Approximate
Condition Profile
MARVEL COMICS · 11/92
UNIT ECA-026854
CAPTAIN AMERICA #409
Standard 1992 newsstand-era Captain America issue from the Gruenwald run
// Unit specification
| Publisher | Cover date | Era | Variant | Key attribute | Status |
|---|---|---|---|---|---|
| Marvel Comics | November 1992 | Modern | — | — | AVAILABLE |
// Copies in archive
| Unit | Grade | Variant | Status |
|---|---|---|---|
| ECA-026854 | ~9.4 | — | AVAILABLE |
// Run position
// Condition analysis
Cover shows sharp corners, strong glossy surface, and no visible spine stress lines or ticks. Colors appear vibrant with no fading or staining, and the image is in a protective sleeve which may account for some glare. No creases or tears are visible on the front cover; interior and back cover were not assessed, so grade is based solely on this front image.
// Valuation — market reference
| Bracket | Grade | Est. market value | Marker |
|---|---|---|---|
| LOW_RAW | 0.5 – 1.5 | $1 | |
| MID_RAW | 4.0 – 6.0 | $4 | |
| HIGH_CERT | 9.8 SLAB | $32 |
// Archive commentary
Captain America #409 arrived in November 1992 during Mark Gruenwald's long tenure as writer, a period defined by dense continuity, political undertones, and an ongoing exploration of what the shield and uniform mean when worn by someone other than Steve Rogers. By this point in the series Rogers had reclaimed the role after the John Walker interregnum, and the title was moving through a string of street-level and espionage-flavored arcs rather than delivering a single-issue landmark. The issue reflects Marvel's early-1990s house style: dependable superhero storytelling, capable art, and continuity-driven plotting rather than a first appearance, death, or other historically pivotal event.
Market data for the issue is thin and consistent with a common, high-print-run early-90s title. The CGC population remains small with just 14 universal copies on census, and meaningful sales exist only at the top of the grade curve, where a 9.8 has traded in the low thirty-dollar range across a handful of recent transactions. Mid and low grades show essentially no active secondary-market trail, which is typical for a period when polybagged variants, speculator overproduction, and long-box abundance suppressed collector attention on standard-cover, non-key issues.
This is a book that serves run-builders and Captain America completists rather than key-issue investors. Raw copies move cheaply and are usually acquired as part of bulk lots or long runs rather than individually sought out, while the CGC 9.8 slab represents the practical ceiling of demand: a clean, top-census copy appeals to registry collectors chasing high-grade Gruenwald-era sets. Expect flat, low-volume trading across all grades, with any premium concentrated narrowly at the gem-mint tier.
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