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Teddy Roosevelt Historic Pistol Sells for $910K

Teddy Roosevelt Historic Pistol Sells for $910K


By Rock Island Auction
Jan. 5, 2022

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This revolver is one of the most iconic Smith & Wesson firearms in existence and is factory documented as shipped to one of the most beloved and influential men in American history: Colonel Theodore Roosevelt.

The included factory letter confirms this New Model No. 3 was shipped to “Colonel Roosevelt” on May 12, 1898, the same day Roosevelt left for San Antonio, Texas, and the same day as the bombardment of San Juan during the Spanish-American War.

On May 6th, Roosevelt had been officially sworn in as a lieutenant colonel in the 1st U.S. Volunteer Cavalry. He was previously expected to be in San Antonio around the 10th but was delayed, so the revolver was likely Texas shipped and was intended to be Roosevelt’s personal sidearm for the campaign in Cuba. On July 1, 1898,

Theodore Roosevelt famously led the Rough Riders in their charge up Kettle Hill during the Battle of San Juan Hill. The event became one of the most famous events in Roosevelt’s life and helped propel him to the governorship of New York, then the vice presidency, and ultimately the presidency in short order. He has remained one of the most iconic statesmen in our nation’s history, seen as the physical embodiment of American masculine values at the turn of the century, and was a highly influential leader during a significant transitional period in American history on many fronts.

For firearms collectors, veterans, and sportsmen, he is often remembered for his collection of beautiful firearms like this Smith & Wesson, his tough stance against foreign adversaries, his courage in combat, the sacrifice he and his family made for the country, his epic hunts both in the U.S. and abroad, his conservation of more than 230 million acres of public land for all Americans, the establishment of the Boone & Crockett Club and the American Bison Society, and so much more.

For historians, we can proudly call him one of our own; he published numerous books in his lifetime, including “History of the Naval War of 1812,” “The Rough Riders,”and the multi-volume “The Winning of the West.” He is the only American to be awarded both the Nobel Peace Prize (1906) and the Medal of Honor (2001).

There is something about Roosevelt for every American to admire. His contributions to this country are simply too immense to compile here. Roosevelt had many firearms, and they were often highly personalized special order pieces that fit his specific tastes and needs.

Description:

This revolver is chambered in .38 Long Colt, the standard U.S. service cartridge of the period. This caliber is very rare in the New Model No. 3 but makes perfect sense as a choice for Roosevelt as he was heading off to fight in the Spanish-American War. The factory engraving by the Youngs is also fitting given Roosevelt’s other engraved firearms. The embellishment is elegant and fairly understated rather than flashy, again fitting for an officer headed off to war. It consists of flourishes of scroll engraving with beaded backgrounds on the barrel, cylinder, and frame. The revolver has a pinned rounded blade front sight, notch rear sight on the barrel latch, “+SMITH & WESSON SPRINGFIELD, MASS. U.S.A.+” on top of the rib, Matching serial numbers are on the barrel, latch, cylinder, butt, and inside of the right grip. An early 20th century Rock Island Arsenal brown leather holster for a Colt double action service revolver with an “E.H.S.” inspector mark below the arsenal marking on the flap and “US” embossed on the body is included. These holsters were designed for the Colt Model 1892 and subsequent double action revolvers. A Model 1892 recovered from the USS Maine was famously carried by Roosevelt in the Battle of San Juan Hill. This iconic revolver won silver medal 352 for the Ten Best Arms Award at the NRA Annual Meeting in 1996 (medal and plaque included). It was on loan to the NRA National Firearms Museum c. 1998-2013 and then the National Sporting Arms Museum from 2013-2022.

