Spider-Man: Hobgoblin Lives ##2
Marvel Comics • Spider-Man: Hobgoblin Lives

Writer
Roger Stern
Interior Artist
Ron Frenz
Cover Artist
Ron Frenz and George Perez
Publication Date
February 1997
Cover Variant
Regular
Printing
First Printing
Comic Description
In this second part of the three-issue limited series, the true identity of the Hobgoblin is further investigated. Roderick Kingsley, Jason Macendale, and Ned Leeds feature prominently as Spider-Man attempts to solve the mystery and exonerate Leeds.
Condition & Value
Condition Grade
Near Mint (CGC 9.4)
Condition Details
Generally very high grade. Minor spine stress visible under close inspection. Colors are vibrant with sharp corners and no significant creasing or surface wear. Edges appear clean with no noticeable chipping.
Estimated Market Value
Raw: $5 - $15 | Graded (9.8): $60 - $85
Recent Sales
Recent raw sales for this issue typically fluctuate between $3 and $12 depending on condition. Graded 9.8 copies have sold in the $75 range within the last year.
Grading Recommendation
Generally not recommended for professional grading unless a flawless 9.8 is expected and for personal collection preference, as the cost of grading and shipping may exceed the market value of the book.
Notable Features
Significant limited series that clarified the convoluted Hobgoblin mystery from the 1980s. Written by Roger Stern, who originally co-created the character.
Authentication Notes
Authentic 1990s Marvel stock (glossy cover, newsprint/modern hybrid interiors). Correct barcode area graphic and period-accurate legal indicia expected inside.