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Teenage Mutant Ninja Turtles #48 cover
Cover: A. C. Farley

Teenage Mutant Ninja Turtles #48

Jun 1992 · Mirage · 2.00 USD; 2.75 CAD
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“Shades of Grey”

Part one of two of "Shades of Grey" opens with a striking A. C. Farley cover that commands attention: a powerfully built, street-tough figure in sneakers and a vest lunges forward against a circular red backdrop, fists raised and nunchaku at the ready, while a woman's face looms in the blue-tinted background amid a sea of rounded, ghostly forms — and a bloodied white mask lies crushed beneath his feet. The moody, atmospheric composition sets a darker, more grounded tone than you might expect from this 1992 Mirage series, hinting at tension and consequence rather than straightforward adventure. With Kevin Eastman, Peter Laird, and Jim Lawson sharing writing duties and Lawson on interior art, this is the kind of issue that reminds readers why the original black-and-white run earned such devoted fans.

writer Kevin Eastman · writer Peter Laird · writer, artist Jim Lawson · inker Keith Aiken · letterer Mary Kelleher · cover A. C. Farley

ComicBooks.com Value

Our Model is In Beta
Raw (NM) $26
CGC 9.8 · 70 in census $134
CGC 9.6 · 60 in census $58
CGC 9.4 · 21 in census $51*
CGC 9.2 · 14 in census $47*
CGC 9.0 · 9 in census $44*
CGC 8.5 · 2 in census $36*
Show all 8 grades
CGC 8.0 · 1 in census $20*
CGC 7.5 · 2 in census $20*
* estimate — limited direct-sales data at this grade
Our model’s value — refined as new sales data arrives · CGC census counts shown where available

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Cast · 8 characters

Full credits

writer, artist Jim Lawson
letterer Mary Kelleher
cover pencils, inks A. C. Farley

Reprints

Reprinted in Las Tortugas Ninja #4 (2007), Teenage Mutant Ninja Turtles Color Classics Vol. 3 #1 (2015), Teenage Mutant Ninja Turtles: The Ultimate Collection #4 (2019), Teenage Mutant Ninja Turtles: The Ultimate Collection #4

Key issues in Teenage Mutant Ninja Turtles

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