Countless auction records fell on May 1, 2004 as Robert Edward Auctions held one of the largest and most successful Baseball Card and Memorabilia auctions in collecting history. A total of 873 lots generated an astounding $4.5 million dollars in sales, averaging over $5,000 per lot, with total prices realized soaring to over 50% above the high-end estimate of the sale. Over 2500 participants including bidders from all over the world including Europe, Japan, and Hong Kong, helped to propel prices to unprecedented record levels.
The auction was highlighted by an extraordinary collection of documents and other materials relating to "The Origins of Baseball," which alone realized a total in excess of $500,000. The auction was presented on Robert Edward Auctions' Internet site and also simultaneously presented on eBay to ensure maximum exposure. Between Robert Edward Auctions' catalog, web site, and eBay, a total of over 160,000 different collectors viewed the auction catalog. This represents a record circulation for any baseball or collectibles auction of any type, and ensured that every item was sold to the person or institution that was willing to pay the most.
The 873 lots were won by an incredible 383 different bidders, representing a record low number of winners to number of lots ratio for Robert Edward Auctions, a statistic effectively illustrating the power of the marketing and auction process, and the breadth of bidder interest. By any measure this was one of the most carefully assembled, important, and successful baseball card and memorabilia auctions in the history of collecting.
Some of the many significant highlights include:
- Henry Chadwick Letter relating to "The Origins of Baseball" (estimate $40,000/$60,000) set a record for any baseball document selling for $310,500.
- 1933 Goudey Gum Collection of 199 cards (estimate $30,000/$50,000) sold for $138,000.
- 1936 Dizzy Dean Jersey sold for $103,500 (almost tripling the previous auction record of $37,000 for a Dizzy Dean jersey, set in July of 2000).
- Henry Chadwick single-signed baseball set a record for a non-Babe Ruth single signed ball at $63,250.
- T202 Hassan Triple Folder complete set (less two cards), sold for more than double the $30,000 PSA SMR "book value" at $63,250.
- 1962 Mars Attacks Artwork to card #25 ("Capturing A Martian") set a record for any non-sport trading card artwork in collecting history, selling for $37,375.
- 1912 Boston Garter Advertising Card of Christy Mathewson set an all-time record for this classic series, selling for $31,625.
- A high-grade Babe Ruth single-signed baseball sold for $31,625.
- The Colgan's Chip advertising sign featuring a portrait of Honus Wagner sold for $23,000.
- Ted Williams's 517th Home Run bat (estimate $10,000/$20,000) sold for a record for $43,125.
- 1855 Daguerrotype Photograph of Alexander Cartwight, "The Father of Baseball," sold for an auction record $20,700.
- 1961 Mickey Mantle Game-Used Bat sold for $21,850.
- The 1889 A35 Goodwin Baseball "Round Album" sold for a record $14,950.
- The 1869 Cincinnati Red Stockings CDV Team Card sold for a record $14,950.
Many other auction records were shattered for pre-1948 baseball cards, nineteenth-century baseball cards and memorabilia, non-sport cards, and Americana. Further information and complete auction results are available online at www.RobertEdwardAuctions.com.
Copies of the special 276-page full-color premium auction catalog are also still available. Catalogs can be ordered for $20 per copy. All catalogue proceeds go directly to charitable concerns. To Order: Send $20 (per copy) Check or Money Order payable to "SmokeFree Educational Services" or "Best Friends Animal Sanctuary." Send checks to: Robert Edward Auctions, PO Box 7256, Watchung, NJ 07069. Checks will be forwarded by Robert Edward Auctions. Robert Edward Auctions is currently assembling their next sale. For further information contact: Robert Edward Auctions, PO Box 7256, Watchung, NJ 07069 or call (908)-226-9900.