SPIDER-MAN ##46

Marvel ComicsSpider-Man Vol. 1 (Todd McFarlane series)

SPIDER-MAN

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.

Scanned on 3/17/2026