Taking a Look Back at the Crazy Prices for T206 Rare Backs in the October REA Auction

Back on October 28th, the Fall REA auction ended.  Prices were very strong across the board on rare T206 backs.  In the days following the auction, I wondered if we were going to see a sustained rise in the value of tougher-backed T206s.  However, in the six weeks since the auction ended, that does not appear to have been the case.  Let’s take a look at the REA sales results, as well as some more recent sales from Heritage, Love of the Game, and eBay.

REA Fall Auction Results:

  • American Beauty 350 With Frame Cobb Red Background Portrait PSA 6 – $33,000
  • Black Lenox Cobb Red Background PSA 3 – $30,000

  • Cycle 460 Cobb Bat Off Shoulder PSA 1.5 – $18,000
  • Brown Old Mill Helm SGC A – $11,400

  • Brown Lenox McQuillan With Bat PSA 1.5 – $9,000

  • Uzit Chase Holding Trophy PSA 2(mk) – $6,600
  • Brown Hindu Mathewson Portrait PSA 1 – $6,600
  • Carolina Brights Lavender PSA 4 – $4,200
  • Cycle 460 Crawford With Bat PSA 7 – $3,900
  • Black Lenox Chance Batting PSA 3 – $3,600
  • Cycle 460 Cobb Red Background Portrait SGC A – $3,300
  • Black Lenox Frill PSA 2 – $3,000

  • Broad Leaf 350 Clancy PSA 3 – $2,700
  • Carolina Brights Puttman SGC 50 – $2,700
  • Carolina Brights Shad Barry SGC 3.5 – $2,700
  • Carolina Brights Dinneen PSA 4 – $2,700
  • Carolina Brights Krause Portrait SGC 3 – $2,280
  • American Beauty 460 Meyers Portrait PSA 6 – $2,160
  • Carolina Brights Bush SGC 1.5 – $1,920

  • American Beauty 460 Bescher Hands in Air PSA 6 – $1,920
  • Carolina Brights Burns SGC 2.5 – $1,800
  • Red Hindu McGraw Glove at Hip PSA 3 – $1,560

Heritage Auction’s “Fall Sports Card Catalog Auction” ended on November 16th:

  • Brown Old Mill Dutch Jordan SGC A – $15,600
  • Broad Leaf 350 Rhoades SGC 3 – $1,560

  • Red Hindu McGraw Glove at Hip SGC 2.5 – $1,546
  • Red Hindu O’Leary SGC 3 – $1,440

  • Broad Leaf 350 Nattress SGC 1 – $900

Love of the Game’s “Fall 2018 Premier Auction” ended on November 25th:

  • Uzit Merkle PSA 2 – $3,690

  • Uzit Lake No Ball in Hand SGC 30 – $2,583

  • Lenox Wiltse Portrait w/ Cap SGC 30 – $1,800

The following rare backs sold on ebay in the same time-frame:

  • Carolina Brights Schlafly SGC 5.5 – $2,284 (sold on 11-07-2018)

  • Lenox Wiltse Portrait w/ Cap SGC 40 – $2,026 (sold on 12-12-2018)

  • Carolina Brights Dinneen PSA 3 – $1,295 (sold on 11-28-2018)
  • Carolina Brights Jesse Tannehill PSA 2 – $1,000 (sold on 12-12-2018)
  • Carolina Brights Freeman PSA 1.5 – $700 (sold on 12-13-2018)

The Highest Graded T206 Set Sells for Over $8 Million Dollars!

On September 20, 2018 the highest graded T206 set in existence sold via Heritage Auctions.  Each card was offered as a stand-alone lot.  The combined sales price was staggering.  I couldn’t find the exact figure, but PSA CEO Joe Orlando posted that total was over $8,000,000.  The set boasted an unheard of thirteen PSA 10s, McGraw (Finger in Air) being the lone Hall of Fame PSA 10.  Twenty-four of the Hall Of Famers were graded PSA 9.

You can check out the auction in it’s entirety by following the link below.  In order to see the realized sale prices, you’ll have to log in, or create an account if you haven’t yet.

2018 September 20 1909-11 T206 PSA Set Registry Catalog Auction

There were dozens of cards in this auction that would have headlined most other auctions.  The cards were below were the highlights of the auction in terms of realized sale price, but I urge to to follow the link above and check out the rest of the auction.

