Web of Spider-Man ##38
Marvel Comics • Web of Spider-Man Vol. 1

Writer
Fabian Nicieza
Interior Artist
Alex Saviuk
Cover Artist
Alex Saviuk
Publication Date
May 1988
Cover Variant
Newsstand Edition (UPC barcode present)
Printing
First Printing
Comic Description
Spider-Man encounters the Hobgoblin (Jason Macendale). Peter Parker is dealing with the fallout of his recent marriage to Mary Jane While a new Hobgoblin attempts to make a name for himself.
Condition & Value
Condition Grade
Very Fine- (CGC 7.5)
Condition Details
Visible spine stress marks/ticks along the left edge, several of which break color. Minor blunting on the bottom left corner. Slight edge wear on the right side. Cover retains good gloss and color vibrancy.
Estimated Market Value
Raw: $5 - $15 | Graded (9.8): $70 - $110. (Note: Current condition estimated at 7.5 (~$20 graded value) makes it a low-priority grading candidate).
Recent Sales
Recent raw copies in similar mid-to-high grade condition have sold for $8-$12 on eBay. 9.8 graded copies generally oscillate around the $100 mark.
Grading Recommendation
Not recommended for professional grading unless for personal sentimental value. The cost of grading (approx. $30-$50) exceeds the market value of the book in its current estimated grade (7.5-8.0).
Notable Features
Newsstand edition with barcode. Features the 'Return of the Hobgoblin' cover art. This issue features the Jason Macendale version of Hobgoblin.
Authentication Notes
The item appears authentic based on the newsstand barcode (071486022627), the correct price variant ($1.00 US) for the 1988 era, and typical paper aging for the Copper Age.