Wagner graded sgc A already at $180K!! WOW!!

[CMIZ5290]

Boy i wish someone would post a scan....this is just amazing to me!

[peterose4hof]

Link...

http://goodwinandco.com/LotDetail.as...-SGC-Authentic


Pictures...

[CMIZ5290]

How can they even tell it's a grade of A? There's hardly any card left!

[Deertick]

At least they are calling it trimmed.

[oldjudge]

Cut it in half, each side will still get the scarlet letter and each will go for $100,000 plus. At least the Wagner is scarce relative to other T206s. The M101-4 Ruth is common relative to other M101-4s and it goes for stupid prices also. The Wagner market will probably hold its value a lot better than the M101-4 Ruth market. Those prices will correct in a big way at some point.
Also, the Morehouse Baking Thorpe is not unique. I have heard that at least one nicer one exists.

[CMIZ5290]

A ton of money!

[CMIZ5290]

Originally Posted by oldjudge

cut it in half, each side will still get the scarlet letter and each will go for $100,000 plus. At least the wagner is scarce relative to other t206s. The m101-4 ruth is common relative to other m101-4s and it goes for stupid prices also. The wagner market will probably hold its value a lot better than the m101-4 ruth market. Those prices will correct in a big way at some point.
Also, the morehouse baking thorpe is not unique. I have heard that at least one nicer one exists.

+1

[Runscott]

Edited: erroneous statement. See Kevin's quote for my original post.

[CMIZ5290]

Originally Posted by runscott

they are playing up the idea that it can be 'rebuilt' and then get good money, but it does seem crazy.

scott- not sure what you mean.....

[GasHouseGang]

They seem to be playing up more of what a good investment the card is. Part of the listing:

Ever since the infamous 1985 T206 Wagner $25,000 purchase from a Long Island New York sports card shop, the T206 Wagner subject has revolutionized the baseball card market. What that simple purchase some 27 years ago accomplished was to place the baseball card hobby on the map with collectibles such as fine art, coins and stamps, just to name a few of the prestigious collecting angles. Not surprisingly, that supreme PSA 8 Wagner last sold for $2.8 Million, a far cry versus its original $25,000 price tag and a resounding exclamation point to the unlimited potential of any quintessential T206 Honus Wagner subject. As virtually the entire hobby is aware of, Goodwin & Company recently sold a “VG” specimen for a lofty $1,232K, a true testament to the continued resounding climb of the exalted T206 Wagner. Considering a “VG” example sold for $145K back in calendar year 2000, the nearly unparalleled investment growth of a T206 Honus Wagner is quite obvious, with our recent April 2012 sale depicting an incredible value increase of approximately “9 times” the specimen sold 12 years ago or more significantly, a 19.5% Compound Annual Growth Rate! Likewise, following the same path as a “VG” specimen are the highest recorded annual sales of “Authentic” examples from 2009 thru 2011 (no “Authentic” T206 Wagner’s have been sold in 2012). Whether you are a serious hobby enthusiast painstakingly seeking a T206 Wagner relic or simply pursuing the most viable options for your sophisticated investment portfolio, the compound annual growth rate of this truly remarkable early 20th century baseball card knows no peers. To the best of our knowledge, NO individual has ever experienced a “value loss” with this card.

The card has escalated over the years, so they may be right about it being a good investment. I sure don't know, I invested in real estate!