signed slabs (Yellow label). Valued based on creator historical stature and inscription provenance.
Certified specimens from landmark historical collections (Edgar Church / Mile High, White Mountain, Kansas City, Pacific Coast).
Original newsstand barcode distribution copies. Extremely scarce in high grade due to newsstand rack wear and unsold return pulping.
Regional price test market copies (Canadian 75¢/95¢ variants, Marvel 30¢/35¢ test variants). Highly coveted micro-population rarities.
Exclusively allocated copies requiring retailer orders of 1:25, 1:50, 1:100, or 1:500 standard copies. Immediate manufactured scarcity.
Unslabbed collector copies inspected under standard Overstreet physical guidelines. The primary pool for grading arbitrage.
Alternative artistic interpretations, virgin covers, metal foil, and convention exclusives with dedicated collector followings.
Standard specialty comic shop printings sold through non-returnable distribution. The baseline circulation foundation.
Green label copies with significant manufacturing flaws, unwitnessed signatures, or missing coupons that do not affect the main story.
Purple label copies with professional or amateur color touch, tear seals, piece fill, or spine rebuilds.
Blue/Grey label copies treated exclusively with archival preservation techniques (leaf-casting, rice paper tear reinforcement, solvent wash).
Official second, third, or later printings released to satisfy secondary market sellouts. Distinct cover art and trade dress.
International editions licensed by La Prensa (Mexico), Editora Abril (Brazil), Panini (Europe), or Titan (UK).
Certified printing oddities (missing foil, inverted interior, double covers, foil color error). Unique curiosity pieces.
Advance promotional black-and-white booklets, ashcans created to secure trademark rights, and preview giveaways.
Each cover variant, retailer incentive, and subsequent printing represents an independent atomic tradeable instrument with unique supply elasticity, barcode registration, and secondary market demand.
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Ra's Al Ghul looms large over a scene of Robin being shot before a horrified Batman can react.
Ra's Al Ghul discovers Batman's secret identity.
Inspect underlying sources, timestamps, and confidence factors for any market claim
All prices are current market price based on historic completed sales with a buyer and seller agreeing on price. Calculated via proprietary algorithm tracking end-of-month historical sales. Unsold items are excluded.
Stored PriceCharting 9.8 price for product 2315965. 65 dated nightly snapshots on file for this book.
Recorded price evidence by source and grade tier. Ungraded / RAW pricing represents loose physical copies; certified grading authorities record authenticated slabbed grades only. Unpriced grades remain unpriced.
| Authority Source / Metric | RAWUNGRADED | 1.8 | 3.0 | 4.0 | 5.0 | 6.0 | 7.0 | 8.0 | 9.0 | 9.2 | 9.6 | 9.8ANCHOR | 10.0 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Panel Profits(Exchange FMV) | $240.63 | — | $246.54 | $350.00 | $360.76 | $522.97 | $585.05 | $808.36 | $1,088.66 | $1,098.00 | $3,172.00 | $8,961.36 | $11,650.00 |
Panel Profits(Bid (Buy Price)) | $132.50 | — | — | $192.50 | — | $345.00 | — | — | — | — | — | — | — |
Panel Profits(Ask (Sell Price)) | $265.00 | — | — | $385.00 | — | $575.00 | — | — | — | — | — | — | — |
Panel Profits(Annual Volume) | — | — | — | — | — | — | — | — | — | — | — | 210 tracked sales | — |
Panel Profits(Realized Listings) | — | — | — | — | — | — | — | — | — | — | — | 210 sold | — |
Highest verified price observed. Non-9.8 books never receive a 9.8 price or synthetic valuation.
ComicBase catalog guide reference valuation. Evaluated independently from newsstand cover prices and certified slabs.
Historical cover price stamped on physical newsstand or direct copies at initial publication.
Panel Profits decodes auction transaction feeds into sovereign econometric market valuations and bid-ask spreads. CGC, CBCS, and PSA never carry RAW prices.