In mathematical physics, Communications in Mathematical Physics is among the top journals I guess.
There are two other journals I would consider to be above average: Advances in Theoretical and Mathematical Physics and the Journal of High Energy Physics, which publish lots of high-quality mathematical physics papers, especially at the formal end of hep-th. Of course, I have heard if mentioned in the past that, especially in US maths departments where they care about this sort of things, Communications is considered a mathematics journal, whereas JHEP perhaps is not, the jury still being out on ATMP. Hence if you are a mathematician thinking of publishing a good paper in mathematical physics and want to publish in what potential employers might consider (however narrow-minded this consideration might be) a mathematics journal, then perhaps Communications is the way to go. The quality of papers there is consistently above average.
