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This is a factory packaging error from the 1995 Spawn Series 2 run: a Commando Spawn figure sealed at the factory onto a Chapel card. The card front carries Chapel's nameplate, Rob Liefeld's Youngblood branding, and Chapel's printed feature callouts, while the figure in the blister is unmistakably Commando Spawn with his heavy weapons loadout. It left the line this way and has never been opened.
The card itself adds a second layer of history: it carries the Todd Toys logo, the original name of Todd McFarlane's toy company before the late-1995 rename to McFarlane Toys, which places this in the earliest stretch of Spawn toy production. Factory mispacks from this era are scarce, unrepeatable oddities; for error collectors and Spawn completists this is the kind of piece that does not come around on a schedule.
Condition is disclosed plainly: paper loss at the upper left corner of the card back and corner and edge wear throughout, with the blister intact and contents factory sealed. Sold exactly as shown; see photos for the precise state of card and contents.
*PHOTO DISCLAIMER: All photos are of the actual items, unless marked as pre-order. For multiple-item listings, photos represent similar quality. Additional photos are available upon request.