National Lampoon #January 1978

National Lampoon, Inc. (21st Century Communications)National Lampoon Magazine

National Lampoon

Writer

Various (P.J. O'Rourke, Tony Hendra, John Hughes)

Interior Artist

Various (Shary Flenniken, Bobby London, Gahan Wilson)

Cover Artist

Mara McAfee

Publication Date

January 1978

Cover Variant

Regular

Printing

First Printing

Comic Description

A humor magazine featuring the theme 'The Role of Sex in History'. Notable for the 'Pharaoh Phawcett-Majors' cover parodying Farrah Fawcett as a Sphinx. Contains satirical articles, adult comics, and various parodies characteristic of 1970s National Lampoon.

Condition & Value

Condition Grade

Very Good (CGC 4.0)

Condition Details

Visible heavy wear including a significant tear on the left spine edge about 1/3 of the way up, corner blunting on all corners, surface scuffing, and visible tanning/yellowing of the white cover stock. Significant spine stress and possible moisture rippling at the top right.

Estimated Market Value

Raw: $5 - $15 | Graded (9.8): $100 - $150 (Note: This copy is low grade)

Recent Sales

Copies in similar mid-to-low grade condition typically sell on eBay for approximately $8.00 to $12.00 plus shipping. High-grade NM copies reach $40+.

Grading Recommendation

Not worth professional grading. The cost of CGC/CBCS grading (approx. $30-$50) exceeds the market value of a 4.0 copy. Preservation in a poly bag with board is recommended instead.

Notable Features

Iconic Farrah Fawcett parody cover. Features early work by legendary satirists and cartoonist Gahan Wilson. Includes 'The Role of Sex in History' feature and 'Foto Funnies'.

Authentication Notes

Authentic 1978 newsstand-style humor magazine. Paper stock is standard period newsprint/slick hybrid which shows expected age-related tanning. Logo and pricing ($1.50) match original production runs.

Scanned on 6/1/2026