Jumbo PSA 5(mc) T206 Wagner- Goldin Auctions- No Reserve

[Leon]

WEST BERLIN, NJ - FEB. 13, 2013 - On March 29 a fortunate collector will join an exclusive club, by adding one of the three finest T206 Honus Wagner baseball cards in existence to his collection. Goldin Auctions has announced that bidding for the Wagner, graded EX 5 (MC) (serial number 15385994) by PSA, will begin at $500,000 with no reserve in the Goldin Auctions 2013 Winter Auction, from February 25-March 29, 2013. A preview of the 850 lot auction will be available online at www.GoldinAuctions.com beginning February 22.

Issued by the American Tobacco Company, from 1909-11 as part of the T206 series, less than 200 Wagner cards were ever issued. Production of the card was halted after Wagner, the Pittsburgh Pirates star shortstop, requested the tobacco company to stop including his image in the cigarette packs. As a result, there have been less than 60 authentic Wagner cards submitted for authentication and/or grading by the major card grading companies.

"With less than 60 authenticated Wagner cards out there, the opportunity to purchase one does not come around very often. The few owners recognize the investment potential of these ultra-rare, highly sought after collectibles and rarely sell them," said Ken Goldin, Founder of Goldin Auctions. "This high-grade Wagner is in a class with just two others that have ever been graded a '5' or better. With a starting bid of just $500,000 and no reserve, on March 29 someone new will own this investment grade piece of baseball and American history."

The T206 Honus Wagner up for auction has been referred to as "The Jumbo Wagner" by many in the world of sports collectibles due to its unusually ample borders. These dimensions, exceeding by far the standard size for a T206 baseball card, have virtually preserved a Near Mint example within its boundaries, elevating this example to an even higher and possibly unprecedented level in terms of condition. This card's very existence, along with its condition, have defied virtually all odds to provide one fortunate collector the bragging rights of a superb example of the most coveted card in the arena of sports collectibles.

Based upon the current environment and historical price increases, it is quite possible for this sale to set a new overall record price for a T206 Wagner. In 2012, a Wagner graded VG 3 sold for over $1.2 million - a 76% increase over what another VG 3 Wagner sold for just four years earlier. The only known public sale of an EX 5 Wagner was, for this very card back in 2008, for $1.62 million.



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[g_vezina_c55]

No reserve wow Verry cool i am impatient to see this war bidding !!

[GasHouseGang]

Lets buy it together as a board and then we can all say we own a T206 Wagner. I'll kick in $100. Who's with me?

[Iron Horse]

for $100 count me in

[atx840]

Ditto. Lets do it for Johnny.

[DaveW]

Let's see ..... if we want to bid $2 million, then we need 20,000 investors at $100 each. Then if we win, each of the 20,000 investors could have the card for 1 day - but it would take 54.8 years for each of us to get our turn. OK, I'm in!

[Iron Horse]

bump it to $250 per member

[EvilKing00]

im in for 250

[travrosty]

If there is a full wagner within the borders, whatever happened to the handcut designation idea? you could have a psa 10. With that possibility, this card is worth way more than it is advertised for. think what a 10 would go for! This card is way undervalued even at 3 million plus considering its potential being a jumbo! I think you will be shocked at what it will go for!

[g_vezina_c55]

4249 member here on the board. With 100$ contribution from each member you can bid : 424 900
Opening bid for the PSA 5 is 500K ....

We can buy a graded 1 wagner