Spider-Man ##25

Marvel ComicsSpider-Man Vol. 1 (Adjectiveless)

Spider-Man

Writer

Terry Kavanagh

Interior Artist

Chris Marrinan

Cover Artist

Chris Marrinan

Publication Date

August 1992

Cover Variant

Direct Edition

Printing

First Printing

Comic Description

Guest-starring Excalibur. Spider-Man and Excalibur face off against the High Evolutionary. Spider-Man briefly appears to bond with the Phoenix Force, becoming the 'Spider-Phoenix', though it is later revealed to be an illusion.

Condition & Value

Condition Grade

Very Fine/Near Mint (CGC 9.0)

Condition Details

Generally sharp and flat. Minor spine stress visible along the left edge. Slight blunting on the bottom-right corner. Minimal surface wear on the white background areas.

Estimated Market Value

Raw: $10 - $20; Graded 9.8: $60 - $85

Recent Sales

Recent raw copies in high grade have sold between $12 and $18. CGC 9.8 copies typically settle around the $75 mark.

Grading Recommendation

Only worth grading if it is a guaranteed 9.8, as grading costs may exceed the value of a mid-to-high grade raw copy. Professional pressing could potentially bump a 9.0/9.2 to a higher tier because of the white cover's sensitivity to surface marks.

Notable Features

Gala 25th Issue (anniversary of the title's launch). First and only appearance of 'Spider-Phoenix' (technically an illusion). Features Excalibur team members Beast, Captain Britain, Meggan, Nightcrawler, and Phoenix (Rachel Summers).

Authentication Notes

Authentic 1990s Marvel stock. Features the standard barcode for the Direct Market. Ink density and registration appear consistent with 1992 production standards.

Scanned on 3/17/2026