SPIDER-MAN ##46
Marvel Comics • Spider-Man Vol. 1 (Todd McFarlane series)

Writer
Howard Mackie
Interior Artist
Tom Lyle
Cover Artist
Tom Lyle
Publication Date
May 1994
Cover Variant
Regular Direct Edition
Printing
First Printing
Comic Description
First part of 'Beware the Rage of a Desperate Man.' Features Spider-Man facing off against Hobgoblin and Demogoblin with the mystery of Kraven's Journal subplot developing.
Condition & Value
Condition Grade
Very Fine/Near Mint (CGC 9.0)
Condition Details
Minor spine stress visible along the left edge. Slight blunting on the bottom right corner. Minimal color loss on edges but generally flat and clean.
Estimated Market Value
Raw: $5 - $10 / Graded (9.8): $40 - $60
Recent Sales
Recent raw copies in similar condition sold for $3-$8 on eBay. 9.8 graded copies typically fluctuate between $45 and $70.
Grading Recommendation
Not recommended for professional grading unless for personal collection sentimental value. The cost of grading exceeds the current market value for this specific issue in this condition.
Notable Features
Includes a silver-colored background effect common to the mid-90s 'Adjectiveless' Spider-Man run. Features Hobgoblin and Demogoblin together.
Authentication Notes
Consistent with 1994 Marvel Direct Edition printing; features barcode with 'Direct Edition' text. No signs of restoration or counterfeiting.