The revolver has been featured in multiple publications. It has been featured in multiple editions of the “Standard Catalog of Smith & Wesson” by Jim Supica and Richard Nahas, including on the cover in 1996; in “Smith & Wesson Engraving” by Michael Kennelly on page 10; on page 277 of “Theodore Roosevelt: Outdoorsman” by R.L. Wilson; on page 4 of “Theodore Roosevelt: Hunter-Conservationist” by R.L. Wilson and discussed on page 111; in “Firearms, Freedom, and the American Experience Guidebook to the NRA Museum;” “Guns of the NRA National Sporting Arms Museum” by Supica, Wicklund, and Schreier on page 90 which notes “Roosevelt received this factory engraved revolver in May of 1898 just as he left New York for San Antonio to train the Rough Riders. It is one of only a handful of this model chambered for the then new .38 U.S. Service cartridge. It is believed he intended to take this revolver to Cuba in the Spanish American War.”; page 140 of “The Illustrated History of Firearms from the NRA Museums Second Edition” by Supica, Wicklund, and Schreier; and “The Colonel Roosevelt Smith & Wesson New Model Number Three Serial Number 32661” by Jim Supica in “The Texas Gun Collector” Spring 1998 issue. It was also featured for the month of September on Smith & Wesson’s 1995 calendar, the First Freedom NRA membership magazine centerfold in Feb. 2009 and on television on Ozarks Watch and CSPAN coverage of presidential firearms.

Provenance:
Also included are affidavits from Albert Brichaux and Jeffrey Allen Faintich stating that the revolver was sold by them to Jim Supica and guaranteeing that the revolver was originally shipped to Theodore Roosevelt. The statement by Faintich also states that Mike Berkshire of Palm Beach, Florida, “reported buying the revolver from the descendants of the bodyguard or valet of President Theodore Roosevelt, who had represented to Mr. Berkshire that the revolver had been a present from Pres. Roosevelt to their ancestor.” The revolver was then subsequently confirmed via a factory letter as having been shipped to Colonel Roosevelt. Berkshire sold the revolver in 1990. It was then briefly owned by Brichaux before being returned to Faintich to be sold to Supica.

History:
teddy roosevelt pistol vertExactly where the revolver went after being shipped to Roosevelt is not clear aside from the fact that it later turned up in the possession of the family of a bodyguard/valet of Roosevelt who indicates Roosevelt had given the revolver to their ancestor. As explained in the provenance section above, this attribution was subsequently solidified when factory records confirmed the revolver was shipped to “Colonel Roosevelt.” What we do know is that in May of 1898, Roosevelt was in Texas preparing the Rough Riders to go to war. He was an early proponent of U.S. intervention in Cuba and of driving the Spanish Empire out of the Western Hemisphere considering U.S. involvement to be both advantageous to the country and also the honorable and just course of action. At the time, he was serving as Assistant Secretary of the Navy, but he desired to have direct involvement in the war and resigned to serve as an lieutenant colonel in the First U.S. Volunteer Cavalry, the soon to be famous “Rough Riders.” The unit was formed of men from many walks of life from both the East and West, but the recruits from the Southwest and Indian Territory gained a lot of attention and made up the bulk of the unit.

There were also New York policemen who had previously served under Roosevelt when he was the New York City Police commissioner and men from high society in the East. Some had fought in foreign wars in the service of other countries. American newspapers widely reported the affairs of “Teddy” Roosevelt and his “Rough Riders,” including Roosevelt’s planned arrival in San Antonio, Texas, around May 10th prior the revolver being shipped and then subsequent confirmation that he left on May 12th. His diary entry for the 12th reads, “Made for San Antonio,” and the entry for the 15th reads, “Reach camp at San Antonio.” While he never liked the “Teddy” nickname, he embraced the “Rough Riders” tag for his diverse troopers. He arrived in San Antonio on the 15th. After training in Texas, they departed to Tampa, Florida, at the end of May. Four of the companies stayed behind due to inadequate transports and some of the men died of malaria and yellow fever, but the rest arrived in Cuba on June 23, 1898. Many of their horses and mules had also been left behind, so the Rough Riders were forced to fight as infantry rather than cavalry. They fought in the Battle of Las Guasimas on June 24th and helped force the Spaniards to retreat. Soon, their most famous moment was upon them: the Battle of San Juan Hill. On July 1, the Spanish troops were heavily outnumbered, but they held the high ground, and the Americans were forced to charge exposed uphill to force them out. Roosevelt, the Rough Riders, the 3rd U.S. Cavalry, and the Buffalo Soldiers of the 10th U.S. Cavalry assaulted Kettle Hill on the right of the battlefield supported by suppressing fire from Gatling guns. They charged up the hill taking losses from both Spanish fire and the heat. The 10th Cavalry were the first to reach the top. Roosevelt moved to support the troops on San Juan Hill and then was ordered back to defend Kettle Hill which was soon counterattacked by the Spanish. The Gatling guns again proved significant in stopping the Spanish attack. Before the battle was over, 200 Americans were killed. Another 1,000 were wounded.

