The most undervalued Spawn issue is arguably Spawn #9 (1993), the first appearance of Angela and Medieval Spawn, scripted by Neil Gaiman: it carries just an eBay median of about €13 (100 active listings, median across all editions and grades, June 2026) for a character so important she sparked a landmark rights lawsuit and later moved to Marvel in 2013. At that price, it's one of the starkest gaps between historical significance and market value.

Spawn debuted in May 1992 (Modern/Image age), so there is no "Silver Age" or "Bronze Age" of the character. Every key issue is from the 1990s and 2000s, which makes them recent, plentiful and — often — surprisingly affordable.

This guide sticks to the verifiable: real-time eBay medians via our estimator, and documented facts. When the listing volume is too thin to trust a figure, we say so and stay qualitative rather than inventing a value.

Why Spawn is ideal ground for hunting undervalued issues

Spawn #1 remains one of the best-selling independent comics ever: roughly 1.7 million copies sold in 1992, including nearly 1.25 million on the direct market (source: Comichron, imagecomics.com). That massive print run is exactly why most early-Spawn issues cost less than a lunch today: supply is enormous. The upside is that you can target issues with real narrative importance without paying grail prices.

The most undervalued Spawn issues (real values, June 2026)

Values = median of active eBay listings, all editions and grades combined (our estimator, eBay.fr + eBay.com). We only include issues with enough volume to make the median reliable.

IssueSignificanceeBay median
Spawn #9 (1993)1st Angela + 1st Medieval Spawn, Neil Gaiman script≈ €13 · 100 listings
Spawn #1 (May 1992)1st appearance of Spawn, a top-selling indie≈ €15 · 102 listings
Spawn #16 (1993)First issue drawn by Greg Capullo≈ €9 · 39 listings
Spawn #100 (2000)First Image title to reach #100, 6 covers≈ €47 · 17 listings

Spawn #9: the most striking mismatch

It's hard to find a clearer example of an undervalued book. Spawn #9 introduces Angela, co-created with Neil Gaiman, a character at the heart of a long rights dispute that ended with her move to Marvel in 2013. And yet its eBay median sits around €13 across all editions.

The main reason is abundance in high grade: the CGC census many copies in 9.8 as of April 2022 (source: GoCollect / Heritage Auctions). A high grade is therefore within reach, while a cheap raw copy is a few clicks away. It's a textbook case: maximum significance, minimal scarcity.

Spawn #1 and #16: the low-cost foundation

Spawn #100: the one "event" that still keeps a deserved premium

Spawn #100 (November 2000) is the first Image title to reach issue #100. It seals the death of Malebolgia and of Angela, and offers six covers by, among others, Frank Miller, Mike Mignola, Alex Ross, Ashley Wood, Greg Capullo and Todd McFarlane (source: comics.org). Its median of about €47 (17 listings) stays reasonable, but the spread between covers and grades is wide: this is the issue where condition and variant truly matter.

A caution: the "rare" issues not to overpay for

Some later issues circulate at very high prices but on tiny volume: at the time of our reading, issues like Spawn #185 or #119 showed only a handful of listings. With so little data, no median is reliable — a single optimistic seller is enough to distort the picture. Treat those values as indicative only, and cross-check several real sales before buying.

Collector strategy (grounded in real data)

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