Skip to main content

Characters & first appearances

What is the first appearance of the Punisher?

Published Sep 14, 2026 · Updated Sep 14, 2026 · 1 min read

Short answerThe Punisher first appeared in The Amazing Spider-Man #129, cover-dated February 1974, created by writer Gerry Conway with artists Ross Andru and John Romita Sr., who designed the skull costume. The issue also introduced the Jackal. Hired to kill Spider-Man, the Punisher was intended as a one-off antagonist and became one of Marvel's most popular characters.

The issue

Conway wrote the Punisher as a vigilante manipulated by the Jackal into targeting Spider-Man; the two fight to a draw and the Punisher leaves suspecting he was used. Romita's skull design and Andru's action carried it. The character returned in #134–135, #161–162 and #174–175, then in Daredevil under Frank Miller, and finally in his own limited series in 1986.

Collecting Amazing Spider-Man #129

One of the three headline Bronze Age keys with Incredible Hulk #181 and Giant-Size X-Men #1. Points to check:

  • Marvel Value Stamp — the issue contains one, and many copies have it cut out; see What are Marvel Value Stamps?.
  • Reprints — Marvel has reissued it several times, including as a facsimile.
  • Grade — 9.8 copies command a very large premium over 9.4s.

A CBCS 8.5 copy is in the store. See the Punisher character page and Why is Amazing Spider-Man #129 a key?.

Written by the Rare Comics Collectors grading team. Spotted an error or have a question this guide does not answer? Tell us.

In the vault right now

Browse all listings →
SaleKey issueLast copy

Marvel Comics · Bronze Age

Amazing Spider-Man #102

CGC 9.4 · Universal Blue

Origin and second appearance of Morbius

(0)
$770$999
SaleKey issueLast copy

Marvel Comics · Silver Age

Amazing Spider-Man #8

CGC 8.0 · Universal Blue

Peter Parker fights Flash Thompson; Fantastic Four back-up by Kirby and Ditko

(0)
$1,389$1,513
Key issueLast copy

Marvel Comics · Bronze Age

Marvel Team-Up #141

CGC 9.8 · Universal Blue

First appearance of Spider-Man's black costume (newsstand edition)

(0)
$1,265
Key issueLast copy

Marvel Comics · Bronze Age

Amazing Spider-Man #129

CBCS 8.5 · Universal Blue

First appearance of the Punisher and the Jackal

(0)
$2,158
  • Collecting

    What are the ages of comic books? Golden, Silver, Bronze, Copper and Modern explained

    Collectors divide American comics into eras: the Golden Age (1938 to the mid-1950s), the Silver Age (1956 to about 1970), the Bronze Age (about 1970 to 1985), the Copper Age (about 1985 to 1991) and the Modern Age (1991 to today). The boundaries are conventions rather than official dates, but each era has its own print runs, survival rates, paper and pricing, which is why listings and price guides always state one.

    Updated Sep 14, 2026

  • Collecting

    What is a key issue in comics?

    A key issue is a comic that matters for a reason beyond its story: the first appearance of a character, an origin, a first issue, a death, a famous cover, a creator's debut, or the first appearance of a costume or team. Keys are the books that hold and grow value because demand is tied to the character or event rather than to the issue's rarity alone.

    Updated Sep 14, 2026

  • Collecting

    First appearance vs cameo: what is the difference?

    A cameo is a brief appearance — often a single panel, a shadowed figure, or a last-page teaser — while a first full appearance is the issue in which the character plays a real part in the story. The market usually prices the first full appearance higher, but when the cameo is the first time the character is seen at all, both issues become keys. Incredible Hulk #180 (cameo) and #181 (first full appearance) for Wolverine is the classic example.

    Updated Sep 14, 2026

  • Collecting

    What are Marvel Value Stamps, and why do they matter for grading?

    Marvel Value Stamps were a promotion printed inside most Marvel comics from 1974 to 1976: a numbered stamp of a character on an interior page that readers were encouraged to cut out and paste into a stamp book. Because readers did exactly that, many Bronze Age Marvels from those years are missing a piece of a page. A cut stamp drops the grade sharply or earns a green qualified label, so "Marvel Value Stamp intact" is a meaningful phrase in a listing.

    Updated Sep 14, 2026

  • News

    The most expensive comic books ever sold: documented record sales

    The record for a single comic is 6 million dollars, paid for a CGC 8.5 copy of Action Comics #1 (1938) at Heritage Auctions in April 2024. Other documented milestone sales include a CGC 7.0 Superman #1 at 5.3 million dollars (private sale, 2022), a CGC 9.6 Amazing Fantasy #15 at 3.6 million dollars (Heritage, September 2021), a CGC 8.5 Action Comics #1 at 3.25 million dollars (ComicConnect, April 2021) and a CGC 9.4 Captain America Comics #1 at 3.12 million dollars (Heritage, April 2022).

    Updated Sep 14, 2026

  • Characters

    What is the first appearance of Superman?

    Superman first appeared in Action Comics #1, cover-dated June 1938 and on sale in April 1938, created by writer Jerry Siegel and artist Joe Shuster and published by Detective Comics, Inc., the company that became DC Comics. It is the first superhero comic and the most valuable comic book in the world: a CGC 8.5 copy sold for 6 million dollars in April 2024.

    Updated Sep 14, 2026