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Flash Comics #2

Edition record · February 1940

Price history & market evidence

PriceCharting guide history

Dated guide estimates for this edition, separate from completed sales.

PPCF-0000000475 · TRADINGVIEW VALUATION ENGINE DATED GUIDE
$7,174.23
Stored guide observationsPriceCharting · exact edition

1 dated observation—one point does not establish a trend. Last recorded 2026-10-06. Source record #2335968

Price observations belong to this edition. Guide estimates, catalog references and completed sales are separate kinds of evidence.

GradeAmountEvidenceRecorded
4.0$657.00PANEL_PROFITS · grade_4_0_valueguide1940-02-01
6.0$821.00PANEL_PROFITS · grade_6_0_valueguide1940-02-01
9.2$31,194.79PANEL_PROFITS · grade_9_2_valueguide1940-02-01
9.4$46,381.68PANEL_PROFITS · grade_9_4_valueguide1940-02-01
RAW$7,171.92PANEL_PROFITS · ungraded_valueguide1940-02-01
9.2$96,800.00ComicBase · catalog referencecatalogDate not recorded

Reading this edition’s market

Compare the same cover, printing and grade before setting a bid. A raw guide or a higher-grade price does not establish a slab’s value. Include selling fees, shipping and the depth of completed-sale evidence when assessing an exit price.

The table includes 5 guide observations and 1 catalog references. These are reference values, not guaranteed sale proceeds.

Graded population

CGC records 53 graded copies for Flash Comics #2 (1940). Population is the number recorded by this grading source, not the total print run or all surviving copies.

0.5 · 41.5 · 21.8 · 32.0 · 32.5 · 33.0 · 63.5 · 54.0 · 54.5 · 45.0 · 15.5 · 16.0 · 26.5 · 17.0 · 37.5 · 28.0 · 28.5 · 19.2 · 1

The Flash: "The Terror of Goll"

In 1940, on the stage of the Fancy Follies, a girl named Vi was shot and killed. Theo Parker, a college friend of Joan Williams, explains the murder to her and Joan decides to call the Flash for help. Jay Garrick, noticing Joan, races her cab back home and playfully hid in a closet. He eavesdroped on the conversation between Vi and Joan as they enter. He then ran off to investigate the Fancy Follies dressing room. Meanwhile, Joan goes off to investigate Lord Donelin by herself.

Returning home to find Joan gone, the Flash rushed after her. The Flash arrived at Lord Donelin's apartment before her, and as Joan arrived, rushed her back home. Joan explained that Goll and his crooks were terrorizing the entertainment industry so they can take over at a cheap price. The Flash ran back to Lord Donelin's apartment and intercepted an order to kill more celebrities. With his super speed, he saved the singer, Stella Rollins from a gunman, the Elson Theatre from a gunman and singer Della Roberts from a booby-trapped crossbow aimed at her neck. When he rushes back to Lord Donelin's apartment, he found it trapped and the villainous duo gone. Running all over the city to find them, he finally discovered their hideout just as Joan and Vi arrive to confront them. As Goll drew his gun, the Flash punched him and knocked him out, before turning both Goll and Donelin to the police. | Appearing1 = **Featured Characters:** * Flash) **Supporting Characters:** * Joan Williams) **Antagonists:** * Goll, extortionist ** his gang * Lord Donelin, of Ireland (wears a monocle) **Other Characters:** * Hilda, Fancy Follies dancer * Tess, Fancy Follies dancer * Vi, Fancy Follies dancer * Theo Parker, Fancy Follies dancer * Greta Garson, LBC Radio singer Shot * Stella Rollins, Elson singer * Della Roberts, singer * Mr. Rogers, host **Locations:** * New York ** New York City *** Fancy Follies Theater *** L.B.C. Radio Station *** Lord Donelin's Apartment *** Two O'Clock Night Club *** Elson Theater *** Times Square ** Rogers Estate, near Sayton ** Donelin's mountain cabin, at Boone Lake **Vehicles:** * Joan's sedan

| Writer2_1 = Gardner Fox | Penciler2_1 = Sheldon Moldoff | Inker2_1 = Sheldon Moldoff | StoryTitle2 = Cliff Cornwall, Special Agent: "The Panama Canal Scheme" | Synopsis2 = Cliff Cornwall and Lys Valliere are on their way home from Alaska, but receive a radio call alerting them to an active spy syndicate in Panama, so they change their course.