Though the various units had fought admirably together to take both Kettle Hill and San Juan Hill, the Rough Riders and Colonel Roosevelt received much of the attention along with the now famous Buffalo Soldiers. Roosevelt was posthumously awarded the Medal of Honor in 2001 for his actions. He preferred to be called Colonel Roosevelt after the war. He returned home to New York and then ran for governor as a Republican in 1898 and won, placing him at the head of the most populous state in the country at the time, but he soon jumped back to the national stage as vice president under President McKinley and then was propelled to the presidency when McKinley was assassinated at the Pan-American Exposition in Buffalo, New York. Thus, he went from a relative outsider to the leader of the Republican Party and the country.

As president, he was both popular and controversial. His dinner with Booker T. Washington at the White House marked the first time an African-American had been openly an equal guest at the White House and was met with serious hostility in the Democratic controlled South. He quickly earned a reputation as a progressive leader. Roosevelt established himself as a serious regulator of big business breaking up trusts and negotiating for better prices and pay, fighting corruption in government agencies, passing laws to ensure safer food and medicine, and conserving over 1/4 of a billion acres in National Parks, National Monuments, and National Forests and reserves preventing them from being destroyed and preserving the land for future generations, establishing himself as one of the foremost conservationists in American history.

After leaving the White House, Roosevelt and his son Kermit participated in the Smithsonian-Roosevelt African Expedition which is recorded in his book “African Game Trails.” During the expedition, they killed over 11,000 animals, including 512 big game animals, for preservation and scientific study back in the U.S. He then toured Europe. When he returned to the U.S., he clashed with President William H. Taft, his longtime friend and hand-picked successor, when Taft broke from Roosevelt’s progressive policies, particularly on conservation. The growing schism within the Republican Party led to Roosevelt running as the presidential candidate of the newly found Progressive Party in 1912. During the campaign, Roosevelt was shot in Milwaukee, Wisconsin. Despite being shot in the chest, Roosevelt went on to give his 90 minute speech, living up to his manly reputation after opening his speech with: “Ladies and gentlemen, I don’t know whether you fully understand that I have just been shot, but it takes more than that to kill a Bull Moose.” During his recovery, he noted “I’m fit as a bull moose.” Together these statements led to the Progressive Party being nicknamed the Bull Moose Party.

It was around the time of the assassination attempt that another revolver for Roosevelt was ordered. That Colt Single Action Army subsequently sold for $1,466,250 at Rock Island Auction Company on December 5, 2020. The split between the Republicans and the Progressives essentially threw the election to Woodrow Wilson and the Democrats. After his defeat, Roosevelt traveled to South America where he participated in the dangerous “River of Doubt” expedition aka the Roosevelt-Rondon Scientific Expedition. He planned to bring back examples of various animals for scientific study at the Smithsonian, but the expedition went poorly. Their boats were overturned losing supplies and their scientific specimens. Three members of the expedition died and nearly everyone contracted malaria. Roosevelt himself at one point asked to be left behind for dead as he languished from an infected wound on his leg as well as malaria, but Kermit would not leave his father behind. Though he made it back to New York, he never fully recovered his trademark vigor. Nonetheless, when World War I broke out, Roosevelt was authorized to raise volunteers but was stopped by President Wilson. His son Quentin served as a pilot and was shot down and killed.

