Rare Book Monthly

Articles - February - 2021 Issue

New Record Price for a Baseball Card - $5.2 Million

The $5.2 million baseball card (PWCC photo).

A new record price has been set for a baseball card, and this time it topped $5 million. The card is a Tops 1952 Mickey Mantle rookie card, sold by PWCC to Indianapolis native Rob Gough. The final price was $5.2 million. It leapt over the previous high price of $3.93 million paid for a Bowman Chrome Superfactor purchased last year. That was a rookie prospect one-of-a-kind Mike Trout card created in 2009. If you are wondering what the Mantle card cost new, it was 5¢, and with that you got four other cards and a stick of gum.

 

For reference, the highest salary Mantle ever made was $100,000 and his total career earnings were $1.12 million.

 

This Mickey Mantle card is graded a 9 on a scale where the very best condition is a 10. It is one of only 6 known cards graded at 9. There are also 3 that are graded a 10 and one can only imagine what those might bring.

 

While many people remember watching (or listening to) Mantle play, Rob Gough was not one of them. He was born in 1969, the year after Mantle retired. Nonetheless, he has been looking for this card for years. He has owned Mantle rookie cards before, but always of a lower grade. He has described the card he purchased as the “Holy Grail” and the “Mona Lisa” of baseball cards (although, in fairness to the Mona Lisa, it is more like a superfractor card – one of a kind).

 

Your immediate reaction may be that Gough is an idle rich man foolishly throwing his money around. Gough is no fool or amateur investor. He made his fortune as an entrepreneur and investor, buying and selling businesses, most recently the clothing brand Dope. He is a savvy investor. That is not to say this is merely an investment. He is a collector who has long dreamed of owning this card. Nonetheless, he has a keen eye for value. Overpaying is not part of his nature. Forbes quoted him as saying “I think I got a tremendous deal on this card,” and that he believed it was “massively undervalued.” That might sound like an exaggeration it having sold just a little over two years ago for only $2.88 million (the second highest price ever paid for a baseball card at the time). Again, Gough is a smart investor and he has his reasons for saying it is a deal. He told the Indy Star that less iconic cards have sold for ten times their previous price over the same time period. This one is less than a double. Maybe he is onto something.

 

However, Gough made one claim to the Star that I still question. Noting that “anything is possible,” he said “Anybody from Indianapolis can do the same thing.” If so, those Indianapolitans are wealthier than residents of any other city I know.

