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The first significantly controversial card grade was in fact the first card ever graded by PSA. This was the T206 Honus Wagner card. Originally it achieved a NM-MT 8 grade. This card was originally owned by Sotheby's Sport's Consultant Bill Mastro, and purchased by Wayne Gretzky and Bruce McNall. [3]
The two priciest cards are baseball cards, followed by three basketball cards. The first sports card to sell for one million dollars was a T206 Honus Wagner which went for $1,265,000 at auction in 2000 (equivalent to $2,238,133 in 2023). [1]
Price guides are used mostly to list the prices of different baseball cards in many different conditions. One of the most famous price guides is the Beckett price guide series. The Beckett price guide is a graded card price guide, which means it is graded by a 1–10 scale, one being the lowest possible score and ten the highest.
The T206 Wagner is the most valuable baseball card in existence, and even damaged examples are valued at $100,000 or more. [1] This is in part because of Wagner's place among baseball's immortals, as he was an original Hall of Fame inductee. More importantly, it is one of the scarcest cards from the most prominent of all vintage card sets.
James Beckett was a statistics professor before launching Beckett Media. [3] In the 1970s, Beckett introduced some of the initial price guides for the baseball card industry, providing more detailed information on specific card prices compared to the newsletters that collectors were accustomed to. [4]
Price guides typically carry two value labels, one based upon a high value, the other denoting low values. As the condition of collectibles is important in ascertaining their value, Beckett price guides also typically include a series of definitions for estimating condition. In November 1984, Beckett began publishing Beckett Baseball Card Monthly.
1909 T206 Honus Wagner Baseball Card with PSA grade EX 5-MC. Many of the remaining T206 Honus Wagner cards in existence have rated low on the PSA grading scale. Only three existing Wagner cards received a PSA rating of EX [5] or better. One such example is known in the industry as the 'Jumbo Wagner' [shown on the right].
Tuff Stuff is an online magazine that publishes prices for trading cards and other collectibles from a variety of sports, including baseball, basketball, American football, ice hockey, golf, auto racing and mixed martial arts.