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T206 Honus Wagner Card Sells for $5.1M at Goldin Auction

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A recently discovered 1909 Sweet Caporal T206 Honus Wagner card has sold for $5.124 million via Goldin Auctions, including buyer's premium. The card, which received a PSA grade of 1, had been kept in the same family for over a century after being pulled from a tobacco pack in 1909.

The Wagner card belonged to Douglas and Dennis Shields, whose grandfather Morton Bernstein collected trading cards in the early 1900s. After the National Silver Company folded, the cards were moved to a warehouse and eventually bequeathed to the brothers. This sale ranks as the third-most expensive T206 Wagner, behind copies that sold for $6.606 million in 2021 and $7.25 million in 2022.

Ken Goldin, CEO of Goldin Auctions, announced the card in December, with its discovery chronicled on Netflix's 'King of Collectibles: The Goldin Touch.' The T206 Wagner's scarcity stems from Pittsburgh Pirates shortstop Honus Wagner asking the American Tobacco Company to pull it from production in 1909, with theories ranging from printing issues to compensation disputes.