T206 Honus Wagner Sells for Record High Price at Recent Memory Lane Auction

T206 Honus Wagner Sells for Record High Price at Recent Memory Lane Auction

The T206 Honus Wagner, easily the hobby's most recognizable baseball card, has returned to the headlines.  A copy of the famed card has been sold for a record setting price by sports collectibles auction house Memory Lane Inc.

The card, which was graded a 40 (VG) by Sportscard Guaranty, sold for a whopping $925,000 - the highest price ever paid for a T206 Honus Wagner in this condition.  This is the third highest price ever paid for a T206 Honus Wagner at auction.

The previous owner of the card had owned it for almost 10 years.

Memory Lane's J.P. Cohen said via written press release, “The sales price is just another indicator that the demand for Wagner cards is still much greater than the supply. When one does come up for sale, there are usually collectors standing two or three deep waiting to buy it."

Collectors who attend this year's National Sports Collectors Convention will be able to get a first hand look at the recently auctioned Wagner. Memory Lane will display the card starting Wednesday, the first day of the Convention.

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Mike Smeth is the CEO and Founder of The Cardboard Connection. After collecting baseball cards as a child, he took a 12-year hiatus from the hobby. One muggy summer day in 2006 he unexpectedly came across his childhood card collection while packing up for a move. He began sorting through them so he could sell them on Craigslist. Somewhere between the 3rd and 4th box, he rediscovered his passion for collecting and hasn't looked back since. You can find Mike on Google+ and Twitter @mikesmethcc.

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