SUMMARY
The Top Toys Kobra Khan features dark green tones, light brown scales with no divisions (the Taiwan Kobra Khan has scale separations), and light green eyeliner. The torso arm peg has square arm pegs, unique to Top Toys figures.
In Argentina, five different variants of Kobra Khan were introduced. The standard figure has regular (skinny) legs and two painted scales on the back. An additional, standard figure has three painted scales. The following variant is the reedition. This figure is identical to the standard figure, except for large muscular legs. It can come in 2 painted stripes, or 3 stripes.
The last is the Celeste variant. This figure is like the standard but has a different color scheme. It has pink scales, a blue belt, and blue eyeliner. Of those 3, the celeste variant is the rarest, seldom seen.
The gun is bright orange, rigid, and has a single-digit batch number (such as an 8).
For the purpose of this guide, I am considering the "Kobra Khan Camuflado" a separate character altogether. Find the guide to the Camuflado here.