Miles Morales First Appearance: Ultimate Fallout #4 Value by Grade

Miles Morales first appeared in Ultimate Fallout #4 (cover date October 2011), published by Marvel, by Brian Michael Bendis, Sara Pichelli. The source puts it this way: "This book has the first appearance of Miles Morales as Spider-Man in its separate Ultimate universe.".

PriceCharting values for Ultimate Fallout #4 (2011) by CGC grade, based on recorded sales and updated September 25, 2026:

• CGC 2.0: $152
• CGC 3.0: $190
• CGC 4.0: $238
• CGC 5.0: $238
• CGC 6.0: $246
• CGC 7.0: $236
• CGC 8.0: $258
• CGC 9.0: $332
• CGC 9.2: $350
• CGC 9.4: $390

The spread from CGC 2.0 ($152) to CGC 9.4 ($390) shows how much condition matters on a key issue. Restored, trimmed or incomplete copies sell far below these figures, and reprints and facsimiles (see below) are worth a small fraction. Grade and restoration are confirmed by a grading service such as CGC or CBCS; prices move with the market and the character's popularity.

• CGC Comic of the Month confirmation: CGC's feature confirms this book contains the first appearance of Miles Morales as Spider-Man in the separate Ultimate universe.
• Unmasking reveal scene in the story (interior content): in the story, this Spider-Man unmasks himself to reveal an African-American/Latino boy named Miles Morales, who says it would be in bad taste for him to wear a Spider-Man costume.

• Indicia: the small print on the first page or inside cover gives the issue number, date and publisher; reprints usually say so there.
• Cover price and barcode: a price or barcode format that did not exist in the year printed means a later edition.
• Paper and staples: decades-old newsprint is tan at the edges; bright white pages on an old date are a warning sign.
• Restoration: color touch, trimmed edges and married covers are common on expensive keys; a grading service can detect them.

Shoot the front cover flat, straight on, in even light, then the indicia page and the back cover. Include the top edge and staples in one frame. The app reads the title, issue number and cover and matches it against the checks above; the indicia photo settles most reprint questions.

Ultimate Fallout #4 went on sale August 3, 2011 (Wikipedia). It is sometimes confused with his own series: Ultimate Comics: Spider-Man, by Brian Michael Bendis and Sara Pichelli, began in September 2011, after his debut. Miles moved from the Ultimate universe into Marvel's main line after Secret Wars (2015), and Spider-Man #1 starring him came out February 3, 2016.

PriceCharting's live page on September 25, 2026 listed Ultimate Fallout #4 at $1,350 in CGC 9.8 and $342 ungraded. That is more than three times the $390 CGC 9.4 value in PriceCharting's grade table. Modern books like this one are often in high grade, so the difference between 9.4 and 9.8 is what to check before paying or grading.

Miles is alluded to in Spider-Man: Homecoming (2017), where Aaron Davis mentions him, and he leads Spider-Man: Into the Spider-Verse (2018), voiced by Shameik Moore (Wikipedia).