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Warlord #118 $1.00 Variant Value

From: The 2022 CPV Price Guide for Canadian Price Variants (Type 1A) by Bill Alexander, Tim Bildhauser, Paul Clairmont, Jay Halstead, Jon McClure, Benjamin Nobel, Conan Saunders, Doug Sulipa, and Angelo Virone [ introduction, table of contents, all titles, other price guide editions]
Warlord #118 $1.00 Canadian Price Variant Comic Book Picture
9.2Near Mint -$10
9.0Very Fine / Near Mint$8
8.0Very Fine$6
4.0Very Good$3
Warlord #118 Comic Book Values
Warlord #118 $1.00 Cover Price Variant, DC, 6/1987, Published in the USA
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Warlord #118 Comic Book FAQ

What is the value of Warlord #118?
I have a copy of Warlord #118 and I want to know what this comic book is worth in different grades as a first printing?

✔️Accepted answer: The answer depends on the type that you own. For Warlord #118, DC published a direct edition type (exceptionally well preserved by collectors as direct edition comics were the type sold in comic shops), and two newsstand types which were sold to the general public on newsstands (a regular cover price version and the $1.00 price variant). If you own a price variant, lucky you, it is worth $10 in 9.2 (Near Mint Minus).

  Suggested answer: Check whether the cover of your copy of Warlord #118 has a graphical logo or a bar code box. If it has a graphical logo, sorry to break it to you but you own a commonplace direct edition copy which is worth about $4.

  Suggested answer: If your copy of Warlord #118 has a bar code box on the cover, then you've got a newsstand copy! Is it the more-rare price variant? Now for the moment of excitement: is the cover price of your newsstand copy $1.00? If so, congratulations, you own the cover price variant!!

What is Warlord #118 worth in VF/NM condition?

✔️Accepted answer: The direct edition (logo on cover) is worth about $4 in VF/NM whereas the $1.00 newsstand variants are worth $8.

Why are the Warlord #118 newsstand cover price variants worth so much more than the direct edition copies?

✔️Accepted answer: As collectibles, direct edition copies are already at a disadvantage compared to newsstand copies in the highest grades, because direct editions were extraordinarily well preserved as the distinct type sold in specialty comic shops. The comic shop owners ordered direct edition copies of Warlord #118 at a discount to cover price, but on a non-returnable basis (the graphical logo was to tell non-returnable copies apart from their returnable newsstand counterparts). When their orders arrived, the comic shop staff handled the books with extreme care to preserve their condition, and then the comic book collectors who shopped there typically preserved their purchases in plastic bags with backing boards. By contrast, newsstand copies were treated as reading material with no staff training to handle the books with any semblance of care, and they were then sold to the general public; unsold copies were returned for credit and typically pulped/recycled forward. Only those newsstand copies of Warlord #118 that were taken home and preserved by collectors would survive today in the highest grades. Among surviving newsstand copies of Warlord #118, the market area that received the $1.00 cover price newsstand copies was a restricted area representing less than 10% the population of the total North American newsstand market. That's because the destination market for $1.00 copies of Warlord #118 was Canadian newsstands — hence the name Canadian Price Variant as a short-hand for $1.00 Price Variant. All of this adds up to a market value for the $1.00 variant approximately 100% higher than the direct edition in Very Fine / Near Mint (9.0) condition, as of our 2022 CPV Price Guide Edition.

In VF condition, how much is Warlord #118 worth?

✔️Accepted answer: The direct edition version of Warlord #118 is worth about $3 in Very Fine (8.0) whereas the $1.00 newsstand variants are worth $6.

What is the value of Warlord #118 in Fine condition?

✔️Accepted answer: In FN (6.0) shape, the direct edition version of Warlord #118 is worth about $2 whereas the $1.00 newsstand variants are worth $4.

What is the approximate Warlord #118 value in very good condition?

✔️Accepted answer: Down in VG (4.0) Very Good condition, the direct edition version of Warlord #118 is worth about $1 whereas the $1.00 newsstand variants are worth $3.

What is the Warlord #118 price guide value in good condition?

✔️Accepted answer: The price guide value way down in GD (2.0) Good condition for Warlord #118 is about $1 for the direct edition version whereas the $1.00 newsstand variants are worth $2.

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The information within CPVPriceGuide.com is presented on a best-efforts basis, but none of the included information is guaranteed to be free of error and therefore you should use this guide only as one tool among your comics research tool-belt, and you should verify information with other sources before acting. Please read the full methodology & guide usage information. Our latest price guide edition of our comprehensive guide to Canadian Price Variant comics is the 2021 Edition, published December 2020.