August 14, 2022

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A rare T-206 Honus Wagner baseball ticket sold for $7.25 million in a private sale

A rare T-206 Honus Wagner baseball ticket sold for $7.25 million in a private sale

Collectibles market Goldin announced Thursday that the T-206 Honus Wagner has sold in a private sale for $7.25 million, a record sum for a sports card.

The figure exceeded 6.606 million dollars obtained for the purchase of another T-206 Wagner nearly a year ago to this day.

The recently sold Wagner Edition is ranked 2 out of 10 by Sportscard Guaranty Corp. or SGC; He broke the record 2021 He got 3 of the SGC.

“There is nothing on earth like a T-206 card,” Ken Goldin, CEO and founder of Goldin, said in a statement. “There’s a reason the Wagner card isn’t sold at a lower price than it was previously bought – the card is art, it’s history, it’s folklore.”

The folklore of the card hinges on its extreme rarity (there are somewhere between 50 and 60 copies) and multiple theories as to why there are so few Wagners, including:

  • Wagner printing plate breaks during production

  • Copyright dispute between the artist and the tobacco company

  • The most common theory, advanced by the Wagner family and the Metropolitan Museum of Art in New York, is that Wagner did not want to promote tobacco smoking to children and requested that the card be withdrawn from production.

  • The most plausible theory is that Wagner realized that he would not be justly compensated for his name, image, likeness and objection

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Regardless of the reason(s), so few copies have been released until 2022 that Wagner is routinely called the Holy Grail or Mona Lisa of trading cards.

“The T-206 is one of the reasons I do what I do,” Golden concluded.

While the sale is currently the overall record, there is a 1952 Topps Mickey Mantle card sent to Heritage Auctions that expires in just over three weeks; It stands at $7.08 million with a buyer’s premium and is expected to approach or exceed $10 million at close.