Taking a Look Back at the Crazy Prices for T206 Rare Backs in the October REA Auction

Back on October 28th, the Fall REA auction ended.  Prices were very strong across the board on rare T206 backs.  In the days following the auction, I wondered if we were going to see a sustained rise in the value of tougher-backed T206s.  However, in the six weeks since the auction ended, that does not appear to have been the case.  Let’s take a look at the REA sales results, as well as some more recent sales from Heritage, Love of the Game, and eBay.

REA Fall Auction Results:

  • American Beauty 350 With Frame Cobb Red Background Portrait PSA 6 – $33,000
  • Black Lenox Cobb Red Background PSA 3 – $30,000

  • Cycle 460 Cobb Bat Off Shoulder PSA 1.5 – $18,000
  • Brown Old Mill Helm SGC A – $11,400

  • Brown Lenox McQuillan With Bat PSA 1.5 – $9,000

  • Uzit Chase Holding Trophy PSA 2(mk) – $6,600
  • Brown Hindu Mathewson Portrait PSA 1 – $6,600
  • Carolina Brights Lavender PSA 4 – $4,200
  • Cycle 460 Crawford With Bat PSA 7 – $3,900
  • Black Lenox Chance Batting PSA 3 – $3,600
  • Cycle 460 Cobb Red Background Portrait SGC A – $3,300
  • Black Lenox Frill PSA 2 – $3,000

  • Broad Leaf 350 Clancy PSA 3 – $2,700
  • Carolina Brights Puttman SGC 50 – $2,700
  • Carolina Brights Shad Barry SGC 3.5 – $2,700
  • Carolina Brights Dinneen PSA 4 – $2,700
  • Carolina Brights Krause Portrait SGC 3 – $2,280
  • American Beauty 460 Meyers Portrait PSA 6 – $2,160
  • Carolina Brights Bush SGC 1.5 – $1,920

  • American Beauty 460 Bescher Hands in Air PSA 6 – $1,920
  • Carolina Brights Burns SGC 2.5 – $1,800
  • Red Hindu McGraw Glove at Hip PSA 3 – $1,560

Heritage Auction’s “Fall Sports Card Catalog Auction” ended on November 16th:

  • Brown Old Mill Dutch Jordan SGC A – $15,600
  • Broad Leaf 350 Rhoades SGC 3 – $1,560

  • Red Hindu McGraw Glove at Hip SGC 2.5 – $1,546
  • Red Hindu O’Leary SGC 3 – $1,440

  • Broad Leaf 350 Nattress SGC 1 – $900

Love of the Game’s “Fall 2018 Premier Auction” ended on November 25th:

  • Uzit Merkle PSA 2 – $3,690

  • Uzit Lake No Ball in Hand SGC 30 – $2,583

  • Lenox Wiltse Portrait w/ Cap SGC 30 – $1,800

The following rare backs sold on ebay in the same time-frame:

  • Carolina Brights Schlafly SGC 5.5 – $2,284 (sold on 11-07-2018)

  • Lenox Wiltse Portrait w/ Cap SGC 40 – $2,026 (sold on 12-12-2018)

  • Carolina Brights Dinneen PSA 3 – $1,295 (sold on 11-28-2018)
  • Carolina Brights Jesse Tannehill PSA 2 – $1,000 (sold on 12-12-2018)
  • Carolina Brights Freeman PSA 1.5 – $700 (sold on 12-13-2018)

The Highest Graded T206 Set Sells for Over $8 Million Dollars!

On September 20, 2018 the highest graded T206 set in existence sold via Heritage Auctions.  Each card was offered as a stand-alone lot.  The combined sales price was staggering.  I couldn’t find the exact figure, but PSA CEO Joe Orlando posted that total was over $8,000,000.  The set boasted an unheard of thirteen PSA 10s, McGraw (Finger in Air) being the lone Hall of Fame PSA 10.  Twenty-four of the Hall Of Famers were graded PSA 9.

You can check out the auction in it’s entirety by following the link below.  In order to see the realized sale prices, you’ll have to log in, or create an account if you haven’t yet.

2018 September 20 1909-11 T206 PSA Set Registry Catalog Auction

There were dozens of cards in this auction that would have headlined most other auctions.  The cards were below were the highlights of the auction in terms of realized sale price, but I urge to to follow the link above and check out the rest of the auction.

Plank PSA 7 – $690,000

Magie PSA 8 – $660,000

Cobb Greeb Portrait Old Mill PSA 8 – $360,000

Mathewson White Cap PSA 9 – $264,000

Cobb Red Portrait PSA 8 – $192,000

McGraw Finger in Air PSA 10 – $192,000

Young Bare Hand Shows PSA 9 – $168,000

Johnson Hands at Chest PSA 9 – $156,000

Cobb Bat on Shoulder PSA 8 – $144,000

Mathewson Dark Cap PSA 8.5 – $120,000

Johnson Portrait PSA 9 – $114,000

Young Portrait PSA 8 – $114,000

Cobb Bat off Shoulder PSA 8 – $102,000

O’Hara St. Louis PSA 7 – $96,000

Auction Report: Memory Lane

T206 Evers Red Hindu

Memory Lane’s winter auction came to a close on Saturday night.  Among the offerings were a group of T206 rarities that attracted some spirited bidding.  It looks like a Chicago Cubs collector consigned a large group of cards to this auction.  A majority of the significant T206s sold here featured Cubs players on their fronts.

Red Hindu Evers SGC 60 – $6,225
This is the second-highest graded copy of Evers Red Hindu, and it is a stunner.  It seems like a strong price to me based on the POP numbers, but the same card sold for $10,158 two years ago in Heritage, so I’m sure the buyer is thrilled.

T206 Chance Lenox PSA 4

Chance Lenox PSA 4 – $3,037
This one was a great deal.  The same card sold for $8,888 via REA in 2012.  It’s the highest graded copy in either pop report and a nice looking card.  If it had been in a shiny new holder with “Lenox” on the flip, I bet it would have sold for more.  A very nice buy for the new owner.

Chance red portrait EPDG PSA 5 – $1,951
This is the highest graded copy at PSA, and it fetched a strong price.  A front/back combo that’s sneaky tough to find, this one was definitely not ignored by collectors.

T206 Evers portrait Hindu

Evers portrait Hindu SGC 50 – $1,319
The new owner has to be excited to snag this card at such a great price.  It’s a bit of a weak 4, and that, as well as the myriad other tough Cubs cards in the auction, may have depressed the price.

T206 Tinker Blank Back

Tinker bat off shoulder Blank Back – $1,244
This is my pick for best deal of the auction.  Printer’s Scrap and Blank Backs continue to see their values fall, but this price seems ridiculously low.  I imagine a lot of back collectors will regret letting that one go for such a low price (I already do).  The fact that this is Tinker’s least popular pose may have been partially responsible for the low hammer.

Evers Broadleaf 350 SGC 30 – $1,128
Another card that went a lot lower than I would have expected.  In retrospect, I wish I had gotten in there.  Besides being a very scarce front/back combo, this one also has tremendous eye appeal for the grade.  No paper loss, and the lone crease is not too distracting.

Evers Broadleaf 350

Evers Cubs on Shirt Sovereign 150 SGC 40 – $580
This front/back combo is tough to come by, and there were clearly 2 or 3 bidders who really wanted this one.  It’s a strong return for the consignor and a fair price based on the scarcity of the card.