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Rare Book Monthly

Articles - May - 2013 Issue

Collectors Take Note: Baseball Card Sells for Over $2 Million

The million dollar Wagner (left) and the hundred thousand dollar Wagner.

The million dollar Wagner (left) and the hundred thousand dollar Wagner.

Honus Wagner was one of the greatest baseball players to ever take the field. He was well paid for his era, peaking at $10,000 per year over the last decade of his career, which ended in 1917. In his lifetime, Honus Wagner never made anything close to what one Honus Wagner baseball card made this past month. Add a month and you can probably make that two Honus Wagner baseball cards.

At auction on the Goldin Auctions website in April, a 1909 Honus Wagner baseball card sold for the astounding price of $2,105,770.50. This was not just any Honus Wagner card. While books are graded more vaguely - fine, very good, good, fair, poor, there is a more exacting rating scale for baseball cards. As such, this and one other card have the second highest rating of any known examples. To put this in perspective, the highest rated card sold for $2.8 million a couple of years ago, the sixth highest rated for $1.23 million. Collectors take their baseball cards a lot more seriously than the kids who used to flip them and stick the pack in their pockets. None is taken more seriously than the 1909-1911 American Tobacco Company Honus Wagner.

Johannes Peter “Honus” Wagner began his baseball career in 1897 with the Louisville Colonels. After that club folded, he moved on to the Pittsburgh Pirates, where he remained the rest of his career. If Wagner is not as well known today as Babe Ruth or Ty Cobb, it may have something to do with his playing in Pittsburgh. Those three were the top vote-getters in the first election to the Hall of Fame. Wagner finished behind Cobb but tied with Ruth (pitchers Christy Mathewson and Walter Johnson were the only other initial inductees). He regularly remains the choice of experts as the greatest of all shortstops and one of the greatest to play the game, even if fan polls no longer rate him so high. They don't know Honus.

After his retirement at age 43, exceedingly old for a ballplayer in that era, Wagner served as a coach for the Pirates for many years, the largest part of that time as hitting instructor. The first player to reach 3,000 hits, he knew how to swing a bat. Nevertheless, it is his career as a baseball card that he is best known for today. This card, referred to as the T206 Honus Wagner, was issued in 1909, the year he won his seventh batting title. While a card of Wagner would undoubtedly be collectible under any circumstances considering his prowess on the field, there is something that makes this card of particular interest – rarity. Very few (estimated 200) were issued, with around 50-60 surviving. Most are not in great shape.

There is an explanation for the card's rarity. The American Tobacco Company issued the card without Wagner's permission. He was not pleased. He demanded it be withdrawn and the tobacco company slowly complied. The obvious explanation is that he was unhappy with not being compensated, but advertising was not such a big deal for athletes then and he did not reach an agreement with the company. His granddaughter said that, though a smoker himself, Wagner did not want to encourage children to buy cigarettes. In 1909, baseball cards came with cigarettes rather than bubblegum.

If you missed this auction, it is not too late to pick up a T206 Honus Wagner. Robert Edwards Auctions has one up for sale in an auction that closes May 18. This one won't put you out for nearly so much money. The estimate is a mere $300,000. It is a nice, bright card, but it is not crisp or like new. Someone flipped it a few too many times, or stuck it in his pocket, as it has several creases. The current owner will pay big time for that long ago carelessness. Still, this is a Honus Wagner, and you don't get Honus Wagners for pocket change. Even this one will bring more than Wagner made during his lifetime, at least his lifetime as a baseball player. Some people make more off of Honus' baseball career than he ever did, and they aren't even owners of a baseball team.

While this card is not in as good shape, it comes with a fascinating story behind it, a unique provenance. It was on display at the All Star Cafe in New York City, part of the Charlie Sheen Collection, loaned by the actor. Some employees devised a plan to steal the card and replace it with a copy. The theft worked as the fake looked real enough from behind glass. The thieves sold the card to a memorabilia dealer, claiming it was found in a grandfather's attic. However, they did not leave well enough alone. A second theft resulted in a broken display case, which in turn led to the realization that the Wagner card had been replaced with a fake. Police tracked down the thieves and the card was recovered. Hopefully, other difficult issues in Charlie Sheen's life will also turn out so well.

