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The value of a magazine has little to do with the year. Collectors generally seek magazines that are rare (there were not a lot of them made), or magazines about a certain famous person. Collectible magazines must also be in excellent condition. I'd suggest you seek out a site like eBay and see what magazines from 1978-1979 are selling for.
Time magazine has named a "Person of the Year" for over 70 years, recognizing individuals or groups that have had significant impact on the world, for better or for worse.
Will Smith<3
Magazines, fruit, TV time.
How much money is spent on magazines each year?
Pope Francis won time's 2013 person of the year.
Awards: Person of the Year, Time, 1999.
The Time Magazine person of the year were the ebola fighters.
Adolf Hitler was named Time Magazine's Person of the Year in 1938.
Time magazine's 1977 "Man of the Year" was Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin for their efforts in the peace negotiations between Egypt and Israel. This award was later renamed "Person of the Year" to be more inclusive of all genders.
Time Magazine Person of the Year was not yet established in 1846.