ESPN —
An extensive baseball card collection of over 1,000 cards from Dr. Thomas Newman that includes a rare 1933 Babe Ruth card will go to auction on June 12 through Memory Lane Inc.
The 1933 Goudey Babe Ruth card has a PSA grade of Mint 9, the only card of that version on record with a grade that high. Given its rarity and the boom in the collecting hobby, Memory Lane CEO J.P. Cohen believes the card could fetch close to $5 million and the entire lot could eclipse $20 million.
“I’ve been doing this for over 20 years, and we have handled some amazing collections, a lot of Honus Wagner cards and a lot of big dollar collections,” Cohen said. “By far, this is one of the bigger ones we’ve handled. From a single auction standpoint, this will be our biggest auction we’ve ever put on.”
