Approximate
Condition Profile
MARVEL COMICS · 9/92
UNIT ECA-026848
CAPTAIN AMERICA #407
Mark Gruenwald-era Captain America adventure from the post-Cap-Wolf period
// Unit specification
| Publisher | Cover date | Era | Variant | Key attribute | Status |
|---|---|---|---|---|---|
| Marvel Comics | September 1992 | Modern | — | — | AVAILABLE |
// Copies in archive
| Unit | Grade | Variant | Status |
|---|---|---|---|
| ECA-026848 | ~9.0 | — | AVAILABLE |
// Run position
// Condition analysis
Cover shows strong gloss and vibrant color with no visible color-breaking creases. A small corner bump/soft crease is visible at the top left corner near the Marvel Comics logo box, slightly affecting sharpness there. Edges appear generally clean with no visible chipping, tears, or staining, and the spine appears tight with no obvious stress lines in this view. The book is housed in a protective sleeve, which limits full assessment of edge and spine wear; interior pages and back cover were not assessed.
// Valuation — market reference
| Bracket | Grade | Est. market value | Marker |
|---|---|---|---|
| LOW_RAW | 0.5 – 1.5 | $2 | |
| MID_RAW | 4.0 – 6.0 | $4 | |
| HIGH_CERT | 9.8 SLAB | $55 |
// Archive commentary
Captain America #407 (September 1992) arrived during Mark Gruenwald's long tenure as the title's writer, a run defined by tightly serialized plotting and a deep commitment to Cold War-era supporting cast and continuity. This issue falls in the wake of the "Cap-Wolf" storyline, in which Nightshade's mutagenic serum had temporarily transformed Steve Rogers into a wolf-like creature, and it continues the character-driven fallout typical of Gruenwald's approach to Cap as a man wrestling with his own body and legacy as much as with costumed villains. Pencils were handled by Rik Levins, a mainstay artist of the title through this stretch, with Danny Bulanadi's inks giving the book its familiar early-1990s Marvel house style.
As a single issue from deep within a decades-long numbering run, #407 does not carry a first appearance, origin story, or landmark creative debut, and it was never treated as a spotlight issue by collectors or price guides. Its market behavior reflects that squarely: demand is driven almost entirely by completists assembling the Gruenwald/Levins run or Captain America collectors filling gaps, rather than by speculators chasing a key moment. Modern Age output from this period was printed in substantial quantities and has remained plentiful in back-issue bins and online lots, keeping raw copies inexpensive across most grades.
This is a book collectors acquire as part of a broader project rather than as a standalone target, and it moves in exactly that context: cheap in low and mid grade through dealer boxes, quarter bins, and bulk online lots, with only certified high-grade examples commanding any real premium, and that premium is modest and driven by grade scarcity rather than by story significance. Buyers are typically Captain America series collectors and CGC grade-chasers rounding out a run, not investors anticipating appreciation.
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