Rare Book Monthly

Articles - May - 2021 Issue

Another Record Price for a Collectible Card

Ea1865d3-c443-4420-a383-8b567533678c

The $2.25 million Brady card (Lelands photo).

Once in a while, a collecting field becomes so hot it's hard to even keep up with what is going on. Such is the case with collector cards these days. It's reminiscent of tulips a few centuries ago, but hopefully, with a better ending.

 

Last month we wrote about a slew of record prices for collectible cards. Between last November and March, record prices were set for cards in every major team sport – baseball, football, basketball, hockey, and soccer. That article has already become outdated. Another record price has come tumbling down and it isn't even close. That record lasted only a month before being eclipsed by a new record price that is almost $1 million higher.

 

Last month, Lelands, a sports auction house, set a new record price for a football card. That price was $2.25 million, or, to be exact, $2,252,854.80. It was a rookie card for one Tom Brady, a 2000 Playoff Contenders Champion Rookie Ticket produced in “only” 100 copies. As you may know, Brady has gone on to have a very record-setting career himself. Based on this price, the complete card run, if in comparable condition, would be worth $225 million today.

 

What is astonishing is how fast these prices have risen. A month earlier, the same card, in very similar condition, sold for $1.32 million. That is an increase of $930,000 or 70% in just one month. This latest card was graded at 8.5, and 9 for the autograph, while the one from a month before was graded an 8 with the autograph at 10.

 

Making this all the more remarkable is how fast football cards had been appreciating even before the March sale. The $1.32 million paid for the March Brady card itself broke a record only one month old, and that, too, was by a large margin. The previous record was for a Patrick Mahomes card that sold for $861,000. So that was an increase in over 50% in just a month. But as they say on TV infomercials, “wait, there's more.” Another Brady card sold in January for what is believed to have been a then record price of $556,000. The Mahomes card, too, represented over a 50% increase from the previous record. Add them all up and you have an increase in the record price paid for a football card between January and April of over 300%.

 

Another way of looking at it is that another copy of the $2.25 million Brady card, in a little better condition (9/10) sold for $400,000 two years ago. That is a 460% rise in value in just two years. How are your investments doing?

 

So, what does Tom Brady think of all this? Interviewed on Good Morning America, Brady said, “It’s surreal, and it makes me want to go check all my cards that I have stored. There’s got to be one in there somewhere. And I kept all these cards for all these years. You know, when I was coming out I tried to make some money. My agent, Steve, was like, ‘I got a trading card deal for you. Sign a thousand cards and they’re going to pay you like 20 cents a card.’ And I was like, ‘Twenty cents a card? I’m going to be rich!’ Unbelievable. Twenty-one years later you see these cards that are worth that kind of money. I definitely should’ve kept some of them but whatever I think it all worked out pretty good.”

 

Now, would you like some more evidence of just how crazy the card collecting field has become? Unlike with books, there are independent grading services that will put a condition score on cards so collectors can put an informed value on them. The primary grader is PSA. Recently, they stopped accepting new cards for evaluation. The reason? They are overwhelmed. They have such a large backlog of cards to grade they don't know when they can get to them all so they have just stopped accepting any more. In a letter from PSA President Steve Sloan, he explained, “The sheer volume of orders that PSA received in early March has fundamentally changed our ability to service the hobby. The reality is that we recently received more cards in three days than we did during the previous three months. Even after the surge, submissions continue at never-before-seen levels. Given our growing backlog, it would be disingenuous for us to continue to accept submissions for cards that we will be unable to process in the foreseeable future.”

 

These are not some tattered old cards someone found in the attic, worth maybe a few bucks each. These are cards often worth thousands, even hundreds of thousands, once in awhile millions, of dollars. Would you like a tulip with that?

