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mike trout card investment

This new record-breaking Trout card had been graded by Beckett Grading Service as a "Mint 9" and with a certified autograph issue logo on the card. 11:04 am ET, Mike Trout On Pace To Be Next Ernie Banks, Dodgers' Will Smith homers off ... Braves' Will Smith, Rays' Snell upset with quick hook as move backfires, Ex-Angels employee indicted over Skaggs' death, Astros' Baker says Correa called his walk-off shot, Rays' Arozarena ties rookie playoff record with sixth HR. Mike Trout has already won three AL MVP awards … “They’re not spending their money buying high-rises in New York, San Francisco or L.A.,” he said. A release from Anderson Group Public Relations noted that Dave Oancea is the man behind this new record-breaking single sports card sale. Previously, the most expensive trading card ever sold was the T206 Honus Wagner that went for $3.12 million in September of 2016. That said, Mueller also noted how some people believe that the sports card market is still a baby and that people have thought the price growth was unsustainable for the past 30 years or so. Two years later, another copy in the same in the same condition changed hands for $2,075. While the $3.936 million price tag sounds unreal, this card was an investment held by a sports betting consultant. “I relate it to art—like the Mona Lisa or a Picasso. Mike Trout has blossomed into one of the best players of his era, so it should come as no surprise that the Angels' star's memorabilia sells for a pretty penny. The people at the card companies are aware of the damage that did,” an executive with Beckett Media, which produces price guides for trading cards, told the Athletic in May. Vintage sports cards and memorabilia have been the go-to record-breakers for decades. To back that up, one of the prior "T206 Honus Wagner" cards sold by Goldin Auctions was said to be from a wealthy investor who had never purchased a baseball card for an investment before. While this is a modern era card that generally sees a flood of supply, this card is unique as serial number "1 of 1.". The 2009 Bowman Chrome Draft Prospects Mike Trout Superfractor signed rookie card has a notation on it that it was one in a series of just one, according to Goldin Auctions, which oversaw its sale to an unidentified buyer for a reported $3.93 million. Show full articles without "Continue Reading" button for {0} hours. The Trout card's opening bid was $1 million. This is the second time that Vegas Dave has profited off the sales of Mike Trout collectibles. While this price may sound like a once-in-a-life event, Oancea also recently sold another Trout autographed rookie card for a sum of $922,500 earlier this same year. The sale of a premium Mike Trout rookie card for $186,580 greatly exceeded pre-sale estimates and continues to show the stratospheric rise of valuable trading cards as an alternative investment. Vegas Dave set a new record for baseball card sales when he sold a 2009 signed Mike Trout rookie card for $3.9 million. My career in magazine journalism has included long stints at Audubon, Time, and The New Republic in their heydays. Trout is young, 27, and considered the best player in the game by far. With record-breaking baseball card prices in the modern era, are we witnessing the same sort of bubble that was seen back in the 1980s and early 1990s? Covering the impact of coronavirus on the sports world. Nationals fire employee who threw two cups of hot coffee at woman in Dominican Republic, Washington Capitals fire coach Todd Reirden after postseason disappointment. It sold for a record-setting $3.93 million. The MLB website shows that Trout has a lifetime average of .304, and that is nowhere near a career record in the MLB. The most important news stories of the day, curated by Post editors and delivered every morning. Cards of Honus Wagner, Babe Ruth, Ty Cobb and high-grade rookies of Mickey Mantle, Hank Aaron, Roberto Clemente, Willie Mays and so on have commanded incredible prices. Record-Breaking Mike Trout Rookie Card for $3.9 Million: Crazy or Genius Investment? The new record for a single-card sale belongs to a 2009 Bowman Chrome Draft Prospects Mike Trout Superfractor signed rookie card. The sale greatly exceeded pre-sale estimates and continues to show the stratospheric rise of valuable trading cards as an alternative investment. Cards of Honus Wagner, Babe Ruth, Ty Cobb and high-grade rookies of Mickey Mantle, Hank Aaron, Roberto Clemente, Willie Mays and so on have commanded incredible prices. Goldin Auctions' 2020 Elite Auction brought in over $14 million in total sales. “Not bad,” Cardboard Connection observed. 24/7 Wall St. has also counted sports cards as an alternative investment class on its own as a way of avoiding traditional losses from the stock market. All Rights Reserved. “I think we all learned a lesson. According to the official listing, the 2009 Bowman Chrome Draft Prospects Superfactor card has a serial number that states that the card is 1/1. Required fields are marked *. While samples of the T206 Honus Wagner have previously held the record for multimillion-dollar purchases, the sports collectibles industry just saw a record-breaking sale that has shattered all prior records and then some.

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