The 25 Most Valuable Image Comics
Image Comics changed the industry when it launched in 1992 as a creator-owned publisher, and its most valuable books are modern keys driven by hit adaptations. From The Walking Dead to Invincible, Image’s scarcer first issues have appreciated sharply. Below are the most valuable Image comics, ranked by current raw Near Mint (9.4) value and refreshed automatically from live market data.
Unlike the overproduced early-90s titles that launched the company, Image’s most valuable comics tend to be lower-print creator-owned first issues from the 2000s — the ones nobody was hoarding when they came out.
| # | Comic | Key / First Appearance | NM Value |
|---|---|---|---|
| 1 | Invincible (2003) #1 | Invincible (Mark Grayson), Omni-Man, Deborah Grayson, Titan, William Clockwell, David Hiles, Atom Eve (cameo), Science Dog (cameo) | $2,935 |
| 2 | The Walking Dead (2003) #1 | Sheriff Rick Grimes | $1,090 |
| 3 | Invincible (2003) #2 | Atom Eve (full), Allen The Alien (cameo), The Mauler Twins, Robot, Rex-Splode, Dupli-Kate | $525 |
| 4 | Invincible (2003) #19 | Nowhere Men (team), Battle Beast, Magnattack, Magmaniac, Tether Tyrant | $490 |
| 5 | Spawn (1992) #174 | Gunslinger Spawn (full) | $450 |
| 6 | Invincible (2003) #5 | Allen The Alien (full) | $450 |
| 7 | Invincible (2003) #10 | Doc Seismic | $385 |
| 8 | Invincible (2003) #3 | The Flaxans | $350 |
| 9 | Invincible (2003) #9 | The Lizard League (team), Shrinking Ray, Monster Girl, Bulletproof (cameo) | $335 |
| 10 | Invincible (2003) #7 | Guardians Of The Globe (team), Bi-Plane, Kursk | $325 |
| 11 | Invincible (2003) #8 | Damien Darkblood, Amber Bennett, Elephant | $315 |
| 12 | Invincible (2003) #6 | Black Samson, Reanimen | $300 |
| 13 | The Walking Dead (2003) #3 | Dale, Carol, Sophia and Andrea | $230 |
| 14 | Chew (2009) #1 | Tony Chu | $200 |
| 15 | The Walking Dead (2003) #19 | Michonne | $185 |
| 16 | Invincible (2003) #44 | Anissa | $155 |
| 17 | The Savage Dragon (1993) #102 | Mother Mayhem | $125 |
| 18 | Spawn (1992) #165 | Mandarin Spawn | $125 |
| 19 | Spawn (1992) #119 | Gunslinger Spawn (cameo), Hellspawn Army | $125 |
| 20 | Spawn (1992) #183 | Morana (full) | $120 |
| 21 | Spawn (1992) #150 | The Man of Miracles | $100 |
| 22 | Saga (2012) #1 | Marko, Alana, Hazel, The Will, Lying Cat, Prince Robot IV | $95 |
| 23 | Capes (2003) #1 | The Walking Dead, Machine Head | $85 |
| 24 | Teenage Mutant Ninja Turtles (1996) #22 | Lady Shredder | $75 |
| 25 | Spawn (1992) #185 | Jim Downing | $70 |
Values are raw Near Mint (9.4) estimates from live market data and change over time. Look up any comic's value.
The most valuable Image keys
Invincible #1 (2003) leads the publisher — the debut of Robert Kirkman and Cory Walker’s superhero, whose hit animated series sent an already-scarce first issue soaring. The Walking Dead #1 (2003), the first appearance of Rick Grimes, is close behind and launched one of the best-selling franchises in comics and television.
Early Invincible issues make up much of the top tier, carrying value for their own first appearances — Atom Eve, Allen the Alien, and more — a reminder that a scarce indie run can be worth more than a stack of mainstream keys.
Spawn’s later low-print issues also appear, led by the first Gunslinger Spawn (#174) — because, unlike Image’s heavily printed 1992 debut, those later issues are genuinely hard to find.
What makes an Image comic valuable
Image value is driven by scarcity and screen adaptations. The company’s biggest early hits (like Spawn #1) were massively overproduced and remain inexpensive, so the most valuable Image books are lower-print creator-owned first issues whose characters reached film and TV.
Condition matters, though modern books survive in high grades more easily than older eras. Raw Near Mint (9.4) is the benchmark shown here; for the top keys, high-grade professionally graded (CGC) copies carry meaningful premiums.
How these values are calculated
The figures here are raw Near Mint (9.4) values derived from recent sales and refreshed automatically — not a fixed annual guide. Click any issue for its full condition-by-grade breakdown, graded (CGC) values, and price history. Values are estimates and the market moves, so treat them as a current snapshot rather than a formal appraisal.
Frequently Asked Questions
What is the most valuable Image comic?
As of August 2026, Invincible (2003) #1 (first appearance of Invincible (Mark Grayson), Omni-Man, Deborah Grayson, Titan, William Clockwell, David Hiles, Atom Eve (cameo), Science Dog (cameo)) is the most valuable, with a raw Near Mint value around $2,935.
Why is Invincible #1 so valuable?
It’s the first appearance of Invincible and Omni-Man (2003). Its modest print run plus the hit animated series have made it Image’s most valuable comic.
Is Spawn #1 valuable?
Not especially — Spawn #1 (1992) was massively overproduced, so it typically sells for around $20. Image’s most valuable books are scarcer, later creator-owned keys.
Why is The Walking Dead #1 valuable?
It’s the first appearance of Rick Grimes (2003) and the launch of a franchise that became a global TV hit. Its scarce early print run keeps demand high.
Are graded (CGC) Image comics worth more than raw copies?
For the top keys, yes — high-grade CGC copies command premiums, though the gap is smaller than for older, scarcer eras. Click any issue for its graded pricing.
How often do these values update?
Automatically, from live market data — so this list reflects the current market, not a static annual guide.