Amazing Spider-Man Mid-Grades Part 2

The third CGC certified Amazing Spider-Man 35 cent mid-grade has sold in an ebay auction this month.   Issue 171 in CGC 6.5 Off-White closed at $172.55.  It is hard to believe but there are still only 12 examples of this book certified by CGC.  This sale along with the sale of a similarly graded 170 and 172 for slightly over $200 each gives a good idea of the current price point for FN to FN+ Amazing Spider-Man 35 centers.

Here is something to think about (yes, hypothetical as they rarely, if ever, come up for sale).  Typically Overstreet values FN+ (6.5) books at 1/3 of the value of NM- (9.2) books.  I am thinking that if a set of NM- Spidey books hit ebay, they would easily fetch $600 a copy.  9.4 and higher books would bring even higher multiples.

Amazing Spider-Man 129 (first appearance of the Punisher) is an easily tracked and similarly priced book in FN+ 6.5 at around $225.   In the last 12 months, there have been 33 sales of CGC 9.2 graded copies at an average selling price of $701 each.  In the last 12 months there have been 7 sales of CGC 9.8 copies at an average selling price of $8464 each.  WOW.  Unfortunately, as of yet, there is not a single certified 9.8 35 cent Amazing Spider-Man issue.  A single 9.6 171 and a single 9.4 169 are the only NM or better issues certified so far.  In fact, two 8.5s are tied as the highest graded 35 cent variant of issue 173.