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The Punisher War Journal #38 cover
Cover: Kevin Kobasic & Ron Wagner

The Punisher War Journal #38

Jan 1992 · Marvel · 1.75 USD; 2.15 CAD; 0.95 GBP
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“Terminal Velocity”

The tagline says it all — "Two Men, One Parachute, No Joke" — and the cover by Kevin Kobasic and Ron Wagner delivers exactly that gut-punch premise, showing the Punisher locked in a mid-air brawl with a yellow-jumpsuited opponent as both plummet toward the earth below. Knives are out, grips are desperate, and the sheer drop visible beneath them makes this one of the more viscerally tense cover images Marvel published in 1992. Chuck Dixon's "Terminal Velocity" promises exactly the kind of stripped-down, high-stakes action that made Punisher War Journal a standout title.

writer Chuck Dixon · artist Ron Wagner · inker Mike Witherby · colorist Gregory Wright · letterer Jim Novak · cover Kevin Kobasic, Ron Wagner

ComicBooks.com Value

Our Model is In Beta
Raw (NM) $5
CGC 9.8 · 7 in census $62*
CGC 9.6 · 1 in census $30*
CGC 9.4 · 1 in census $30*
CGC 9.2 none in existence
CGC 9.0 · 2 in census $30*
CGC 8.5 · 2 in census $30*
* estimate — limited direct-sales data at this grade
Our model’s value — refined as new sales data arrives · CGC census counts shown where available

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Full credits

artist Ron Wagner
letterer Jim Novak
cover pencils Kevin Kobasic
cover inks Ron Wagner

Reprints

Reprinted in Magnum #8/1993 (1993)

Key issues in The Punisher War Journal

Variants (1)

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