Favorite Funnies was published weekly from January 1973 by DynaPubs Enterprises, a small publishing company of East Moline, Illinois (editor: Murray Bishoff). It was released in a tabloid format of 18 pages, folded in two, with the subtitle "The Best Comic Strips Ever! 1912–1945" appearing on the front page in a blue-colored cartridge.
The magazine was a compilation of various newspaper strip reprints such as the "The Phantom","Brick Bradford", "Charlie Chan", "Bringing Up Father", "Batman", "Alley Oop", each character featured on one page.
As a result of such a brief publishing, no complete Phantom story was published .
- issues 1 to 10: "The Precious Cargo of Colonel Winn" by Lee Falk and Ray Moore (incomplete – the last ten weeks only)
- issues 11 and 12: "The Fire Goddess" by Lee Falk and Ray Moore (incomplete – the first two weeks only)