Rare Book Monthly

  • Fonsie Mealy’s, Dec. 12-13: Roberts (David) & Croly (George). The Holy Land, Syria, Idumae, Arabia, Egypt and Nubia. Lond. 1842 - 1843 [-49]. First Edn. €10,000 to €15,000.
    Fonsie Mealy’s, Dec. 12-13: Incunabula: O'Fihily (Maurice). Duns Scotus Joannes: O'Fihely, Maurice Abp… Venice, 20th November 1497. €8,000 to €12,000.
    Fonsie Mealy’s, Dec. 12-13: An important file of documents with provenance to G.A. Newsom, manager of the Jacob’s Factory in Dublin, occupied by insurgents during Easter Week 1916. €6,000 to €9,000.
    Fonsie Mealy’s, Dec. 12-13: WILDE (Oscar), 1854-1900, playwright, aesthete and wit. A lock of Wilde’s Hair, presented by his son to the distinguished Irish actor Mícheál MacLiammóir. €6,000 to €8,000.
    Fonsie Mealy’s, Dec. 12-13: Heaney (Seamus). Bog Poems, London, 1975. Special Limited Edition, No. 33 of 150 Copies, Signed by Author. Illus. by Barrie Cooke. €4,000 to €6,000.
    Fonsie Mealy’s, Dec. 12-13: Binding: Burke, Thomas O.P. (de Burgo). Hibernia Dominicana, Sive Historia Provinciae Hiberniae Ordinis Praedicatorum, ... 1762. First Edition. €4,000 to €6,000.
    Fonsie Mealy’s, Dec. 12-13: COLLINS, Michael. An important TL, 29 July 1922, addressed to GOVERNMENT on ‘suggested Proclamation warning all concerned that troops have orders to shoot prisoners found sniping, ambushing etc.’. €3,000 to €4,000.
    Fonsie Mealy’s, Dec. 12-13: Scott Fitzgerald (F.) The Great Gatsby, New York (Charles Scribner's Sons) 1925, First Edn. €2,000 to €3,000.
    Fonsie Mealy’s, Dec. 12-13: Yeats (W.B.) The Poems of W.B. Yeats, 2 vols. Lond. (MacMillan & Co.) 1949. Limited Edition, No. 46 of 375 Copies Only, Signed by W.B. Yeats. €1,500 to €2,000.
    Fonsie Mealy’s, Dec. 12-13: Miller (William) Publisher. The Costume of the Russian Empire, Description in English and French, Lg. folio London (S. Gosnell) 1803. First Edn. €1,000 to €1,500.
    Fonsie Mealy’s, Dec. 12-13: Miller (William) Publisher. The Costume of Turkey, Illustrated by a Series of Engravings. Lg. folio Lond.(T. Bensley) 1802. First Edn. €800 to €1,200.
    Fonsie Mealy’s, Dec. 12-13: Mason (Geo. Henry). The Costume of China, Illustrated with Sixty Engravings. Lg. folio London (for W. Miller) 1800. First Edn. €1,400 to €1,800
  • ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
    abaa.org/vbf
    ABAA VBF: Holiday Edition
    November 30-December 2
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  • Sotheby’s
    Fine Books from a Distinguished Private Library
    28 November 2023
    Sotheby’s, Nov. 28: Captain Thomas Brown | Illustrations of the American ornithology. £80000-120000
    Sotheby’s, Nov. 28: William Hamilton | Campi phlegraei. £40000-60000
    Sotheby’s, Nov. 28: Nicola Zabaglia and Domenico Fontana | Castelli, e ponti con alcune ingegnose pratiche. £6000-8000
    Sotheby’s, Nov. 28: Bible, German | Nuremberg: Koberger, 1483. £40000-60000
    Sotheby’s, Nov. 28: Bible, English | King James version. £8000-12000
  • Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    30th November, 2023
    Forum Auctions, Nov. 30: Saint Jerome penitent, woodcut with contemporary hand-colouring and letterpress text beneath, [Augsburg], [Johann Froschauer], [c.1498]. £15,000 to £20,000.
    Forum Auctions, Nov. 30: Elimithar (Elluchasem) "Ibn Butlan". Tacuini sanitatis, first edition, Strasbourg, Johann Schott, 1531. £15,000 to £20,000.
    Forum Auctions, Nov. 30: [Missale Romanum], Latin, Incipit ordo missalis secundum consuetudinem Curiae Romani, manuscript in Latin, on vellum, 234ff. [c. 1400]. £15,000 to £20,000.
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    30th November, 2023
    Forum Auctions, Nov. 30: Foyle copy.- [Shakespeare (William)]. Macbeth. A Tragedy: With all the Alterations, Amendments, Additions, and New Songs. As it is now Acted at the Theatre Royal, for Hen. Herringman, 1687. £5,000 to £7,000.
    Forum Auctions, Nov. 30: Dickens (Charles). A Christmas Carol. In Prose. Being a Ghost Story of Christmas, first edition, first impression, first issue, Chapman & Hall, 1843. £12,000 to £18,000.
    Forum Auctions, Nov. 30: Lawrence (T.E.) Revolt in the Desert, working draft typescript, 1927. £10,000 to £15,000.
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    30th November, 2023
    Forum Auctions, Nov. 30: Hampstead Bindery.- Phillips (Stephen). Marpessa, exquisitely bound by The Hampstead Bindery, almost certainly P.A. Savoldelli, 1900. £6,000 to £8,000.
    Forum Auctions, Nov. 30: Matisse (Henri).- Joyce (James). Ulysses, one of 1500 copies, this one of 250 signed by the author and artist, New York, The Limited Editions Club, 1935. £8,000 to £12,000.
    Forum Auctions, Nov. 30: Burroughs (Edgar Rice). Tarzan at the Earth's Core, first edition, signed presentation inscription from the author to his son, New York, 1930. £5,000 to £7,000.
    Forum Auctions
    Fine Books, Manuscripts and Works on Paper
    30th November, 2023
    Forum Auctions, Nov. 30: Fitzgerald (F. Scott). Tender is the Night, first edition, first printing, signed by the author, New York, 1934. £15,000 to £20,000.
    Forum Auctions, Nov. 30: Fleming (Ian).- Hooks (Mitchell) and David Chasman. Dr. No, British film poster, Stafford & Co Ltd, [1962]. £10,000 to £15,000.
    Forum Auctions, Nov. 30: America.- California.- Palou (Francisco). Relacion Historica de la Vida Y Apostolicas Tareas delVenerable Padre Fray Junipero Serra..., first edition, second issue, 1787. £6,000 to £8,000.
  • Swann
    Maps & Atlases, Natural History & Color Plate Books
    December 7, 2023
    Swann, Dec. 7: Samuel Augustus Mitchell, A New Map of Texas, Oregon and California with the Regions Adjoining, Philadelphia, 1846. $3,500 to $5,000.
    Swann, Dec. 7: 17th–19th-century case maps of various locations. $1,500 to $2,000.
    Swann, Dec. 7: Andreas Cellarius, Haemisphaerium Stellatum Boreale Cum Subiecto Haemisphaerio Terrestri, celestial chart, Amsterdam, 1708. $2,500 to $3,500.
    Swann
    Maps & Atlases, Natural History & Color Plate Books
    December 7, 2023
    Swann, Dec. 7: Vincenzo Coronelli, Set of engraved gores for Coronelli’s monumental 42-inch terrestrial globe, Venice, circa 1688–97. $18,000 to $22,000.
    Swann, Dec. 7: Lucas Janszoon Waghenaer, group of four navigational charts, Antwerp, 1580s. $2,000 to $3,000.
    Swann, Dec. 7: Thomas Bros, Block Book of Berkeley, Oakland, 1920s. $800 to $1,200.
    Swann
    Maps & Atlases, Natural History & Color Plate Books
    December 7, 2023
    Swann, Dec. 7: John Nieuhoff & John Ogilby, An Embassy from the East-India Company of the United Provinces, map of China, plan of Canton, London, 1673. $1,200 to $1,800.
    Swann, Dec. 7: Frederick Sander, Reichenbachia, St. Albans, 1888-1894. $5,000 to $7,000.
    Swann, Dec. 7: Two early illustrated works on horsemanship and breeding, Nuremberg, early 18th century. $700 to $800.
    Swann
    Maps & Atlases, Natural History & Color Plate Books
    December 7, 2023
    Swann, Dec. 7: John Gould, A Monograph of the Ramphastidae, or Family of Toucans. Supplement to the First Edition, London, 1834; 1855. $40,000 to $60,000.
    Swann, Dec. 7: John Pinkerton, A General Collection of the Best and Most Interesting Voyages and Travels in All Parts of the World, London, 1808–14. $1,500 to $2,500.
    Swann, Dec. 7: Oakley Hoopes Bailey, Hackensack, New Jersey, Boston, 1896. $800 to $1,200.

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