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Tuesday, November 26, 2024

Coveted Mickey Mantle Card Sells for Record $12.6M

  • Sold by Heritage, the card was graded a Mint+ 9.5 by Sportscard Guaranty Corporation.
  • Its price surpassed a T206 Honus Wagner card sold for $7.25 million earlier this month.
LM Otero

More than 50 years after he played his last game, legendary New York Yankee Mickey Mantle is back on top — of the collectibles market.

On Sunday, a 1952 Topps Mantle rookie card sold for $12.6 million, setting a new record for sports collectibles as the most valuable sports card ever sold at auction.

“An eight-figure auction result in the sports market was the stuff of fantasy just a decade ago,” said Chris Ivy, Heritage Auctions’ Director of Sports Auctions. “We always knew this card would shatter records and expectations.”

  • Sold by Heritage, the card was graded a Mint+ 9.5 by Sportscard Guaranty Corporation.
  • Its price surpassed a T206 Honus Wagner card sold for $7.25 million earlier this month.
  • The card also beat the $9.3 million sale of a jersey worn by soccer player Diego Maradona. 

The prized Mantle card was brought to market by Anthony Giordano, who purchased the coveted collectible for $50,000 in 1991 — at the time a record for a sports trading card.

Lucrative Opportunity

Ken Goldin, founder of collectibles marketplace Goldin, told Front Office Sports in January that he expected to host at least $500 million in transactions on his platform this year, up from $330 million in 2021 and $100 million the year prior.

Meanwhile, eBay plans to take advantage of the booming market with its acquisition of TCGplayer — an online marketplace for sports cards — in a deal that could fetch up to $295 million.

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