Through the years, Soundwave has been represented in toy form a number of times, with a greater or lesser degree of accuracy. For the most part only the earlier toys are significant, because later incarnations consisted simply of the name thoughtlessly slapped onto an utterly unsuitable form, which cannot in any possible way be considered a toy-incarnation of Soundwave. Such items include the eye-searing dayglo-yellow G2 Go-bot abomination, the entirely ludicrous notion of a Laser Cycle which was almost produced (but thankfully scrapped at the last moment), and the pathetic Machine Wars repaint which by its colors alone cannot count as an acceptable representation of Soundwave. Such toys won't even be considered here, as they're not worthy of inclusion. What we're left with is the original toy, the Japanese Soundblaster toy, the Action Master, a couple of Japanese "Junior" figures, the Takara re-release, and the odd knock-off curiosity or precursor.
The one that started it all ... the original Soundwave toy. His copyright dates read 1973 and 1983, the earlier one referring to an older toy line from which the molds to the Transformers were taken. According to the image out of the instruction book, the toy had a small Decepticon symbol on his chest when he was first released, but this was quickly changed to a heat-sensitive rub symbol when other toy companies began to cash in on the success of the Transformers by turning out cheap rip-off clones. The rub symbol was meant to confirm the authenticity of a genuine Transformer. Needless to say, the image that appears on Soundwave's rub symbol is the Decepticon emblem ... however, an amusing (or offensive?) blunder was made on some of the Canadian packaging, where Soundwave's allegiance was mistakenly listed as "Autobot".
In the American Hasbro catalogs, this original toy was numbered 24, while in the Japanese catalogs he was listed as number 17. In either case, he was part of the group of initially-released figures that kicked off the mass-market cultural phenomenon of the Transformers.
Below is a pic of the original box as released in the U.S.:
A special treat - here is a toy commercial featuring Soundwave, dating from the whereabouts of 1985. Unfortunately we have to put up with Blaster and Prime too, but I suppose Soundwave & Co. need someone to defeat:
And another cool find:
Check out Soundwave's original U.S. Patent File (off-site). There are 5 pages total, and it's quite an interesting document, showing sketches of the toy from every angle.
Of special note: Here is the sticker map of Soundwave's decals, as provided by ReproLabels. If you have lost or worn away your Soundwave toys's stickers over the years, you will find an absolutely perfect replacement set at ReproLabels. These are professional-quality and accurate to the smallest detail, pre-cut and ready to be applied. Specifically Soundwave's sticker order page is here.
Soundwave, as packaged in most countries, came with Buzzsaw (except for the Japanese version, see below) - perhaps another indication of the character's nature in that he's always relating to someone, rather than being presented alone. This European version, which featured all packaging text in four languages, came with an interesting Buzzsaw variant - the design on the underside of the cassette and wings was painted rather than formed by stickers.
And here's that Japanese version. As you can see, he came with Frenzy rather than Buzzsaw - as well as with headphones and a microphone, perhaps to further play upon the concept of "Robots in Disguise."
A Soundwave and Grimlock boxed set from Japan, a picture I cribbed from Ebay, showing a rather ratty box that's missing some pieces. If you look close, you can see that this Soundwave comes with Rumble. Can't tell the date on this one, though it surely came out when the other "vs" sets did in the mid-to-late 80's. I have a hard time thinking of this pair as "Soundwave vs Grimlock," however; check out the TFDD Mush log War of the Dinobots to see why.
Soundblaster, from Japan. Essentially the same as the original Soundwave, except now in black. While blue, and not black, really is Soundwave's color, one must admit that the toy does look impressive in that shade. Also changed is the chest compartment, enlarged so he could hold the later, slightly larger cassettes (from Ratbat onward) who were just the tiniest bit too big to fit into the original Soundwave. More than that, he can now hold two tapes!
Although the copyright date on the toy remains unchanged (1983), the paperwork is marked 1987. This coincides with the run of the Japanese Headmaster series in which the character appeared. According to the story, Soundwave and Blaster at one point practically kill one another. While the Autobots were moping around over Blaster's "death," Soundwave's tapes actively set about rebuilding him. Thus repaired and re-colored, he was also slightly re-named.
Like the original, the toy came with Buzzsaw, who shows some very minor sticker variations from the original. By this time the Japanese had started labeling the toys "C" (for "Cybertron"=Autobots) and "D" (for "Destron"=Decepticons), and so Soundblaster's number was D-101. The pictured trading card came with the toy.