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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] He founded Beckett Publications in 1984. [5]
Beckett Baseball Card Monthly grew in popularity and became the basis for the success of Beckett Media, now based in Dallas, Texas. Beckett Publications produces price guides for a variety of sports collectibles (Beckett's Football, Basketball, and Hockey guides would start in the early 1990s, with Beckett's monthly Racing Guide following in 1996).
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 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]
The Richmond, Virginia-based magazine was sold to Landmark Communications, which sold it to Krause Publications in 1999, publisher of the competing Sports Cards Magazine. The two magazines' content merged in 2000, taking the 'Tuff Stuff' name. The magazine took on the F+W Publications Inc. label after that company obtained Krause in 2002. [4]
SCD was started in 1973 by the Stommen family. [2] In 1981 it was purchased by Krause Publications; Krause was acquired by F+W Media in 2002. [2]The thickness of the magazine has varied throughout the years, and could arguably be seen as a reflection of the sports collecting market.