grailworth
Cover of Batman (1940) #232

Batman (1940) #232

DC 1940–2011 series Vol. 1 Cover date Jun 1971

Key issue1st Ra's al Ghul

Fair market value
EditionStandard / direct
Population Report ↗

GradeCGC slabRaw
9.8 NM/M$6,329
$4,747–$7,912
$1,301
$830–$1,809
9.6 NM+$2,276
$1,935–$2,803
$622
$396–$864
9.4 NM$1,588
$1,350–$1,933
$595
$380–$827
9.2 NM-$1,174
$998–$1,350
$567
$362–$789
9.0 VF/NM$1,080
$772–$1,242
$553
$353–$769
8.5 VF+$767
$652–$882
$498
$318–$692
8.0 VF$706
$600–$812
$466
$297–$647
7.0 FN/VF$560
$476–$644
$413
$263–$574
6.0 FN$469
$391–$539
$349
$223–$485
5.0 VG/FN$388
$324–$447
$305
$194–$423
4.0 VG$310
$264–$357
$279
$222–$338
2.0 GD$256
$218–$296
$204
$130–$284
Raw, ungraded—$306
$201–$357
Value history

grailworth's fair market value: what a copy at each grade is worth today, from this issue's market and how value moves with grade across every comic we track. Bold: our firmest values. *Rough: a looser estimate. +$: worth grading, a raw copy at that grade gains this much slabbed by CGC, after the fee and shipping. Pick a grade for its value history and the most to pay for a raw copy you'd send to CGC.

About this issue

Batman #232 (1940) is issue #232 of DC's Batman (1940–2011), with a cover date of June 1971. It's a key issue: 1st Ra's al Ghul. grailworth values it from 175 recorded sales, most recently on Oct 31, 2026, and from how comics like it move in value from grade to grade.

Key issues in Batman (1940)