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Tim Holt #11 cover
Cover: Dick Ayers
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Tim Holt #11

Nov 1949 · Magazine Enterprises · 0.10 USD
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About this Issue

Tim Holt #11 is the origin and debut issue of the Golden Age Ghost Rider — the first comics character to carry that name — making it one of the most consequential western-genre comics of the late Golden Age. The character that debuted here, federal marshal Rex Fury, blended frontier adventure with pre-Code supernatural horror in a way that was genuinely new for the western genre, and his sustained popularity across more than forty subsequent issues of Tim Holt, Red Mask, and a dedicated fourteen-issue solo series demonstrated that readers would embrace a masked, eerily theatrical avenger on horseback long before motorcycle-riding successors arrived. When Magazine Enterprises shuttered and its trademarks lapsed, the template created in this issue traveled directly to Marvel Comics, where artist Dick Ayers — the character's own co-creator — redrew the same basic design as Carter Slade in 1967, cementing this single issue's foundational place in the broader Ghost Rider lineage that eventually produced Johnny Blaze.

Tim Holt and his companion Chito rescue a stagecoach driver from Buffalo Canyon after a dangerous encounter involving a speeding coach and a rimrock fall. When a surveyor's report reveals that Slick Sam Devine's land includes a valuable Spanish land grant, Tim and Chito must protect the freighting company from Devine's murderous schemes. After a series of confrontations at the Greegan Freight Shipping Company, Tim discovers that a young Indian boy named Charley Hello has been kidnapped by Devine's men, leading to a final battle where Tim and Chito fight both gunmen and hostile Indians to rescue the child and defeat Devine's operation.

Contains 6 stories
The Land Grabbers!
9 pp · Western-Frontier

When Tim Holt and his partner Chito ride into the town of Hangman's Gulch, they're jumped by rowdy locals—and before they can catch their breath, they're framed for a murder they didn't commit. A town surveyor has vanished under mysterious circumstances, and Tim finds himself locked up on a charge that could get him hanged. Determined to clear their names and uncover what's really behind the violence plaguing the territory, Tim and Chito must navigate a dangerous land dispute between two rival ranches and expose the truth before the real killers strike again.

The Ghost Rider!
6 pp · Western-Frontier
Ghost Rider [Rex Furyformerly the Calico Kid] (introduction, origin)Sing-SongBart Lasher (villain)

When federal marshal Rex Fury is thrown into the Devil's Sink by renegade Bart Lasher, he miraculously survives the deadly whirlpool with his companion Sing-Song and emerges from an underground cave. Two weeks later, a spectral rider on a white horse—the Ghost Rider—appears to terrorize Lasher and his gang as they raid the Widow Ames' ranch, sending superstitious attackers fleeing in fear. Lasher's own horse throws him as he attempts to escape the mysterious avenger's pursuit.

Battle At Bullock Gap
7 pp · Western-Frontier

When Tim Holt and his sidekick Chito witness a cold-blooded murder in Bullock Gap, they're drawn into a dangerous web of extortion and violence—one that leads them to hire on with a freight company being terrorized by the ruthless Slick Sam Devine. As Tim refuses to back down from the bully and his army of gunmen, he rallies the local ranchers and farmers to stand up for their rights in a final showdown that could change the whole town.

Stranger in Town
1.25 pp · Western-Frontier
Tommy Farriss

Young Tommy Farriss stumbles into the desert town of Broken, parched and desperate, where the locals offer him shelter—but his arrival sets the stage for trouble when a mysterious stranger rides in with his own dark intentions. As the night unfolds, gunfire erupts and secrets spill into the dust, forcing Tommy and the townspeople to reckon with the stranger's true purpose. It's a tense frontier showdown where hospitality meets danger in the unforgiving West.

Untitled Non-Fiction story
1 pp · Non-Fiction, Western-Frontier
Texas Rangers
Kiowa Death-Trap!
7 pp · Western-Frontier

When Tim Holt and his partner Chito stumble upon a massacre in the desert, they rescue a young Kiowa boy named Charley Hello—the sole survivor—and bring him to their ranch to build a new life. But Charley's past catches up when his ruthless uncle Running Bear, now chief of the Kiowa, learns the boy is alive and comes to claim him, setting in motion a deadly confrontation that will test Tim's loyalty and Charley's place between two worlds. With Charley's rightful claim to leadership threatening Running Bear's hold on power, Tim and Chito find themselves riding straight into a carefully planned ambush in the rocky badlands.

