FLOAT 100 · Comics · No. 67
Marvel Spotlight #5
A twenty-cent tryout comic about a stunt rider who sells his soul gave Marvel its flaming-skulled Ghost Rider, and only four copies have ever earned a CGC 9.8, one of which sold for more than any Bronze Age comic before it.
- Year
- 1972
- Maker
- Marvel Comics
- By price in comics
- 21 of 100
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Create a free account- On sale
- May 30, 1972 (cover date August 1972)
- Publisher
- Marvel Comics; Stan Lee credited as editor
- Creators
- Writer Gary Friedrich, with Roy Thomas credited for "aid and abetment"; pencils and inks by Mike Ploog
- Cover price
- 20 cents, 36 pages
- Story
- "A Legend Is Born!" cover; a 22-page lead story introducing Johnny Blaze, Ghost Rider and Roxanne Simpson
- CGC 9.8 census
- Four copies, none higher, as reported in 2021
- Record
- $264,000 for a CGC 9.8 white-pages copy at auction, June 17, 2021, then the highest auction result for a Bronze Age comic
- Previous 9.8 sale
- $48,500, October 2016
A tryout book for a new kind of hero
Marvel Spotlight began in November 1971 as one of three tryout titles proposed by Stan Lee, a way to test a feature's popularity without paying to launch a full series. The first issue introduced the Western hero Red Wolf, and issues #2 through #4 ran Werewolf by Night before that character got his own book.
Issue #5 handed the spotlight to a new Ghost Rider. The Grand Comics Database dates it on sale on May 30, 1972, with an August cover date. It cost twenty cents and ran 36 pages. The cover, signed by Mike Ploog, carries the line "A Legend Is Born!" and the tag "The most supernatural superhero of all!"
Inside, the 22-page lead story opens with "Rain... Engulfing the city in a damp blanket of doom." It introduces Johnny Blaze, a motorcycle stunt rider with a traveling show, along with his mentor Crash Simpson and Crash's daughter Roxanne. To save the man who had become a father to him, Blaze makes a bargain with the devil and is transformed into a spirit of vengeance with a flaming skull. The issue lists the devil as Satan; Marvel later identified him as Mephisto, and the demon bound to Blaze became known as Zarathos.
Two friends from Missouri and a former Marine
Gary Friedrich was born on August 21, 1943, in Jackson, Missouri. He and Roy Thomas were childhood friends, and Thomas recommended him first to Charlton Comics and then to Marvel, where Friedrich took over Sgt. Fury and his Howling Commandos with issue #42 in May 1967. Friedrich always insisted the flaming-skulled rider was his idea: "It was always my idea from the first time we talked about it."
The character was first pitched as a villain for Daredevil. Thomas, by then Marvel's editor-in-chief, recalled his reaction: "That's too good an idea to be just a villain in Daredevil. He should start out right away in his own book." The splash page credits Thomas with "aid and abetment."
Mike Ploog, born in Mankato, Minnesota, spent ten years in the U.S. Marine Corps before leaving in 1968 for animation work at Filmation and Hanna-Barbera. Around 1969 he began about two years of work under Will Eisner on PS, The Preventive Maintenance Monthly, a military instructional magazine, and Eisner's style shaped his own. At Marvel he had already launched Werewolf by Night in Marvel Spotlight #2 in February 1972, and he later moved into film design and storyboards for Ghostbusters, The Dark Crystal and Labyrinth.
Marvel's second Ghost Rider
Johnny Blaze was not the first Ghost Rider. In 1949 another publisher ran a Western hero of that name, Rex Fury, created by writer Ray Krank and artist Dick Ayers for editor Vincent Sullivan. After that trademark lapsed, Marvel launched its own Western Ghost Rider, Carter Slade, in Ghost Rider #1, cover-dated February 1967, created by Ayers, Friedrich and Thomas.
Once the motorcycle Ghost Rider arrived, Marvel needed to keep the two apart. It renamed the Western hero Night Rider in a 1974 to 1975 reprint series and finally settled on Phantom Rider.
The tryout worked. Ghost Rider ran in Marvel Spotlight #5 through #11, cover-dated August 1972 to August 1973, and then received his own series in 1973, which lasted 81 issues until June 1983. A younger Ghost Rider, Danny Ketch, followed in 1990.
Who owns the Spirit of Vengeance
On April 4, 2007, Friedrich sued Marvel, Sony Pictures and others, claiming the copyright to Ghost Rider had reverted to him in 2001. On December 28, 2011, U.S. District Judge Katherine B. Forrest ruled that Marvel owned the character, finding that Friedrich gave up any claim when he signed checks containing language relinquishing his rights.
An appeals court reversed that ruling in June 2013, and by September 6, 2013, both sides agreed to settle. The final agreement required Friedrich to pay Marvel $17,000 in damages and to stop selling Ghost Rider merchandise he had made himself. Friedrich died in St. Louis on August 29, 2018, at 75.
