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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Sunday, February 1, 2009

SGC 40 VG 3 Honus Wagner T206 Fetches Record $791,000

As part of a three day estate sale from November 21-23 by Philip Weiss Auctions, a SGC 40 VG 3 Honus Wagner T206 sold for a record amount of $791,000.

According to Philip Weiss of Philip Weiss Auctions, "The only thing keeping the card from realizing a lot more money was its condition, which was SGC graded 3. Still, the pre-sale estimate was $500,000-$800,000, and it ended up selling toward the high end of that range. What added to its allure was the fact that it was fresh to the market, consigned by the original owner's family and never before offered."

According to my records, the last PSA 3 Wagner T206 sold was for $145,315 in 2000.

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

PSA 1 / SGC 10 / BVG 1:
  • 2008 (May): BVG 1 - $270,000 (Source: Robert Edward Auctions)
  • 2008 (May): 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:
  • 2005: PSA 2 - $236,706 (Source: T206 Museum)
  • 2000: PSA 2 - $74,918 (Source: T206 Museum)
PSA 3 / SGC 40:
  • 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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Sunday, October 12, 2008

The Top 10 Most Expensive Baseball Cards

Friday Night Lists recently put out a list of a the Top 10 Most Expensive Baseball Cards. It's no surprise that The Honus Wagner T206 came in at #1. Here's a quick look at the others that made the list:

10) 1951 Bowman #305 Willie Mays
9) 1954 Bowman #664 Ted Williams
8) Goudey 1933 'Heads-Up' R323 #274 Joe DiMaggio
7) Goudey 1933 #53 Babe Ruth
6) Leaf 1949 #8 Satchel Paige
5) Cracker Jack 1914 E145-1 #30 Ty Cobb
4) Cracker Jack 1914 E145-1 #103 Joe Jackson
3) Topps 1952 #311 Mickey Mantle
2) Goudey 1953 #106 Nap Lajoie
1) 1909 T206 #366 Honus Wagner

Some of the entries are surprising and I've seen a number of other cards sell for higher than the prices that are listed in the to 10 list but it's a brave attempt to create a top 10 list. Hopefully it will encourage others to improve on the data in the list!

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Sunday, October 5, 2008

Honus Wagner T206 Owner Revealed

October 2008 Update: It was recently revealed that the current owner of the famous Honus Wagner T206 is E.G. "Ken" Kendrick, managing general partner of the Arizona Diamondbacks baseball team. Kendrick is a veteran collector and is believed to be creating a sports museum at Chase Field where the card will be put on display.

This is an update to my Complete Honus Wagner T206 Price History post.

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Sunday, August 10, 2008

Honus Wagner T206 PSA 5 Sells For $1.62 Million

Last week a Honus Wagner T206 PSA EX 5 was purchased for $1.62 million. The owner John Rogers, 35, of North Little Rock, Arkansas who said purchasing the card was the fulfillment of a decades-long dream.

According to Rogers, "I call this the holy grail of baseball cards. I've looked at a number of other specimens, sat in a few other Wagner auctions. But this is the one that makes collecting worth while. Since I was 8 years old, I've hoped and dreamed that one day I'd be able to get one"

The second highest bid was $1.3 million by an anonymous bidder in the Mastro Auction for the card.

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

PSA 1 / SGC 10 / BVG 1:
  • May 2008: BVG 1 - $270,000 (Source: Robert Edward Auctions)
  • May 2008: 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:
  • 2005: PSA 2 - $236,706 (Source: T206 Museum)
  • 2000: PSA 2 - $74,918 (Source: T206 Museum)
PSA 3:
  • 2000: PSA 3 - $145,314 (Source: T206 Museum)
GAI 3.5:
  • 2005: GAI 3.5 - $456,057 (Source: T206 Museum)
PSA 5:
  • August, 2008: PSA 5 - $1.62 million (Source: Mastro Auctions)

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Sunday, July 20, 2008

1896 - Meeting Ed Barrow - Honus Wagner Biography

Wagner Signs with Paterson

In early 1896, plans were being made behind the scenes for Honus Wagner's future. Ed Barrow, manager of the Wheeling squad which defeated Wagner's Warren team in the season ending 1895 series, was looking to bolster his team for the coming season. He had sold Wheeling and invested into a new team, Paterson, in the newly-created Atlantic League. Barrow met with a local talent spotter, Shad Gwilliam, who suggested taking a look at Honus and his brother Al. Barrow remembered playing against them and was impressed with their talent. He felt Al was a better player but would be difficult to manage. Al had also recently signed with Toronto from the Eastern League so Barrow decided to make Honus an offer.

