Conan #1 has consistently been a sought after Bronze Age comic. but it isn’t without it’s issues. Conan is a character that just won’t go away. The 1970’s comic was very popular, but it did bring some of the first comic book speculators out of the woodwork so there are a lot of copies available in the marketplace. Since price is a factor of supply and demand, the supply situation has always had an affect on price.
On the flip side, the Arnold movies, Dark Horse series, and now another movie remake keep the demand for this character in a constant state of flux! Take a look at what current copies are selling for below so you have a good idea of the current value.