Spider-Man: Hobgoblin Lives ##3
Marvel Comics • Spider-Man: Hobgoblin Lives (Limited Series)

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).