Untitled Document Centennial, CO – Allaying many fears concerning the health of sports collectibles in a troubled economy, Mile High Card Company’s recently concluded Oct. 1 sale climbed to $2,734,887.00, topping the firm’s previous record by nearly half a million dollars and proving to the skeptical masses what most long-time hobbyists have always known. Scarce collectibles are generally impervious to financial market trends, and cards, in particular, can often be better than gold.

True to speculation among inquisitive hobby commentators on various online forums, rare pre-war items in high-grade not only held their own but in many cases outperformed even the loftiest of expectations. The world’s finest T205 Gold Border Cy Young (graded PSA 8.5 NM/MT+) became the highest selling T205 on record with a final hammer price of $105,242. Other notable half-point surprises included a PSA 8.5 T206 Rube Marquard that finished at $9,816, a PSA 8.5 1915 Cracker Jack Honus Wagner that catapulted to $24,554, and a PSA 8.5 1962 Kahn’s Clemente that brought $8,139. Clearly, a half-point does matter.

Mile High was also pleased to realize exceptional prices on a handful of select pieces of memorabilia, including a spectacular single-signed Babe Ruth ball that fetched $32,683 and an exquisite 1910-11 Pittsburg Pirates Sweater that brought nearly $20,000. Most impressive, however, was the $30,434 realized for a 1955 Ted Williams Game-Used Bat graded GU-10 by PSA/DNA, the strongest price ever paid for a regular issue 1950s Williams bat. Also of particular note was a Type 1 Louis Van Oeyen Joe Jackson photo that brought $10,443 and a complete 1962 Topps Baseball Cello Box that sold for $38,236.

MHCC President, Brian Drent, summarized the auction by stating, “We are more than pleased with the results of our latest sale. It was a critical auction, not just for our firm, but for the entire hobby. Naturally, we were concerned about the economy, what with the Dow suffering its largest single day loss the day before we ended. But we were eager to be under the spotlight and to prove to the entire hobby that we can be relied upon in times like these and continue to realize exceptionally strong, record-breaking prices.”

Not only did Mile High’s Oct. 1 auction exceed its previous record by nearly half a million dollars, but it also experienced the heaviest bidding in the 12-year history of the firm. According to David Thorn, Mile High’s Head Writer, “We experienced more record-setting prices than we could count on VCP, and some of the records completely obliterated the previous numbers.” All things considered, the market for premium sports collectibles appears to be healthy.

Prominent single card sales, many of which surpassed previous sales records (confirmed by vintagecardprices.com and noted with asterisks) included:

1911 T205 Gold Border Cy Young PSA 8.5 $105,242*
1911 T206 Rube Marquard PSA 9 $9,816*
1915 Cracker Jack Nap Lajoie PSA 8.5 $21,763*
1915 Cracker Jack Honus Wagner PSA 7 $24,554*
1916 M101-5 Sporting News Babe Ruth PSA 8 $89,104*
1933 Goudey #92 Lou Gehrig PSA 8 $19,618*
1951 Bowman Whitey Ford PSA 8 $9,227
1951 Bowman Willie Mays PSA 8 $11,071
1954 Parkhurst Tim Horton PSA 9 $2,178*
1955 Topps Roberto Clemente PSA 8 $7,373
1955 Topps All American Jim Thorpe PSA 9 $8,722
1958 Topps Mickey Mantle PSA 9 $11,071
1959 Topps Mickey Mantle PSA 9 $9,227
1962 Kahn’s Weiners Robert Clemente PSA 8.5 $8,139*
1963 IDL Drugstore Roberto Clemente PSA 9 $9,771*
1963 Pittsburg Exhibit Sandy Koufax PSA 9 $5,656*
1963 Topps Pride of the NL PSA 10 $5,949
1963 Topps Juan Marichal PSA 10 $4,249*
1966 Philadelphia Bob Hayes PSA 9 $2,675*
1967 Topps Joe Namath PSA 10 $4,813
1971 Topps Joe Greene PSA 9 $4,593*
1973 Topps Hank Aaron PSA 10 $7,049*
1978 Topps Molitor/Trammell PSA 10 $4,593*
1979 Topps Ozzie Smith PSA 10 $6,484*
1984 Topps USFL Reggie White PSA 10 $2,869*

