Skip to main content

Rare & Key Issues

Why is Amazing Spider-Man #129 a key issue?

Published Sep 14, 2026 · Updated Oct 11, 2026 · 1 min read

Short answerAmazing Spider-Man #129 (February 1974) is the first appearance of the Punisher and of the Jackal, the villain behind the original Clone Saga. Gerry Conway wrote it, Ross Andru drew it and John Romita Sr. designed the Punisher's skull costume. It is one of the three headline Bronze Age keys with Incredible Hulk #181 and Giant-Size X-Men #1.

The story

The Jackal hires the Punisher to kill Spider-Man, framing him for a murder; the Punisher realises he has been used and walks away. The character was meant to be a one-off. Reader response brought him back in #134–135, and by the 1980s he carried his own titles.

Two keys in one

  • The Punisher — the reason the book is expensive.
  • The Jackal — Miles Warren, who returns in #148–149 with the first Spider-Man clone and drives the 1990s Clone Saga.

Collecting notes

  • Marvel Value Stamp: the issue contains one; a cut stamp means a qualified label.
  • Grade curve: 9.8 copies carry a very large premium over 9.4 and 9.6, because high-grade survivors are limited.
  • Reprints: Marvel Tales, a 1990s reprint, and modern facsimiles exist.

A CBCS 8.5 copy is in the store. See First appearance of the Punisher, the Punisher character page and the Spider-Man character page.

Written by the Rare Comics Collectors grading team. Spotted an error or have a question this guide does not answer? Tell us.

In the vault right now

Browse all listings →
Amazing Spider-Man #10 (Marvel Comics, 1964), raw, ungraded comic book — front cover
MarvelRaw

Amazing Spider-Man

#10 · 1964

Not graded
Key issueLast copy

Marvel Comics · Silver Age

Amazing Spider-Man #10

Raw · Not graded

(0)
$478.13
Amazing Spider-Man #9 (Marvel Comics, 1964), raw comic book in FR condition — front cover
MarvelRaw

Amazing Spider-Man

#9 · 1964

FR
Key issueLast copy

Marvel Comics · Silver Age

Amazing Spider-Man #9

Raw · FR

(0)
$843.75
Amazing Spider-Man #56 (Marvel Comics, 2021), raw, ungraded comic book — front cover
MarvelRaw

Amazing Spider-Man

#56 · 2021

Not graded
Last copy

Marvel Comics · Modern Age

Amazing Spider-Man #56

Raw · Not graded

(0)
$731.25
Amazing Spider-Man #6 (Marvel Comics, 1963), raw, ungraded comic book — front cover
MarvelRaw

Amazing Spider-Man

#6 · 1963

Not graded
Key issueLast copy

Marvel Comics · Silver Age

Amazing Spider-Man #6

Raw · Not graded

(0)
$1,068.75
  • Collecting

    What are the ages of comic books? Golden, Silver, Bronze, Copper and Modern explained

    Collectors divide American comics into eras: the Golden Age (1938 to the mid-1950s), the Silver Age (1956 to about 1970), the Bronze Age (about 1970 to 1985), the Copper Age (about 1985 to 1991) and the Modern Age (1991 to today). The boundaries are conventions rather than official dates, but each era has its own print runs, survival rates, paper and pricing, which is why listings and price guides always state one.

    Updated Oct 11, 2026

  • Collecting

    What is a key issue in comics?

    A key issue is a comic that matters for a reason beyond its story: the first appearance of a character, an origin, a first issue, a death, a famous cover, a creator's debut, or the first appearance of a costume or team. Keys are the books that hold and grow value because demand is tied to the character or event rather than to the issue's rarity alone.

    Updated Oct 10, 2026

  • Collecting

    First appearance vs cameo: what is the difference?

    A cameo is a brief appearance — often a single panel, a shadowed figure, or a last-page teaser — while a first full appearance is the issue in which the character plays a real part in the story. The market usually prices the first full appearance higher, but when the cameo is the first time the character is seen at all, both issues become keys. Incredible Hulk #180 (cameo) and #181 (first full appearance) for Wolverine is the classic example.

    Updated Oct 10, 2026

  • Collecting

    What are Marvel Value Stamps, and why do they matter for grading?

    Marvel Value Stamps were a promotion printed inside most Marvel comics from 1974 to 1976: a numbered stamp of a character on an interior page that readers were encouraged to cut out and paste into a stamp book. Because readers did exactly that, many Bronze Age Marvels from those years are missing a piece of a page. A cut stamp drops the grade sharply or earns a green qualified label, so "Marvel Value Stamp intact" is a meaningful phrase in a listing.

    Updated Oct 11, 2026

  • News

    The most expensive comic books ever sold: documented record sales

    The record for a single comic is 6 million dollars, paid for a CGC 8.5 copy of Action Comics #1 (1938) at Heritage Auctions in April 2024. Other documented milestone sales include a CGC 7.0 Superman #1 at 5.3 million dollars (private sale, 2022), a CGC 9.6 Amazing Fantasy #15 at 3.6 million dollars (Heritage, September 2021), a CGC 8.5 Action Comics #1 at 3.25 million dollars (ComicConnect, April 2021) and a CGC 9.4 Captain America Comics #1 at 3.12 million dollars (Heritage, April 2022).

    Updated Oct 11, 2026

  • Characters

    What is the first appearance of Spider-Man?

    Spider-Man first appeared in Amazing Fantasy #15, cover-dated August 1962, in an 11-page origin story by Stan Lee and Steve Ditko with a cover by Jack Kirby and Ditko. It was the final issue of the anthology. The Amazing Spider-Man #1 followed in March 1963. Amazing Fantasy #15 is the most valuable Silver Age comic: a CGC 9.6 copy sold for 3.6 million dollars at Heritage Auctions in September 2021.

    Updated Oct 11, 2026