1909-1911 T206 White Border Near-Complete PSA-Graded Set: #7 PSA Registry (520 of 524 cards)

Sold For: $176,250

Auction Year: 2009 spring

Lot: 4

Item Year: 1909

Category: Prewar Baseball Cards (1900-1941)

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Presented is the seventh highest-graded T206 set on the PSA registry (listed as "The Dallas Collection"), a total of 520 cards, offered as a single lot. The completion of any T206 set is an extraordinary achievement. The completion of a set in such spectacular and desirable high grade, and great consistency, as presented here, represents one of the most incredible card-collecting achievements possible. This is a remarkable high-grade complete set. The entire set (missing only the "Big 4") is graded and encapsulated by PSA. The grade point average is 5.65. The set includes four PSA NM-MT 8, seventy-one PSA NM 7, 277 PSA EX-MT 6, 163 PSA EX 5, four PSA VG-EX 4 (including Demmitt, St. Louis), and one PSA PR-FR 1 (O'Hara, St. Louis). The 1909-1911 T206 "White Borders" set is universally regarded as the single most important and popular baseball card set of the 1910 era. Of the complete sets ever assembled, this is the seventh finest complete set on the PSA Registry, a fact that speaks volumes and communicates more than we could ever say in words. Of special note with reference to value is the fact that T206s graded NM-MT 8 and MINT 9 by PSA often sell for many times the SMR list price, and in many cases for thousands of dollars each. The offered set is comprised not of PSA 8s and PSA 9s, but is almost exclusively comprised of cards in grades which we define as representing the "sweet spot" of value for collectors: Near Mint, Ex-Mt, and Ex condition. All but six cards (514 of the 520 cards in the set) range in grade from PSA NM-MT 8 to PSA EX 5. Of the seventy-four Hall of Famers, eight are graded PSA NM 7, thirty-five are PSA EX-MT 6, and thirty are PSA EX 5, and one is PSA VG-EX 4. The remarkable consistency of condition is a subtle but very significant positive attribute of the set. This set was not put together indiscriminately; this set was very carefully assembled card by card, with an eye for quality and value, and with the intention of assembling one of the finest T206 sets in the world.

The individual grades for the entire set can easily be accessed online on the PSA Registry under "The Dallas Collection." For convenience, we are also providing here the grades of all seventy-four Hall of Famers and additional key cards: PSA grading composite: 4 cards are graded PSA NM-MT 8: Bradley (port.), Jackson, Pastorius, and Stovall (port.). 71 cards are graded PSA NM 7: including Beckley, Chance (yellow), Chase (blue), Chase (white cap), J. Collins (Minn.), Evers (Cubs), Griffith (port.), Lajoie (throwing), Wheat, and Young (bare hand, Sovereign back). 277 cards are graded PSA EX-MT 6 : including Bender (trees, Cycle back), Bresnahan (port., Old Mill back), Bresnahan (bat), G. Browne (Wash.), Brown (Chicago), Brown (Cubs), Chance (batting), Chase (black cap), Chesbro, Clarke (port.), Cobb (red), Duffy (El Principe De Gales back), Evers (port.), Evers (Chicago), Flick, Griffith (bat), Huggins (port.), Jennings (one hand), Jennings (both hands), Jennings (port.), Johnson (hands at chest), Joss (hands at chest), Kleinow (Bos., Polar Bear back), Lajoie (port.), Mathewson (dark cap), McGinnity, McGraw (glove), Speaker (American Beauty back), Tinker (bat on), Tinker (hands on knees), Waddell (port.), Waddell (throwing), Wallace, Walsh, Willis (throw), Willis (bat), Young (glove shows), and Young (port., Sovereign back). 163 cards are graded PSA EX 5: including Baker, Bender (no trees), Bender (port., Sovereign back), Brown (port.), Chance (red), Chase (holding trophy, Sovereign back), Chase (pink), Cicotte (Black Sox), Clarke (bat, Hindu back), Cobb (bat off, Old Mill back), Cobb (bat on), Collins (Phila.), Crawford (throwing), Crawford (bat), Dahlen (Bklyn), G. Davis, Elberfeld (Wash., port.), Gandil (Black Sox), Huggins (hands at mouth), Johnson (port.), Joss (port.), Keeler (port.), Keeler (bat), Kelley, Lajoie (bat), Lundgren (Chicago), Marquard (hands at thighs), Marquard (follow thru), Marquard (port.), Mathewson (port.), Mathewson (white cap), McGraw (finger in air), McGraw (no cap), McGraw (cap), Smith (Chi. and Bos.), Tinker (bat off), Tinker (port.), and Willis (Pitt.) . 4 cards are graded PSA VG-EX 4: including Cobb (green) and Demmitt (St. Louis) . 1 card is graded PR-FR 1 : O'Hara (St. Louis).

One of the striking qualities of this set is that it is so carefully assembled, with an eye for centering and the overall visual appeal for each card. There are no weak cards. And as anyone who has collected PSA-graded T206s can attest, cards which are graded EX often appear to be EX-MT, cards which are graded EX-MT can often appear to be NM, and cards which are graded NM can often appear to be NM-MT. That is certainly the case here, as each card was added to this set not because of its PSA numerical grade, but because of its merit and visual appeal. This set was not just assembled with a discerning eye; it was assembled with an appreciation for value. A T206 set of this quality can be looked at by any buyer as an investment commodity that comes with a built-in "insurance policy." It can always be broken up, and depending on what it sells for, a buyer might actually be rewarded for doing so. A great deal of time and effort over a period of years has gone into the assembly of this set. This is an extraordinary collecting opportunity. The SMR lists T206s at far more modest values than we usually see in the marketplace. Common cards in PSA EX 5 are listed at $130; common cards in PSA EX-MT 6 list for $190; and common cards in PSA NM 7 list for $375. Hall of Famers in most cases have a similarly low list price. At these modest levels, the SMR value of the set (not including the rare O'Hara variation) exceeds $150,000. We realize that potentially few collectors can seriously consider buying a complete set of this caliber, but for those who can consider such a commitment, this set represents a remarkable and unique opportunity. Total 520 cards . Reserve $50,000. Estimate $100,000 +. SOLD FOR $176,250

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