Spider-Man ##38
Marvel Comics • Spider-Man Vol. 1 (1990 Series)

Writer
J.M. DeMatteis
Interior Artist
Tom Lyle
Cover Artist
Tom Lyle
Publication Date
September 1993
Cover Variant
Regular/Direct Edition
Printing
First Printing
Comic Description
Part one of the 'Light the Night' storyline featuring the return of Electro. Peter Parker struggles with his identity and the weight of his responsibilities while Electro undergoes a transformation, becoming more powerful and unstable than ever before.
Condition & Value
Condition Grade
Near Mint (CGC 9.4)
Condition Details
The cover displays vibrant colors and high gloss. Visible minor spine stress ticks that do not appear to break color. Sharp corners with minimal blunting. The alignment is centered well. Interior pages assumed to be off-white to white based on era and exterior condition.
Estimated Market Value
Raw: $5 - $10; Graded (9.8): $40 - $60
Recent Sales
Recent raw copies in similar condition have sold for approximately $3 - $8 on eBay. Graded 9.8 copies typically sell for $50 range, often making grading costs exceed the profit margin.
Grading Recommendation
Not recommended for professional grading unless for personal collection sentimental value. The cost of CGC/CBCS grading plus shipping generally exceeds the market value of the comic in this specific grade. Professional Pressing/Cleaning could potentially push it to a 9.6 or 9.8, but market demand for this issue remains low.
Notable Features
Direct Edition (indicated by the barcode strip). Early 90s ad-heavy era. Glossy cover stock. Features a classic cover by Tom Lyle depicting Spider-Man being electrocuted by a giant Electro face background.
Authentication Notes
Authentic 1993 Marvel manufacturing. Correct 1.75 USD cover price. Consistent ink saturation with early 90s high-speed web offset printing. Staple placement is factory standard.