Transformers #2 $1.00 Variant Value
From: The 2023 CPV Price Guide for Canadian Price Variants (Type 1A) by Bill Alexander, Tim Bildhauser, Paul Clairmont, Jay Halstead, Greg Holland, Jon McClure, Jayden Mitchell, Benjamin Nobel, Conan Saunders, Doug Sulipa, and Angelo Virone [ introduction, table of contents, all titles, other price guide editions]
|9.2||Near Mint -||$75
|9.0||Very Fine / Near Mint||$50
|Transformers #2 $1.00 Cover Price Variant, Marvel, 11/1984, Published in the USA
Transformers #2 $1.00 Canadian Price Variant Issue Notes:
Limited Series #2
#95 in this year's Top 100.
Angelo notes: In June 2020 a 9.8 CGC sold for $366; 9.0 CGC in May for $143.
Conan notes: Example variant sales at MyComicShop: a raw FN+ 6.5 on 2/1/2022 for $18 (buy it now), a CGC 9.2 on 7/9/2019 for $145
Doug notes: OPTIMUS PRIME vs. MEGATRON Battle, Cover & Story-c/s; Golden-c;
CGC label note: $1.00 cover price.
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($1.00 Price Variant)
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Transformers #2 Comic Book FAQ
What is the value of Transformers #2?
I have a copy of Transformers #2 and I want to know what this comic book is worth in different grades as a first printing?
The answer depends on the type that you own. For Transformers #2, Marvel 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 $75 in 9.2 (Near Mint Minus).
Check whether the cover of your copy of Transformers #2 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 $30 (still, that's not too shabby).
If your copy of Transformers #2 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!!
How rare is the Transformers #2 $1.00 cover price variant?
As of the September 2021 CGC census, the price variant has census rarity of 2.3%, with 20 price variant copies on record versus 852 regular copies.
What is Transformers #2 worth in VF/NM condition?
The direct edition (logo on cover) is worth about $26 in VF/NM whereas the $1.00 newsstand variants are worth $50.
Why are the Transformers #2 newsstand cover price variants worth so much more than the direct edition copies?
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 Transformers #2 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 Transformers #2 that were taken home and preserved by collectors would survive today in the highest grades. Among surviving newsstand copies of Transformers #2, 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 Transformers #2 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 92% higher than the direct edition in Very Fine / Near Mint (9.0) condition, as of our 2023 CPV Price Guide Edition.
In VF condition, how much is Transformers #2 worth?
The direct edition version of Transformers #2 is worth about $21 in Very Fine (8.0) whereas the $1.00 newsstand variants are worth $40.
What is the value of Transformers #2 in Fine condition?
In FN (6.0) shape, the direct edition version of Transformers #2 is worth about $15 whereas the $1.00 newsstand variants are worth $28.
What is the approximate Transformers #2 value in very good condition?
Down in VG (4.0) Very Good condition, the direct edition version of Transformers #2 is worth about $10 whereas the $1.00 newsstand variants are worth $19.
What is the Transformers #2 price guide value in good condition?
The price guide value way down in GD (2.0) Good condition for Transformers #2 is about $5 for the direct edition version whereas the $1.00 newsstand variants are worth $9.
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