ComicBooks.com Value

Our Model is In Beta
Raw (Good) $322
CGC 9.4 · 1 in census $10,477*
CGC 9.2 · 1 in census $7,192
CGC 9.0 · 2 in census $4,921
CGC 8.5 · 3 in census $3,325
CGC 8.0 · 1 in census $2,576*
CGC 7.5 · 6 in census $1,894
Show all 18 grades
CGC 7.0 · 7 in census $1,744
CGC 6.5 · 6 in census $1,127
CGC 6.0 · 3 in census $1,127*
CGC 5.5 · 7 in census $906
CGC 5.0 · 9 in census $785
CGC 4.5 · 8 in census $785*
CGC 4.0 · 1 in census $785
CGC 3.5 · 10 in census $742
CGC 3.0 · 13 in census $742
CGC 2.5 · 5 in census $490*
CGC 2.0 · 4 in census $429*
CGC 1.5 · 1 in census $317*
* estimate — limited direct-sales data at this grade
Our model’s value — refined as new sales data arrives · CGC census counts shown where available

This exact issue on

CGC 9 $6,768 1 listing CGC 5.5 $3,600 1 listing CGC 3.5 $3,000 1 listing
Raw — VG $3,150–$3,375 2 listings
Raw / ungraded $2,400 1 listing
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History

Publisher Vincent Sullivan of Magazine Enterprises conceived the Ghost Rider concept after being taken with the 1948 Vaughn Monroe recording 'Ghost Riders in the Sky,' and he directed artist Dick Ayers to study the 1949 Disney animated adaptation of 'The Legend of Sleepy Hollow' for visual inspiration on how to render the character's unearthly quality. Writer Raymond Krank scripted 'The Ghost Rider!' story that appeared in issue #11, though Grand Comics Database notes record that the original writer credit attributed to Gardner Fox was later corrected to Krank, based on Dick Ayers's own account given in an interview with Roy Thomas published in Alter Ego #10 (September 2001). The character itself was a transformation of an existing back-up feature: Rex Fury had been appearing as the Calico Kid since Tim Holt #6 (May 1949), and issue #11 simply — and without much in-story explanation — reinvented him in a phosphorescent white costume designed to make him appear supernatural to superstitious outlaws.

Trivia · 8 facts

  • First appearance and origin of the Golden Age Ghost Rider (Rex Fury, formerly the Calico Kid), the original comics character to bear that name, published by Magazine Enterprises in November 1949.
  • The issue features the story 'The Ghost Rider!' written by Raymond Krank and drawn (pencils, inks, and lettering) by Dick Ayers, with a cover also by Dick Ayers combining a photo of Tim Holt with a drawn image of the Ghost Rider.
  • Additional interior art in the issue is by Frank Bolle, who penciled and inked 'The Land Grabbers!' and 'Battle at Bullock Gap.'
  • Notably, in this debut story the Ghost Rider does not yet wear a mask — that detail of the character's look was refined in subsequent appearances.
  • The character's Calico Kid predecessor first appeared in Tim Holt #6 (May 1949); issue #11 transforms him into the Ghost Rider without offering an explicit in-story explanation for the identity switch.
  • The creative inspiration for the Ghost Rider was threefold: publisher Sullivan's enthusiasm for Vaughn Monroe's hit song 'Ghost Riders in the Sky,' the visual atmosphere of Disney's 'The Legend of Sleepy Hollow,' and the pre-Code trend toward horror-inflected western storytelling.
  • Stories from Tim Holt #11 — including 'The Land Grabbers!' and 'Battle at Bullock Gap' — were later reprinted in Great Western #8 (I.W. Publishing / Super Comics, 1958 series), giving the issue a second life after Magazine Enterprises ceased publishing.
  • After Magazine Enterprises closed and the Ghost Rider trademark lapsed, Dick Ayers brought a near-identical character to Marvel Comics in 1967, directly tracing the Ghost Rider lineage back to this issue; Marvel's version was later retroactively renamed Phantom Rider to distinguish it from the motorcycle-riding Johnny Blaze incarnation.

Full credits

artist, inker Dick Ayers
cover pencils, inks Dick Ayers

Reprints

Reprinted in Great Western #8 (1958), Sheriff Classics #9181 (1971), Sheriff Classics #9185 (1971), Ranchserien #73 (1971), Ranchserien #77 (1971), Sheriff Classics #9193 (1972), Ranchserien #85 (1972), Golden-Age Greats #7 (1996), Best of the West #37 (2003), Sheriff Klassiker #181, Sheriff Klassiker #185, Sheriff Klassiker #191

Key issues in Tim Holt

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