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Werewolf by Night
#32 · 1975
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Marvel Comics · 1975 · CGC 7.5 · Universal Blue
Werewolf by Night #32 (Marvel Comics, 1975) — First appearance of Moon Knight. CGC 7.5, off-white to white pages.
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Werewolf by Night #32 8/1975. 1st Appearance Moon Knight. CGC Graded 7.5 Off-White to White Pages.
This copy is encapsulated by CGC at 7.5 on a Universal Blue label. The holder is intact and has not been cracked, re-sealed or altered.
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What is Werewolf by Night #32 worth? See the Werewolf by Night #32 price guide (1 copy on sale by grade).
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Background on Werewolf by Night, the grade and what drives the price.
Characters
Moon Knight first appeared in Werewolf by Night #32, cover-dated August 1975, created by writer Doug Moench and artist Don Perlin as a silver-clad mercenary hired to capture the werewolf Jack Russell. He returned in #33, was given his own backup and try-out stories, and starred in Moon Knight #1 in November 1980 with Moench and Bill Sienkiewicz.
Updated Oct 11, 2026
Collecting
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
Key issues
The Comics Code's 1971 revision allowed vampires, werewolves and ghouls back into comics when handled in the tradition of classic literature. Marvel responded with a horror line that produced some of the Bronze Age's most valuable keys: Werewolf by Night (Marvel Spotlight #2, February 1972), Tomb of Dracula #1 (April 1972), Ghost Rider (Marvel Spotlight #5, August 1972), Blade (Tomb of Dracula #10, July 1973) and Moon Knight (Werewolf by Night #32, August 1975).
Updated Oct 10, 2026
AuctionsConfirmed
According to The Beat's report from New York Comic Con, ICv2's Milton Greipp estimated at Thursday's ICv2 White Paper that comics sales in comic shops are up 19% so far in 2026, with graphic novels up 28%. The Beat notes this comes against even bigger growth last year.
Oct 9, 2026
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