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DC · Batman: Shadow of the Bat · #16 · Modern Age · ID-2429948
Stored prices by grade and source, exactly as recorded. A source with no price for a grade shows a dash.
Your cost basis next to the stored PriceCharting price for the grade you hold
Track your holding in your portfolio. Record your grade (0.5–10.0 or Raw), grading authority (CGC, CBCS, PSA, or Raw), acquisition cost basis, and purchase date to activate real-time equity valuation, unrealized ROI, and capital gains tracking.
Dated PriceCharting snapshots and recorded sales. Nothing is drawn where no dated price exists.
AI-scored · tracking Batman: Shadow of the Bat · refreshes every 2 min
RSI needs 15 dated prices; 1 on file for 9.8.
BB20 is waiting for 20 dated prices for 9.8; no shorter window is substituted.
Market-wide signal (top 4) · Issue-specific signal (bottom 2 · tagged ISSUE)
Batman: Shadow of the Bat #16 demonstrates disciplined liquidity depth and stable sovereign grade spread characteristics across current secondary market trading.
News linked to this book, the Grand Comics Database record, variants and the source of each figure.
Alan Grant
Bret Blevins
Mike Manley
Adrienne Roy
typeset
Dennis O'Neil
| Grade | Panel Profits |
|---|---|
| 10.0 | $88.00 |
| 9.8 | $67.50 |
| 9.6 | $9.95 |
| 9.4 | $22.00 |
| 9.2 | $34.00 |
| 8.0 | $14.70 |
| 6.0 | $8.90 |
| 4.0 | $3.14 |
| 3.0 | $3.00 |
| 2.0 | $2.00 |
| Raw | $2.58 |
Single-source econometric valuation across 1 verified monthly observation epochs (0Y runway)
Hedonic age factor + census scarcity weighting.
80% Interval: Unmeasured (Insufficient Volatility Sample)
Wholesale realization (45% haircut · ILLIQUID_SPECIALTY)
| Grade | Dealer buy | Retail sell | Gap |
|---|---|---|---|
| 6.0 | $2.00 | $9.79 | 79.6% |
Multi-tier analytical consensus distinguishing public truth, firm posture, desk urgency, and personal exposure
Speculative micro-allocation with high-beta risk/reward characteristics.
Home of Superman, Batman, Wonder Woman, and the Justice League.
Variant cover era. Trade paperback culture. Independent movement flourishes. Digital distribution begins.
Census-registered copies anchor pricing. First appearances of characters adapted to screen drive the market.
No narrative synopsis recorded in GCD for this sequence.
The recovery of third-party encapsulation and grading expenditures when an asset is acquired at a discount below the physical cost of replacement grading fees, shipping, and insurance.
Some students at Gotham University discover a poster offering $50 to participate in a psychological experiment. Two bullies force a young man named Herold who has a stutter into participating as well. In the room that the experiment is to take place, the students are excited to see that it involves some kind of virtual reality helmets. Meanwhile, Jonathan Crane has set up the experiment as part of a plan to take revenge on Gotham City. At Wayne Manor, Tim Drake is surprised to discover Jean-Paul Valley wearing the Batsuit on the balcony. He warns that Bruce Wayne has a rule against wearing costumes in the manor outside of the Batcave. Jean-Paul is unconcerned, and deliberately flouts Bruce's rules, stating that he will take up the Batman's mission in his own way. He storms off into the cave, adding that Robin's services will not be required. Tim worries that his dream life as partner to his hero is going down the toilet. Dr. Crane - under the pseudonym of Professor Rance - begins the experiment, but Herold recognizes him as the Scarecrow, and the man who killed his father. Annoyed, but not put off, Crane sprays Herold and the supervising teacher Ms. Stopes with knockout gas, and forces everyone into their virtual reality helmets. Herold has a series of nightmares culminating in watching the Scarecrow shoot his father right before his eyes. Meanwhile, Lonnie Machin has escaped a juvenile detention centre, and enacts his plan to bring down the elites of the world by taking them on as Anarky. He becomes disgusted with the number of criminals loose on Gotham's streets following the breakout at Arkham Asylum. He fires up a flare to attract the attention of the Batman, and then observes as he systematically beats a group of thugs up. With his hypnosis experiment complete, Scarecrow ensures his control over the students by forcing them to stand, sit, bark like dogs, and finally to have one of the students kill another in cold blood. Satisfied that he has their obedience, he orders them to get their costumes out of his van. As he watches Batman take out the crooks, Anarky comes to the conclusion that the evil of Gotham City is Batman's fault, having set himself up as a vigilante. His implied challenge to villains to take the city away from him leads criminals like Joker, Two-Face and Mister Zsasz to threaten Gotham. Having decided this, Anarky vows to bring Batman down. Scarecrow has each of the hypnotized students dress in similar scarecrow costumes to his own, and reveals that he intends to become a living god of fear, with their help. Before leaving, he instructs Ms. Stopes to release fear gas into the vents of the university at precisely ten o'clock.
Valuation parity across physical collectible manifestations for Batman: Shadow of the Bat #16.
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.
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 2429948. 1 dated nightly snapshot 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) | $2.58 | — | $3.00 | $3.14 | — | $8.90 | — | $14.70 | — | $34.00 | $9.95 | $67.50 | $88.00 |
Panel Profits(Bid (Buy Price)) | — | — | — | — | — | $2.00 | — | — | — | — | — | — | — |
Panel Profits(Ask (Sell Price)) | $2.99 | — | — | — | — | $9.79 | — | — | — | — | — | — | — |
Panel Profits(Annual Volume) | — | — | — | — | — | — | — | — | — | — | — | 41 tracked sales | — |
Panel Profits(Realized Listings) | — | — | — | — | — | — | — | — | — | — | — | 41 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.
“I have it on good authority-- Ben Johnson's in fact-- that "Twas only fear first in the world made gods." So it is fitting the vacancy be filled-- and you, my raggedy minions, are going to help me fill it!”
— Scarecrow)
Meanwhile, Lonnie Machin) has escaped a juvenile detention centre, and enacts his plan to bring down the elites of the world by taking them on as Anarky. He becomes disgusted with the number of criminals loose on Gotham's streets following the breakout at Arkham Asylum. He fires up a flare to attract the attention of the Batman, and then observes as he systematically beats a group of thugs up.
With his hypnosis experiment complete, Scarecrow ensures his control over the students by forcing them to stand, sit, bark like dogs, and finally to have one of the students kill another in cold blood. Satisfied that he has their obedience, he orders them to get their costumes out of his van.
As he watches Batman take out the crooks, Anarky comes to the conclusion that the evil of Gotham City is Batman's fault, having set himself up as a vigilante. His implied challenge to villains to take the city away from him leads criminals like Joker), Two-Face) and Mister Zsasz) to threaten Gotham. Having decided this, Anarky vows to bring Batman down.
Scarecrow has each of the hypnotized students dress in similar scarecrow costumes to his own, and reveals that he intends to become a living god of fear, with their help. Before leaving, he instructs Ms. Stopes to release fear gas into the vents of the university at precisely ten o'clock.