Heritage Live Auction -- Black Swamp debacle

[iggyman]

If one is to believe the internet. Initial press releases had the Black Swamp E98 near set estimated at $500,000. As per an associated press article....

"The best of the bunch -- 37 cards -- are expected to bring a total of $500,000 when they are sold at auction in August during the National Sports Collectors Convention in Baltimore. There are about 700 cards in all that could be worth up to $3 million, experts say. They include such legends as Christy Mathewson and Connie Mack."


I didn't see any press releases from Heritage promising a million for the E98 Wagner PSA 10 card.

"Recently discovered in a Defiance, Ohio house attic with over 700 other well-preserved 1910 era E98 series baseball cards, this card of Hall of Fame player Honus ("Hans") Wagner has been certified PSA Gem Mint 10 and is expected to sell for $200,000 or more in an auction conducted by Heritage Auctions on August 2, 2012."



Heritage predicted a 3 million dollar windfall for the entire enchilada. They probably won't make it to the three million dollar mark, but with a bunch more cards to sell......................well, I will go out on a limb and say that the consignors are happy people at the moment and the grand kids college trust fund is saved (as long as it's not for an ivy league school.......have you seen the tuition rates?......wicked!).



Lovely Day.