The 1914 Baltimore News Babe Ruth rookie card

Alright, I guess with the recent auction results of this card going for over half a million dollars it's very safe to call this the 2nd most valuable card in the hobby behind only the T-206 Wagner. In fact, the only card to ever sell for more than this price is the PSA 8 Wagner. With this in mind, I wanted to start a thread to learn a bit more about this card.
Now, correct me if I'm wrong, but this card is relatively new to the hobby. I do not recall hearing or reading about this card 10-20 years ago like I read about the Wagner, Plank, '33 Lajoie, Magie error etc... I'm curious as to how it was discovered and why after all these years so many seem to have surfaced. I do not know how many of these are out there, but I do know there are two different versions, one with a blue border and one with a red border. Seems like there are quite a few of these floating around considering they were unknown not too long ago.
Just curious as to everyone else's thoughts on this card & any info anyone might have about this card & series in general.
Now, correct me if I'm wrong, but this card is relatively new to the hobby. I do not recall hearing or reading about this card 10-20 years ago like I read about the Wagner, Plank, '33 Lajoie, Magie error etc... I'm curious as to how it was discovered and why after all these years so many seem to have surfaced. I do not know how many of these are out there, but I do know there are two different versions, one with a blue border and one with a red border. Seems like there are quite a few of these floating around considering they were unknown not too long ago.
Just curious as to everyone else's thoughts on this card & any info anyone might have about this card & series in general.
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Comments
I think there are less than 20-25 of these floating around...some of which have surfaced only in the last few years due to the high value realized by some of the examples that have hit Lifson's auction.
Marc
Also they are NOT Babe Ruth's rookie card by the usual hobby definition, considering they are a minor league, regional issue.
They are very rare, Ive owned 4 examples from this set in 27 years, and I am always looking for them.
The 1914 cards show players from 1 of 2 teams, the Baltimore Terrapins of the Federal League (3rd Major League), and the Baltimore Orioles of the Eastern League (A Minor League, includes Ruth). There are 13 Terrapins and 12 Orioles in the set. They can be found in red tint or blue tint.
There are roughly 10 total cards "discovered" of the 1914 Balt. News Ruth.
The T206 Wagner, Plank, R319 Lajoie, etc. are far more common so you cant compare them.
The only well known rare/high$ card that can be compared as far as value and rareity is the T206 Joe Doyle. And IMO the Joe Doyle is still the second most $$ card, 8 years ago a PSA-2 sold for $180+K. If ever an example in PSA-5+ hit the market, it will be the next $1 Million card.
Steve
<< <i>
The only well known rare/high$ card that can be compared as far as value and rareity is the T206 Joe Doyle. And IMO the Joe Doyle is still the second most $$ card, 8 years ago a PSA-2 sold for $180+K. If ever an example in PSA-5+ hit the market, it will be the next $1 Million card. >>
I'm not sure I would make that statement....Doyle is in a different class than Ruth, for any of a variety of reasons. Please do not forget the timeline:
PSA 2 Doyle - $178+K, year 2000
PSA 3 Doyle - $64+K, year 2003
One grade higher sold for >60% less three years later. I'm sure if one hit the market now, it would go for an arm and a leg....but given that there are less than five Doyle's circulating, and at least one of those auctions was essentially a pissing contest between Olbermann and someone else...I don't think that it is a fair statement saying that Doyle is the second most expensive card.
Marc
Anyone else recall the specifics of that?
Anyone else recall the specifics of that?
over it.
Steve
Yes -- the Doyle Olbermann purchased from Mr. Mint that was graded by SGC was a fake. Lawsuit ensued.
Nonetheless, in today's present world, Olbermann owns a different (and legitimate) Doyle card.
With regard to the Ruth is one version (red or blue) considered more scarce than the other?
<< <i>When you get into pre war issues regionals can and are considered rookies. >>
Yes, but minor league cards are not.
Thanks for sharing.
It is all a matter of opinion.
Steve
CDsNuts, 1/9/15