A newly formed black hole may be directly identified if late-time accretion
of material from the base of the ejected envelope generates a luminosity t
hat is observable in the tail of the supernova light curve. In this work, w
e estimate the rate at which events where the black hole "emerges" in the s
upernova light curve can be detected with present capabilities. Our investi
gation is based on an analytical model of the accretion luminosity at emerg
ence as a function of progenitor mass, coupled to the inferred rate of obse
rved Type II supernovae in nearby galaxies. We find through a parameter sur
vey that under optimistic assumptions the potential rate of observable even
ts can be as high as several per year. However, supernovae that produce bla
ck holes are also likely to be low-energy explosions and therefore sublumin
ous, as was the case for the best candidate to date, SN 1997D. If black hol
e-forming supernovae are underdetected owing to lower luminosities, the rat
e of observing black hole emergence is probably not larger than once every
few years. We therefore emphasize the importance of dedicated searches for
nearby supernovae as well as faint supernovae projects for improving the pr
ospects of observationally certifying the supernova-black hole connection.