Is this the face on the most valuable
baseball card in the world?
William Mastro ran what he called the “world’s leading sports and Americana auction house." They held exclusive auctions of items such as a 1869 Cincinnati Red Stockings trophy baseball, locks of hair from Elvis Presley, and a rare Honus Wagner baseball card.
Except the paint on the baseball was not used until after World War 2, a DNA test on the hair said it was very probably not from Elvis, and the baseball card had its edges trimmed to make it seem more valuable.
Combined with various auction irregularities like having shills bid on items to drive up the prices, Mr. Mastro and his associates are in a bit of trouble.
I guess Honus Wagner baseball cards - the most valuable baseball cards ever - have quite a history of fraud. The specific card even has its own book: The Card: Collectors, Con Men, and the True Story of History's Most Desired Baseball Card by Michael O'Keeffe and Teri Thompson.
The card was last sold to hockey player Wayne Gretzsky in 2007 for $2.8 million.
No word on what it's worth today.
- Dealer admits he altered Honus Wagner baseball card, Chicago Sun Times>>
- William Mastro and Two Other Executives of Former Mastro Auctions Indicted for Allegedly Defrauding Bidders in Online and Live Auctions of Sports Memorabilia and Other Collectibles, FBI Chicago>>
- The Card: Collectors, Con Men, and the True Story of History's Most Desired Baseball Card, Amazon>>