Barrow went to Carnegie to talk with Honus and found him engaged in a rock throwing competition with his friends. Impressed with the power of Honus' arm, Barrow was convinced that he had to sign this young talent to his new club. Honus hesitated after recalling the chaos that was the 1895 season but when Barrow ignored the league salary limit of $100 / month and offered Honus $125 / month, it made the decision to say yes much easier. Honus would be making more in the summer than the average worker earned in a year ($439).

According to Barrow:
"It was a bright and sunny day when I landed in [Carnegie] and asked directions to the Wagner brothers' pool parlor. It was located in a low, dingy red brick building, and when I went inside the place I found it was deserted except for a boy dozing in a chair with his feet up on a big round-bellied stove in the middle of the room.

I asked for Hans Wagner.

"All the fellows are down at the railroad yards, having a throwing match," the boy said, hardly stirring himself. I set off for the yards.

When I got there I could see a group of eight or ten young men walking up the tracks towards me. I walked down to meet them, and as I got closer I could make out the young Hans in the van, a derby hat on the back of his head with a chicken feather stuck in the band. He was unmistakable, with his bow legs and long arms and ambling, awkward gait.

As we came up to each other, I got to the point immediately. I asked him if he wanted to play ball for me in Paterson. Wager was diffident. He didn't know. He didn't know whether he wanted to play ball at all. As we talked he would stoop over every once in a while and pick up a lump of coal or a stone and heave it up the railroads tracks. He threw with a great sweep and almost no effort, and as I watched the rocks sail a couple of hundred feet up the track I knew I had to have this fellow on my ball club. We had a league limit of $100 a month for players, but I offered Wagner $125. He accepted and we went back to the poolroom and signed an agreement."
Wagner had a slightly different version of the story:
"When we saw him come we all ran like hell, and he had to chase us before he could get me. We thought he and his partner were a couple of railroad bulls who were trying to arrest us for throwing rocks at company property.

I thought it was pretty good pay for a young player of 22. It was the beginning of a great friendship with Barrow and a lucky break for me."
As word spread of the Wagner signing, Barrow was contacted by Captain Kerr of the Pittsburgh Pirates who again tried to land Wagner. Barrow chose to keep Honus but promised Kerr the first opportunity to acquire Wagner if he developed into a serious talent and his contract came up for sale.

Signed to a new club, Honus Wagner was ready to start the 1896 season.

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Sunday, July 6, 2008

David Martinez on Honus Wagner

David Martinez is a member of the Society of American Baseball Research and the author of "The Book of Baseball Literacy" (published 1996 and 2000). He is also the man behind the baseball blog Baseball Mud: History, Stats, and Other Stuff, a new blog with interesting tidbits of baseball lore, literature, personalities, statistics, terminology, and more.

In one of David's posts, he discusses his opinion on how Honus Wagner is the greatest Pittsburgh Pirate of all time:
Who's the greatest? It really is no contest. Honus Wagner is not only the greatest Pirate of all time, he's one of the top five players of all time. Don't know much about Wagner? As a fielder, Wagner was the greatest of his time. As a hitter and baserunner, only Ty Cobb was better. As a positive clubhouse influence, he was unmatched. He was more beloved by fans than anybody until Babe Ruth. He was friendly with rookies and veterans alike, and he maintained his humility despite his fame.

“If I had a choice of all players who have played baseball,” long-time Yankee boss Ed Barrow, who guided Babe Ruth’s career, once said, “the first man I would select would be Honus Wagner.” And legendary manager John McGraw said: “I consider Wagner not only as the number one shortstop, but had he played in any position other than pitcher, he would have been equally great at the other seven positions. He was the nearest thing to a perfect player no matter where his manager chose to play him.”
In a subsequent post, David explains why he put Wagner on his list of the top 5 players of all time:
Other than Babe Ruth, I don't know for sure who I would list among the other top ballplayers. Probably Willie Mays, Walter Johnson, and Barry Bonds. Or maybe Roger Clemens instead of Johnson. I don't know. There are dozens of ways to crunch the numbers and each would come up with a different result.

Why Honus Wagner? He played so long ago, when the game was so different, that it seems odd to believe that a bow-legged shortstop from 100 years ago remains one of the greatest players of all time.

The way I look at it is, how much did he help his teams win and how much better was he than his contemporaries? And by that measure, Wagner is near the top of the list.

What we have is one of the greatest offensive performers of all time, playing the best shortstop, on one of the best teams of his era.

It would take a lot of convincing before I would stop revering Honus Wagner.
In his post David also compares Wagner's 1908 season to the statistics from modern day heroes like Alex Rodriguez and Albert Pujols to show how amazing Wagner's achievements really were.

If you haven't heard of David's blog before it's definitely worth a read - I discovered it through his Honus Wagner posts and am looking forward to future entries!

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