Finest known Honus Wagner Baseball Card

beckwb

I know this is a coin forum but sometimes it is good to compare asset classes. In this case, the finest known T206 Honus Wagner Baseball Card recently sold for $2.35 million. It is a PSA NM-MT 8. It had previously been owned by Wayne Gretzky. Interestingly, he bought it for $1.2 million in 2000. Thats a return of 11% per year. There are 50-60 known copies and PSA (baseball card's version of PCGS) has encapsulated 28 of them. Only three of them have earned grades of 4 (VS-EX) or better. It apparently was bought by a private collector in California but with a minority ownership by SCP Auctions. This seems similar to the partnerships that have occurred in the highest priced coins over the past few years. I would have thought someone would have paid $2 million to own it outright.

morgansforever

I saw this on the news, cool card, and a 95% profit to boot.

tradedollarnut

Welcome back, Bob!

I like my nickel more and more!

seateddime

that is big bucks!

Russ

Thanks for the breaking news!

Russ, NCNE

mrearlygold

Oh good, another Honus Wagner thread

PerryHall

If it wasn't for his baseball card, how many people would have ever heard of him?

rgl1345

Cool, lets put him on a coin!

theump

<< <i>If it wasn't for his baseball card, how many people would have ever heard of him? >>





You mean one of the greatest ballplayers of all time? That's why the card is so valuable, because he was such a good player.

BobaFett72

3400 hits and .327 average, 1700 RBI's playing in an era with substandard equipment, dead ball. The card is popular due to the story behind it, the player himself and it's incredible scarcity. I held one in my hands once at a card show many years back. It was torn and tattered but I was in awe.

Nothing beats old cardboard

Russ

<< <i>If it wasn't for his baseball card, how many people would have ever heard of him? >>



No more than every baseball fan on the planet.

Russ, NCNE

RYK

<< <i>If it wasn't for his baseball card, how many people would have ever heard of him? >>



He was easily the greatest player of his generation.

Stork

<< <i><< If it wasn't for his baseball card, how many people would have ever heard of him? >> >>


Mothers of 9 year old boys have heard of him too, however unwillingly !

PerryHall

<< <i>

<< <i>If it wasn't for his baseball card, how many people would have ever heard of him? >>



No more than every baseball fan on the planet.

Russ, NCNE >>



Sorry. I guess you guys figured out that I'm not a baseball fan.