Valuable Vintage Dungeons and Dragons Magazines in 2025

Most Expansive Dungeons and Dragons Magazines in 2025

It's hard to imagine it in the internet age, but magazines used to be huge business. Every hobby had one or more of them supporting it.

The first TSR magazine was called The Strategic Review, partially dedicated to D&D, but also including war gaming material.

Started in 1975, it ran for just seven issues before the company changed its focus.

TSR's two official D&D titles were Dragon Magazine and Dungeon (Adventures) Magazine.

Dragon was the primary source of news, information and ideas for the D&D universe.

Dungeon was a publication dedicated to modules, playable adventures written either by professionals or fans.

There are other collectible magazines in this milieu.

Although it was never officially a D&D title, White Dwarf magazine, published by Games Workshop in the UK, published a lot of RPG material.

It has a strong collector following and early issues can be valuable today.

Some fanzines and other non-official publications can have value today too. We will round these up over time.

If you have an old collection of Dungeon Magazine, Dragon Magazine, fanzines, or White Dwarf Magazine, then we're here to help.

We provide free appraisals and make offers to buy collections where they fit our requirements.

Click here to get started.

Valuable Dungeons and Dragons Magazines in 2025

1) The Strategic Review

Strategic Review #1 (1975)

Record price $375

This magazine ran for just seven issues, prior to the launch of Dragon in 1976, when it became apparent to TSR that D&D had outgrown its roots and had traction all of its own.

The record sale is for a CGC 7.5 and is the only graded sale currently recorded in the census.

2) Dragon Magazine

Dragon Magazine #1 (1976)

Lowest price $500

Average price $1,000

Record price $8,000

This is the issue which started it all for TSR -- at least in the magazine world. Periodicals enjoyed a symbiotic relationship with hobbies. Without one, the other could not exist.

Arguably, Dragon Magazine helped establish Dungeons and Dragons as "serious" in the wider world of commerce.

The record price was set for a CGC 9.6. Surely, if a 9.8 comes to market then it will break the five-figure barrier.

Dragon Magazine #4

Lowest price $20

Average price $50

Record price $300

Dragon Magazine #7 (Vol. II #1)

Lowest price $10

Average price $40

Record price $245

Dragon Magazine #43

Record price $350

3) Dungeon Adventures Magazine

Dungeon Adventures #1 (1986)

Lowest price $25

Average price $100

Record price $380

The record sale is for a CGC 9.4. Exercise caution in a developing market -- the next-best sale was for a much lower-grade 7.0 for $344!

4) White Dwarf magazine

White Dwarf Magazine #1 (1977)

Minimum value $

Average value $

Record sale $686

What does a UK games company have to do with Dungeons and Dragons? Games Workshop was the official licensed manufacturer of Dungeons and Dragons miniatures for a two-year period in the 1980s.

Beyond this tenuous connection, White Dwarf magazine wasn't just a mouthpiece for GW's products (or at least, not in the early days). They published many articles relating to war gaming and roleplaying.

CGC doesn't record any sales of White Dwarf yet. But it will in time. Watch this space. The record sale is for a very nice raw copy which sold on eBay in December 2024.

5) Dungeons and Dragons Fanzines

These were unofficial publications, run as hobbies by fans of tabletop roleplaying games. Some are quite rare, as you can see from the prices realized below.

Dungeons and Dragons Fanzine: Illusionist's Vision

Average price $40

Dungeons and Dragons Fanzine: Troll Crusher

Average price $60

Dungeons and Dragons Fanzine: Idolum Quarterly

Average price $100

Links to Our Dungeons and Dragons Collectibles Articles

More of Our Dungeons and Dragons Price Guides

Comics and Collectibles Near ME is buying Dungeons and Dragons Magazines