In Panama, Cliff finds an old enemy of his, Lolita Devere. He follows her, and she leads him to a shoe store. On his return visit to the store, Cliff encounters and captures Count Ruthnor. Lys meanwhile follows Lolita, who meets Lieutenant Byrnes, at a restaurant, where Lolita drugs him and tries to steal the plans for the Panama Canal. Lys tries to stop her, but instead is captured. By this time, Cliff has called in the Panamanian Police, and together they rescue Lys and capture the syndicate, except the Count who browned himself up to avoid prison. | Appearing2 = **Featured Characters:** * Cliff Cornwall) **Supporting Characters:** * Federal Bureau of Investigation * Lys Valliere **Antagonists:** * Count Ruthnor * Lolita Devere **Other Characters:** * Lieutenant Byrnes **Locations:** * Panama

| Writer3_1 = Gardner Fox | Penciler3_1 = Dennis Neville | Inker3_1 = Dennis Neville | StoryTitle3 = Hawkman: "The Globe Conquerors" | Synopsis3 = A self-styled Alexander the Great) attacks New York City with an advanced gravity weapon of his own invention; several giant skyscrapers are collapsed. Alexander puts an ad in the newspaper demanding that the US government surrender to him.

Alexander has also learned the secret identity of Hawkman), and seeks, over dinner, to recruit or pacify him. That doesn't work out, and Hawkman learns his Ninth metal is unaffected by Alexander's weapon. He builds himself some Roman-style gladiator weapons out of the unique material, and attacks. Alexander briefly manages to trap Hawkman, but Shiera helps him to escape, and soon Hawkman stabs the villain in the throat with a Roman trident, and destroys the active copy of the gravity weapon. He returns to the villain's secret lab and confiscates the other mass-inducer for his own use. | Appearing3 = **Featured Characters:** * Hawkman) **Supporting Characters:** * Shiera Sanders) **Antagonists:** * Alexander the Great) **Locations:** * Manhattan **Items:** * Hawkman's wings and harness made of Ninth Metal * Hawkman's Roman-style net and trident made of Ninth Metal * Alexander's Gravity Weapon ** It multiplies the weight of objects by multiplying the Atomic Energy in the composition of the objects. ** It is ineffective against Ninth Metal, which has no Atomic Energy in its makeup.

| Writer4_1 = John B. Wentworth | Penciler4_1 = Stan Aschmeier | Inker4_1 = Stan Aschmeier | StoryTitle4 = Johnny Thunder: "Johnny Becomes a Boxer" | Synopsis4 = | Appearing4 = **Featured Characters:** * Johnny Thunder) ** Thunderbolt) **Supporting Characters:** * Daisy Darling) **Other Characters:** * Mike Trainer * Press Agent * Suicide Kid

| Writer5_1 = Paul H. Jepson | Penciler5_1 = Paul H. Jepson | Inker5_1 = Paul H. Jepson | StoryTitle5 = Rod Rian of the Sky Police: "The Captured Moon Transport" | Synopsis5 = In the year 2500 AD, agent Rod Rian with the help of Dilotar Andress investigates some air piracy by orders of Commandant Elmus, only to be kidnapped by devilish aliens to the planet Mephistos, ruled by Mephis. Mephis orders his lackeys to feed Rod to his pet, Cargo, but Rod is saved by Karin, granddaughter of Elmus. Rod and Karin are then caught up in a war between the Mephisians and the horned Unicors, amidst which they meet Taros, a Unicor Lieutenant. | Appearing5 = **Featured Characters:** * Rod Rian) **Supporting Characters:** * Sky Police ** Commander Elmus * Dilotar Andres * Karin **Antagonists:** * Mephis **Other Characters:** * Taro **Locations:** * Planet Mephistos **Era:** * 2500 AD **Animals:** * Cargo **Vehicles:** * Interplanetary Transport Ships

| Writer6_1 = Ed Wheelan | Penciler6_1 = Ed Wheelan | Inker6_1 = Ed Wheelan | StoryTitle6 = Flash Picture Novelette: "The Demon Dummy, part 2" | Synopsis6 = Harry Dunstan and his ventriloguist-dummy Red are released from prison, but they have nowhere to go. After some failed attempts to find a job, Red convinces Harry to get arrested, and go back to jail for his revenge. So he tries that.

