FLOAT

FLOAT 100 · Comics · No. 60

The Incredible Hulk #180

Marvel's editor wanted a Canadian superhero, so in the last panel of a 25-cent Hulk comic set in the Canadian wilds, a small masked man showed up for the first time, and collectors have argued ever since about whether that counts.

Year
1974
Maker
Marvel Comics
By price in comics
75 of 100
Realized private sale · Sep 15, 2026$640A realized sale: somebody paid it.

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On sale
July 2, 1974 (cover date October 1974)
Publisher
Marvel Comics Group; Roy Thomas, editor
Creators
Len Wein (script), Herb Trimpe (pencils, cover), Jack Abel (inks), Glynis Wein (colors), Artie Simek (letters)
Cover price
25 cents, 36 pages; the lead story runs 18 pages
Story
"And the Wind Howls... Wendigo!" (the cover reads "Howled")
Why it matters
Wolverine's first appearance, in the issue's final panel; his first full appearance follows in #181
Also inside
Marvel Value Stamp #67 (Cyclops) on the letters page
Entry described here
A copy graded CGC 5.5
On the grading census
9,499 copies graded; 98 at 9.8 and none higher (as published October 2026)
Highest verified price
$40,800 for a CGC 9.8, reported as a 2021 sale

A Canadian hero, to order

Wolverine began as an editorial assignment. Roy Thomas, Marvel's editor-in-chief, wanted a Canadian superhero, and decided the wolverine was a typically Canadian animal that could inspire one. He asked writer Len Wein and art director John Romita Sr. to come up with a character of Canadian origin named Wolverine.

Romita designed the costume and the proportions. He decided the character would stand 5 feet 3 inches, reflecting the small size of real wolverines, and said he always pictured the claws as retractable: "If a man has claws like that, how does he scratch his nose or tie his shoelaces?" In Wein's original conception, Wolverine was a young adult whose adamantium claws were part of his gloves.

Nobody expected much. According to Herb Trimpe, who drew the first published appearance, Wolverine was conceived as a minor character with no plans for continuing popularity. Trimpe said in 2009 that he "distinctly remembers" Romita's sketch and that Romita and Wein "sewed the monster together" while he "shocked it to life." Though sometimes credited as a co-creator, Trimpe denied having any role in creating the character.

Inside the issue

The story finds the Hulk in Canada looking for peace and quiet. He is drawn to a cave where Marie Cartier, sister of the man who became the Wendigo, and her companion Georges plan to transfer the Wendigo curse to the Hulk and restore her brother, Paul Cartier. Her magic falls short, the Wendigo arrives, and the Hulk wakes up to fight it. Meanwhile the Canadian government sends its own agent to deal with the reported Hulk sighting: the mutant known as Wolverine.

That agent appears only in the final teaser panel, which is why this issue is usually described as a cameo. Wein wrote the script, Trimpe penciled, Jack Abel inked, Glynis Wein colored and Artie Simek lettered, with Roy Thomas credited as editor. An indexer note records alterations by John Romita to the Hulk on Trimpe's cover. Thunderbolt Ross, Betty Ross and Glen Talbot also appear.

For identification, the original carries a 25-cent price and an October 1974 cover date. The letters page, between story pages 11 and 12, includes Marvel Value Stamp #67, picturing Cyclops. The story has been reprinted widely, including in Incredible Hulk and Wolverine (1986) and in facsimile editions in March 2020 and September 2023.

Cameo or first appearance?

Wolverine's debut has been argued over for decades. One account traces how the leading annual price guide shifted: its 1980 edition gave this issue no notation and listed #181 as the first appearance; the following year it called #180 the first appearance; and in 1982 it changed again, labeling #180 a cameo and #181 an appearance.

Marvel, by the same account, has called #180 Wolverine's first appearance and tried to retire "cameo" as a term, though it has not been consistent across its own guidebooks and trading cards. The comics database and major auction catalogs describe this issue as a cameo in the last panel, with the first full appearance in #181 (November 1974).

The market has mostly sided with the full appearance. In April 2025, a CGC 9.8 of #181 sold for $50,969, and the census then listed more than 18,000 copies of #181, with 168 at 9.8 and one at 9.9. A dealer's market report on #180 called a first cameo "not a big deal" and argued that high-grade #181 was the better book.

Summer 1974

The issue reached newsstands on July 2, 1974, the day after Six Flags Great Adventure opened and about a week after the first Universal Product Code was scanned, on a pack of chewing gum in Troy, Ohio.

Watergate dominated everything else. On July 24 the Supreme Court ruled 8 to 0 that President Nixon had to surrender the subpoenaed White House tapes, and from July 27 to 30 the House Judiciary Committee adopted three articles of impeachment. On August 7 Philippe Petit walked a high wire between the twin towers of the World Trade Center, and on August 9 Nixon became the first president to resign. Wolverine's full appearance came in the next issue, cover-dated November 1974.

The copies and the prices

The census listed 9,499 graded copies when checked in October 2026: 8,701 universal, 610 signature series and 188 restored. Nothing has graded above 9.8, where 98 copies sit. In February 2018 the census showed 102 copies at 9.6 with 33 higher; by December 2023 it showed 334 at 9.4 with 249 higher.

