Low $14k
Mid $46k
High $150k
  • 1st appearance and origin of Captain Marvel, later renamed Shazam
  • 1st appearance of the Wizard Shazam
  • 1st appearance of Dr. Sivana, a scientific genius and the archenemy of Captain Marvel
  • 1st appearance of Ibis the Invincible and Spy Smasher
  • 1st team appearance of the Seven Deadly Enemies of Man, later renamed the Seven Deadly Sins
  • While not a precise swipe of Action Comics #1 artwork, this cover and other aspects of Captain Marvel led to DC (formerly National) filing a lawsuit against Fawcett for Captain Marvel too closely resembling Superman
  • Premiere issue of the series though the copyright notes read issue #2
  • There exists a very scarce Ashcan edition of this issue
Publisher Fawcett
Published February 1940
Written By Bill Parker
Illustrated By CC Beck