AVENGERS #132

Cover shows generally strong gloss and bright inks with no major creases or color breaks visible; a couple of faint corner blunting spots are visible on the top and bottom right corners, and there is slight edge wear along the right margin. The book is protected in a plastic sleeve, which limits assessment of spine stress ticks and surface sheen. Interior pages and back cover were not visible in this photo and were not assessed.

Avengers #132 arrived in February 1975 as part of Steve Englehart's extended run on the title, continuing the Zodiac conspiracy arc that had been building across the previous several issues. The lineup at this point included Captain America, Thor, Iron Man, the Vision, and the Scarlet Witch, with the villainous Zodiac cartel serving as the central antagonists. The issue reflects Marvel's mid-1970s house style, with Bob Brown handling pencils and Gil Kane contributing a dynamic cover, typical of the era's team-based superhero storytelling rather than any single landmark event.

Market data shows a well-populated CGC census exceeding 200 graded copies, with the bulk of sales concentrated in the 9.0 to 9.6 range. The 9.8 population remains modest relative to the overall census, and recent 90-day and 30-day averages running well above the standing FMV figure suggest short-term upward pressure on top-grade copies. Lower and mid-grade copies see comparatively thin sales activity, consistent with a book that trades mainly as a run-filler for Avengers and Bronze Age Marvel collectors rather than as a standalone target.

This issue is best understood as a solid, collectible chapter in a long-running series rather than a key acquisition. Demand centers on completists building the Englehart Avengers run and on graded-set collectors chasing high-census Bronze Age material, where scarcity in 9.8 drives outsized premiums over mid-grade material. Raw copies in low and mid grades remain affordable entry points, while investment interest is concentrated almost entirely at the top of the CGC population.