Theodore Roosevelt died on January 5, 1919. Roosevelt’s last words were to his former bodyguard/valet, James E. Amos. He asked James to turn out the light and then died in his sleep. Vice President Thomas R. Marshall famously remarked, “Death had to take Roosevelt sleeping, for if he had been awake, there would have been a fight.” Unfortunately the identity of the specific bodyguard/valet that received this revolver was not recorded in the provenance documentation. Amos seems a very likely candidate and is known to have had one of Roosevelt’s revolvers in his possession after T.R.’s death. Amos was an African-American and began working for Roosevelt when he was president and was his valet for over a decade. His father was born into slavery and fought with the U.S. Colored Troops during the Civil War and was a Washington, D.C., police officer when he met Roosevelt while he was riding his horse. James was initially hired to help care for Roosevelt’s children but quickly moved up, including taking care of Sagamore Hill, and as valet/bodyguard during his presidency and became a close friend of the president and his family. He later worked as a private detective as well as for the U.S. Customs and the Interior Department, but remained in contact with the former president and returned to work for him. The Theodore Roosevelt Center noted Roosevelt called Amos “the best shot that I have ever seen” and indicated he “offered advice on Roosevelt’s gun collection and purchased and tested all of his firearms.” Amos was not with Roosevelt during the assassination attempt, but he was with him while he was recovering and helped nurse him back into health. The family called him to be at Roosevelt’s side during his final hours. Amos later wrote about his time with Roosevelt in “Theodore Roosevelt: Hero to His Valet” and went on to be one of the first and longest serving African American FBI agents, serving from 1921-1953. When Amos died, he left behind a variety of Roosevelt’s hunting trophies and other memorabilia to the Theodore Roosevelt Museum House. One page 151 of his book, Amos wrote, “While President he often went armed. I have in my home now a large revolver which Mr. Roosevelt placed at the side of his bed every night while in the White House. It was given me by Mrs. Roosevelt after his death.” Thus, this revolver very well could have been Roosevelt’s bed stand gun and have been given to Amos. Bedside use would certainly help explain how this revolver has remained in such extraordinary condition. Provenance: The Mike Berkshire Collection; The Jeffrey Faintich Collection; The Albert Brichaux Collection; The Supica Collection

Rating Definition:
Exceptionally fine. The revolver retains 85% plus of the original blue finish and has 80% bright original case colors visible on the hammer and slightly more subdued original case colors on the trigger guard. Wear is mostly limited to the muzzle, cylinder, and back strap where the revolver displays smooth gray and brown patina. The engraving and markings remain exceptionally crisp. The grips are very fine and have crisp checkering, attractive figure, and minimal minor handling and storage marks. Mechanically excellent. The holster is very good with mild wear. This incredible historic revolver is firmly documented by the factory as shipped to “Colonel Roosevelt” at the beginning of the Spanish-American War and, as such, is in a very exclusive class of presidential firearms. It has been on display in two of the most prestigious American firearms museums for many years and has been featured in multiple publications. Theodore Roosevelt remains one of the most admired presidents in American history, particularly to sportsmen and gun collectors, and thus this revolver is a true national treasure and will no doubt hold tremendous value for many years to come.
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Couple Leaves $2M Classic Car Collection to University

Couple Leaves $2M Classic Car Collection to University


By Daniella Genovese

Fox Business
Dec. 5, 2022

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Michael and Dianne Morey are donating 35 vehicles from their automotive collection to Northwood University. (Northwood University)

A classic car collection valued at more than $2 million that is housed in a garage in Michigan is about to find a new home.

All 35 cars, owned by Bandit Industries Inc. founder Mike Morey and his wife, Dianne, will be auctioned off next year to help fund scholarships at Northwood University.

