This is one of the most memorable Penguin covers in the long run of the title. Cover artists Jim Mooney and Ray Burnley showed Oswald Cobblepot dressed to the nines as a Swashbuckler. He is using one of his trademark umbrellas to fend off the Caped Crusader who appears to be trying to board the Penguin’s very own Pirate Ship. Over in the right hand corner, Robin can be seen swinging in from outside the panel to take out one of the Penguin’s henchmen. It is a wonderful image that is simultaneously entertaining and thrilling. By placing 90% of the action below the horizon line, the cover artist created a feeling that the action is really taking place out on the wide open sea. This issue features the writing of Bill Finger. The pages are off-white to white. The book is CGC-certified VF 8.0. According to the CGC census, this copy is tied as the third highest graded copy.