T206 Wagner PSA 2 sold for $1.2M

[Aquarian Sports Cards]

Originally Posted by ullmandds

This story is all over the national media...yet none regarding "the scandal?"

Hold my beer...

[JeffPrice]

This was sold 6/7 months ago. I have seen the card in person and it's nice, strong color and just great eye appeal.

[MHCC]

It has come to my attention that this card has reached that national media. I'd like to inform the collecting community that we have acquired this T206 Honus Wagner PSA 2 as well as the 1909-11 T206 Ty Cobb/ Ty Cobb Reverse PSA 4.5 from the Lucky 7 find and each of the cards will be featured in my October 2019 auction and will be on display at the National in Chicago at the Mile High Card Co. booth. We will be issuing a Press Release concerning this next week

[calvindog]

Originally Posted by MHCC

It has come to my attention that this card has reached that national media. I'd like to inform the collecting community that we have acquired this T206 Honus Wagner PSA 2 as well as the 1909-11 T206 Ty Cobb/ Ty Cobb Reverse PSA 4.5 from the Lucky 7 find and each of the cards will be featured in my October 2019 auction and will be on display at the National in Chicago at the Mile High Card Co. booth. We will be issuing a Press Release concerning this next week

Perfect timing!

[Steve D]

Originally Posted by MHCC

It has come to my attention that this card has reached that national media. I'd like to inform the collecting community that we have acquired this T206 Honus Wagner PSA 2 as well as the 1909-11 T206 Ty Cobb/ Ty Cobb Reverse PSA 4.5 from the Lucky 7 find and each of the cards will be featured in my October 2019 auction and will be on display at the National in Chicago at the Mile High Card Co. booth. We will be issuing a Press Release concerning this next week

Why would you (or someone else) buy the Wagner outright for that much, just to turn around and immediately put it up for auction?

That just seems to be an awfully dangerous and risky move.

Steve

[Leon]

I won't speak for Brian (hey Brian) but he didn't say he bought it. I think it was consigned.

Originally Posted by Steve D

Why would you buy the Wagner outright for that much, just to turn around and immediately put it up for auction?

That just seems to be an awfully dangerous and risky move.

Steve

[Peter_Spaeth]

Originally Posted by Steve D

Why would you buy the Wagner outright for that much, just to turn around and immediately put it up for auction?

That just seems to be an awfully dangerous and risky move.

Steve

It's certainly great publicity for the auction.

[MHCC]

The cards were consigned to the auction, we did not purchase the two cards.

[ValKehl]

I'm suspecting there will be a $1.2M reserve on it.

[oldjudge]

Interesting that someone would pay over 50% above the last sale and then immediately consign it to an auction where a 20% buyers premium is tacked on and expect to make money. With all due respect to a Brian, it also seems strange that if one was taking such a big risk that they would not consign the card to either Heritage or REA where the catalogs would reach the most potential bidders..

[swarmee]

Originally Posted by MHCC

The cards were consigned to the auction, we did not purchase the two cards.

Paging Mr. Drent. Can you cancel all of your Moser submissions in this auction?

[conor912]

$1.2M seems pretty ho hum to me in an age of Tom Brady and Mike Trout cards going for $400k. It would be interesting to see Wagner prices charted with other 6+ figure cards as well as inflation. I feel like $1M buys so laughably little now compared to even 20 years ago. This Wagner sale seems like one of the best values in the hobby right now.