Check Your Shoeboxes Again. Red Stocking Card Worth Over $100,000
photo credit: Orin Optiglot
Next time your at a yard sale or estate sale, look for those old baseball cards. An 1869 Red Stocking B.B. Club of Cincinnati baseball card could fetch over $100,000 at auction. Amazing story of riches found in a box of baseball cards found by Bernice Gallego of Fresno, California. The Fresno Bee has an article about Gallego and how she found the card. This card is so rare that it’s thought to be one of the first baseball cards ever produced and will bring collectors from around the world to bid on this piece of history. I was shocked when I read that she first listed the Red Stocking card on ebay for $10. Can you believe it? She didn’t realize the value until some collectors started emailing with detailed questions about the card. If your thinking this is one lucky lady, she actually won $250,000 on slot machines in Lake Tahoe as well.
What would you do with such a card? Would you try and sell it to the baseball hall of fame or another public institution, or would you sell to the highest bidder? While baseball cards can be an investment, I have yet to hold anything that is worth over a few dollars. It would be great if you could turn baseball cards or any collectible into passive residual income. Any guesses what it will sell for? I’ll keep track of the listing when it goes on ebay.
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Miranda Said:
I can’t believe that baseball cards are still making money
Although they have to be old, rare and in good shape…I’ll keep my eyes open, though.
Posted on January 9th, 2009
Scott Said:
@Miranda Yes, this red stocking card is so rare that it could fetch over $100,000. Makes me want to check yard sales or estate sales this weekend.
Posted on January 9th, 2009