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Another T206 Honus Wagner baseball card, considered the “Holy Grail” of the collectible scene, was recently discovered and sold at auction for $5.124 million.
The sale was conducted through Golden Auctions, and included a buyer’s premium. It is now the third most expensive T206 Wagner card after selling 6.606 million copies in August 2021 and another $7.25 million in August 2022.
This recently acquired copy was in the family of Douglas and Dennis Shields at 116 yards. Their grandfather, Morton Bernstein, son of the founder of The National Silver Company, Samuel E. Bernstein, collected trading cards, and most importantly, preserved them since the early 1900s.
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A rare baseball card of Honus Wagner of the Pittsburgh Pirates, considered the greatest player in history, is displayed June 3, 2005, at Sotheby’s in New York. (Stan Honda/AFP via Getty Images)
“We are delighted that the Shields family has chosen us to represent this historic card that has been in their family for 116 years,” said Ken Goldin, CEO and founder of Goldin Auctions in a statement, via ESPN.
This newly discovered copy was graded 1 by the Professional Sports Authenticator (PSA), while the other two received grades 3 and 2 respectively from the Sportscard Guaranty Corporation (SGC) when they appeared.
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Morton Bernstein eventually bought the FB Rogers Silver Company in 1955, and made it a point to display his stock cards in frames throughout his business. Eventually, the National Silver Company went out of business, and the cards were put into storage.
As Douglas and Dennis came forward, the T206 Wagner card was featured on Netflix’s “King of Collectibles: The Goldin Touch,” where Goldin revealed it in a Season 3 episode in December.
The famous T206 Honus Wagner baseball card, shown on June 6, 2000, in New York City. (Chris Hondros/Newsmakers/Getty Images)
While this is a hefty premium for another Wagner card, another T206 is still on the market. With six days left in the Heritage Auction, the SGC Authentic, considered a sub-1 grade, is currently at $2.318 million.
So, what exactly makes this card a millionaire today? Scarcity in the collectible industry is a big key, and since Wagner asked the American Tobacco Company to stop making his card in 1909, there is certainly a flaw here.
A 1909 baseball card of Pittsburgh Pirates shortstop Honus Wagner is pictured in New York, Feb. 19, 2013. (Scott Eells/Bloomberg/Getty Images)
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The same year Wagner won the World Series with the Pittsburgh Pirates, he won eight batting titles. Nicknamed “The Flying Dutchman,” Wagner is one of the most recognized baseball players of all time, being among the first Hall of Fame inductees when the National Baseball Hall of Fame and Museum was established in Cooperstown, New York.
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