Skip to main content

Posts

Showing posts from April, 2013

Owner of rare baseball card unfazed about worth

Great article in the Arizona Republic today worth sharing!  Take a look.

Auction chief says it was altered Arizona Diamondbacks' owner Ken Kendrick holds up his 1909 Honus Wagner baseball card, which he purchased in 2007 for $2.8 million. Ken Kendrick, owner of the Arizona Diamondbacks, says his 1909 Honus Wagner baseball card, one of the rarest pieces of sports memorabilia in the world, hasn’t lost its multimillion-dollar value despite an admission in court that the card had been altered before Kendrick’s 2007 purchase.

Former Illinois-based auction-house owner Bill Mastro admitted in federal court Tuesday in Chicago that he made cuts to the border of the card decades ago.

The alteration raises questions about the value of the card, although sports-memorabilia experts have long suspected it had been altered.

Kendrick, who purchased the card for $2.8 million, said he doesn’t believe its value will diminish, saying the card is an iconic part of the nation’s …