Wayne Gretzky scores big as Heritage Auctions sells his 1979 rookie card for a record $1.29 million
The First Art Newspaper on the Net    Established in 1996 Sunday, December 22, 2024


Wayne Gretzky scores big as Heritage Auctions sells his 1979 rookie card for a record $1.29 million
1979 O-Pee-Chee Wayne Gretzky #18 Rookie PSA Gem Mint 10.



DALLAS, TX.- Wayne Gretzky has always been The Great One. But early Friday morning he became The Greatest One when the Canadian version of his Edmonton Oilers' rookie card became the first hockey card ever to break the million-dollar mark.

One of only two known 1979 O-Pee-Chee Gretzkys graded Gem Mint 10 by Professional Sports Authenticator sold for $1.29 million during the first session of Heritage Auctions' four-day Fall Sports Collectibles Catalog event. That's almost three times the previous record of $465,000 set four years ago, when there was but one known PSA Gem Mint 10 known to exist. The Gretzky O-Pee-Chee that sold Friday belonged to entrepreneur Patrick Bet-David.

A gem-mint-condition American version of Gretzky's NHL debut card, which set its own record Friday morning, wasn't too far behind. A 1979 Topps Gretzky graded PSA Gem Mint 10 — like its Canadian counterpart, one of only two to receive the perfect score — realized $720,000. Its previous sale record was $201,000.

Gretzky was far from the only star to shine in the sale's first session. Numerous cards throughout the first session exceeded expectations, from those featuring baseball's earliest stars to those bearing the monikers of far more modern heroes.

Chief among them was the green-shaded 1997 Michael Jordan Metal Universe Precious Metal Gems, of which there were just 10 made. Its pre-auction estimate was $500,000. But by session's end that Jordan realized $915,000. That's more than twice the price paid in August when Heritage sold the only known Jordan 1986 Fleer rookie card graded Pristine 10 for $420,000, a world-record price for Jordan's debut.

"Wayne Gretzky and Michael Jordan are the best of the best in their respective sports,” says Chris Ivy, Heritage's Director of Sports Auctions. "And the prices Heritage has achieved for some of their most sought-after cards are emblematic of their standing in the sports collectibles market.

"The simple fact is, when collectors see the opportunity to add an unparalleled piece to their collections, you can throw estimates out the window. That's clear from the pre-auction estimates that were shattered during this session.”

A 1916 M101-4 Sporting News Babe Ruth rookie card certainly called its shot during the first session. This stunner was among other century-old Sporting News cards discovered in a plastic baggie by a Miami artist who wishes to remain anonymous. She had no idea of their value, if any — only to discover that the entire collection was estimated at well more than $250,000.

All by itself, the Ruth card sold in the first session for $360,000.

The 1933 Delong Lou Gehrig No. 7, PSA NM-MT+ 8.5, is the only known example to grade that high, and its pre-sale estimate was $80,000. But by the time extended bidding ended early Friday morning, the gorgeous card — featuring a black-and-white photo of a swinging Iron Horse superimposed over a brightly colored stadium and playing field — realized $264,000.




But it wasn't just vintage baseballers getting in on the action.

To the list of out-performers add a young King James: The 2003-04 SP Authentic LeBron James card signed by the then-rookie Cleveland Cavalier was among the few cards in the sale with a reserve (of $100,000). There were 500 such cards made; this one was numbered 336. Befitting the limited edition and condition — the card and the autograph rate top 10s from Beckett Grading Services — it realized $204,000.

And even younger basketball star fared even better in the event's first session: The 2013-14 Panini Prizm Giannis Antetokounmpo, the one-of-one black card signed by the back-to-back NBA MVP, brought $384,000.

A soccer legend, too, got a kick out of being in such highly coveted company.

In 1958, a Swedish company called Alifabolaget made a card for a 17-year-old member of the Brazilian national team named Pele, who just happened that year to lead his team to World Cup victory over host nation Sweden. Before that win Pele was a relative unknown; soon after, the now-80-year-old became a beloved global superstar.

The Alifabolaget offered in the Fall Sports Collectibles Catalog has long served as an iconic introduction to Pele, but it seldom comes to auction in such spectacular condition; it has been more than two years since Heritage has seen one graded as high as PSA NM-MT+ 8.5. Little wonder, then, that it also outpaced its expectations: The card sold for $132,000, nearly three times its $50,000 estimate.

