Robert Edward Auctions (REA) recently wrapped up its February auction, hitting it out of the park with sales surpassing $1.2 million. One of the standout moments from the auction was the sale of a PSA 5 graded M116 Sporting Life Honus Wagner card, which fetched an impressive $75,000, setting a new record for this version and showcasing the enduring demand for rare vintage sports cards.
The event also saw the spotlight on a Ty Cobb Blue Background card from the same M116 Sporting Life series. Graded PSA GOOD 2, this card made waves by breaking the record for its condition with a sale price of $15,000. The auction drew in a substantial crowd of registry builders and collectors, especially with the offering of ten Mint 9 graded cards from the 196 Topps set. Notably, a #2 Roman Mejias PSA MINT 9 card stole the show with a winning bid of $19,200, marking the highest price for a non-Hall of Famer card from this set in its grade.
Featuring a total of 2,732 items up for grabs, REA’s auction showcased a diverse range of collectibles, with other top sellers including a 1909-1911 T206 White Border Ty Cobb Portrait Red Background PSA VG-EX 4 card that sold for $21,000, a 1934 R320 Goudey #37 Lou Gehrig PSA EX-MT 6 card that fetched $18,000, and a 1986-1987 Fleer Basketball PSA NM-MT 8 Complete Set that went for $12,000, among other notable items.
Brian Dwyer, the President of REA, expressed his satisfaction with the auction’s broad appeal and the enthusiastic involvement of the collector community. He also hinted at exciting prospects on the horizon with REA’s upcoming March and Spring Auctions, signaling a bright future for sports collectibles enthusiasts.
This recent auction by REA not only highlights the enduring allure and value of vintage sports cards and memorabilia but also hints at thrilling opportunities on the horizon for collectors and enthusiasts. With the next Encore event slated for March 14-24 and the Spring Catalog Auction kicking off on April 5, REA continues to solidify its position as a premier platform in the sports collectibles market.
