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Rare Honus Wagner card sells for record $3.75 million, trails only Mike Trout in MLB cards

The ultra-rare Honus Wagner T-206 card sold for $3.75 million, the fifth most-expensive card of all-time, at a Goldin Auctions sale on Saturday.

It's the second-highest price for a baseball card in auction history, trailing a Mike Trout rookie card that sold for $3.9 million in August. That card eclipsed the previous record of $3.12 million for a 1909 Honus Wagner T-206 card in 2016.

The card sold this weekend, one of the most sought-after cards in history, is a GD2 grade from Professional Sports Authenticator. The listing notes that, "Yes, there are faults, taking the form of spaced, horizontal creases, a small smudge or two, and the expected corner wear, but the item's intangibles are completely unbothered."

It was originally purchased by the consigner's father in the 1960s or '70s for his personal collection. Despite the minor faults, it remains largely intact.

"All of the piece's truly important features remain clear and attractive, and its Sweet Caporal reverse is legible in its dramatic, crimson-printed entirety," Goldin wrote.

Goldin Auctions noted in the listing record-setting prices in collecting are expected to continue with T-206 Honus Wagner cards at the head of the class. One with a PSA grade of VG 3 sold for $3.7 million to real-estate mogul Kurt Rappaport in December. A "lesser Wagner example" sold for $2.5 million at Goldin Auction in February.

Honus Wagner statue in front of PNC Park.

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