And on it went as Thursday night turned into Friday morning, and bidders kept aiming high.

The 1973 Topps No. 615 features among its fresh-faced trio of rookie third basemen the Philadelphia Phillies' rising star Mike Schmidt and Los Angeles Dodgers future great Ron Cey. It was a card every young collector hoped to find while cracking wax in the 1970s; it's no less sought-after today. A PSA Gem Mint estimated at $40,000 sold in the first session for 174,000.

In 2016, Heritage sold a 1975 Topps George Brett graded PSA Gem Mint 10 for $38,240. Four years later, the Kansas City Royal is now six-figure royalty: His gem-mint rookie card sold in the event for $117,000 — $3,000 more than was paid for an unopened box of 1979-80 O-Pee-Chee hockey cards with 48 packs teasing the promise of a Gretzky rookie now worth more than $1 million.

"These results are indicative of the extremely strong market combined with the amazing marketing we were able to create around the auction,” Ivy says. "And that has brought hundreds of new and eager bidders into the marketplace.”

Those new bidders will get further swings at the plate Friday-Sunday as the Fall Sports Collectibles event continues here.

Friday's session promises another extraordinary collection of cards – specifically, the 365-lot Midwest Masterpiece Collection, which represents one of the hobby's finest personal assemblies of high-grade rookies and other notable trading cards, with a distinct focus on the greatest figures of 20th century sports including the 1961 Fleer Wilt Chamberlain No. 8 PSA Mint 9; an autographed 2003 Upper Deck Ultimate Collection Lebron James (PSA Gem Mint 10, 208/250); and dozens more best-of-the-bests. The collection also contains another 1979-80 O-Pee-Chee Hockey Wax Box with 48 unopened packs.










Today's News

December 12, 2020

Rehs Galleries nears completion of Julien Dupré (1851 - 1910) catalogue raisonné

Dutch Rijksmuseum announces landmark slavery exhibition

Massimo De Carlo presents a new painting series of faces by Rob Pruitt

A single senator dashes hopes for Latino and women's museums - for now

Virus claims controversial Korean film director Kim Ki-duk

17th-century Spanish paintings on view at Georgia Museum of Art

Kunsthaus Zurich's extension by David Chipperfield is complete

Manifesta announced that the 16th edition of the biennial will take place in Germany's Ruhr Area

Hindman's December Fine Art sales surpass estimates & set new records

Exhibition of works by Frank Auerbach and Tony Bevan opens at Ben Brown Fine Arts

Works by Marie-Louise von Motesiczky prove huge success at auction

Alison Jacques Gallery announces representation of Carol Rhodes

Barbara Windsor, UK star of 'Carry On' films, dies at 83

Keteleer Gallery re-opens with a solo show by John Kørner

Sapar Contemporary opens an exhibition of new works by Marela Zacarías

The Salzburg Festival, reduced this year, roars back in 2021

In pandemic, centuries-old Christmas markets go dark

When a theater critic learned to grade on a curve

HackelBury Fine Art opens an exhibition of works by Taylor Wessing Prize winner Alys Tomlinson

With Paris theaters closed, church is the only show in town

Wayne Gretzky scores big as Heritage Auctions sells his 1979 rookie card for a record $1.29 million

Super rare Pokémon card soars to $50,600 at Weiss Auctions

GNYP Gallery opens an exhibition of works by Aistė Stancikaitė

Leila Heller Gallery presents a retrospective of sculpture by Mia Fonssagrives Solow

How You Can Benefit From Arborist Services

Services Offered By Fayetteville Tree Removal Companies

8 Minimalist Photography Tips for Beginners

Art brings a message of hope and prosperity

Some of the Best Paintings of All Time

Tips to Choose the Best Basketball Shoes

Get the Right Kind of Lawyer to Handle Your Car Accident Suit

5 Tips for Getting Started and Creative with Drone Photography

BEDROOM FURNITURE

HOW TO SPEED UP A WORDPRESS SITE?

Advantages of Gratitude Journal Writing




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
(52 8110667640)

Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Attorneys
Truck Accident Attorneys
Accident Attorneys
Houston Dentist
Abogado de accidentes
สล็อต
สล็อตเว็บตรง
Motorcycle Accident Lawyer

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site Parroquia Natividad del Señor
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful