Rare T-206 Honus Wagner baseball card bought for document $7.25 million in non-public sale

Collectibles market Goldin introduced on Thursday {that a} T-206 Honus Wagner has bought in a personal sale for $7.25 million, a document quantity for a sports activities card.

The determine eclipsed the $6.606 million fetched for one more T-206 Wagner virtually a yr in the past to the day.

The model of the Wagner that bought not too long ago was graded a 2 out of 10 by Sportscard Warranty Corp., or SGC; the 2021 record-breaker acquired a 3 from SGC.

“There is nothing on this earth like a T-206 card,” mentioned Ken Goldin, government chairman and founding father of Goldin, in a press release. “There’s a reason why no Wagner card has … sold for less than it was previously purchased for — the card is art, it’s history, it’s folklore.”

The folklore of the cardboard hinges on its uber-rarity (someplace between 50 and 60 copies exist) and a number of theories on why so few Wagners exist, together with:

  • Wagner’s printing plate breaking throughout manufacturing

  • A copyright dispute between artist and tobacco firm

  • The preferred idea, supplied up by Wagner’s household and New York’s Metropolitan Museum of Artwork, is that Wagner did not wish to promote smoking tobacco to youngsters and requested the cardboard be pulled from manufacturing

  • Essentially the most logical idea is Wagner realized he would not be compensated pretty for his identify, picture and likeness and objected

Irrespective of the rationale(s), so few copies have made it to 2022 that the Wagner is routinely referred to as the holy grail or Mona Lisa of buying and selling playing cards.

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

Whereas the sale is presently the general document, there’s a 1952 Topps Mickey Mantle card consigned to Heritage Auctions that closes in simply over three weeks; it’s sitting at $7.08 million with purchaser’s premium and is anticipated to close or eclipse $10 million at shut.