Newly Discovered T206 Honus Wagner Card Auctioned for Over $5 Million

In-Depth Analysis

The T206 Honus Wagner card is one of the most iconic and valuable baseball cards in the world. Its scarcity is attributed to Wagner requesting the American Tobacco Company to stop producing the card shortly after its release in 1909. Theories for this request range from Wagner's opposition to promoting tobacco to children to disputes over compensation for his likeness.

This particular card, graded a PSA 1, was consigned to Goldin Auctions by the Shields family, who inherited it from their grandfather, Morton Bernstein. Bernstein, a silver manufacturing plant owner, collected trading cards in the early 1900s and kept them framed. The card's discovery and auction were featured on the Netflix series "King of Collectibles: The Goldin Touch," further boosting its visibility and value.

The top sales for T206 Wagner cards include:

$7.25 million (SGC 2, private sale, Aug. 4, 2022)
$6.61 million (SGC 3, auction via REA, Aug. 15, 2021)
$5.12 million (PSA 1, auction via Goldin, Feb. 21, 2026)

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FAQ

Why is the T206 Honus Wagner card so valuable?

Its scarcity, historical significance, and iconic status within the sports memorabilia world contribute to its high value.

What is PSA and SGC?

Professional Sports Authenticator (PSA) and Sportscard Guaranty Corporation (SGC) are leading grading services that assess the condition and authenticity of sports cards.

Takeaways

Rare sports memorabilia can command significant prices at auction.
The T206 Honus Wagner card remains one of the most sought-after collectibles.
The story behind a collectible can significantly impact its value.

Discussion

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Sources

Newly discovered T206 Honus Wagner card auctioned off at $5M You Can Buy One of History's Rarest Baseball Cards—if You Have Several Million Dollars to Spare T206 Honus Wagner card sells for $5.1 million after 116 years with same family

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