T206 Wagner, SGC A sells for $2.5mm!
 

Now this is a pre-war subject worthy of discussion on the main board.

An SGC A, t206 Wagner sells for over $2.5mm in Heritage last night. Wow....

https://sports.ha.com/itm/baseball-c...=MyBids-101116

Is this the new baseline for a Wagner or is this case of a bidding war gone to extreme? Was it Heritage (vs a different AH), or the card’s provenance, or any other unique factor?

Personally, I feel that if a Mike Trout goes for $2mm (even a “1 of 1”), than this is very a correct price for a t206 Wagner; that said, I don’t see how/why the Trout would go for $2mm.

Anyway, an authentic t206 Wagner closing at over $2.5mm is worthy of discussion on the hobby’s largest vintage chat board. So let’s discuss.....

T206 Wagner A
 

I'm not in a financial position to buy any legit Wagner T206; however, I'd
certainly agree that if Mike Trout can pull 2M, even an "A" Wagner should beat
it- the sense of proportion is proper . Halcyon days for folks who sell these!

Trent King

Not sure how accurate HA's "Make Offer" feature, the seller is trying to sell the Wagner at $3.78M now? or that "Make Offer" feature enabled by default and it auto generate that offer price?


T206 Wagner is now a CEO card and not touchable by regular collectors.

(I am doing fine and happy with my T206 Wagner with error and graded by PSA)

The error with a Red Sox player instead of Honus?

That feature is enabled by default immediately at Heritage.

I feel like congratulations are warranted for you Ryan!

If an A is 2.52M, what is a 1? 2? 3?

Just a note, at least IMO, the SGC-A Wagner just sold for $2.5M is in a much better condition than other Auth Wagners. I did brought up before this $2.5M Wagner deserve more than an Authentic grade but someone also pointed out it has been trimmed on the bottom thus it got that A grade.

For $2.5mm, I'd need something a little more presentable.
but relative to Trout, it certainly makes sense.

My favorite thing about this Wagner is the fact that It was owned by Joe Garagiola. Story alone, makes this one a little bit cooler to me, If I had the financial resources for it, this would probably be the one I would want to own.

Here's hoping I hit Powerball.

Yes congrats Ryan is in order.

Always great investments to get the right balance of demand, scarcity, and mystic.

The most beat up Wagner should sell for far more than that Trout card.

Thanks Scott and Jeff, but I am not looking for congratulations- when I bought mine, I was positive it was a smart move and I was super confident I would make money.... in 20 years!! What has happened over night is crazy. But at least it makes sense in light of all this other non-sense with 1950-modern cards. The t206 Wagner is still king and that was proven last night. But holy crap!

If you were looking for it you wouldn't have gotten any! ;)

please also give a moment of silence for sellers who sold Wagners before the craziness.

wow,
what does this make the PSA 1 worth, $5mm?

Wondering if the run up in the wagner causes a trickle down effect on the other rare T206 cards like the Doyle and plank?

Wagner is not alone
 

The "new shiny stuff" has not been the only area setting records. Key vintage cards have also been blowing the roof off old sales. The Wagner is but one example. Post war, but a 1961 Dice game Mantle sold for almost 400K (last sale 144K in May 2018 - same exact card), 1933 Goudey Ruth #144 PSA 8 - Almost 300K! Last sale - 67K July 2019.
A lot of "deep pockets" looking for the "cream". I for one see this continuing for a bit on low pop high demand cards.

Here I was all excited about my 1950 SGC 2 Bowman Ted Williams I sniped last night. Ryan and the big boys always humble me lmao. Just kidding love the fact that I can live through you guys haha

Has no bearing on my life or my collection. Yawn.

Last night the wife said
Oh boy, when you're dead
You don't take nothing with you but your soul...
THINK!

Too much for a Sunday morning?

Did any mid-grade (PSA 5 +/-) T206 of Cobb/Matty/WalterJohnson/Young just sell at this auction? How did they do?

The card only goes up. If a Jordan 10 is 600k you could argue it’s cheap.

I think it just signifies how real the money that is flowing into cards is.

Like others congratulations on owning one.

Ouch!
 

Time to sleep with one eye open or "upgrade"!

This to me is far less crazy than $600k for a Michael Jordan card. This also presents very well for the grade IMO.

Ken Goldin just posted this on his IG after he re-slabbed it at PSA.
Going to be on his upcoming auction.

https://photos.smugmug.com/Misc-Coll...759437F-XL.jpg

A psa 10 Reggie Jackson rookie went for over $1mm. Makes the Wagner look cheap.

It's a great deal. I would have bought it if I have the money. You know if you hold it for 5 yrs you will not lose money on it

the reggie jackson rookie?

I think the Wagner last night went for that much because of its’ eye appeal, which is superior to some higher graded Wagners. As for the king of cards that would be the Baltimore News Ruth, if one ever comes to market. My guess is that if one surfaces it will sell for double the comparable Wagner, and it should. It is much rarer and is of the greatest player ever.

+1


(Oh.. that PSA2 Wagner seems to be new to the market or I just haven't seen enough)

I was keeping an eye on it and was shocked! It is funny when you have some ... any ... wagners, you want to share in the celebration a bit!

Disagree. The Baltimore News is too obscure. Most collectors don't know what it is. Similar to the M101-4/5. Neither are in collected sets. Cards like the t206 Wagner, 1952 Topps Mantle and 1986 Fleer Michael Jordan are much more popular and well known. Demand drives prices more than scarcity. The t206 Wagner was king in 1930. It is king today. It will be king in 2130.

I would agree, some things transcend the Hobby, those cards you listed fall into that category.

Peanuts.
Doncic Logoman just sold for $4.5m :rolleyes:

What would a signed Wagner card sell for in this market? Not the T206 but another old one, like an E card?

Rarity is far from the only determiner for price. In fact, some cards are too rare for their own good: obscure.

I knew of a person who had a cloth tintype: a tintype on cloth instead of metal and mounted in form of a CDV. I knew they were possible but that was the first and only example I have ever seen. They guy had troubles getting a fair price, as almost no one knew or understood what it was.

Pretty sure one of our board members has a signed M116. It's the only signed tobacco era Honus I've ever seen. No idea as to its cost when last sold, but guessing it pushes well into 6 figures now. Seems many signed vintage cards, like some of the more common Goudey HOFers haven't followed the recent upward trend, but the prime stuff has shot through the roof. That signed Wagner would definitely qualify as prime.

I think there is a M101 Wagner that is autographed too.

7 figures if someone wrote 1/1 on it somewhere.

Sent from my SM-G960U using Tapatalk

You married Yoko Ono? True enough, my wife will sell my cards before the second chorus of Ave Maria at my funeral...

Really?? Would love to see that.

The signed M101-2 is shown in this thread https://www.net54baseball.com/showthread.php?t=204837

Oh, thought you were talking about his rookie card M101-1.

I thought National Copper Plate was the "rookie card."

Concur...yawn.

You are correct, sorry... pictured the National Copper Plate... forgot they only use the M101-1 for the Sporting News. Similar.