How much is Frew Phantom comic #1 (or #2, #3, etc) worth in absolutely perfect condition?
This is often a loaded question from someone who has been given such a comic by their grandmother or something. The important thing to understand is that in the vast majority of cases, perfect condition copies of Phantom comics #1 and #2 are probably only replica editions. When Frew published their 1000th Phantom comic (#972) in 1991 they included a FREE replica of their first comic. Now at the start of each year, a ~300 page annual special is published, each containing a replica edition of an early Frew Phantom comic (except for #1032). Most of the replicas are easily identifiable via obvious features such as the words “REPLICA EDITION” and a barcode on the front cover. But this only came after complaints were made about the difficulty of distinguishing the first three replica editions from the originals. The replica of #2 is particularly difficult to spot. For details on how to differentiate originals from replicas, please see this page. To give you a rough idea of the difference in
