Punisher War Journal #38 (1992) — Comic Book Value

Punisher War Journal

What Punisher War Journal #38 (1992) is worth — ungraded and CGC graded (6.0, 8.0).

Punisher War Journal #38 (1992) value — Ungraded $2 · Grade 6.0 $8 · Grade 8.0 $41. Prices updated August 2026.

Series · Punisher War Journal
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Value by grade
$2
Ungraded
4.0×
$8
Grade 6.0
20.5×
$41
Grade 8.0

Real sold prices per grade — the Grade 8.0 premium on this card is 20.5× raw.

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Which version do you have?

For the absolute cheapest way to own Punisher War Journal #38, grab the Newsstand version for $3. The Standard version at $2 is actually cheaper, so that's your budget choice. The difference between the two is minimal, offering no significant premium in terms of edition or scarcity. If you are strictly looking to own the comic cheaply, buy the Standard.

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Item details

Series
Punisher War Journal

Punisher War Journal #38 (1992) comic value

An ungraded copy of Punisher War Journal #38 (1992) averages around $2. A CGC 6.0 runs about $8, and a CGC 8.0 commands $41.

What drives the price

Grade is everything in comics — spine ticks, page color, and restoration decide the number, and the jump from raw to high grade can be 10×+. Key issues (first appearances, origins, deaths) carry the biggest premiums, and early printings beat reprints.

Price guide

Sold values by grade vs. what sellers ask today

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ConditionValueBased on
Ungraded$2eBay sold comps
Grade 6.0$8eBay sold comps
Grade 8.0$41eBay sold comps

Frequently asked questions

What is the starting price for this comic?
The ungraded copy of Punisher War Journal #38 is available for purchase.
How much is the comic in good condition?
A copy graded 6.0 is listed for $12, and a higher grade of 8.0 is priced at $41.
Is this comic rare?
It is part of the Punisher War Journal series, with specific pricing based on its condition.

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