BFM Patrimoine

Baseball collectible card sold for $ 5.2 million

The card, dated 1952, shows former New York Yankees player Mickey Mantle (1931-1995), a legend about his sport.

A baseball collectible card was purchased by American comedian and entrepreneur Rob Gough for the record $ 5.2 million price, auction house PWCC Marketplace told AFP on Thursday.

The card, dated 1952, shows the former New York Yankees player Mickey Mantle (1931-1995), the legend of his sport, seven times winner of the professional championship MLB (Major League Baseball).

Trading cards have been around in baseball since the late 19th century, but began to hit high prices in the early 1980s. After a low in the early 2000s, the market has recently recovered to set a series of new records. last months.

Previous record of $ 3.93 million

In August last year, a card similar to Mike Trout (Los Angeles Angels), often considered the best player of the last ten years, reached $ 3.93 million during a sale organized by the house Goldin Auctions.

The trading card market is growing, “said PWCC Marketplace Marketing Director Chris Callahan, indicating that the average card price has increased” 2 to 3 “times in the last 12 months.

The acceleration also corresponds to the emergence of a new generation of collectors, interested in diversified assets.

“New investors are entering this ‘sportsbook fundraising’ sector,” which will generate continued growth, “expects Chris Callahan.

Traditionally limited to baseball, card trading has expanded to include other sports, mainly basketball, which have also increased in a year.

In September, a card from Milwaukee Bucks star Giannis Antetokounmpo was purchased for $ 1.81 million.

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