There are no guarantees in sports card investing--other than the rise in sales prices for the hobby's signature card.
The sale of the PSA 1 Honus Wagner card in Robert Edward Auctions' 2009 spring event established yet another bar for the card that every collector would love to own.
Never mind the fact that there are many other vintage cards that are actually more scarce, the Wagner remains the hobby's holy grail.
Most of us will have to be happy with a reprint, but we can appreciate...well...the appreciation in recent years. The economic slowdown hasn't hurt sales of Wagner cards at all--and there has been more than one available.
The lower grade Wagner will surely make John Rogers happy. He's the Arkansas collector who plunked down $1.62 million for a PSA 5 copy last summer. The latest information should elevate the value of all Wagner cards.
The REA auction marked the tenth known sale of a Wagner card in just over four years.
|PSA 1 PR-FR||$399,500||Robert Edward Auctions/May 2009|
|SGC 40 VG||$791,000||Weiss Auctions/November 2008|
|PSA 5 EX||$1.62 million||Mastro Auctions/August 2008|
|BVG 1 PR-FR||$317,250||Robert Edward Auctions/ April 2008|
|SGC 10 PR-FR||$227,050||Heritage Auctions/April 2008|
|PSA 8 NM/M||$2.8 million||Private Sale/Sept. 2007|
|PSA 8 NM/MT||$2.35 million||Private Sale/February 2007|
|GAI 3.5 VG||$456,057||Mastro Auctions/December 2005|
|PSA 2 FR||$294,337||Memory Lane/December 2006|
|PSA 2 FR||$236,706||Mastro Auctions/April 2005|