In the prison, Red convinces the others inmates to kill Devlin, the punk responsible for Harry's first imprisonment. But afterwards, Harry is afraid of Red, and decides to destroy him. He smashes the dummy, and blacks out.

After falling into a coma for a week, Harry wakes up and asks for psychological assistance. After his treatment, he is released, and he adopted Madge's and Devlin's baby. At the orphanage he meets nurse Hope Fulton, and later marries her. | Appearing6 = **Featured Characters:** * Harry Dunstan **Supporting Characters:** * Red, a dummy **Antagonists:** * Jim Devlin **Other Characters:** * Hope Fulton **Locations:** * State Prison

| Writer7_1 = John B. Wentworth | Penciler7_1 = George Storm | Inker7_1 = George Storm | StoryTitle7 = The Whip: "Vigilantes of Seguro" | Synopsis7 = | Appearing7 = **Featured Characters:** * Whip) **Supporting Characters:** * Wing Tai * Marissa Dillon * King (The Whip's horse) **Antagonists:** * Sheriff Todds * The Association of Ranchers **Other Characters:** * Carlos * Marissa's father * Padre Demo **Locations:** * New Mexico ** Seguro

| Notes = * Published by All-American Comics, Inc. * **Flash:** *The Terror Of Goll* is reprinted in *Golden Age Flash Archives Volume 1)*. In GCD the story is titled *The Opera House Shootings*. ** Last issue for art by Harry Lampert. ** On page 5, the Flash throws a lightning-shaped spear into a wall, to announce his arrival, and calls it "my metal calling card." And on page 7, he seems to hurl a lightning-shaped object, to disarm one gunman. The Flash never used this weapon again. ** Per page 11, panel 5, Joan Williams smoked imported "Duro" cigarettes. * **Hawkman:** *"The Globe Conquerors"* is reprinted in *Golden Age Hawkman Archives Volume 1)*. ** In this, their second published appearance, Carter and Shiera are already engaged. ** At various points in this story, the hero is named "Hawkman," "The Hawk-Man," and "The Hawk." ** Hawkman got one bullet wound in this story. ** Alexander the Great knocked down several large buildings, demonstrating his gravity weapon. No reliable estimates exist of the deaths and injuries inflicted that day. This large scale terrorist attack was never mentioned again. *** New York City, 1940: Going strictly by cover dates, this would be one month after "The Master"s mass-fatality-inflicting lightning attacks and accompanying fascist takeover (*All-American Comics #10 Jan 1940*), and three months after Carl Kruger's skyscraper-smashing death-ray attack (*Detective Comics #33 Nov 1939*). ** Hawkman's dual identity was known to Alexander the Great; he later got better at keeping it secret. ** Alexander's gravity-inducing technology is ineffective against Ninth Metal; Hawkman himself explains that "*Alexander's machine multiplies the atomic energy (of objects) and (the Ninth Metal) has no such energy in its makeup*". ** Hawkman confiscated one of Alexander's devices for his weapons collection, and presumably later learned more valuable gravity science from reverse-engineering it. ** Despite having his throat stabbed by Hawkman, Alexander survived to participate in Ian Karkull's plan that consisted of an assassination attempt on future US presidents . * **Johnny Thunder** *"...Becomes a Boxer"* is reprinted in *The JSA All Stars Archives Volume 1)*. ** This story is continued next issue. * First issue for **Rod Rian of the Sky Police**. * Also appearing in this issue of *Flash Comics* was: ** "Warfare in Space" by Gardner F. Fox (text story) | Trivia = | Recommended = | Links =

Creative credits

Writers: Gardner Fox, Gardner Fox, Gardner Fox, John B. Wentworth, Paul H. Jepson, Ed Wheelan, John B. Wentworth

Interior art: Harry Lampert, Sheldon Moldoff, Dennis Neville, Stan Aschmeier, Paul H. Jepson, Ed Wheelan, George Storm

Source records & attribution

Panel Profits keeps each source identity attached to its edition record.

COMICBASE: comicbase:436125

GCD: 646

PANEL PROFITS: 2335968

Original story text reference and licenseOriginal text reference ↗

CC BY-SA 3.0