On screen, Nicolas Cage played Johnny Blaze in Ghost Rider in 2007 and Ghost Rider: Spirit of Vengeance in 2011.
Four perfect copies
The book's all-black cover, set inside a "picture frame" border typical of the early 1970s, shows every scuff and chip, which helps explain why near-perfect copies are so rare. By 2021 CGC had graded only four copies at 9.8, none higher. For comparison, Giant-Size X-Men #1 then had 195 entries at 9.8 and Incredible Hulk #181 had 127.
A CGC 9.8 copy sold at auction in October 2016 for $48,500. On June 17, 2021, a CGC 9.8 copy with white pages from the Oregon Coast Collection, assembled by a long-time Oregon collector who was retiring, sold at auction for $264,000 including buyer's premium. Reports called it the highest auction result recorded for any Bronze Age comic book, about 445 percent more than the 2016 sale.
Demand was not limited to the top. A comics columnist wrote in March 2022 that Marvel Spotlight #5 was the most-requested back issue at his shop, and tied for sixth on a standard list of the top 25 Bronze Age comics; he linked the rush to rumors that the character would join Marvel's film universe. One dealer reported in 2024 that lower-grade prices had fallen back from their pandemic peaks.
The numbers
- Cover price
- 20 cents
- Pages
- 36; Ghost Rider story 22 pages
- Printer
- World Color Press, Sparta, Illinois
- Print run
- Not documented in the sources consulted
- CGC 9.8 census, April 2021
- 4 copies, none higher
- Census, December 2021
- 240 copies at CGC 9.0 and 293 graded higher
- Total graded, October 2021
- 3,789 copies, four of them 9.8, per a market-data tally
Timeline
A Western hero named Ghost Rider, Rex Fury, appears from another publisher, drawn by Dick Ayers.
Marvel's Western Ghost Rider, Carter Slade, debuts in Ghost Rider #1.
Gary Friedrich takes over Sgt. Fury and his Howling Commandos with issue #42.
Marvel Spotlight launches as a tryout title.
Mike Ploog launches Werewolf by Night in Marvel Spotlight #2.
Marvel Spotlight #5 goes on sale for 20 cents, introducing Johnny Blaze as Ghost Rider.
Ghost Rider's run in Marvel Spotlight ends with issue #11; his own series follows in 1973.
The first Ghost Rider series ends with issue #81.
Friedrich sues Marvel and others over ownership of Ghost Rider.
A federal judge rules that Marvel owns the character.
After an appeals court reversal, Friedrich and Marvel agree to settle.
A CGC 9.8 copy sells at auction for $48,500.
Gary Friedrich dies in St. Louis.
A CGC 9.8 white-pages copy from the Oregon Coast Collection sells at auction for $264,000, a Bronze Age record.
The world in 1972
President Nixon begins his week-long visit to China.
The Godfather premieres in New York.
Alabama Governor George Wallace is shot and paralyzed while campaigning.
Five men are arrested breaking into the Democratic National Committee offices at the Watergate.
Title IX is signed into law.
The last U.S. ground troops are withdrawn from Vietnam.
Bobby Fischer defeats Boris Spassky for the world chess championship in Iceland.
Atari releases the arcade game Pong.
Price record
| Date | Price | Kind |
|---|---|---|
| Oct 2016 | $48,500 | Sold at auctionCGC 9.8. |
| Jun 17, 2021 | $264,000 | Sold at auctionCGC 9.8 white pages, Oregon Coast Collection, including buyer's premium. Highest auction result for a Bronze Age comic at the time. |
A realized auction price is what a buyer actually paid on the date shown, including the buyer's premium where the sale reported it. It is the strongest kind of reference price, and it is a record of one sale of one object on one day, not a promise of what the next example will bring.
By reference price, Marvel Spotlight #5 is number 21 of 100 in the comics entries of the FLOAT 100. 92 of those 100 rest on a realized sale; the rest carry an asking price or a guide value, and each page says which. Rank within the FLOAT 100 itself (67 here) is editorial: how much an object defines its field, not price alone.
Did you know
- Ghost Rider was first conceived as a villain for Daredevil; Roy Thomas decided he deserved his own book.
- Marvel had already published a Western Ghost Rider in 1967 and later renamed him Phantom Rider to make room for Johnny Blaze.
- Roy Thomas's credit on the splash page reads "aid and abetment."
- Artist Mike Ploog served ten years in the Marines and later drew storyboards for Ghostbusters and The Dark Crystal.
- Co-creator Gary Friedrich ended his lawsuit over the character by agreeing to pay Marvel $17,000.
- In the issue itself, Johnny Blaze's bargain is with Satan; the devil was later identified as Mephisto.
How this page is made
- The figure
- One reference price, shown with its own kind. FLOAT does not average it with anything or adjust it for time.
- Realized or not
- A realized price is a completed sale. An asking price, an estimate and a price-guide value are not sales, and are labeled as such wherever they appear.
- The story
- Researched from published records and checked fact by fact. Updated Oct 3, 2026.
- Archive
- Oct 5, 2026