"Around 1909, a kid named Morton Bernstein pulled a Honus Wagner baseball card from his pack of Sweet Caporal Cigarettes. Bernstein would grow up to own, with his father, a sterling silver manufacturing plant in Taunton, aka "Silver City." He kept his baseball card collection framed. When he moved to California, he decorated his office with them."
"While it was graded just a PSA 1 on the grading system's scale of 1-10 (10 being best), it sold at auction Feb. 21 for some $5.12 million via Goldin auction house. The sale of $5,124,000 marks "one of the most significant public sales of a T206 Honus Wagner and [sets] an all-time record for the grade," per Goldin's press release."
"When I call after the sale, Shields tells me the card is "going to give me a chance to do what I've wanted to do: that's retire." "We feel good about it. It was more than we thought we'd get originally. I mean, it's a great card, but, realistically ... it's a PSA 1. Top cards are PSA 10. So I cannot complain.""
Morton Bernstein acquired a 1909 Honus Wagner baseball card from a pack of Sweet Caporal Cigarettes around 1909 and kept it framed throughout his life, displaying it in his office when he moved to California. Over a century later, his grandsons Dennis and Douglas Shields decided to sell the T206 Honus Wagner card, considered the holy grail of baseball cards. Despite receiving a PSA 1 grade on a scale of 1-10, the card sold at auction on February 21 for $5.12 million through Goldin auction house. This sale set an all-time record for the grade, exceeding the previous PSA 1 sale price of $3.1 million by $2 million. Dennis Shields expressed satisfaction with the result and noted the sale would allow him to retire.
Read at Boston.com
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