There are no Moon Knight Silver Age key issues: the character was created by Doug Moench and Don Perlin in 1975, squarely in the Bronze Age. The true founding key is Werewolf by Night #32 (August 1975), Moon Knight's first appearance — a CGC 9.8 copy sold for $42,000 according to sellmycomicbooks.com data. The other milestones are Werewolf by Night #33, Marvel Spotlight #28 (1976), and Moon Knight #1 (1980).

Moon Knight — Marc Spector, a mercenary left for dead in Egypt and resurrected by the moon god Khonshu — is a Bronze Age creation: born in 1975 inside a Marvel horror title, he has no Silver Age past. Collectors searching for "Moon Knight Silver Age" will find nothing, because those issues do not exist. This guide states that plainly and redirects to the real keys: three Bronze Age series, all documented, and a Disney+ adaptation that reignited collector demand.

Methodological note: our eBay estimator does not cover the Werewolf by Night, Moon Knight, or Marvel Spotlight series — it returns "invalid parameters" for these titles. Every figure in this guide comes exclusively from documented web sources (sellmycomicbooks.com, GoCollect, Heritage Auctions, QualityComix). Where no public record exists, we stay qualitative.

The real Moon Knight keys (Bronze Age only — documented data)

All records below come from public sources. Our eBay estimator does not cover these series.

IssueSignificanceDocumented record
Werewolf by Night #32 (Aug. 1975)1st appearance of Moon Knight (created by Moench & Perlin)$42,000 (CGC 9.8, sellmycomicbooks.com)
Werewolf by Night #33 (Sept. 1975)2nd appearance of Moon Knight~$13,200 (CGC 9.8, QualityComix)
Marvel Spotlight #28 (June 1976)1st solo Moon Knight story; 1st appearances of Marlene and Crawley~$1,678 (CGC 9.8, 90-day avg, GoCollect)
Moon Knight #1 (Nov. 1980)First solo ongoing series; full origin; 1st app. of Bushman and Khonshu$925 (CGC 9.8, sellmycomicbooks.com, 2022)

Sources: sellmycomicbooks.com, GoCollect, QualityComix. Our eBay estimator does not cover these series.

Werewolf by Night #32 (1975): the first appearance — and the major key

Werewolf by Night #32 (August 1975) is the Moon Knight key issue. Doug Moench (script) and Don Perlin (art) introduce Marc Spector — a mercenary with a troubled past who dons white armor inspired by the Egyptian moon god Khonshu to hunt down Jack Russell, the Werewolf by Night. Moon Knight is cast as an antagonist in this debut, not yet a hero. The midnight-blue cover is notoriously prone to wear, which is a primary reason high-grade copies are scarce. A CGC 9.8 sold for $42,000 according to sellmycomicbooks.com (2023 data); the same site documents a CGC 9.8 at $31,200 in March 2020 and at $14,750 in 2017 (the record at the time). For more modest budgets, GoCollect data shows CGC 9.4 copies around $5,300 and CGC 4.0 copies around $850 (2023 sales). The book saw its sharpest price increases following the announcement of the Disney+ series in 2021.

Werewolf by Night #33 (1975): the second appearance

Werewolf by Night #33 (September 1975) is Moon Knight's second and final appearance in this series. Written by Doug Moench with art by Don and Howie Perlin, and a cover by Gil Kane and Klaus Janson, it completes the founding two-parter. QualityComix places a CGC 9.8 record at approximately $13,200. Less liquid than the #32, it remains a target for collectors seeking a complete set of Moon Knight's earliest appearances.

Marvel Spotlight #28 (1976): the first solo story

Marvel Spotlight #28 (June 1976) marks Moon Knight's emergence as a solo protagonist — the first story written entirely around him, again by Doug Moench. It introduces Marlene Fontaine and Frenchie Duchamp (Jean-Paul DuChamp), two supporting characters who would become pillars of the Moon Knight mythology. Marvel Spotlight #29 continues this solo run. GoCollect data shows a 90-day average of approximately $1,678 for CGC 9.8 copies — a level well below Werewolf by Night #32, consistent with its role as a secondary key. Lower-grade copies in CGC 6.0 trade in the $52–$65 range according to available data.

Moon Knight #1 (1980): the solo series and the Moench–Sienkiewicz era

Published in November 1980, Moon Knight #1 launches the character's first ongoing solo series. Doug Moench writes; Bill Sienkiewicz — early in a career that would define his generation — provides the art. Their collaboration set the visual language of Moon Knight for decades. This issue contains Marc Spector's complete origin story, the first appearance of Bushman (the primary villain), and the first named appearance of Khonshu. Sellmycomicbooks.com documents a CGC 9.8 at $925 in 2022, up from $552 in 2021 and $291 in 2020 — appreciation driven by the Disney+ series. Below the 9.8, copies remain accessible: CGC 9.6 at $305, CGC 9.4 at $195 (2022 data).

The 2022 Disney+ series and its effect on values

The Moon Knight Disney+ miniseries, created by Jeremy Slater and directed by Mohamed Diab, premiered on March 30, 2022 across six episodes. Oscar Isaac plays Marc Spector and Steven Grant — two of the character's dissociative identities — with Jake Lockley revealed in the post-credits finale. The series carried a budget of $147.9 million and earned an 86% approval rating on Rotten Tomatoes, significantly widening Moon Knight's mainstream audience. Sellmycomicbooks.com noted that the mere announcement of the project in 2021 was sufficient to push Werewolf by Night #32 prices sharply upward. No second season had been officially announced as of this guide's publication.

Own a Moon Knight comic? Get a free valuation with our tool based on real eBay sales to find its low, median, and high value.