Anything from the first 3 films would be a win in my opinion, the question is, would Hot Toys even bother getting the license for those films to make a Jack from them and would they even be able to get Depp on board?
I think the one of the reasons they've done DMTNT Jack again is because Depp is not directly involved this time around, his likeness was likely part of whatever contract he signed with Disney for DMTNT, he even spoke about it in the Depp v Heard trial. Disney is selling merchandise and figures with his likeness and he doesn't get a cent from it. That's why so many companies have kept doing Jack from DMTNT instead of the original trilogy or even OST.