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Vampirella 1 is one of the Warren/Curtis magazine group's experiments, and this was by far the most successful.
The Comics Code Authority stamp continued to appear on the front of comic books well into the 1970s. The Code was responsible for (effectively) censorship of comics: certain imagery, language, even words or phrases in titles of books, were not allowed.
Marvel challenged the legality of the Comics Code for content published in magazines. It was decreed that magazines were not subject to the Code's authority.
The response was a series of black and white comic books published in magazine format. Vampirella was the beginning, with perhaps the most famous issue of all being Savage Tales #1 of 1971, which introduced Man-Thing.
I am not aware of any reason why Vampi #1 is suddenly hotter. It could be a case of a rising tide lifting all boats; or there might be rumor about a movie or TV treatment.
Sometimes with the 100 Hot Comics list, it's easier for me to avoid speculation and just report my findings. I'll leave it up to you to figure out whether the WHY is important or not.
Prices are all over the place on this book!
It's likely that sellers have no idea what to price it at, and this can create opportunity for the smart buyer. But don't fall into the trap of snapping up the first decent copy you see -- other people doing so is the only explanation for the prices I'm seeing.
Here are some recent sales:
Looking at these results, the value seems to be around the VF range -- aim for a repeat of that 7.5 price and you'll be in good shape.
This is the kind of book which gets listed as buy it now or best offer. You can always request a free comic book appraisal from us if you don't know how much to bid.
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