Update: The card sold early Saturday morning for $1.871 million after 15 bids — not including a 12.5 percent buyer’s premium. That ups the minimum price paid to $2.1 million — or $2,105,770.50 to be exact.
By Chris Olds | Beckett Baseball Editor
How high will it go?
The PSA 5 (MC) copy of the famed T206 Honus Wagner card — one of only three cards graded 5 or higher by PSA — is entering its final day on the auction block via Goldin Auctions and sits at $1.571 million after 13 bids. The bidding ends on Friday.
This card, dubbed the “jumbo Wagner” because it’s actually larger than standard T206 size, previously sold for $1.62 million in 2008. In April, a SGC 3 copy of the Wagner went for $1.23 million through Goodwin & Co.
“With less than 60 authenticated Wagner cards out there, the opportunity to purchase one does not come around very often,” said Ken Goldin, the founder of Goldin Auctions. “The few owners recognize the investment potential of these ultra-rare, highly sought after collectibles and rarely sell them. It is easily the most famous of all trading cards and the ultimate addition to any collection.”
The only PSA 8 copy of this card, which has been shown to have been hand-cut from a sheet before grading, previously sold for $2.8 million in 2007, which is a record for any type of sports card.
Chris Olds is the editor of Beckett Baseball magazine. Have a comment, question or idea? Send an email to him at firstname.lastname@example.org. Follow him on Twitter by clicking here.