Cole, Black Shoulder Armor and Mask, Hair

This version of Cole, with his black shoulder armor and mask, is likely to be highly sought after by Ninjago collectors. The unique combination of the pearl gold dragon pattern on the armor, the detailed torso printing, and the tousled hair piece makes him visually striking and distinct from other Cole minifigures.

As a core member of the Ninjago team, Cole's popularity is consistently high. Collectors often seek out variants that represent different stages or special appearances of the character within the Ninjago storyline. The inclusion of new or redesigned elements, such as the shoulder armor, will further increase his desirability.

This minifigure appears in three sets released in 2025. While it's too early to definitively assess its rarity, the number of sets it appears in suggests it may not be exceedingly rare. However, the specific combination of parts and the potential demand from Ninjago enthusiasts could still make it relatively uncommon on the aftermarket, especially if the sets containing him are popular and quickly retired.

Given Cole's enduring popularity and the unique elements in this minifigure, it has potential for moderate investment growth. The sets containing this version are not yet retired, so prices are currently at retail. Once those sets retire, expect to see an uptick in aftermarket value. Keep an eye on the availability and condition of this minifigure, as well as the overall demand for Ninjago collectibles.