Rare Book Monthly

  • Fonsie Mealy’s
    Rare Books & Collectors’ Sale
    April 30th & May 1st
    Fonsie Mealy’s, Apr 30-May 1: Taylor (Geo.) & Skinner (A.) Maps of the Roads of Ireland, Surveyed 1777. Lond. & Dublin 1778. €500 to €750.
    Fonsie Mealy’s, Apr 30-May 1: Messingham (Thos.) Florilegium Insulae Sanctorum seu Vitae et Acta Sanctorum Hibernia, Paris 1624. €350 to €500.
    Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus). The Haw Lantern, L. (Faber & Faber) 1987, First Edn., Signed and dated. €225 to €350.
    Fonsie Mealy’s, Apr 30-May 1: Valencey (Lt. Col. Chas.) Collectanea de Rebus Hibernicis, Vols. I-IV, 4 vols. Dublin 1786. €400 to €600.
    Fonsie Mealy’s, Apr 30-May 1: Powerscourt (Viscount). A Description and History of Powerscourt, Lond. 1903. €350 to €500.
    Fonsie Mealy’s, Apr 30-May 1: Moryson (Fynes). An Itinerary ... Containing His Ten Yeeres Travel Through the Twelve Dominions of Germany, Bohermerland, Sweitzerland…, Lond. (John Beale) 1617. €700 to €1,000.
    Fonsie Mealy’s, Apr 30-May 1: After Buffon, Birds of Europe, c. 1820. Approx. 120 fine hd. cold. plts., mor. backed boards. €125 to €250.
    Fonsie Mealy’s, Apr 30-May 1: Dunlevy (Andrew). An Teagasg Criosduidhe De Reir Ceasda agus Freagartha... The Catechism or Christian Doctrine by Way of Question and Answer, Paris (James Guerin) 1742. €400 to €700.
    Fonsie Mealy’s, Apr 30-May 1: The Georgian Society Records of Eighteen-Century Domestic Architecture in Dublin, 5 vols. Complete, Dublin 1909-1913. €500 to €750.
    Fonsie Mealy’s, Apr 30-May 1: Scale (Bernard). An Hibernian Atlas or General Description of the Kingdom of Ireland, L. (Robert Sayer & John Bennet) 1776. €625 to €850.
    Fonsie Mealy’s, Apr 30-May 1: [Johnson (Rev. Samuel)]. Julian the Apostate Being a Short Account of his Life, together with a Comparison of Popery and Paganism,L. (Langley Curtis) 1682. €300 to €400.
    Fonsie Mealy’s, Apr 30-May 1: Nichlson (Wm.) Illustrator. An Almanac of Twelve Sports, Lond. 1898. €300 to €400.
    Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus) trans. The Light of the Leaves, 2 vols., Mexico (Imprenta de los Tropicos/Bunholt) 1999. €1,500 to €2,000.
    Fonsie Mealy’s, Apr 30-May 1: Fleming (Ian). Moonraker, L. (Jonathan Cape) 1955. €1,500 to €2,000.
    Fonsie Mealy’s, Apr 30-May 1: Heaney (Seamus) & Egan (Felim) artist. Squarings, Twelve Poems, D. (Hieroglyph Editions Ltd.) 1991. €1,750 to €2,250.
  • Bonhams, Apr. 21-29: ANDERSEN'S EXTREMELY RARE FIRST APPEARANCE IN PRINT. "Scene af: Røverne i Vissenberg i Fyen." in Harpen, 1822.
    Bonhams, Apr. 21-29: FIRST ISSUE OF THE FIRST THREE FAIRY TALE PAMPHLETS, WITH ALL INDICES AND TITLE PAGES. Eventyr, fortalte for Børn. 1835-1837.
    Bonhams, Apr. 21-29: THE FIRST FAIRY TALES WITH A SIGNED CARTE DE VISITE OF ANDERSEN AS FRONTIS. Eventyr, fortalte for Børn. 1835-1837.
    Bonhams, Apr. 21-29: KARL LAGERFELD. Original pastel and ink drawing in gold, red and black for Andersen's The Emperor's New Clothes (1992), "La cassette de l'Empereur."
    Bonhams, Apr. 21-29: PRESENTATION COPY OF THE SIXTH PAMPHLET FOR PETER KOCH. Eventyr, Fortalte For Børn, Second Series, Third Pamphlet. 1841. Publisher's wrappers, complete with all pre- and post-matter.
    Bonhams, Apr. 21-29: HANS CHRISTIAN ANDERSEN RARE AUTOGRAPH QUOTATION SIGNED IN ENGLISH from "The Ugly Duckling," c.1860s.
    Bonhams, Apr. 21-29: HEINRICH LEFLER, ORIGINAL WATERCOLOR FOR ANDERSEN'S SNOW QUEEN, "Die Schneekönigin," 1910.
    Bonhams, Apr. 21-29: FIRST EDITION OF ANDERSEN'S FAIRY TALES IN ENGLISH. Wonderful Stories for Children. London, 1846.
    Bonhams, Apr. 21-29: ANDERSEN ON MEETING CHARLES DICKENS. Autograph Letter Signed ("H.C. Andersen") in English to William Jerdan, July 20, 1847.
    Bonhams, Apr. 21-29: PRESENTATION COPY FOR EDGAR COLLIN. Nye Eventyr og Historier. Anden Raekke. 1861.
    Bonhams, Apr. 21-29: DOLL HOUSE FURNITURE BY HANS CHRISTIAN ANDERSON, DECORATED WITH FANTASTICAL CUT-OUTS, for the children of Jonna Stampe (née Drewsen), his godchildren.
    Bonhams, Apr. 21-29: PRESENTATION COPY FOR GEORG BRANDES. Dryaden. Et Eventyr fra Udstillingstiden i Paris 1867. 1868.
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  • Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: The Shem Tov Bible, 1312 | A Masterpiece from the Golden Age of Spain. Sold: 6,960,000 USD
    Sotheby’s: Ten Commandments Tablet, 300-800 CE | One of humanity's earliest and most enduring moral codes. Sold: 5,040,000 USD
    Sotheby’s: William Blake | Songs of Innocence and of Experience. Sold: 4,320,000 USD
    Sotheby’s: The Declaration of Independence | The Holt printing, the only copy in private hands. Sold: 3,360,000 USD
    Sotheby's
    Sell Your Fine Books & Manuscripts
    Sotheby’s: Thomas Taylor | The original cover art for Harry Potter and the Philosopher's Stone. Sold: 1,920,000 USD
    Sotheby’s: Machiavelli | Il Principe, a previously unrecorded copy of the book where modern political thought began. Sold: 576,000 GBP
    Sotheby’s: Leonardo da Vinci | Trattato della pittura, ca. 1639, a very fine pre-publication manuscript. Sold: 381,000 GBP
    Sotheby’s: Henri Matisse | Jazz, Paris 1947, the complete portfolio. Sold: 312,000 EUR

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