Web of Spider-Man ##38

Marvel ComicsWeb of Spider-Man Vol. 1

Web of Spider-Man

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.

Scanned on 3/17/2026