Plank PSA 7 – $690,000

Magie PSA 8 – $660,000

Cobb Greeb Portrait Old Mill PSA 8 – $360,000

Mathewson White Cap PSA 9 – $264,000

Cobb Red Portrait PSA 8 – $192,000

McGraw Finger in Air PSA 10 – $192,000

Young Bare Hand Shows PSA 9 – $168,000

Johnson Hands at Chest PSA 9 – $156,000

Cobb Bat on Shoulder PSA 8 – $144,000

Mathewson Dark Cap PSA 8.5 – $120,000

Johnson Portrait PSA 9 – $114,000

Young Portrait PSA 8 – $114,000

Cobb Bat off Shoulder PSA 8 – $102,000

O’Hara St. Louis PSA 7 – $96,000

Examining the T206 Joe Tinker Hands on Knees “Chicago” Variation

T206 Tinker hands on knees PSA Chicago variation
This is the third copy that surfaced, and by far the nicest. Originally sold by REA in Fall 2013 for $11,850

The T206 Tinker Hands on Knees “Chicago” variation is one of the more valuable errors/variations in the set.  For a card that has repeatedly sold for five figures, it seems to fly under the radar in terms of notoriety.  It’s a relatively recent discovery, which could be a contributing factor.  The first copy surfaced in March 2011 on ebay.  A thread was started on net54baseball.com to discuss it.  There was a lot of skepticism initially.  However, a few long-time T206 collectors stated that they thought it was legit.  On April 15th of 2011, Bob Lemke posted that the card had been graded by SGC and was deemed a legitimate variation.

T206 Schulte Proof Keith Olbermann

At the time the first copy was being discussed, it was known that an early proof of Wildfire Schulte front view had “CHICAGO” written
across his jersey rather than “CUBS”, lending credence to the idea that perhaps Tinker was originally slated to have “CHICAGO” across his
jersey as well.  The Schulte proof, which is one of the coolest T206 cards in existence, is owned by Keith Olbermann.  He wrote an article about proofs and variations in 1997 for the Vintage & Classic Baseball Collector magazine which included a scan of the Schulte proof.  I’m less sure about the timeline of the discovery of this Tinker photo, which legitimized the variation for anyone who was still skeptical.  It’s clearly the photo that was used for Tinker’s Hands at Knees T206 card.  You can see why they didn’t want to copy it exactly, since his Tinker Chicago on jerseyjersey is unbuttoned and it’s hard to read the letters across his chest.  Why they chose to remove “CHICAGO” and add “CUBS” rather than just touch it up so “CHICAGO” was legible is anyone’s guess.  Every Chicago Cubs pose released in the 150 series features”CUBS” across the jersey.  It’s possible all Cubs were initially slated to be printed with “CHICAGO” on their jerseys.  It’s also possible that Schulte and Tinker were changed to “CUBS” to fit in with the rest of the team.

In REA’s Spring 2012 Auction, a second copy of this variation surfaced, selling for $18,960.  This one was noticed by an SGC grader who spotted it while grading a submission.  The owner promptly sent it to REA and cashed in.  Soon after, the first copy was auctioned off in Greg Bussineau’s Summer 2012 Auction, where it fetched $33,720.  The second copy is in much nicer shape, even though the grades are identical.  Waiting until the second copy sold turned out to be a wise move for the owner of the first copy.

rea-spring-2012-tinker-sgc-20

In 2013, the third copy of this variation surfaced.  This one is by far the nicest.  It was graded a 2.5 by PSA due to some slight surface wear on the back but looks a lot more like a 5.  A distinct pattern had developed, as this card (in addition to copy #1 and copy #2) featured a Sweet Caporal 150 factory 30 back.  The third copy was auctioned off by REA in the Fall of 2013 and went for $11,850.  The same card was recently sold via Heritage Auctions in their August 2016 Platinum Night Auction.  This time, it fetched $22,705.

rea-2013-psa-2-5-tinker

T206 Tinker Chicago Sweet Caporal SGC 20
Copy #1, sold by Greg Bussineau for $33,720 in Summer 2012

Only 3 copies of this variation are known, but a number of Tinker Hands on Knees cards show remnants of the darker “CHICAGO” text.  The theory is that when the printers swapped “CHICAGO” for “CUBS”, they initially left “CHICAGO” underneath but reacted quickly to erase most of “CHICAGO”.  The partial remnant can be found on cards with Hindu, Piedmont 150, Sovereign 150, and Sweet Caporal 150 backs.  I am not aware of any 350 series backs that feature the remnant, so they must have cleaned it up for a second time following the 150 series print runs.  Copies with the remnant are not particularly tough to find and don’t seem to sell for any premium.

Next time you come across a copy of Tinker Hands on Knees, make sure to give it a close look.  There might be another one out there just waiting to be found!

Thanks to Robert Edwards Auctions, net54baseball.com, Bob Lemke’s blog, and Heritage Auctions for the reference materials for this article.

tinker-sc-and-sov150-with-remnant
Sweet Caporal 150/30 and Sovereign 150 examples featuring the remnants of “CHICAGO” in black behind “CUBS”