Are you talking about #1 of the 4-issue mini-series, or the first issue of Wolverine's own series? The mini-series one is worth more, I believe. If you were selling this one, I would start the bidding at $9.99. I'm sure people would bid on it, and it would go for more than that. If you were selling the other issue, I would start it lower than that, maybe $4.50. Just yesterday, this issue sold for $10.50 with a starting bid of $4.50. If this doesn't seem like much, remember that it's extremely hard to get guide prices these days (except on CGC graded books).
Well, if its the series (not the mini series) in good condtion- i bought one last year at a comic convention for $50.00. (there were alot of them for way more and few for less) But i would not take less than $30.00 for an orignal in decent shape.