Heritage Collectibles Auction Records
Published May 9th, 2008
Heritage Auction Galleries held its latest Sports Collectibles Signature Auction on Friday and Saturday, May 2 and 3, 2008, in Dallas, Texas. The auction realized $3,683,484 for 877 lots, although after-auction sales are still ongoing and could push the total even higher.
“Any potential consignors concerned that the stormy U.S. economic climate might throw a shadow over the collectibles market should have had those fears eliminated by this event,” noted Chris Ivy, Director of Sports Auctions for Heritage. “In both trading cards and memorabilia we saw estimates obliterated in some of the fiercest bidding wars we’ve ever witnessed.”
As expected, the top price of the auction was paid for ownership of the Honus Wagner T206, considered the most important trading card in the hobby. “While any Wagner is tremendously desirable,” explained Ivy, “this example was admittedly low-grade, with heavy creasing and ink stains on the verso. Yet the price realized of $227,050 surpassed that of several superior examples sold in recent years. And the T206 Plank posted a result of $77,675, nearly doubling the prices realized for the same grade examples that have sold at auction over the past several years.”
While card prices were highly impressive across all disciplines, Ivy pointed to candy cards as arguably the hottest of them all. “The 1910 E93 Standard Caramel Honus Wagner PSA NM 7 realized $20,315,” said Ivy, “and the 1911 E94 Close Candy Ty Cobb PSA EX 5 closed at $17,925. Each of these prices marks the highest ever achieved for the cards’ respective grades at auction.”
Auction info www.HA.com