After years of treasuring and taking care of the prized collection, Mike decided that at 76 years old, it was time to give it away to a cause they both believed in.

“Dianne and I have been lucky enough to make a lot of money over the years owning our own business, and I thought that this would be the time to do something good for the college next door to us,” he told FOX Business.

Northwood University, a private institution in Midland whose mission is to develop free-enterprise leaders, is roughly 27 miles from the Moreys’ home.

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Michael and Dianne Morey are donating 35 vehicles from their automotive collection to Northwood University. (Northwood University)

The school, founded in 1959, typically offers more than 1,000 scholarships every year to ease the financial burden of college education. However, most of them are not full rides. The school has a total enrollment of 3,277. 

The extra funds from the cars, which are slated to be auctioned off in January, will help fund more scholarships for new and returning students, according to Norwood University President Kent MacDonald. 

“We will reinvest those dollars back into Northwood, in particular, scholarships,” MacDonald told FOX Business. “As a private university… we want to continue to make sure we’re affordable for young people to attend.” 

MacDonald said he got the call about the Moreys’ donation this summer.

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Michael and Dianne Morey are donating 35 vehicles from their automotive collection to Northwood University. (Northwood University)

Mike’s passion for cars began when he was 16, but he admitted that at the time he could never afford the cars that he would later collect.  

“If you were broke like I always was, you couldn’t have the cars that I collected,” he said. 

His dream started to become more of a reality after starting his construction equipment supplier company in the 1980s. In 1983, Morey invested in a small workshop where he and six other employees built a wood chipper that they believed would be better than any other model on the market. 

The success of the Model 100 Brush Bandit, a 12-inch capacity disc-style chipper, is what helped the Moreys develop Bandit Industries in 1987. 

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Michael and Dianne Morey are donating 35 vehicles from their automotive collection to Northwood University. (Northwood University)

The financial success of the company helped Mike buy his first car, a ’57 Chevy convertible, for around $80,000 more than two decades ago, he said. 

However, it was the first of what would later become a large collection including a 1932 Ford Roadster street rod, 1932 Ford Hi-Boy convertible, 1937 Chevrolet pickup, 1956 Chevrolet Bel Air, 1958 Chevrolet Impala and a 1970 Dodge Challenger R/T. 

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Michael and Dianne Morey are donating 35 vehicles from their automotive collection to Northwood University. (Northwood University)

The funds from auctioning off the cars next month will mark one of the largest gifts to the university, “which means it’s going to be one of the most impactful ones for our students,” MacDonald said. 

All but one of the vehicles will be auctioned off. A 1958 Chevrolet Corvette will be displayed on campus to honor the couple.

“Over the years, it’s [Northwood] really become the country’s premier provider of talent to the automotive and aftermarket industries,” he said. 

Today, Bandit Industries operates a network of more than 180 dealer locations around the world and is entirely employee-run. 

In 2018, after rejecting offers from private firms, the Moreys announced they would sell their company to their employees as part of an employee stock ownership plan. Currently, the company has more than 700 employees.

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Aaron Judge’s 62nd Home Run Ball Going to Auction

Aaron Judge’s 62nd Home Run Ball Going to Auction


By David Waldstein

New York Times
Nov. 17, 2022

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Late in the summer, while Aaron Judge was swatting balls over fences and closing in on his historic 62nd home run of the season, a parallel fascination centered on the potential value of the record-setting ball.

That value will soon be known because the fan from Texas who caught the ball is putting it up for auction, and he wants to set a record, too. Ken Goldin, the auctioneer in charge of selling the ball on behalf of Cory Youmans, the lucky spectator, thinks the ball will sell for more than $3 million. Depending on how much more, the sale could set a new benchmark for a game-used baseball.

“The ball has the potential to become the highest-priced baseball ever sold,” Goldin said in a telephone interview. “Three million plus would be my estimate.”

