When Spawn #1 launched in May 1992, it sold 1.7 million copies — a record for an independent/creator-owned comic that still stands (source: Comichron, Wikipedia). It was the founding statement of Image Comics, launched by seven star artists who walked out of Marvel. For collectors, though, #1 remains very affordable: an eBay median of €15 across all editions (102 active listings, June 24, 2026, via our estimator) — a direct consequence of that colossal print run.

The original Spawn series isn't just a comic: it's the birth certificate of the modern creator-owned model. Todd McFarlane, then a Marvel superstar, left the publisher to co-found Image and publish his own characters. Spawn became the showcase for that gamble.

This analysis sticks to the verifiable: documented sales figures (Comichron, Wikipedia) and a real-time eBay median via our estimator. When a figure can't be verified, we state it qualitatively rather than inventing it.

1992: why McFarlane left Marvel

Todd McFarlane was one of Marvel's most bankable artists. He drew The Amazing Spider-Man from #298 (1988) through #328 (1990), then launched the adjectiveless Spider-Man title whose #1 (1990) sold roughly 2.5 million copies (source: Wikipedia) — a monthly-comic sales record at the time. But in November 1991, frustrated by editorial constraints, he left the title after issue #16.

In 1992, McFarlane co-founded Image Comics with six other star artists who had left Marvel (among them Jim Lee, Rob Liefeld, Marc Silvestri, Erik Larsen). The idea: own your creations rather than work on publisher-owned characters. Early Image titles were distributed through Malibu.

The Spawn #1 phenomenon: 1.7 million copies

Spawn #1 shipped in May 1992, Image's second release after Rob Liefeld's Youngblood the month before. The sales figures were spectacular (source: Comichron):

Distribution channelCopies (Spawn #1)
Direct market (comic shops)1.25 million
Newsstand200,000
Anco multipacks250,000
Reported total1.7 million

For the full year 1992, Spawn #1 ranked 8th in units ordered at Diamond (source: Comichron). That 1.7-million total remains, by documented record, the high mark for an independent / creator-owned comic.

What that print run means for collectors

The logic is unforgiving: a comic that sold 1.7 million copies is not rare. That's exactly what current values confirm.

Medians = active eBay listings, all editions and grades combined (our estimator, eBay.fr + eBay.com), as of June 24, 2026.

Where the value actually hides in the first series

If the "all editions" median is low, the standout value is elsewhere:

Own a Spawn #1 or another issue from the original series? Get a free valuation with our tool based on real eBay sales to find its low, median and high value.