The record is a CGC 9.8 that sold for $40,800, the highest price at its auction house for the issue; a secondary account dates the sale to 2021, at the top of the pandemic-era market, and says later 9.8 copies sold for $15,000 or less. A dealer's 2022 report noted only one sale at that level, with the next at $25,500.

The grade this entry tracks, 5.5, is a common one: 571 copies, 530 of them universal. The entry's record cites a CGC 5.5 sale of $469.88 in November 2023, but the cited page could not be loaded to verify it, so it is not listed as a price here.

From last panel to leading man

After the Hulk story, Wolverine's next appearance was in Giant-Size X-Men #1 (May 1975), again written by Wein, where he was recruited for a new X-Men team. In the revived X-Men, Chris Claremont considered dropping him until artist John Byrne, himself Canadian, championed the character. He was first drawn unmasked in X-Men #98 (April 1976), and his name was revealed as Logan in #103 (February 1977); Claremont took it from Canada's Mount Logan, liking "the idea [of] the tallest mountain being the name of the shortest character."

A 1982 limited series by Claremont and Frank Miller made him a standalone star and gave him his catchphrase: "I'm the best there is at what I do, but what I do best isn't very nice." Since 1988 he has often had his own ongoing series.

Outside comics, X-Men: The Animated Series (1992 to 1997) introduced him to a mass audience, and Hugh Jackman has played him in ten films, from X-Men (2000) to Deadpool & Wolverine (2024).

The numbers

Print run
No figure verified; not stated by the sources used
CGC census, October 2026
9,499 copies graded: 8,701 universal, 610 signature series, 188 restored
Highest grade
9.8: 98 copies (96 universal), none higher (October 2026)
CGC census, February 2018
102 at 9.6, 33 higher
CGC census, December 2023
334 at 9.4, 249 higher
Copies at 5.5, October 2026
571 (530 universal)
Cover price
25 cents, 36 pages

Timeline

  1. The Incredible Hulk #180 goes on sale, cover-dated October 1974, with Wolverine in the final panel.

  2. The Incredible Hulk #181 gives Wolverine his first full appearance.

  3. Wolverine joins a new X-Men team in Giant-Size X-Men #1.

  4. X-Men is revived with issue #94 by Claremont and Cockrum.

  5. Wolverine is first drawn without his mask, in X-Men #98.

  6. His name is revealed as Logan in X-Men #103.

  7. The leading price guide lists #181, not #180, as Wolverine's first appearance.

  8. The same guide calls #180 the first appearance.

  9. The guide relabels #180 a cameo; Wolverine gets his first limited series.

  10. Incredible Hulk and Wolverine reprints issues #180 and #181.

  11. Hugh Jackman first plays Wolverine in X-Men.

  12. Herb Trimpe describes Romita and Wein as Wolverine's creators.

  13. A CGC 9.6 sells at auction; the census shows 102 at 9.6 and 33 higher.

  14. Marvel publishes a facsimile edition of the issue.

  15. A CGC 9.8 sells for $40,800, the issue's highest verified price.

  16. A second facsimile edition is published.

  17. Jackman plays Wolverine for the tenth time, in Deadpool & Wolverine.

  18. The census lists 9,499 graded copies, 98 at 9.8 and none higher.

The world in 1974

  • The Universal Product Code is scanned for the first time, in Troy, Ohio.

  • Six Flags Great Adventure opens for the first time.

  • The Supreme Court orders President Nixon to surrender the Watergate tapes.

  • The House Judiciary Committee begins adopting articles of impeachment against Nixon.

  • Philippe Petit walks a high wire between the World Trade Center towers.

  • Richard Nixon resigns, and Gerald Ford becomes president.

Price record

DatePriceKind
2021$40,800Sold at auctionCGC 9.8; the selling house's record for the issue. Year from a secondary account.

A realized private sale is a completed transaction outside an auction room. The amount is what changed hands on the date shown. Private sales are reported less consistently than auction results, so a single comparable carries less weight than a run of them.

By reference price, The Incredible Hulk #180 is number 75 of 100 in the comics entries of the FLOAT 100. 92 of those 100 rest on a realized sale; the rest carry an asking price or a guide value, and each page says which. Rank within the FLOAT 100 itself (60 here) is editorial: how much an object defines its field, not price alone.

Did you know

  • Wolverine was invented because Roy Thomas wanted a Canadian superhero, and the wolverine struck him as a typically Canadian animal.
  • John Romita made Wolverine 5 feet 3 inches tall to match the small size of real wolverines.
  • Herb Trimpe, who drew Wolverine first, denied being one of his creators.
  • In Len Wein's original idea, the claws were part of Wolverine's gloves.
  • Chris Claremont named him Logan after Canada's tallest mountain, Mount Logan, because he liked giving the shortest character the tallest mountain's name.
  • The letters page carries a clip-out Marvel Value Stamp of Cyclops, a future X-Men teammate of Wolverine.
  • The issue went on sale about five weeks before Richard Nixon resigned.
How this page is made
The figure
One reference price, shown with its own kind. FLOAT does not average it with anything or adjust it for time.
Realized or not
A realized price is a completed sale. An asking price, an estimate and a price-guide value are not sales, and are labeled as such wherever they appear.
The story
Researched from published records and checked fact by fact. Updated Oct 1, 2026.
Archive
Oct 5, 2026