Batman: Shadow of the Bat ##3
DC Comics • Batman: Shadow of the Bat Vol. 1

Writer
Alan Grant
Interior Artist
Norm Breyfogle
Cover Artist
Norm Breyfogle
Publication Date
August 1992
Cover Variant
Direct Edition
Printing
First Printing
Comic Description
Part three of the four-part storyline 'The Last Arkham', featuring the introduction of Jeremiah Arkham's new security measures and the debut of Victor Zsasz. Batman deliberately gets himself locked up in Arkham Asylum to investigate the facility and its brutal new warden.
Condition & Value
Condition Grade
Near Mint- (CGC 9.2)
Condition Details
The comic appears to be in solid shape inside a bag and board with sharp corners, good color gloss, and minor spine stress ticks typical of a well-preserved modern age book.
Estimated Market Value
Raw value estimated between $3 and $10; Graded CGC 9.8 valued around $30 to $50.
Recent Sales
Recent online sales for raw copies of Shadow of the Bat #3 generally range from $2 to $8 depending on exact condition and shipping costs.
Grading Recommendation
Not generally recommended for professional grading unless part of a complete run or high-grade set of 'The Last Arkham' storyline, as the grading and shipping costs would exceed the raw market value.
Notable Features
Part three of 'The Last Arkham' storyline, featuring the iconic Norm Breyfogle chained Batman cover design and Direct Edition indicia.
Authentication Notes
Standard 1990s DC Comics direct edition production qualities observed, including accurate color separation, standard newsprint/glossy cover stock, and correct DC bullet logo.