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1944 Ty Cobb Three-Page Autograph Letter
Starting Bid - $400.00, Sold For - $1,972.00
Three-page autograph letter, dated June 1, 1944, from Ty Cobb to his financial broker, Otto Sherlitz. In his letter, penned in black ink on three sheets of The Barringer Hotel stationery (Augusta, Georgia), Cobb plans a business meeting and also complains about both the heat and war-time rationing. He writes in part: "Dear Otto: Well I am here in the deep and hot South and I now have about all I can stand of it. I leave tomorrow morning for Atlanta I will be there for two days then for Ft. Riley Kansas there not over three days then home at Menlo Park, Calif, so I should arrive there 9th or 10th of June. I would like to spend only 5 or 6 days at my place in Calif. and then to Lake Tahoe, if this can agree with your plans, then arrange to come anytime to Menlo Park or Palo Alto and advising me I will meet you at train...If you can, bring some food stamps or just meat stamps only in case we might need them but don't think so. Oh! yes steal some gas stamps this is important. I have really done some good here in arranging some business matters, and feel have accomplished a lot...Think of nothing further, looking forward to seeing you soon. Sincerely, Ty Cobb." Both the text and Cobb's signature have been boldly scripted and grade "9/10." The letter is accompanied by its original mailing envelope (6.5 x 3.5 inches), addressed in Cobb's hand, to "Mr. Otto Sherlitz c/o Kidder & Co., Detroit, MI." Kidder Peabody & Co. was a prominent Detroit brokerage firm that was founded in 1865. It's not surprising to find Cobb correspondence relating to financial matters as the famed "Georgia Peach" was an astute businessman and investor. Cobb amassed a fortune during his playing career by shrewdly investing in cotton, General Motors, real estate and, most important, Coca-Cola. At the time of his death, in 1961, Cobb's net worth was estimated at over $11 million. The letter (5.75 x 9.5 inches) has normal mailing folds and is in Excellent condition. The envelope is in Very Good condition. LOAs from James Spence/JSA and Steve Grad, Mike Gutierrez & Zach Rullo/PSA DNA. Reserve $400. Estimate $800/$1,200. SOLD FOR $1,972.00
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