Undervalued Spotlight #145

spectacular spiderman magazine 2This Week’s Undervalued Spotlight comes from Mike Huddleston.

This spotlight ranks up there as one of my favorites! Mikes knowledge and passion shine through, his arguments are sound, his judgments just. This spotlight has inspired me to try to be more personal with my future posts. Mike’s love for comics is infectious. I am honestly awed by this post.

Take it away Mike…

Undervalued Spotlight two in one. It features a magazine and a comic, both of which I feel have been undervalued by the Overstreet Price Guide. Let’s take a trip back to1968.

In 1968 like today the Amazing Spider-Man was hot.  People couldn’t get enough of him and Marvel was looking for new ways to expand his readership. In the summer of 1968 a new magazine was published “The Spectacular Spider-Man ” #1. I can still remember the first time I saw this mag at my corner store. It had kind of a cartoonish looking cover and worse it was in black and white!  To the eleven year old me it looked like a coloring book. Still it is was Spider-Man, so I collected 20 pop bottles (2 cents each) and bought the book. I will keep this short and just say it was huge disappoint for me, for the reasons stated above and the forgettable villain and story.

In my favorite comic book title The Amazing Spider-Man, exciting things were taking place. Beginning in issue #61 and in every issue running through #66 a Norman Osborn subplot was playing out. Norman Osborn was getting his memory back. The Green Goblin, Spider-Man’s greatest foe was coming back! This was a real big deal back then. The collecting community was pumped. In issue #66 we have Norman Osborn in full costume with the Goblin mask in hands, his memory getting clearer by the second. Great, he’ll be in issue 67 or 68. Nope. The storyline disappears from the Amazing Spider-Man and ends up being told in our undervalued spotlight…

Spectacular Spider-Man Magazine issue #2. As you can imagine the then 12 year old me was not thrilled when this happened, however this evaporated when I saw the book. Almost all of the things that were wrong with issue #1 were corrected. A fantastic painted cover by John Romita, a great 58 page turner of a story featuring the Green Goblin, and the price dropped down to a whole $.35 cents. Who could ask for more! The only problem I had with this book was how it fit in my stack of comic books. There was always this one angry inch (not Hedwig’s) that stuck out on the edge that got bent and torn. It eventually became the most beat up well read book in my collection.

The Spectacular Spider-Man Magazine ended with this issue. The Terrible T V Terror, the title of 3rd issue, never made it to print. The title returned (font and all) in 1976 and had successful 20 year plus run as a comic book.

The 42nd Overstreet Guide lists The Spectacular Spider-Man # 2 as $67/$124/$180 at the 8.0/9.0 and 9.2 splits. The Amazing Spider-Man issues of that era issues #61-74 split as $89/$130/$190 for the 8.0/9.0/9.2 splits. So today I can buy a magazine with the equivalent of 3 comic books, featuring the Norman Osborn Green Goblin for less than one comic book featuring Man Mountain Marko or Silvermane? Are you kidding me?

Not a fair comparison a magazine to a comic book you say?

OK the only book that is comparable is very mediocre Spectacular Spider-Man #1 it splits as $75/$148/$220 for the 8.0/9.0/9.2 splits. These prices are 10-20% more than our vastly superior #2. This is a classic example of what Walt was discussing about the # on a book, versus the content of a book and how it is priced in Overstreet.

If this story had been published as Amazing Spider-Man #68-70 or as Annual #5 or 6 it is an easy double to the price given to this magazine. Perhaps it is because it is a magazine and not a comic book. So if you must own this story in comic book form you need to find…

amazing spiderman annual 9Amazing Spider-Man Special #9 (1973).

I don’t feel as strongly about this one as I do the magazine. It is less than the magazine in some areas. First it does not have the John Romita painted cover. It has a very good Romita cover but not as good as the original. Second it has been re-edited from 58 pages to 40 pages. The story is still excellent but it’s just a little less. Third it is delivered after the “death” of the Green Goblin in ASM #122 and thus it loses a bit of its impact. If you put it in your collection between ASM#67 and 68 it’s perfect! As a plus it’s a Comic book, and without the angry inch it fits my comic box!

So why is it undervalued?  It is a re-print right? Well it is and it has been priced like one of the Amazing Spider-Man Annuals that precede it. Prices for Amazing Spider-Man Annuals 6-8 are $39/$62/$85 for the 8.0/9.0/9.2 splits and Annual #9 is priced the same. But should it be?

Other magazines that have been re-printed are not. Conan #16 (Savage Tales #1) and ASM #116-118 (Spectacular Spider-Man #1) are priced like the regular continuity that surround these books. This again speaks to the number on the book versus the book itself. Exhibit B for Walt.

Look at the splits on ASM 116-118 versus our ASM Annual #9. For ASM116-118 they are $48/$79/$110 for the 8.0/9.0/9.2 splits. Now one third of the mediocre Spectacular Spider-man #1story is worth more than the whole story in ASM Annual #9!!

OK I’ve nerded out on this enough.

The 42nd edition of the Overstreet Comic Book Price Guide shows $67/$124/$180 as the 8.0/9.0/9.2 price splits.

Strengths that make this comic book a good long-term investment are:

Spectacular Spider-Man Magazine #2

  • Great moody painted cover by John Romita right up there with his best
  • The single least expensive story/book in the Silver Age for the Amazing Spider-Man. Yes even cheaper than Marvel Super Heroes #14. And  its the Green Goblin. Nuff Said

Amazing Spider-Man Special #9

  • Mis-Priced by Overstreet as a comic book for the story/content delivered.
  • This was a very elusive book for me to find in grade, even in the early 80’s. I know other collectors who have echoed the same. How about the CBD faithful ASM collectors?

Neither of these books carries a Green Goblin premium in Overstreet Price Guide. The only Silver /Bronze Age appearances of this character not to do so.


Walter Durajlija
Walter Durajlija

Walter Durajlija is an Overstreet Advisor and Shuster Award winner. He owns Big B Comics in Hamilton Ontario.

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Thor Odinson
Thor Odinson
11 years ago

Excellent analysis. I think you’re 100% right about the reasons for the low price. The tens of thousands of ASM collectors have mostly overlooked the mag, and no one ever cares quite as much about annuals. I know that in over 30 years collecting I never got around to buying either of the SSM mags, (even though #2 has all the strengths you mentioned), but I’ve spent the equivalent on many much less interesting issues of ASM. Stupid me…and now the price on #2 is going to go up!

Unless you’re just plain wrong and Man Mountain Marko is actually more popular than the Green Goblin.

Mike Huddleston
11 years ago

Thanks Odinson. I think you still have time to buy that #2 on the cheap, and it may be easier to find than the annual.

I could have also had one issue of Medusa but I was afraid she would work against my argument!

Tom Berry
Tom Berry
11 years ago

I have this book in VF+ condition and value it as much as many of my other Spiderman books. May not be worth as much, but it’s a great book.