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Action Comics #123 cover
Cover: Wayne Boring & Stan Kaye

Action Comics #123

Aug 1948 · DC · 0.10 USD
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In "50 Ways to Kill Superman!", the colorful menace of Rainbow Man escapes jail by vanishing into a vat of dye—turning white and vanishing into plain sight. When Greg Sanders and his partner Stuff investigate the crook’s pigment trail, they’re drawn into a high-stakes chase that leads through a series of vivid traps and a film studio’s giant rainbow prop. With art by Mort Meskin and inks by George Roussos, this 1948 Action Comics tale pulses with visual flair, while Wayne Boring’s cover captures the chaos in bold, dynamic strokes.

Contains 6 stories
50 Ways to Kill Superman!
12 pp · Superhero
Superman [Clark Kent]Lois LaneSkid RussellBeefyLeftyHeist NelsonNitrounnamed gangsters
Volcano Vandals!
6 pp · Adventure, Jungle
Congo BillJohnsonGeorge WickersHal SykesMark ThompkinsPegleg
World of Wishes!
7 pp · Fantasy, Superhero
Zatara [Giovanni "John" Zatara]Larry DobbsHelen

In "World of Wishes!" from Action Comics #123 (1948), Zatara witnesses Larry Dobbs make a wish for an easy life, leading him to discover a magic lamp that grants his desires—only to find each wish spirals into unexpected chaos. With a mix of wonder and wit, Zatara guides Larry through the consequences, showing that true power lies not in getting what you want, but in understanding the cost.

The Stolen Beaver?
4 pp · Humor, Detective-Mystery
Hayfoot HenrySally Van SwitherVan SwitherMayor George Gooseberry
Untitled Humor story
0.67 pp · Humor
Jerry the Jitterbughis girlfriendMr. Angelo

In this brief 1948 humor tale from Action Comics #123, Jerry ducks into a barber shop, pretending to get a shave—only to reveal he’s doing it to impress his girlfriend, who just happens to walk by. The story captures a lighthearted moment of playful vanity, all in a single, quick panel.

The Color Wheel of Crime!
8 pp · Adventure, Superhero
The Vigilante [Greg Sanders]StuffThe Rainbow Man (villain)

In "The Color Wheel of Crime!" from Action Comics #123 (1948), the elusive Rainbow Man escapes jail by vanishing into a vat of dye, emerging as a white figure—only to reappear in a new scheme involving stolen pigments and a dazzling criminal masterplan. When Greg Sanders and his partner Stuff follow the trail through local suppliers, they uncover a hidden lair where the villain’s Color Organ traps victims in hypnotic swirls of color. With the help of a state trooper, the Vigilante must break through the dazzling illusion before the rainbow's final hue is painted across the city.

ComicBooks.com Value

Our Model is In Beta
Raw (Good) $167
CGC 9.4 · 1 in census $6,796*
CGC 9.2 · 1 in census $4,362*
CGC 9.0 none in existence
CGC 8.5 none in existence
CGC 8.0 · 2 in census $1,658
CGC 7.5 · 1 in census $1,330*
Show all 19 grades
CGC 7.0 · 2 in census $980
CGC 6.5 · 2 in census $928*
CGC 6.0 · 1 in census $760
CGC 5.5 · 3 in census $752
CGC 5.0 · 3 in census $752
CGC 4.5 · 3 in census $547*
CGC 4.0 · 4 in census $432
CGC 3.5 · 4 in census $292
CGC 3.0 · 1 in census $292*
CGC 2.5 none in existence
CGC 2.0 none in existence
CGC 1.5 none in existence
CGC 1.0 · 1 in census $166*
* estimate — limited direct-sales data at this grade
Our model’s value — refined as new sales data arrives · CGC census counts shown where available

More listings for this title

FR $165 Action Comics #123 DC Comics 1948 Golden Age missing back cover $129.59
Related listings we couldn't confirm as this exact issue · 2 total · seen 34 days ago

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Cast · 3 characters

Full credits

cover pencils Wayne Boring
cover inks Stan Kaye

Reprints

Reprinted in Action Comics #123 (1948), Captain Triumph Comics #15 (1949), Superman in Action Comics #1 (1993), Superman: The Golden Age Omnibus #6 (2019)

Key issues in Action Comics

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