Living up to its reputation as one of the hobby’s premier outlets for high-grade sets and uncommon commons, while confirming the strength of one of the hobby’s core activities, set building, Mile High was also pleased to realize the following significant sales:

PSA GRADED SETS

1910 E96 Philadelphia Caramel (3.867 GPA) $24,554
1912 T207 Brown Background Near Set (3.699 GPA) $37,941
1951 Topps Connie Mack’s All Stars #2 Finest PSA Set $13,512
1952 Bowman Baseball (7.17 GPA) $14,757
1955 Bowman Baseball (7.93 GPA) $26,784
1956 Topps Baseball (8.00 GPA) $35,708
1960 Topps Baseball (7.89 GPA) $14,757
1965 Topps Baseball (8.10 GPA) $13,415
1966 Topps Baseball (7.99 GPA) $12,195
1967 Topps Baseball (8.09 GPA) $19,642
1969 Topps Baseball (8.05 GPA) $11,452
1971 Topps Baseball (8.00 GPA) $32,683
1950 Bowman Football (8.0095 GPA) $27,010
1952 Bowman Large Football #2 Finest PSA Set $79,068
1961 Topps Football (8.30 GPA) $10,798
1963 Topps Football (7.91 GPA) $15,114
1964 Topps Football #1 Finest PSA Set $38,236
1967 Topps Football #2 Finest PSA Set $11,895

BASEBALL SINGLES

1911 Turkey Red Chief Myers PSA 4 $15,979*
1940 Play Ball Frankie Frisch PSA 9 $2,675*
1949 Bowman Dany Litwhiler PSA 9 $3,109*
1949 Bowman Sam Chapman PSA 10 $3,976*
1949 Bowman Larry Jansen PSA 9 $4,141*
1953 Bowman Color Al Lopez PSA 9 $7,049*
1953 Topps Willard Marshall PSA 9 $3,795*
1953 Topps Pete Runnels PSA 9 $3,157*
1953 Topps Charlie Silvera PSA 9 $7,531*
1953 Topps Sid Hudson PSA 9 $5,052*
1953 Topps Bob Oldis PSA 9 $5,142*
1954 Topps Tom Wright PSA 10 $6,223*
1956 Topps Connie Johnson PSA 9 $6,065*
1961 Topps NL ERA Leaders PSA 10 $2,140*

OTHER SPORTS

1948 Bowman BB Bruce Hale PSA 10 $3,285*
1950 Bowman FB Bill Johnson PSA 9 $1,752*
1951 Bowman FB Weldon Humble PSA 9 $4,433*
1951 Bowman FB Verl Lillywhite PSA 9 $1,752*
1951 Bowman FB Tom Wham PSA 9 $1,592*
1951 Bowman FB Tobin Rote PSA 9 $1,446*
1958 Topps FB Jim Brown PSA 8 $2,714
1958 Topps FB Raymond Berry PSA 9 $2,591*
1961 Parkhurst Alex Delvecchio PSA10 $1,945*
1963 Fleer FB Len Dawson PSA 9 $1,980
1963 Fleer FB Lance Alworth PSA 9 $1,634*
1965 Philadelphia Checklist 2 PSA 9 $1,959*
1967 Philadelphia Tommy McDonald PSA 10 $1,206*
1979 Topps FB Earl Campbell PSA 10 $2,901*

Mile High Card Company has distinguished itself among elite auction houses as a specialist in the sportscard market, consistently realizing record-setting prices for sets and singles that in many cases far outdistance the competition. As a follow-up to this highly successful event, MHCC is currently planning an “Extra Innings” live telephone and internet auction for fall 2008 as well as a premier catalogue event for winter 2009. To consign your treasured material to MHCC or to receive a free catalogue in the future, please visit www.milehighcardco.com or call Mile High Card Company directly at (303) 840-2784 (8:00-5:00 MST M-F).