Sunday, May 4, 2008

Honus Wagner T206 SGC 10 Poor 1 Auction Results

Heritage Auctions has finished its auction of the Honus Wagner T206 SGC 10 Poor 1.

As I noted last week, the minimum bid for the card when the auction started was $31,250. The card ended up selling for an astounding $227,050 (including a 19.5% buyer's premium).

The auction had 12 different bidders as was viewed over 2,000 times.

A previous PSA 1 Wagner T206 sold for $110,000 in 2005. The $227,050 price tag represents a significant jump in value and only goes to show how much card collectors want to get their hands on a famed Wagner T206.

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

PSA 1 / SGC 10:
  • 2008: SGC 10 Poor 1 - $227,050 (Source: Heritage Auctions)
  • 2004: PSA 1 - $109,638 (Source:
  • 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)

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Sunday, April 27, 2008

Honus Wagner T206 SGC 10 Poor 1 Up For Auction

Heritage Auctions is putting up a Honus Wagner T206 for auction. The trading card portion of the auction will end on Friday, May 2nd in an Extended Bidding format, each lot closing individually after thirty minutes of bidding inactivity following the 9 PM CST cut-off.

1909-11 T206 Honus Wagner SGC 10 Poor 1:

MINIMUM BID: $31,250 - View Auction Site

Even though the minimum bid started at $31,250, the current price is already $150,000. How much is the card worth? In 2005, a PSA 1 Honus Wagner T206 sold for $110,000. It looks like the pricing will be breaking new ground with this new auction!

According to the Heritage Auctions description:
"There is something Lincolnesque about him," Pulitzer Prize-winning sports journalist Arthur Daley once wrote, "his rugged homeliness, his simplicity, his integrity, and his true nobility of character." Hall of Fame manager John McGraw considered him the greatest ballplayer of all time, and Ty Cobb recalled him as the one man he couldn't intimidate. Yet despite the universal high praise from friends and foes, and his membership in the 1936 inaugural class of the Baseball Hall of Fame, Honus Wagner is best remembered today as the face on the most valuable and coveted of all baseball cards.

While there is some truth to the argument that Wagner's greatness plays a role in the importance of this ultimate collecting rarity, one must acknowledge that it's a supporting role only. An equal print run to contemporaries like Cobb, Young and Mathewson would almost certainly have found Wagner's value equivalent to those legends' as well. But it was Wagner's refusal of the American Tobacco Company's request for permission to use his image that set him apart and above.

The most popular story to explain this refusal is that Wagner wished to play no role in the promotion of the use of tobacco, though it has been justly stated that he was himself a user, and had appeared in advertisements for many tobacco products previously. Another theory notes Wagner's reputation as a fierce negotiator, arguing that it was nothing more than a case of a failure to agree upon a dollar figure that led the ATC to end production of Wagner's card almost as soon as it started.

This unsolved mystery has only served to further enhance the mystique of the treasure presented here, one of just a few dozen examples of the famed Honus Wagner T206 known to exist. A colorized version of a studio portrait by celebrated early baseball photographer Carl Horner, the unmistakable image on the card face finds the superstar shortstop gazing into the middle distance, set against a backdrop of solid orange. The early spelling of his hometown "Pittsburg" is applied across the chest of his high-collared jersey, and again beside his block lettered surname at the bottom border. The verso provides an advertisement for Sweet Caporal Cigarettes, and the trading cards within, noting "Base Ball Series, 150 Subjects."

Condition is admittedly imperfect, though this is the case for all but a few of the tiny supply of surviving examples. Several creases thread their way through the ancient cardboard, and the passing decades have rounded the corners smooth like water polishing stones in a riverbed. Black fountain pen ink blotches the verso, yet remains mercifully clear of the front. Though the card comes by its Poor rating honestly, it retains a dignified countenance, presenting wonderfully despite its faults.

The opportunity to play a role in the history of a piece such as this is one that should appeal to true collectors of any discipline, not just those with a particular affinity for the sporting world. Stamp collecting has the Inverted Jenny, and comics has Action #1. For baseball card collecting, the T206 Honus Wagner will always hold that special distinction as the ultimate prize, and will establish its owner as one the world's elite hobbyists.

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