Two of the hobby’s most popular–and expensive– vintage baseball cards may be on pace to break new sales records.
Catalogs aren’t scheduled to ship until next week, but two of the premier items in Robert Edward Auctions 2008 spring catalog sale are already generating interest from motivated buyers.
A T206 Honus Wagner card, graded ’1′ (poor) by Beckett Grading (BVG), drew 15 bids on the opening day of online bidding Thursday and stood at $150,000 as of early Monday morning.
The highly publicized Wagner was part of a newly discovered find of T206 cards presented to the REA sale by Beckett, where they were presented for grading by a Georgia man.
A PSA 2 graded Wagner sold for $294,338 in a Memory Lane auction in December of 2006 while an SGC 10 sold for $192,000 in August of 2007.
REA has been no stranger to the 1914 Baltimore News Babe Ruth minor league ‘rookie card’ and the company is currently offering one of the best ever to reach the market. An SGC 40 Ruth rookie drew 27 bids on the opening day of bidding after starting at $10,000. It had reached $160,000 on Monday.
Another rare piece in the REA sale was a 19th century Burke Ale advertising poster featuring Cap Anson and Buck Ewing. It started at $50,000 and vaulted to $90,000 after the opening days of bidding.
The REA catalog includes over 650 pages and 1600 lots. Bidding continues through May 3.