The current record was set with the auction of the ball from Mark McGwire’s 70th home run in the 1998 season, which went for $3.05 million in 1999. McGwire, who played for the St. Louis Cardinals in the National League, later admitted to using steroids.

Judge, the Yankees outfielder, is currently testing free agency for the first time in his career and won the American League Most Valuable Player Award on Thursday. He set the A.L.’s single-season record when he clubbed his 62nd homer of the year against Jesús Tinoco of the Texas Rangers on Oct. 4 at Globe Life Field in Arlington, Texas, which pushed him past Roger Maris, who hit 61 for the Yankees in 1961.

The ball sailed over the left-field wall and was caught on the fly by Youmans, who is from Dallas and is said to work for Fisher Investments. Youmans, who stood in the first row, snared the ball in his baseball glove and was then escorted by security guards to the bowels of the stadium, where the ball was checked for its secret markings and authenticated by M.L.B. officials.

Youmans later approached Goldin Co. to handle the sale. The ball, which has been resting in a safe deposit box, was taken by armed guard to Goldin’s headquarters outside Philadelphia this week, and the online preauction process began on Thursday.

“It would not surprise me if the winning bidder either purchased it on behalf of Aaron Judge or possibly donates it to the Hall of Fame,” Goldin said. “I definitely think it’s one of those items that would garner that type of interest.”

The auction house will be paid a 20 percent buyer’s premium, which will be added to the highest bid. The bidding is scheduled to end Dec. 17. According to Goldin, Youmans’s contract with his employer prohibits him from speaking publicly.

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Tom Ruggie Speaks at Investment News RIA Summit  

Tom Ruggie, ChFC®, CFP® Speaks at Investment News RIA Summit

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Tom was invited to join other national thought leaders and change-makers in a panel discussion of “Fee-Based Everything”. In this live event, held November 7-8, 2022 in Boston, they discussed why there are now more options than ever, including alternative investments, for RIAs looking to deliver best-in-class solutions for clients. Tom has written an article about the prominence of alternative investments, recently published on Forbes.com

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Michael Jordan’s Game-Worn ‘Last Dance’ Finals Jersey Just Sold for a Record $10.1 Million

Michael Jordan’s Game-Worn ‘Last Dance’ Finals Jersey Just Sold for a Record $10.1 Million

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It’s now the most valuable piece of Jordan memorabilia ever sold.

By RACHEL CORMACK

Michael Jordan just set three new world records without even hitting the court.

The GOAT’s “Last Dance” jersey from the opening game of the 1998 NBA Finals hammered down for a hefty $10.1 million at the single-lot Invictus sale at Sotheby’s on Thursday. It is now the most expensive piece of game-worn sports memorabilia in history, eclipsing Diego Maradona’s “Hand of God” jersey that sold for $9.3 million earlier this year.

One of just two of Jordan’s Finals jerseys to ever appear at auction, the rarity fetched a total of 20 bids and shattered its original high estimate of $5 million. It set a new record for a 
basketball jersey at auction, comfortably surpassing Kobe Bryant‘s autographed Lakers jersey that realized $3.7 million back in May. It’s also now the priciest piece of Jordan sports memorabilia, ahead of the player’s autographed relic card from 1997 to 1998 that sold for $2.7 million.

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“In the weeks since we announced the auction, there’s been palpable excitement from not only sports fans, but collectors alike who are eager to own a rarified piece of history,” Brahm Wachter, Sotheby’s head of streetwear and modern collectibles, said in a statement. “Yet again, today’s record-breaking result, with an astounding 20 bids, solidifies Michael Jordan as the undisputed GOAT, proving his name and incomparable legacy is just as relevant as it was nearly 25 years ago.”

