January 1, 1976. A Holmstrom-drawn caricature of Lou Reed graces the cover; inside is a four-page comic strip interview with Reed. There's also a feature on Marlon Brando: The Original Punk, as well as a Legs McNeil "Famous Persons Interview" with cartoon personality Sluggo ("It gets tiring playing a stupid tramp). NEAR FINE.

One of the most significant collectibles of the early punk era.