Sunday, July 26, 2009

Two Honus Wagner T206's Sold At Record Prices

Two Honus Wagner T206's have recently been sold at record prices. On May 3rd a PSA1 Wagner was sold for $399,500, setting a new record for the highest price paid for that condition level.

Then on July 24th a SGC 40 sold for $925,000, again establishing a new benchmark level for a card in that quality range.

“The sales price is just another indicator that the demand for Wagner cards is still much greater than the supply,” said Memory Lane Inc.’s J.P. Cohen. “When one does come up for sale, there are usually collectors standing two or three deep waiting to buy it.”

The Wagner card has also proven to be a great investment for those who have had the resources to purchase one. “It just keeps appreciating, “ Cohen said. “This sale just continues the trend and proves the market for rare vintage baseball cards is alive and well.”

“The buyer said he has wanted one all his life and we’re glad we were able to help him buy a very nice one,” said Cohen.

Here is an update on recent Honus Wagner T206 cards sold:

PSA 1 / SGC 10 / BVG 1:
  • 2009 (May): PSA 1 - $399,500 (Source: Robert Edward Auctions)
  • 2008 (May): BVG 1 - $270,000 (Source: Robert Edward Auctions)
  • 2008 (May): SGC 10 Poor 1 - $227,050 (Source: Heritage Auctions)
  • 2008 (April): BVG 1 - $317,250 (Source: Robert Edward Auctions)
  • 2008 (April): SGC 10 Poor 1 - $227,050 (Source: Heritage Auctions)
  • 2004: PSA 1 - $109,638 (Source: honuswagner.com)
  • 2003: PSA 1 - $92,256 (Source: T206 Museum)
  • 2003: SGC 10 Poor 1 - $90,199 (Source: T206 Museum)
  • 2001: PSA 1 - $78,144 (Source: T206 Museum)
  • 2001: PSA 1 - $50,935 (Source: T206 Museum)
PSA 2:
  • 2006 (Dec): PSA 2 - $294,337 (Source: Memory Lane Inc.)
  • 2005: PSA 2 - $236,706 (Source: T206 Museum)
  • 2000: PSA 2 - $74,918 (Source: T206 Museum)
PSA 3 / SGC 40:
  • 2009 (July) SGC 40 VG 3 - $925,000 (Source: Memory Lane Inc.)
  • 2008 (Nov) SGC 40 VG 3 - $791,000 (Source: Philip Weiss Auctions)
  • 2000: PSA 3 - $145,314 (Source: T206 Museum)
GAI 3.5:
  • 2005: GAI 3.5 - $456,057 (Source: T206 Museum)
PSA 5:
  • 2008 (Aug): PSA 5 - $1.62 million (Source: Mastro Auctions)

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