Flash Comics #2 Sold for $8,845 at Auction

A CGC graded VG 3.0 copy of the 1940 comic book significantly outperformed its pre-auction estimate.

Updated on Oct. 1, 2026 in Comic Books

Flash Comics #2 Sold for $8,845 at Auction

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Heritage Auctions recently sold a 1940 edition of Flash Comics #2 for a total of $8,845. The final hammer price notably exceeded the initial Overstreet estimate of approximately $4,000.

Why it matters

The sale highlights sustained collector interest in early Golden Age comic books featuring key character appearances. This transaction serves as a benchmark for the market valuation of mid-grade copies of historically significant issues.

The CGC graded VG 3.0 copy sold for $8,845, significantly higher than the $4,000 Overstreet estimate. By comparison, a higher-graded 3.5 copy of the same issue sold in 2023 for $9,600 despite missing its back page.

The players

Heritage Auctions

This organization is a major auction house that specializes in collectibles, including rare comic books and original art.

The details

Flash Comics #2, which was originally published in 1940, includes the second appearances of both The Flash and Hawkman. The final price for the auction lot was determined through competitive bidding activity during the sale.

The comic was originally published in 1940.
A 3.5 graded copy of the issue sold in 2023.
The auction for this copy concluded during the week of October 1, 2026.

Culture Shift

This sale mirrors the ongoing market trend where early Golden Age comics maintain significant value regardless of moderate grade fluctuations. It follows the precedent set by the 2023 sale of a CGC 3.5 graded copy of Flash Comics #2, demonstrating sustained collector demand for these foundational issues.

Investors and collectors should note that pre-auction estimates may not accurately predict final hammer prices in competitive environments. The result suggests that interest in early Flash and Hawkman appearances remains high, potentially influencing future acquisition budgets.

The takeaway

Collectors should closely monitor auction bidding patterns as they often drive prices well beyond initial expert estimates. Identifying the historical significance of specific issues, such as second appearances, remains a primary driver for investment value in the comic book hobby.