Fri Nov 05 12:12pm EDT
Last week, we brought you the news of a rare Honus Wagner card that a group of Baltimore-based nuns had up for sale after inheriting it from the deceased brother of one sister.
As Dave Brown noted then, it probably wouldn't have made it to auction if it were just about any other card. The famed T-206 from 1909 is missing three borders, sports a giant crease in its upper righthand corner and has been laminated. It has been graded in poor condition, a usual turnoff for collectors willing to bid big dollars for baseball cards.
But because this is the card in the world of card collecting — approximately only 60 are known to exist — the School Sisters of Notre Dame knew they could expect a hefty sum from the sale, somewhere between $150K-$200K.
When the gavel finally came down on the auction Thursday night, the nuns got more than they were expecting: The card for the Hall of Fame shortstop from the Pittsburgh Pirates sold for $262,000 to a collector and card shop owner named Doug Walton.
[Related: New rookie's baseball card sells for record price at auction]
The nuns will receive about $220,000 of that amount with the extra amount being charged as a 19.5 percent buyer's premium by Dallas-based Heritage Auctions. Sister Virginia Mueller told the Associated Press that the proceeds will help the order's interests in 30 countries around the world.
While a near-mint T-206 sold for a mind-boggling $2.8 million in 2008, the sisters no doubt feel blessed to collect an unexpected $220K for their charity. When it was discovered in the brother's safe deposit box, the card — which he had owned since 1936 — came with a handwritten note.
"Although damaged, the value of this baseball card should increase exponentially throughout the 21st century!" it read.
Turns out he was right. May the sisters put their Wagner-charged windfall toward their admirable work.
For more baseball fun, follow Big League Stew on Twitter and on Facebook
Other popular stories on Yahoo! Sports:
• 'Miracle on Ice' medal sold for staggering sum
• Video: College hoops player's incredible half-court shot
• Basketball team's new court to be surrounded by forest of trees
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Browse
Fantasy Minute: Fill-ins for CC Sabathia
Posted Jun 27 2012
Posted Jun 26 2012
Posted Jun 26 2012
Edited By Doug Farrar
Edited By 'Duk
Edited By Kelly Dwyer
Edited By Greg Wyshynski
Edited By Matt Hinton
Edited By Jeff Eisenberg
Edited By Jay Busbee
Edited By Jay Busbee
Edited By Steve Cofield
Edited By Chris Chase
Edited By Chris Chase
Edited By Brooks Peck
Edited By Andy Behrens
Edited By Cameron Smith
Edited By Mark J. Miller