Thursday, October 28, 2010

Nuns hit the Mother load, a Honus Wagner T206

I am lucky enough in life to still have all the people I love around me so I've never experienced receiving an inheritance.  I'm sure when that time comes, I will not see anything like this left to me.

School Sisters of Notre Dame in Baltimore received a donation, left to them in a will, of the holy grail of baseball card collectors, "The Monster," a Honus Wagner T206.  Even in its poor condition, having been cut around the borders, creased in the upper right corner and shellacked, it is still expected to be sold at auction for $150,000 to $200,000.  Far from the record setting $2.8 million for a near mint condition T206 Wagner, but still an incredible amount of money.

The man who donated the card had owned it since 1936 and kept it in a safe-deposit box with a note that read, "Although damaged, the value of this baseball card should increase exponentially throughout the 21st century!"  Because the card had been privately owned, its existence was unknown.  With the addition of this card, the total number of T206 Wagners stands at 60.  

As I post this, the current bid is $180,000.  If you want to follow the auction, here is the link.  I'll post the final auction price when bidding has ended.

UPDATE:  The card sold at auction for $220,000.  With the buyers premium, the final price was $262,900.

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