A mint condition Mickey Mantle baseball card sold for $12.6 million, blasting into the record books as the most ever paid for sports memorabilia.
A Mickey Mantle baseball card is displayed at Heritage Auctions in Dallas, on July 21, 2022. A mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday Aug. 28, 2022 as the most expensive ever paid for a piece of sports memorabilia.
And just last month, the heavyweight boxing belt reclaimed by Muhammad Ali during 1974′s “Rumble in the Jungle” sold for nearly $6.2 million.Prices have risen not just for the rarest items, but also for pieces that might have been collecting dust in garages and attics. Many of those items make it onto consumer auction sites like eBay, while others are put up for bidding by auction houses.
Ivy said savvy investors saw inflation coming down the road — as it has. As a result, sports memorabilia became an alternative to traditional Wall Street investments or real estate — particularly among members of Generation X and older millennials. “We’ve kind of started seeing some growth and some rise in the prices that led to some media coverage. And I think it all it all just kind of built upon itself,” he said. “I would say the beginning of the pandemic really added gasoline to that fire.”Before the pandemic, the sports memorabilia market was estimated at more than $5.4 billion, according to a 2018 Forbes interview with David Yoken, the founder of Collectable.com.
That lure of making money on something that might be sitting in one’s childhood basement has been irresistible, according to Stephen Fishler, founder of ComicConnect, who has watched the growing rise — and profitability — of collectibles being traded across auction houses.The Mantle baseball card dates from 1952 and is widely regarded as one of just a handful of the baseball legend in near-perfect condition.
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Mickey Mantle card sold for $12.6 million at auction, breaks recordA mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.
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Mickey Mantle card breaks record, as sports memorabilia soarA mint condition Mickey Mantle baseball card sold for $12.6 million Sunday, blasting into the record books as the most ever paid for sports memorabilia.
Read more »
Mickey Mantle card breaks record, as sports memorabilia soarA mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.
Read more »
Mickey Mantle card sold for $12.6 million at auction, breaks recordA mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.
Read more »
Mickey Mantle 1952 Baseball Card Breaks Record at AuctionThe memorabilia is widely considered one of the best kept cards of the baseball legend, in near-mint condition.
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