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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]
A rookie card is a trading card that is the first to feature an athlete after that athlete has participated in the highest level of competition within their sport. [ 1 ] [ 2 ] Collectors may value these first appearances more than subsequent card issues.
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 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 American Card Catalog: The Standard Guide on All Collected Cards and Their Values is a reference book for American trading cards produced before 1951, compiled by Jefferson Burdick. [1] Some collectors regard the book as the most important in the history of collectible cards.