Spider-Man ##46

Marvel ComicsSpider-Man (Vol. 1)

Spider-Man

Writer

Howard Mackie

Interior Artist

Tom Lyle

Cover Artist

Tom Lyle

Publication Date

May 1994

Cover Variant

Direct Edition

Printing

First Printing

Comic Description

Part 1 of the 'Beware the Rage of a Desperate Man' storyline. Features Spider-Man encountering Hobgoblin and Demogoblin as they attempt to settle old scores. This era focuses on the fallout of Kraven's Last Hunt through Kraven's journal.

Condition & Value

Condition Grade

Very Good (CGC 4.0)

Condition Details

Large white price tag/sticker adhered to the mid-left cover near the spine, moderate spine stress associated with the sticker area, minor corner blunting, possible adhesive residue damage if removal is attempted.

Estimated Market Value

Raw: $2 - $5. Graded (9.8): $40 - $60. The presence of the sticker significantly devalues this specific copy.

Recent Sales

High-grade raw copies typically sell for $3-$5; common 'dollar bin' issue in this condition.

Grading Recommendation

Not recommended for professional grading. The cost of grading far exceeds the market value of the book, especially with the large non-removable adhesive sticker which acts as a major defect.

Notable Features

Features the 1990s 'ad-style' UPC barcode field for Direct Edition comics. Prominent guest appearances by Hobgoblin and Demogoblin.

Authentication Notes

Authentic 1994 Marvel Direct Edition. Visible typical 90s gloss finish and newsstand-quality interior paper stock of the era.

Scanned on 3/17/2026