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The Golden Age Notoriety of MLJ's Pep Comics #32, Up for Auction

Known for its Bob Montana cover and an early Archie appearance also by Montana in this issue, Pep Comics #32 is a classic example of the comics of its era.



Article Summary

  • Pep Comics #32 features a striking Bob Montana cover with classic Golden Age war themes
  • This issue showcases an early Archie appearance alongside harrowing WWII stories inspired by real events
  • A costume upgrade for the Shield and editorial insight into his evolving character are revealed
  • Highly prized for its rarity, with only 25 Universal CGC copies, Pep Comics #32 is in demand by collectors

MLJ's Pep Comics was locked in on the war themes of its era before most other comic book titles.   Pep Comics #1 debuted the Shield in early 1940, America's first patriotic hero and an iconic figure who would be the first among the likes of Captain America and countless others to follow.  As America's entry into the war became increasingly likely in late 1941 (and inevitable after Pearl Harbor), Pep Comics turned up the heat on its war era themes.  The cover of Pep Comics #20 has become one of the most iconic symbols of the comic books of that era, and it is not the only issue of the series that is highly sought-after by collectors for that reason.  For example, Pep Comics #32 features a trifecta of Golden Age collecting themes on its Bob Montana cover: bondage, a Nazi getting punched, and war-era superhero action. And on the inside is a gruesome decapitation splash page so infamous it was later used as a cover. All this plus an early Archie appearance, and for the serious Golden Age collector, you might never have another chance at a copy as nice as this CGC VF+ 8.5 Off-white to white pages copy of Pep Comics #32 (MLJ, 1942) that's up for auction in the 2025 October 16 Golden Age Comics Century Showcase Auction III at Heritage Auctions.

A colorful comic book illustration featuring a muscular superhero in a patriotic costume, striking a man in a military uniform. The scene depicts a dynamic action moment with an explosion in the background and various military elements.
Pep Comics #32 (MLJ, 1942)

The lead story in Pep Comics #32, "The Hun," is an almost real-time reflection of the very real threat coming to America's shores in the summer of 1942.  As we've seen recently in another comic book from this specific time frame, the debut of Kid Eternity in Hit Comics #25, this plot featuring a Nazi U-boat sinking ships off the coast of Maine and coordinating with a secret onshore radio station, is a clear reflection of Operation Drumbeat. This German naval offensive, raged along the U.S. East Coast from January to August 1942. During this period, German submarines sank hundreds of Allied merchant ships, often within sight of American shores, creating widespread public fear.

While this issue is widely noted as a costume change for the Shield, it's a relatively minor update, which gives him a pair of blue trunks instead of having the stripes on his chest extend all the way down to that area — definitely a visual improvement.  But perhaps the most noteworthy development for the character is a tacit acknowledgement on the inside front cover editorial, presumably written by editor Harry Shorten, that they had de-powered the Shield to make him more identifiable for the readers in a saga running through Pep Comics #29-30: "Several fellows and girls who've read about the loss of my super-powers have written in asking how it happened, and why it happened. My answer is — that it just happened. Apparently, my father's formula suddenly wore off; and you can bet I was as shocked when it occurred as you were when you heard about it.

Pep Comics #32 is also the first issue from the publisher to feature MLJ logo on its cover. There are only 25 Universal copies of this issue on the CGC census, and only three copies graded higher than this CGC 8.5. A  high grade copy of an in-demand issue from the heart of the Golden Age, this CGC VF+ 8.5 Off-white to white pages copy of Pep Comics #32 (MLJ, 1942)is up for auction in the 2025 October 16 Golden Age Comics Century Showcase Auction III at Heritage Auctions.

A colorful comic book cover displaying characters engaged in a battle scene. The superhero 'The Shield' is positioned in the foreground, wearing a star-spangled costume, while other figures interact, including a soldier and a villain marked by Nazi insignia. The title 'Pep Comics #32' is prominently featured at the top.
Pep Comics #32 (MLJ, 1942)

 

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Mark SeifertAbout Mark Seifert

Co-founder and Creative director of Bleeding Cool parent company Avatar Press since 1996. Bleeding Cool Managing Editor, tech and data wrangler, and has been with Bleeding Cool since its 2009 beginnings. Wrote extensively about the comic book industry for Wizard Magazine 1992-1996. At Avatar Press, has helped publish works by Alan Moore, George R.R. Martin, Garth Ennis, and others. Vintage paper collector, advisor to the Overstreet Price Guide Update 1991-1995.
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