PETER PARKER, THE SPECTACULAR SPIDER-MAN #118

Cover shows strong gloss and vivid, unfaded color with sharp corners and no visible creasing or spine stress lines in this photo. Edges appear clean with no chips or tears, and the black spider-head 'direct edition' logo box is crisp and undamaged. The book is housed in a protective sleeve, which limits full assessment of spine tightness and surface texture; interior pages and back cover were not visible and were not assessed.

Peter Parker, The Spectacular Spider-Man #118 appeared on newsstands and direct-market racks in September 1986, during the extended "Gang War" storyline that ran through Spider-Man's family of titles as rival criminal factions battled for control of New York's underworld following Kingpin's temporary absence. The issue falls within Peter David's early tenure as writer on the series, with Sal Buscema handling art chores in his familiar, workmanlike style that defined much of the title's visual identity through the mid-1980s. It carries no first appearances, deaths, or other landmark events that price guides single out, situating it as a solid but unremarkable chapter in a well-regarded but non-pivotal crossover arc.

Market data shows a thin but consistent CGC census of 56 universal copies, skewed heavily toward high grade, with only a handful of certified copies below 8.0. Sales activity clusters at the 9.6-9.8 tier, where recent trades in the $30-50 range reflect steady but modest demand typical of mid-run Copper Age Spider-Man material bought primarily by run-builders and Spider-Man completists rather than speculators chasing a key. Lower-grade raw copies see little independent sales attention and are generally absorbed into bulk lots or long-box inventory rather than sold individually at meaningful prices.

This book suits collectors assembling a complete Spectacular Spider-Man run or a Peter David bibliography rather than investors targeting appreciation. Across grades it trades predictably: raw low- and mid-grade copies remain inexpensive commodity stock, while a well-preserved 9.8 slab commands a real but limited premium driven by relative scarcity at the top of the census rather than character or story significance. Expect flat, low-volatility demand consistent with its status as a readable, collectible, but non-key issue.