Batman #423 $1.00 Variant Value
From: The 2022 CPV Price Guide for Canadian Price Variants (Type 1A) by Bill Alexander, Tim Bildhauser, Paul Clairmont, Jay Halstead, Jon McClure, Benjamin Nobel, Conan Saunders, Doug Sulipa, and Angelo Virone [ introduction, table of contents, all titles, other price guide editions]
|9.2||Near Mint -||$310
|9.0||Very Fine / Near Mint||$208
|Batman #423 $1.00 Cover Price Variant, DC, 9/1988, Published in the USA
Batman #423 $1.00 Canadian Price Variant Issue Notes:
Todd McFarlane cover
#9 in this year's Top 100.
Angelo notes: An 8.5 CGC sold in April 2021 for $333. A 9.6 CGC sold for $600 in 2020 and a 9.4 CGC sold the same year for $349. A raw VF+ sold for $229 in 2019. A 9.6 CGC sold for $640 in November 2019. This being a McFarlane cover and the last CPV issue in the title makes it particularly desirable.
Ben notes: Classic cover contender. A CGC 8.5 variant sold for $333 in April of 2021
Doug notes: LAST Canadian Price Variant in Title; Classic Todd McFARLANE Cover Art; Jim STARLIN story;
CGC label note: $1.00 cover price.
This page: Batman #423 value
($1.00 Price Variant)
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As one of the top 100 most valuable variants in our guide this year, we rate $1.00 price variant copies of Batman #423 FIVE STARS as a collectible, and the hands-down preferable type to collect for the issue as compared to regular copies. In addition to everything the issue has going for it (as detailed in the issue notes in the page above), we note the price guide value movement since 2018. Regular copies in 9.2 have increased in value by $15 since 2018, or about +50% on a percentage basis. Meanwhile, CPV newsstand copies in 9.2 have outperformed notably, increasing in value by $250 since 2018, or about +417%. With a $1.00 variant NM- value of $310, Batman #423 is part of the proverbial cream of the CPV crop, with a value greater than approximately 98% of our guide's entire coverage universe.
Batman #423 Comic Book FAQ
What is the value of Batman #423?
I have a copy of Batman #423 and I want to know what this comic book is worth in different grades as a first printing?
The answer depends on the type that you own. For Batman #423, DC published a direct edition type (exceptionally well preserved by collectors as direct edition comics were the type sold in comic shops), and two newsstand types which were sold to the general public on newsstands (a regular cover price version and the $1.00 price variant). If you own a price variant, lucky you, it is worth $310 in 9.2 (Near Mint Minus).
Check whether the cover of your copy of Batman #423 has a graphical logo or a bar code box. If it has a graphical logo, sorry to break it to you but you own a commonplace direct edition copy which is worth about $45 (still, that's not too shabby).
If your copy of Batman #423 has a bar code box on the cover, then you've got a newsstand copy! Is it the more-rare price variant? Now for the moment of excitement: is the cover price of your newsstand copy $1.00? If so, congratulations, you own the cover price variant!!
How rare is the Batman #423 $1.00 cover price variant?
As of the September 2021 CGC census, the price variant has census rarity of 1.4%, with 26 price variant copies on record versus 1857 regular copies.
What is Batman #423 worth in VF/NM condition?
The direct edition (logo on cover) is worth about $34 in VF/NM whereas the $1.00 newsstand variants are worth $208.
Why are the Batman #423 newsstand cover price variants worth so much more than the direct edition copies?
As collectibles, direct edition copies are already at a disadvantage compared to newsstand copies in the highest grades, because direct editions were extraordinarily well preserved as the distinct type sold in specialty comic shops. The comic shop owners ordered direct edition copies of Batman #423 at a discount to cover price, but on a non-returnable basis (the graphical logo was to tell non-returnable copies apart from their returnable newsstand counterparts). When their orders arrived, the comic shop staff handled the books with extreme care to preserve their condition, and then the comic book collectors who shopped there typically preserved their purchases in plastic bags with backing boards. By contrast, newsstand copies were treated as reading material with no staff training to handle the books with any semblance of care, and they were then sold to the general public; unsold copies were returned for credit and typically pulped/recycled forward. Only those newsstand copies of Batman #423 that were taken home and preserved by collectors would survive today in the highest grades. Among surviving newsstand copies of Batman #423, the market area that received the $1.00 cover price newsstand copies was a restricted area representing less than 10% the population of the total North American newsstand market. That's because the destination market for $1.00 copies of Batman #423 was Canadian newsstands — hence the name Canadian Price Variant as a short-hand for $1.00 Price Variant. All of this adds up to a market value for the $1.00 variant approximately 512% higher than the direct edition in Very Fine / Near Mint (9.0) condition, as of our 2022 CPV Price Guide Edition.
In VF condition, how much is Batman #423 worth?
The direct edition version of Batman #423 is worth about $27 in Very Fine (8.0) whereas the $1.00 newsstand variants are worth $166.
What is the value of Batman #423 in Fine condition?
In FN (6.0) shape, the direct edition version of Batman #423 is worth about $19 whereas the $1.00 newsstand variants are worth $116.
What is the approximate Batman #423 value in very good condition?
Down in VG (4.0) Very Good condition, the direct edition version of Batman #423 is worth about $13 whereas the $1.00 newsstand variants are worth $78.
What is the Batman #423 price guide value in good condition?
The price guide value way down in GD (2.0) Good condition for Batman #423 is about $6 for the direct edition version whereas the $1.00 newsstand variants are worth $39.
Has the Batman #423 $1.00 variant from DC been a good investment?
Batman #423 $1.00 variant newsstand copies in 9.2 have produced gains, increasing in value by $250 since 2018, or about +417% in 5 years (from our 2018 guide edition to our 2022 guide edition).
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