16 Rare Action Figures That Are a Must-Have for Collectors
For serious collectors, rare action figures are more than just toys; they are valuable pieces of history. Whether it’s a limited edition or a prototype that was never mass-produced, these figures hold a special place in the hearts of collectors. Some action figures become highly sought after for their uniqueness, while others gain value over time due to their connection to iconic characters. Collectors constantly search for these rare treasures to complete their collections or to make a profitable investment. These figures often come with impressive price tags, reflecting their scarcity and the demand for them. From vintage Star Wars figures to limited-edition superhero collectibles, a wide range of rare action figures attracts collectors worldwide.
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Boba Fett (Prototype)

The Boba Fett prototype action figure, produced in the late 1970s, is one of the rarest Star Wars collectibles. This particular figure, with its unique and unpainted design, was intended to test out the mechanics and look of the character before mass production. Due to its extremely limited run and the fact that only a handful were ever produced, it is highly valuable among Star Wars fans and collectors alike. Finding one in good condition can set collectors back tens of thousands of dollars.
The Boba Fett prototype has become a legendary piece in the world of Star Wars collectibles, fetching prices ranging from $100,000 to $200,000 depending on its condition and provenance. The figure’s rarity and historical significance in the Star Wars franchise contribute to its high market value.
Estimated Market Value: $100,000 – $200,000
Superman (Mego 12-inch)

The Mego 12-inch Superman action figure, released in 1972, is a must-have for any serious collector of vintage superhero toys. As part of the Mego World’s Greatest Superheroes series, this action figure was one of the first to accurately portray Superman with his iconic red and blue suit. Over time, the figure has become rare, with many of its counterparts either lost or damaged.
With its size and detailed design, the Mego Superman is a prized possession. Collectors eagerly seek this figure, especially in its original packaging. This figure can fetch anywhere from $800 to $1,500, depending on the condition and whether it’s still sealed in its packaging.
Estimated Market Value: $800 – $1,500
Kenner Rocket-Firing Boba Fett

Before the release of the fully functional Boba Fett action figure, Kenner produced a version of the character with a rocket-firing mechanism. However, due to safety concerns, the rocket-firing feature was quickly removed from production. The limited number of these figures that were made with the feature intact has made them incredibly valuable.
This figure remains a holy grail among Star Wars action figure collectors. Its rarity and the unique features it offers make it one of the most expensive Star Wars collectibles. A rocket-firing Boba Fett figure can fetch up to $100,000 at auctions, depending on condition and packaging.
Estimated Market Value: $50,000 – $100,000
Michelangelo (Teenage Mutant Ninja Turtles, 1988)

Released in 1988, the original Michelangelo action figure from the Teenage Mutant Ninja Turtles series is a highly sought-after collector’s item. What makes this figure rare is the lack of some of its original accessories, such as his nunchucks, which were removed from production due to concerns over safety. Many collectors look for the figure in its original packaging, which only adds to its value.
The Michelangelo figure, especially when it comes with its original nunchucks and packaging, can be worth between $1,000 and $3,000, with prices often increasing at auctions where multiple bidders are involved. The nostalgia and ongoing popularity of the Teenage Mutant Ninja Turtles contribute to its lasting demand.
Estimated Market Value: $1,000 – $3,000
Star Wars Vinyl Cape Jawa

Released by Kenner in 1978, the Vinyl Cape Jawa is one of the most coveted action figures in the Star Wars franchise. The figure was originally sold with a vinyl cape, but a quick design change led to most of the figures being produced with a cloth cape instead. This makes the Vinyl Cape Jawa a rare find for collectors looking for that specific variation.
The rarity and historical significance of the figure make it a highly valuable piece in Star Wars memorabilia. A good-condition Vinyl Cape Jawa can sell for as much as $30,000 at auction, especially if it comes with its original packaging.
Estimated Market Value: $15,000 – $30,000
GI Joe 1964 Prototype

The original GI Joe action figures from 1964 are among the first true “action figures” ever created, and their prototypes are highly sought after by collectors. These figures were initially designed as 12-inch dolls but were reworked to create the more iconic 3.75-inch versions that we know today. Early prototypes, especially those in pristine condition, are incredibly rare.
A 1964 GI Joe prototype, particularly one from the first wave of production, can fetch prices between $10,000 and $50,000, depending on the figure’s condition and rarity. These figures remain valuable because of their historical importance in the toy industry.
Estimated Market Value: $10,000 – $50,000
The Six Million Dollar Man – Steve Austin (Kenner)

Released by Kenner in 1975, the Six Million Dollar Man Steve Austin action figure became an instant classic among collectors. Based on the iconic character from the 1970s television show, the figure featured a variety of accessories, including a bionic arm and a detachable eye. Despite being mass-produced, the figure remains scarce in good condition, especially with all the original accessories.
Collectors can expect to pay anywhere from $800 to $2,500 for a Six Million Dollar Man figure, with sealed figures in pristine condition reaching the highest prices. The nostalgia surrounding the show and the character’s popularity continue to drive demand.
Estimated Market Value: $800 – $2,500
Star Wars Han Solo

The Han Solo action figure from 1978, featuring the rare double-telescoping lightsaber, is a standout in the Star Wars collection. While most lightsaber action figures only had a single extendable saber, the double-telescoping version has two telescoping sections, making it an extremely rare and valuable figure. Only a small batch of these figures was produced before production changes were made.
A Han Solo with a double-telescoping lightsaber can command prices of up to $40,000, depending on the condition and whether it’s in its original packaging. This rarity makes it a top prize for collectors of vintage Star Wars figures.
Estimated Market Value: $20,000 – $40,000
Planet of the Apes – Dr. Zaius (Original 1968)

The original 1968 Dr. Zaius action figure from the Planet of the Apes series is one of the most valuable items from the franchise. Released by Mego, this figure became an instant hit, capturing the essence of the character from the classic movie. The scarcity of the original release and the popularity of the Planet of the Apes series only add to its collectible value.
Collectors often seek the Dr. Zaius figure in its original packaging, which can raise its market value even more. Depending on the condition and rarity, prices for this figure can range from $3,000 to $7,000, making it a must-have for serious collectors.
Estimated Market Value: $3,000 – $7,000
Super Powers – Green Lantern (Kenner)

Kenner’s Super Powers collection, introduced in 1984, included several superhero action figures based on DC Comics characters. The Green Lantern figure, in particular, is highly valued due to its rarity and unique design. The figure came with a lantern accessory and featured a distinctive bright green color that made it stand out from other figures in the series.
Today, Green Lantern figures in good condition can fetch anywhere from $500 to $1,500, with mint-in-box versions commanding the highest prices. The popularity of the Super Powers collection and the ongoing demand for Green Lantern memorabilia continue to fuel this figure’s high market value.
Estimated Market Value: $500 – $1,500
GI Joe 1960s Action Soldier

The original GI Joe action figures from the 1960s are some of the earliest examples of action figures ever produced. The 12-inch Action Soldier figure, in particular, has become a prized collectible among fans. With its realistic features and military-inspired design, it was one of the first figures to break away from the doll-like figures of the past.
Due to the scarcity of early GI Joe figures, prices for the 1960s Action Soldier have risen significantly. A well-preserved figure can be worth between $5,000 and $15,000, making it an attractive option for serious GI Joe collectors.
Estimated Market Value: $5,000 – $15,000
Transformers – Convoy (Takara, 1983)

The original Takara Convoy figure, released in 1983 as part of the early Transformers toyline, remains one of the most iconic action figures from the series. This figure served as the precursor to Optimus Prime and was produced in limited quantities, making it a rare find. The toy is revered for its detailed transformation mechanism and timeless design.
Collectors can expect to pay upwards of $2,000 for a well-maintained Convoy figure, with boxed versions reaching even higher prices. The figure’s connection to the original Transformers series makes it an essential piece for any serious collector.
Estimated Market Value: $2,000 – $5,000
Star Wars – Luke Skywalker (Tatooine)

The Luke Skywalker Tatooine figure from 1978 is one of the most sought-after pieces in the Star Wars collection. This early figure, which was part of the original Kenner Star Wars lineup, features Luke Skywalker dressed in his Tatooine outfit. Because it was part of the first wave of Star Wars figures, it has become an essential item for collectors.
In excellent condition, a Luke Skywalker Tatooine figure can be worth anywhere between $1,500 and $3,000, with versions still sealed in their original packaging fetching much higher prices. Its historical significance in the Star Wars toyline contributes greatly to its market value.
Estimated Market Value: $1,500 – $3,000
Thundercats – Lion-O (LJN, 1985)

The Lion-O figure from LJN’s 1985 Thundercats series is a standout collectible for fans of the franchise. The figure features the iconic Thundercats leader in his battle pose, complete with his sword of omens. Due to the popularity of the Thundercats series during the 1980s, the figure remains highly collectible.
Well-preserved Lion-O figures can range from $300 to $1,500, with boxed and rare variants pushing prices to even higher levels. The Thundercats series’ continued fan base keeps the demand for this action figure strong.
Estimated Market Value: $300 – $1,500
Masters of the Universe – Skeletor (Mattel)

Skeletor, the iconic villain from Mattel’s Masters of the Universe line, has become a prized possession for collectors of vintage action figures. Released in 1982, the Skeletor figure was one of the most detailed figures in the line and continues to hold a special place in the hearts of fans. With its distinctive purple and blue color scheme, it stands out in any collection.
Depending on condition, Skeletor figures can fetch anywhere from $500 to $2,500. Those that are in their original packaging or in mint condition can see prices closer to the upper end of that range.
Estimated Market Value: $500 – $2,500
Star Wars – Chewbacca (First Edition)

The original Chewbacca action figure from 1978 is another highly collectible piece from Kenner’s first wave of Star Wars figures. As one of the key characters from the franchise, the Chewbacca figure remains a favorite among collectors. Its original detailing and sculpt have made it an essential part of any Star Wars collection.
In excellent condition, the Chewbacca first edition figure can be worth between $800 and $1,500. Versions still in their original packaging are particularly valuable, sometimes fetching as much as $2,000.
Estimated Market Value: $800 – $1,500
This article originally appeared on Avocadu.