...no, not that Wagner. This is a 1911 Sporting Life (M116) in fairly high grade. It's heading to a new home after an auction.
The Sporting News had a major competitor in "Sporting Life" in the first part of the 20th century. To boost readership, the Sporting Life offered 24 series of 12 cards to it's readers at a hefty price of 4 cents per series during 1910 and 1911.
Somewhat similar to the T206 cards of the era, the Sporting Life set included 287 total subjects including variations. The unnumbered set had a Wagner card issued with a blue or pastel background. The blue background is more difficult and sold for $8710.14 with ten bidders competing.
PSA has graded a total of 25 blue background Wagners with 8 being the highest grade ever awarded.
Are we crazy or does this seem like a bargain?