Rare Book Monthly

  • <b><center>Ketterer Rare Books<br>Auction on May 31</b>
    <b>Ketterer Rare Books, May 31:</b> Aristoteles, <i>Logica vetus,</i> Manuscript, around 1250. Est: € 60,000
    <b>Ketterer Rare Books, May 31:</b><br>L. Pacioli, <i>Divina proportione,</i> 1509<br>Est: € 80,000
    <b>Ketterer Rare Books, May 31:</b> A. Jorn, Fin de Copenhague, 1957.<br>Est: € 10,000
    <b><center>Ketterer Rare Books<br>Auction on May 31</b>
    <b>Ketterer Rare Books, May 31:</b> Gospel of Mark, Manuscript, around 1180.<br>Est: € 30,000
    <b>Ketterer Rare Books, May 31:</b><br>J. de Theramo, <i>Consolatio peccatorum,</i> 1481. Est: € 25,000
    <b>Ketterer Rare Books, May 31:</b><br>G. Braques in G. Apollinaire, <i>Si je mourais là-bas,</i> 1962. Est: € 6,000
    <b><center>Ketterer Rare Books<br>Auction on May 31</b>
    <b>Ketterer Rare Books, May 31:</b> Latin Choral manuscript, around 1500.<br>Est: € 25,000
    <b>Ketterer Rare Books, May 31:</b><br>P. J. Redouté, <i>Choix des plus belles fleurs,</i> 1827-33. Est: € 25,000
    <b>Ketterer Rare Books, May 31:</b><br>S. Delaunay, <i>27 tableaux vivants,</i> 1969. Est: € 3,000
    <b><center>Ketterer Rare Books<br>Auction on May 31</b>
    <b>Ketterer Rare Books, May 31:</b> Latin and French Book of Hours, around 1450-70. Est: € 30,000
    <b>Ketterer Rare Books, May 31:</b><br>L. Moholy-Nagy, Bauhaus advertising postcard No. 7, 1923. Est: € 5,000
    <b>Ketterer Rare Books, May 31:</b><br>K. Price in Ch. Bukowski, <i>Heat wave,</i> 1995. Est: € 2,500
  • <b>Swann Auction Galleries, May 12:</b> <i>Westvaco–Inspirations for Printers,</i> 3 volumes, 1938-61. $200 to $300.
    <b>Swann Auction Galleries, May 12:</b> Proef van Letteren, <i>Welk gegooten worden in de Nieuwe Haerlemsche Lettergietery,</i> 1768. $3,000 to $4,000.
    <b>Swann Auction Galleries, May 12:</b> Paul Klee, <i>Bauhaus Ausstellung Juli – Sept.,</i> Weimar, 1923. $4,000 to $6,000.
    <b>Swann Auction Galleries, May 12:</b> Michel Seuphor & Jozef Peeters, <i>Het Overzicht Nos.</i> 22-23-24, Antwerp, 1922. $3,000 to $4,000.
    <b>Swann Auction Galleries, May 12:</b> Wolfrum & Co., <i>Modern Graphik, Serie I…,</i> complete portfolio, 1909. $1,200 to $1,800.
    <b>Swann Auction Galleries, May 12:</b> <i>Gravure et Fonderie deC. Derriey: Specimen-Album,</i> Paris, 1862. $5,000 to $7,500.
  • <b><center>Sotheby’s<br>Science: Books and Manuscripts<br>15-25 May 2021</b>
    <b>Sotheby’s, 15-25 May:</b> Mary Anning. Autograph letter signed, to William Buckland, 24 November 1834. £50,000 to £70,000.
    <b>Sotheby’s, 15-25 May:</b> Bolyai. <i>Scientiam spatii absolute veram exhibens,</i> Maros Vásárhelyi, 1832-1833, 2 volumes, half calf. £50,000 to £70,000.
    <b>Sotheby’s, 15-25 May:</b> Vesalius.<br><i>De humani corporis fabrica,</i> Basel, 1555, modern crushed burgundy morocco. £15,000 to £20,000.
    <b><center>Sotheby’s<br>Science: Books and Manuscripts<br>15-25 May 2021</b>
    <b>Sotheby’s, 15-25 May:</b> Copernicus.<br><i>De revolutionibus orbium coelestium,</i> Nuremberg, 1543, later boards, Rostock duplicate. £70,000 to £100,000.
    <b>Sotheby’s, 15-25 May:</b> Payan-Dumoulin. Profusely illustrated manuscript of fossils, France, c.1875-1979. £15,000 to £20,000.
    <b>Sotheby’s, 15-25 May:</b> Albert Einstein. Autograph letter signed, to his son Albert, 4 November [1915]. £10,000 to £15,000.
  • <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Alken (Henry), after. Salmon Fishing; Fishing in a Punt; Pike Fishing, three works, 1820. £600 to £800.
    <b>Forum Auctions, May 20:</b> Early Images of Angling.- Hollar (Wenceslaus) Angling; River Fishing; and Salmon Fishing, after Francis Barlow, 3 engravings, [c. 1671]. £500 to £700.
    <b>Forum Auctions, May 20:</b> Rolfe (Henry Leonidas). <i>Studies of Fresh Water Fish,</i> 1851. £500 to £700.
    <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Morland (George), After. A Party Angling; The Anglers' Repast, a pair, mezzotints, 1789. £400 to £600.
    <b>Forum Auctions, May 20:</b> Pollard (James), After. Bottom Fishing; Anglers Packing Up, etchings with aquatint, 1831. £400 to £600.
    <b>Forum Auctions, May 20:</b> Angling's Age of Romance.- Sayer (Robert, publisher) & J. Bennett. The Angelic Angler, mezzotint, 1781; and another. £300 to £400.
    <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Fishing Satire.- London.- Roberts (Piercy). Patience at Paddington or angling in the Junction Canal, etching after Woodward, 1807; together with Woodward's 'Angling at Sadler's Wells', and another, 1794. £300 to £400.
    <b>Forum Auctions, May 20:</b> Fishing Satire - Cats Fishing.- Seymour (Robert). Waltonizing or - Green-land Fisherman, [c. 1830s]; together with 3 lithographs of cats fishing, [c. 1830s]. £300 to £400.
    <b>Forum Auctions, May 20:</b> Fishing Portraits.- Zoffany (Johan), After. Master James Sayer, at the age of 13, mezzotint by Richard Houston, 1772. £300 to £400.
    <center><b>Forum Auctions<br>Images of Angling:<br>The David Beazley Collection<br>of Angling Prints<br>Online Sale<br>20th May 2021</b>
    <b>Forum Auctions, May 20:</b> Wilkinson (Norman). Come to Britain for Fishing, lithographic poster, [c. 1947]. £300 to £400.
    <b>Forum Auctions, May 20:</b> Scottish Fishing.- Heath (William). Sporting in the Scottish Isles no. III. Salmon Fishing, 1835; and another. £150 to £200.
    <b>Forum Auctions, May 20:</b> Simpson (Joseph). The Border Angler, drypoint, [c. 1927]. £150 to £200.

Article Search

Archived Articles

Ask Questions