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Batman
Issue cover. Verify the exact issue, printing, and cover before buying.

DC · Bronze Age · 1971

Batman #232

DC · 1971

Noted for: Ra's al Ghul

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What is Batman #232 worth?

The Batman #232 is a DC 1971 graded comic. Based on 6 verified eBay sold listings in the stored historical sample, graded examples sold for $301 to $1,000. CGC 8.5 examples are the most actively traded grade in this sample, with a recorded median around $845.

Before you buy

Verify the issue and printing, check the grader certification, review restoration notes, and compare recorded sales and current asking prices in the same grade.

The Batman #232 in context

Why collectors care

The first appearance of Ra's al Ghul in "Daughter of the Demon," cover-dated June 1971, by Denny O'Neil, Neal Adams, and editor Julius Schwartz. Ra's became Batman's most conceptually ambitious antagonist, and the Neal Adams cover is one of the most admired of the Bronze Age.

How to identify it

Batman #232, June 1971. Confirm the original 1971 printing: this issue has been reprinted and issued as a facsimile edition with a faithfully reproduced cover.

Common mistakes

Facsimile editions being sold as originals is the primary trap here. Check the indicia and the paper stock, and prefer certified copies at higher grades.

Grade considerations

The dark, atmospheric Adams cover shows spine ticks and corner wear immediately. High-grade copies are scarce and carry a steep premium.

Last recorded sales

6 recorded eBay sales, grouped by grade. Historical prices, not current asking prices.

Source
eBay sold listings
Sample
6 sales
Record
Historical sale sample
Newest recorded sale
Sep 19, 2026
How we compile comps →
GradeSalesMedianRange
CGC 8.01$1,000N/A
CGC 91$1,000N/A
CGC 8.52$845$839 to $850
CGC 7.51$530N/A
CGC 3.01$301N/A
Last recorded sales · how this summary is built+

Newest recorded sale: 2026-09-19. This summary describes stored history.

Inclusion

All 6 recorded eBay sold (completed) listings in this historical sample, grouped by grader and grade. Asking prices and active listings are never counted.

Outlier handling

Within any grade that has four or more sales, a price below one-third of, or above three times, the within-grade median is set aside before the median is taken. No sales were set aside for this item.

GradeSalesIncludedSet aside
CGC 8.5220
CGC 8.0110
CGC 9110
CGC 3.0110
CGC 7.5110

Shipping and fees

Figures are the sale prices as recorded by the marketplace. They are not adjusted for shipping, taxes, or seller fees, so treat them as sale-price reference points, not net-to-seller or all-in buyer costs.

Provenance

Every sale in this summary traces to an individual eBay listing, shown in the sold-listings table lower on this page. Methodology version 2026.1. Read the full methodology.

Batman #232 value FAQ

What is Batman #232 worth?+

Based on 6 verified eBay sold listings in the stored historical sample, graded examples sold for $301 to $1,000.

What grade sells most often for Batman #232?+

CGC 8.5 is the most actively traded grade in the recorded sample, with 2 sales and a recent median around $845.

What is the highest median grade for Batman #232?+

CGC 8.0 has the highest median in the recorded sample at about $1,000. Treat this as a sold-comp snapshot, not a guaranteed sale price.

Is Batman #232 worth grading?+

For this comic, compare the likely raw value, grading fees, shipping, and the median for the grade you realistically expect. Grading usually makes sense only when the expected graded value clears those costs.

Condition

Listed now on eBay

Search current eBay listings

Last recorded sales

Historical graded comic sales on eBay. Newest recorded sale: 2026-09-19. These records do not reflect current asking prices.

DateGradePriceListing
2026-09-19CGC 8.0$1,000eBay ↗
2026-09-19CGC 9$1,000eBay ↗
2026-09-19CGC 3.0$301eBay ↗
2026-09-13CGC 8.5$850eBay ↗
2026-09-06CGC 7.5$530eBay ↗
2026-09-05CGC 8.5$839eBay ↗

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