Monday, June 19, 2017

Honus Wagner Card Sets Record

The Honus Wagner card talked about here a few times, recently up for auction, has sold.

the online auction saw the record-breaking sale of a 1909-11 Honus Wagner T206 baseball card for $609,294.  The PSA 1 example has been referred to as “The Original Wagner” based on the fact that it was the first of its kind to be featured in mainstream media in 1930.

The card was purchased by Georgia businessman J. Ross Greene for $48,500 in 1996 ($75,586 in today’s dollars). The $609,294 price is the most ever paid for a “Poor” condition Wagner and over $200,000 higher than the last PSA 1 Wagner that sold in May of 2013.  It also bested a PSA 2 sold last month. [Link to story]

I was not the winning bidder. My birthday is coming up, however, so you never know. Maybe someone purchased it on my behalf. 

Thursday, June 8, 2017

Honus Wagner Auction Update

Bidding for the T206 “Original” Honus Wagner card at SCP Auctions is now at $417,724 heading into the final three days.

The card is expected to sell for over $500,000. Not a bad take considering the owner purchased the card 21 years ago for $48,500.

Looks like a good ROI.

I once bought 20 Corey Patterson PSA 10 rookie cards as an investment. "Who's Corey Patterson?" you may ask. I know who he is. He's a guy who lost a lot of my money.


Wednesday, June 7, 2017

Largest T206 Collection Now on Display

There are 5,257 known possible card combinations in the full T206 set. Combinations consist of players, poses, and advertisers on the card backs. I have approximately 20!

Card collector, David Hall, has a collection of over 5,000 of these combinations, the largest collection known. The collection is estimated to be worth over $10 million.

Later this week, a few of the rarest cards in the $10 million collection will be on display at the Long Beach Expo.

Hall, the President of Collectors Universe, began attacking the T206 set with a vengeance just nine years ago, chasing not only each of the more than 500 subjects in the famous tobacco issue, but each of the different advertising backs.  No other collector as assembled even 3,000 different. 

 . . . . .
The collection includes 55 Ty Cobb cards (out of 57 possible), all 31 Walter Johnson possibilities, 40 out of 41 Christy Mathewson, 38 out of a possible 39 Cy Young cards and two of the four possible rare Eddie Plank variations.

“I was an animal about this,” he joked.  “The dealers found out and would offer me cards. I advertised to buy and would go to the National and look at everyone’s cards.  Everyone knew.  I had a bit of a target on my back.”
 . . . . .

Hall said he’s hoping that the Expo will give collectors a chance to learn “how much fun T206s are” even if you don’t have the disposable income to build a collection like his. His advice?  “Do your homework and buy what you like,” he stated. “With the internet, prices are pretty transparent now.  Don’t buy what someone else tells you to buy. Just buy what you enjoy.”

Hall says he's close to being done and putting the collection up for sale since adding to it is nearly impossible now. At least it's a hobby where you can retain some value, not all wasted money, which is nice. That's what I tell my wife anyway.

You can read the full article here.