San Francisco pop culture design house Super7 has been making very cool action figures (and other stuff) since 2001, including a sizable music-themed collection, with a focus on heavy metal. They've done multiple 3.75" ReAction figures based on King Diamond before, and now they've made a new 7" figure available, part of their "ULTIMATES!" collection. This one shows Mercyful Fate-era King Diamond, and you can take a look at it below.
In addition to the corpse-painted face he's wearing, King Diamond comes with a no-makeup face, wearing sunglasses, and a face made up in the style of Mercyful Fate's debut. He also comes with interchangeable hands: fists, gripping hands, "expressive hands" that look like they might be gripping invisible oranges, and an extra right hand throwing horns.