The Comet is said to be the first ever fanzine published. It is a fanzine that was published in 1930 in the U.S.A. by Raymond Palmer.
The Comet is widely acknowledged as being the first science fiction fanzine ever published. It was edited by Raymond Arthur Palmer and published by the Science Correspondence Club.
The design looks basic in the title is positioned centrally at the top like a banner with a bordered image positioned below. The layout is basic and it appears to be handrawn onto plain low quality paper. I don’t think this would have been mass produced because it is very niche and that creating plates for printing would be highly expensive considering the output quantities wanted.