Riding high on the speculator market soon to go bust – the company would file for Chapter 11 bankruptcy a year later – Marvel released its 1995 Holiday Special trade paperback.

Flagship character Spider-Man carried the book with three stories beginning with A Spider-Man Christmas Carol. The Web Head saves a hospital ward full of sick children with a little help from Daily Bugle Publisher J. Jonah Jameson.

A Miracle a Few Blocks down from 34th Street showcases the X-Men in the oft reprinted Christmas tale outing Santa as the world’s most powerful mutant.

Spider-Man returns in another seasonal fan favorite, Down and Out in Forest Hills. The story is miss-billed as Star Of the Show that appears later in the book.

Marvel Holiday Special 1995 TPB

Down and Out features Peter and Mary Jane as they are ousted from their condominium on Christmas Eve. Uncle Ben is the Ghost of Christmas Past who provides wisdom in Peter’s decision to return to his roots. The story originally appeared in Amazing Spider-Man 314.

Zounds of Silence is a textless tale featuring Wolverine – of sorts – in an imaginative dream of consumerism during the holidays.

Hopes and Fears sees the return of Spider-Man in a test of faith against Mephisto.

Free Will is lifted from Peter David’s run on The Incredible Hulk. Banner Hulk questions the holidays and choices.

Star of the Show finally appears as a one-page, textless story with the jolly, fat one making a guest appearance.

The Punisher is shoehorned into the book with customary bullets flying and body count in The Spirit of the Season.

Finally, The Big X-Mas Black Out brings Spidey back for an encore appearance as he dukes it out with Electro using Rockefeller Square as a backdrop.

Slap an $8.95 price tag on the title and Marvel made itself and readers a little merrier in ’95.

The Punisher was a hot commodity in the early 1990s so it was no surprise Marvel used one of its bigger money makers to fill the coffers even more. Taking that same character and putting in a setting as harmonious as Christmas time was a nice dichotomy.

Beyond that, The Punisher Holiday Special is anything but special. The first two stories are unspectacular just putting Frank in a position for blood letting. The third is a three-part act that’s as textless as it is tacktless.

Marvel Holiday Special (1992)

As I said, the 1990s were bleak for comic books in general. One shining beacon were the early Marvel Holiday Specials.

Stan “the Man” Lee himself returned to pen the Spider-Man story, the first time since issue 200 outside of the newspaper strip. Barring Lee’s story, the star is Doc Samson’s revisionist origin of Chanukah. Even his ridiculous pony tail and post-Village People jump suit couldn’t spoil the fun.

Thanos’ touching tale of parenthood comes off as anything but contrived as do all the stories, featuring Wolverine, Punisher, New Mutants, Ironman and Daredevil.

Marvel Holiday Special (1991)

By the early 1990s the comic book industry was becoming inundated by investors. Promises of high returns for pennies on the dollar had outsiders taking a serious look at what before was considered juvenile entertainment.

Within a few years, the bubble would bust leaving us true believers wondering if the medium could continue. Thanks to some well-done animated series and successful toy lines, comic books would survive.

However, in the pre-bust days readers would have to soldier on.

DC’s Crisis on Infinite Earths had provided some interesting reboots and the soon-to-be christened Vertigo franchise was holding my interest. Todd MacFarlane’s much heralded arrival on Spider-Man was not. Nor, were many of the flash in the pan titles Marvel was pumping out.

What did catch my attention, aside from Peter David’s run on The Incredible Hulk, was the return of the Holiday specials. For the first time in 15 years, Marvel decided to unleash a Christmas-themed one-shot filled with original material.

Some of the stories are almost unreadable after all this time, but a few still hold up.

Marvel chose some unlikely stories from the bankable characters at the time including the Punisher and Ghost Rider, but it’s the stalwart stables Spider-Man, Captain America and X-Men who provide the real treasures.

Of course any mutant title at the time was hot. Chris Claremont had made the outcasts unheralded successes paving – and paying – for the continued publishing onslaught that had overtaken rival DC many years past.

Scott Lobdell, unofficial Marvel historian, dusted off X-Men 98 and provided a prequel before George Lucas invented the word with A Miracle a Few Blocks Down From 32nd Street. The talented scribe shamelessly hinted that even the mighty Santa may be a mutant.

More subdued and predating any reference to the Winter Soldier, Captain America relearned the meaning of Christmas in Precious Gifts.

The final gem is the last story in the book starring Spider-Man and Jolly J. Jonah Jameson in A Spider-Man Carol. Danny Fingeroth did his homework for this one.