Robert Edward Auctions (REA) hit a home run with its February auction, raking in over $1.2 million in sales of vintage sports cards and memorabilia. The star of the show was a PSA 5 M116 Sporting Life Honus Wagner card, which fetched an impressive $75,000. This sale set a new record for this particular version of the card, showcasing the continued demand for rare vintage sports collectibles.
Not to be outdone, a Ty Cobb Blue Background card from the same M116 Sporting Life series made waves by selling for $15,000 with a PSA GOOD 2 grade, breaking the record for its condition. The auction drew in a crowd of registry builders and collectors, especially with the offering of ten Mint 9 graded cards from the 196 Topps set. Among these gems was a #2 Roman Mejias PSA MINT 9 card, which clinched the top spot with a jaw-dropping $19,200 sale, marking the highest price for a non-Hall of Famer card from this set in its grade.
The auction featured a diverse array of items, totaling 2,732 lots up for grabs. Some other notable sales included a 1909-1911 T206 White Border Ty Cobb Portrait Red Background PSA VG-EX 4 card sold for $21,000, a 1934 R320 Goudey #37 Lou Gehrig PSA EX-MT 6 card fetching $18,000, and a 1986-1987 Fleer Basketball PSA NM-MT 8 Complete Set going for $12,000, showcasing the broad appeal of sports collectibles among enthusiasts and investors.
Brian Dwyer, the President of REA, expressed his delight at the auction’s success and the enthusiastic participation from the collector community. He hinted at exciting prospects for future events, including REA’s upcoming March and Spring Auctions, foreshadowing a bright future for sports collectibles aficionados.
This recent record-setting auction by REA not only reaffirms the enduring allure and value of vintage sports cards and memorabilia but also sets the stage for more thrilling events on the horizon. With the next Encore event slated for March 14-24 and the Spring Catalog Auction kicking off on April 5, REA continues to stand out as a premier platform for the sports collectibles market, offering exciting opportunities for both seasoned collectors and newcomers alike.