WIREPHOTO: Joe Montana - [07/14/88] 'A Happy Guy' (49ers)

The history of vintage baseball card auctions is long and colorful.

T-206 Honus Wagner tobacco cards have sold for upto $2.8 million in auction. The "Holy Grail of Sports Cards", it's extreme-high auction value can mostly be attributed to great PR and "auction fever". It's not close to being the rarest baseball card and Honus Wagner is not Babe Ruth or Mickey Mantle. Yes, the T-206 set is beautiful & special but because of the # of cards and scarcities, few collector's try to complete, which should keep auction competition down compared to say 1933 Goudey or 1952 Topps baseball card issues.
BUT IT DOES NOT...

There's a story Wagner banned his card because he was anti-tobacco but there are other stories about financial considerations.

You surely have heard of PSA and may even know that this card was the FIRST they ever graded. But did you know that dealer (B.l. .ast.o name encoded) admitted tampering with the card, perhaps having it trimmed down to size, before PSA graded it so highly for the auction.

Competition was raging between Topps and Bowman in 1953 and 1954 leading to problems with both companies sets. Bowman caused Topps to missing 6 cards in 1953 with Topps getting revenge by signing Ted Williams to an exclusive contract in 1954. Bowman then had to pull Ted Williams card #66 from their set shortly after they started printing, replacing it with Jimmy Piersall, who also was on card #210 making the 1954 Bowman Ted Williams #6 one of 50's scarcest cards.

Perhaps distracted by it's competition with Topps, the 1954 Bowman set was filled with errors and variations. Nearly 20% (40/224 cards) had some sort of variation, with some having more than 2.

The St. Louis Browns recent move to Baltimore also made things interesting. Bowman's artists had no idea what an Orioles jersey would look like - so they just madeone up.

Auctioneer Guernsey's went thru Topps offices gathering over 3,000 items for the auction. Topps spokesman reported auction sales of OVER $1.5 million !!! Additional sales were made from a mail-only auction. Collector Keith Olbermann, at the auction, described it as an archaeological dig.

Topps archive material continued to accumulate after the auction ending up with another treasure of over 250,000 transparencies, uncut sheets, color separations, art, photos, slides, proof sheets & wrappers, canceled checks, contracts and one-of-a-kind items to sell.