Spider-Man: Hobgoblin Lives ##3

Marvel ComicsSpider-Man: Hobgoblin Lives (Limited Series)

Spider-Man: Hobgoblin Lives

Writer

Roger Stern

Interior Artist

Ron Frenz

Cover Artist

Ron Frenz

Publication Date

April 1997

Cover Variant

Regular

Printing

First Printing

Comic Description

Final issue of the limited series. The true identity of the original Hobgoblin is finally revealed to be Roderick Kingsley, correcting the controversial 80s reveal of Ned Leeds. Featuring Spider-Man, Mary Jane Watson, and Betty Brant.

Condition & Value

Condition Grade

Very Fine/Near Mint (CGC 9.0)

Condition Details

Minor spine stress ticks visible along the left edge, particularly between the title and the bottom staple. Slight blunting on the bottom left corner. Overall excellent color vibrancy and surface gloss.

Estimated Market Value

Raw: $5 - $15 | Graded (9.8): $60 - $80

Recent Sales

Raw copies typically sell for $5-10 plus shipping. Graded 9.8 copies have recently sold in the $75 range, though demand is moderate.

Grading Recommendation

Not recommended for professional grading. The cost of grading (approx. $30-50) often exceeds the current market value for raw copies of this issue. It is more valuable as part of a complete 3-issue set.

Notable Features

Significant key issue for Hobgoblin lore. It contains the definitive 'Origin' and identity reveal of the Hobgoblin, concluding a decade-long mystery in Spider-Man history.

Authentication Notes

Authentic Marvel publication from 1997. Features the standard 'Spider-Man' corner box indicative of late-90s Marvel Direct Edition releases (despite the absence of a visible barcode in this crop, it matches standard trade distribution).

Scanned on 6/10/2026
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