The Walking Dead #1 Comic Book Values

Walking Dead #1

Walking Dead #1 CGC 9.8 Black Label Front CoverWalking Dead #1 CGC 9.8 Back Cover

Released: October 2003
Story: Robert Kirkman
Cover & Art: Tony Moore

1st appearance of Rick Grimes, Morgan Jones and Duane Jones.

Judging the value of your Walking Dead #1 comic book depends on the condition and the color of the “Mature Readers Label” – At one time, most collectors were willing to pay a bit more for the black label version, as it was considered to be slightly more rare. However, it appears sometime in 2015, the market demand shifted just a bit to where White Label versions were selling for as much or more than black label versions. If you have a book in perfect condition, it might be worth getting it graded, as mint copies can sell for quite a bit more than ones just slightly less mint. For the most up to date price, view the recently recorded sales online, however I’ve also included a date next to values below for when the values are recorded from.

Black Mature Readers Label

Walking Dead #1 Black Mature Readers Label

Recorded Sales & Value Estimates:

  • CGC 9.8 – $3,000 – $3,560 October 2016
  • CGC 9.6 – $1,700 – $2,100 October 2016
  • CGC 9.4 – $1,300 – $1,900 October 2016
  • CGC 9.2 – $1,000 – $1,300 October 2016
  • CGC 9.0 – $975 – $1,200 October 2016

Q1 2016 Market Update: The values for CGC 9.8 Black Label Walking Dead #1 comic books trended up from previous values. It appears most collectors are comfortable spending at least $2k for the comic book in near pristine condition, versus values in the $1,800 range previously.

Q4 2016 Market Update: Walking Dead #1 Black Label comic books were up an impressive 30 – 40% nearly across the board on the higher end (CGC 9.8 and 9.6) graded comic books. The “lower end” CGC 9.4 and under increased in value by approximately 10 – 20%.

White Mature Readers Label

Walking Dead #1 CGC 9.8 White Mature Readers Label

Recorded Sales & Value Estimates:

  • CGC 9.9 – $14,000 (Best Offer Accepted) October 2016
  • CGC 9.8 – $3,000 – $4,000 October 2016
  • CGC 9.6 – $1,700 – $2,200 October 2016
  • CGC 9.4 – $1,300 – $1,900 October 2016
  • CGC 9.2 – $1,000 – $1,300 October 2016
  • CGC 9.0 – $975 – $1,200 October 2016
  • CGC 0.5 – $754 February 2014

Q1 2016 Update: Only a handful of CGC 9.8 and CGC 9.4 graded White Label Walking Dead #1 comics sold online during the course of 2015. The values trended up as the year went on, up roughly 20% from where they were in 2014.

Q4 2016 Update: Values increased rapidly over the course of the year. CGC 9.8 & CGC 9.6 graded books were up 30 – 40%. CGC 9.4 and lower graded books were up a more modest 10 – 20%.

Signed Walking Dead #1 Comic Book Values:

Both – Robert Kirkman & Tony Moore
CGC 9.8$2,125 – $2,500
CGC 9.4 – $1,350 (Black Label)

Just – Tony Moore
Ungraded – $1,000


Reprint Variant Covers

Wizard World Show attendees were treated in 2013 with variant cover art on a reprint of The Walking Dead issue #1. Sketch versions also exist. These variant covers are often worth between $150 – $250 in high grade condition. They are often signed by Moore and Kirkman, but that doesn’t raise or lower the value tremendously at the current time.

Walking Dead #1 Variant Wizard World Covers

Portland – Michael Golden
St. Louis – Arthur Suydam
Philadelphia – Julian Tedesco
New York – Neal Adams
Chicago – Ethan Van Sciver
Ohio – Mike Zeck
Nashville – Mico Suayan
Austin – Guillory

The Walking Dead has been referred to as a phenomenon among comic book collectors and fans of the TV show. Over the last several years, the value of The Walking Dead issue #1 has climbed to heights usually only seen by the golden age of comic books.


Previous Values:

Below is a record of prior recorded sales for Walking Dead #1 comic books sold on eBay. The price has steadily increased almost Q/Q since we began tracking values.

White Mature Readers Label

  • CGC 9.9 – $10,500 (Best Offer Accepted) May 2014
  • CGC 9.9 – $7,200 (77 Bids) July 2014
  • CGC 9.8 – $2,300 – $2,500 March 2016

Black Mature Readers Label

  • CGC 9.8 – $2,000 – $2,630 March 2016
  • CGC 9.6 – $1,300 – $1,500 March 2016
  • CGC 9.4 – $1,275 – $1,300 March 2016
  • CGC 9.2 – $900 – $975 March 2016
  • CGC 9.0 – $950 – $1,100 March 2016

More Walking Dead Comic Book Value Guides:

The Walking Dead Comic Books #1 – 10 Values
The Walking Dead Comic Books #11 – 20 Values
The Walking Dead Comic Books #21 – 30 Values
The Walking Dead Comic Books #31 – 40 Values


Value Notes:

The date next to the price is the date when the value(s) were last updated. Every quarter I update the page with the most up to date comic book values I can find.

The price you will pay OR the price you can sell your comic book will vary. The majority of values above come from established ebay comic book sellers with a solid reputation. If you have 0 or little feedback, you might not be able to get full value when you sell. Additionally, the prices above reflect Walking Dead comic books that were already graded and authenticated by CGC – which is not a free service. Finally, if you are selling your comic book to a dealer, comic book store owner, or pawn shop – you’re likely to be offered around 50% of the values above.

 


One thought on “The Walking Dead #1 Comic Book Values

  1. Got a offer of 1350$ Us to buy it in october 2014..does it worth (white mature reader) Walking dead #1 cgc 2003 original

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