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Shadow of the Batman#4
Cover: Marshall Rogers

Shadow of the Batman #4

Mar 1986 · DC · 1.75 USD; 2.50 CAD
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In "The Laughing Fish!", Hugo Strange turns the tables on Rupert Thorne with a scheme that blurs the line between madness and justice, while Silver St. Cloud faces a pivotal choice about her path forward. Batman, ever vigilant, confronts the Joker’s latest twisted game, uncovering a threat that’s as chilling as it is bizarre. Written by Steve Englehart and brought to life with moody precision by Marshall Rogers—whose art defines the era—this 1986 classic stands out for its psychological depth and haunting visuals, with Terry Austin’s inks and Rogers’ coloring adding layers of tension. The cover, also by Rogers, captures the issue’s eerie tone in a single, unforgettable image.

Contains 3 stories
The Laughing Fish!
17 pp · Superhero
Batman [Bruce Wayne]Silver St. CloudJokerG. Carl FrancisRupert ThorneCommissioner Jim Gordon

In "The Laughing Fish!" from *Shadow of the Batman* #4 (1986), the Joker unleashes his most bizarre scheme yet—transforming fish across Gotham into grotesque replicas of his own grinning face, then declaring himself the rightful owner of his image. With his usual flair for chaos, he threatens anyone who dares challenge his absurd claim, turning the city’s waters into a sea of his twisted signature.

Sign of the Joker!
17 pp · Superhero
Batman [Bruce Wayne]Commissioner Jim GordonThomas JacksonJokerHugo Strange (as ghost)Rupert ThorneSilver St. Cloud

In "Sign of the Joker!", Hugo Strange turns the tables on Rupert Thorne, Silver St. Cloud faces a pivotal choice about her path forward, and Batman races to stop the Joker’s latest twisted plan—all unfolding in the shadowed streets of Gotham.

Viewpoints
6 pp · Science Fiction

ComicBooks.com Value

Our Model is In Beta
Raw (VF) $5
CGC 9.8 · 3 in census $162*
CGC 9.6 · 3 in census $75*
CGC 9.4 · 2 in census $52*
CGC 9.2 · 1 in census $47*
CGC 9.0 none in existence
CGC 8.5 · 2 in census $41
* estimate — limited direct-sales data at this grade
Our model’s value — refined as new sales data arrives · CGC census counts shown where available

This exact issue on

Raw — NM $53.39 1 listing Raw — VF $8 1 listing
Raw / ungraded $5–$8.49 3 listings
Verified matches for Shadow of the Batman #4 · eBay asking prices, seen 15 days ago

More listings for this title

NM $9.99 Signed $79
Related listings we couldn't confirm as this exact issue · 2 total · seen 15 days ago

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Full credits

artist, colorist Marshall Rogers
cover pencils, inks Marshall Rogers

Reprints

↩ Reprints Detective Comics #475 (1978), Detective Comics #476 (1978), Mystery in Space #111 (1980)

Reprinted in Batman: Strange Apparitions #[nn] (2000), Tales of the Batman: Steve Englehart #[nn] (2020), La Sombra de Batman #1 (2024)

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