The Spectacular Spider-Man #Annual #11
Marvel Comics • The Spectacular Spider-Man Vol. 1

Writer
David Michelinie
Interior Artist
Guang Yap
Cover Artist
Erik Larsen and Terry Austin
Publication Date
1991
Cover Variant
Regular / Newsstand Edition
Printing
First Printing
Comic Description
Part 2 of 'The Vibranium Vendetta' crossover. Spider-Man, Black Panther, and Iron Man team up to face Ultron, Kingpin, and Ghost. The story involves the Roxxon Corporation and a plot involving synthetic vibranium.
Condition & Value
Condition Grade
Near Mint- (CGC 9.2)
Condition Details
The book presents with high eye appeal. Minor color-breaking spine stress is visible on the left edge. The corners show slight blunting, particularly the upper left corner. Surface gloss is high, and the barcoded newsstand area is clean. There is a slight vertical ripple on the right edge likely due to storage or a minor production bindery issue.
Estimated Market Value
Raw: $10 - $20; Graded (CGC 9.8): $100 - $130; Graded (CGC 9.2): $35 - $45
Recent Sales
Raw newsstand copies in high grade recently sold for $15-$18 in June/July 2024. CGC 9.8 copies of the 1991 Annual trilogy peaks around $125.
Grading Recommendation
Not recommended for professional grading unless the collector believes it is a guaranteed 9.8. This is a common copper-age book; the cost of grading ($35+) likely exceeds the market value of the book in its current raw state (approx. 9.2).
Notable Features
Newsstand edition barcode (highly desirable to some modern collectors over direct market). Part of a 3-part annual crossover featuring The Amazing Spider-Man Annual #25 and Web of Spider-Man Annual #7. Iconic Erik Larsen cover art.
Authentication Notes
The item appears authentic. The paper aging (off-white) is consistent with Marvel's 1991 standard non-glossy newsprint interiors. The price point ($2.00) and barcoded UPC are consistent with retail distribution of the era.