The Chicago Bulls jersey was donned by Jordan during what is considered the most celebrated period of his storied career. The famed 1997-1998 season, which is often referred to as “The Last Dance” after the hit 2020 ESPN/Netflix documentary of the same name, saw Jordan reach the height of his abilities in what he understood to be his last chance at an NBA championship with the Bulls. Jordan scored a total of 33 points in this iconic red “away” shirt in the first game of the ‘98 NBA Finals. He would go on to win his sixth NBA championship with the Bulls and land his sixth NBA Finals MVP award. The season helped the superstar cement his legacy as the greatest basketball player of all time.

Sotheby’s second Invictus sale is currently underway online, with 16 pieces of prized sports memorabilia up for grabs.

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Mickey Mantle Baseball Card Sells for Record $12.6 Million at Auction

A Mickey Mantle Baseball Card Sells for Record $12.6 Million at Auction

A mint condition Mickey Mantle baseball card has sold for $12.6 million on Sunday, surpassing the previous record for sports memorabilia.
PHOTO: LM OTERO/ASSOCIATED PRESS

The rare mint condition 1952 Topps card of the Yankees slugger surpasses the previous high for sports memorabilia—$9.3 million for the ‘Hand of God’ jersey

By Ginger Adams Otis Aug 31, 2022

Mickey Mantle just hit another home run. 

A mint condition baseball card of the New York Yankees slugger sold for $12.6 million Sunday—a record price for a piece of sports memorabilia.

The 1952 Topps baseball card was sold through Heritage Auctions by Anthony Giordano, a waste management businessman from New Jersey. He had bought the card at a sports memorabilia show in New York City in 1991 for $50,000.

Mr. Giordano, 75 years old, stopped watching the online auction Saturday night when the price hit $10 million, he told the Associated Press. His sons stayed awake and gave him the final price in the morning, he said.

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A Rare Honus Wagner T-206 baseball card. PHOTO: JEFF ROBERSON/ASSOCIATED PRESS

The closing bid of $12.6 million went to an anonymous buyer. It eclipsed the sports memorabilia record set in May, when someone paid $9.3 million for the jersey worn by Argentine soccer star Diego Maradona as he scored his controversial “Hand of God” goal in the 1986 World Cup. 

Earlier this month, a rare, authenticated Honus Wagner T-206 baseball card changed hands for $7.25 million in a private sale. It was the most expensive trading card sold until the Mantle auction on Sunday.

The previous record was set in April 2021 by another Wagner T-206 card, which sold for $6.6 million. 

The 1952 Mantle card sold by Mr. Giordano is just one of a handful of the Hall of Famer still in existence and in near-perfect condition. 

Its backstory is also legendary within the sports collector world

In 1951, Mr. Mantle was a rookie from Oklahoma trying to make it in the Major Leagues with the New York Yankees. He was injured while chasing a fly ball in the World Series that year. 

But the next season, 1952, he returned to the Yankees as starting center fielder, replacing another Yankee great, Joe DiMaggio. Mr. Mantle became a fan favorite, batting .311 with 23 home runs and 94 runs scored. 

Top 10 highest prices paid for sports cards

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Topps baseball cards began a print run for a Mickey Mantle baseball card, but most of those marked number 311 arrived too late for the 1952 season, according to a history of the item from Heritage Auctions. 

The unsold stock was eventually destroyed by Topps. As time passed and Mr. Mantle’s fame grew, demand for his baseball cards exploded. Collectors placed a premium on the extremely rare 1952 version marked number 311. 

The discovery of the card sold Sunday goes to a pioneer in the sports memorabilia industry, a man named Alan Rosen, who marketed himself as “Mr. Mint.” 

Mr. Rosen was contacted in the late 1980s by a man in Boston who claimed his father had been a delivery driver for Topps and had kept a case of baseball cards that were meant to be destroyed, Heritage Auctions said. 

He drove to Boston and struck a deal for the memorabilia, known to collectors as the “Rosen Find.” It included multiple number 311 Mickey Mantle cards, one of which Mr. Rosen sold in 1991 to Mr. Giordano. 

Mr. Mantle played his entire 18-year career with the Yankees and was inducted into the Baseball Hall of Fame in 1974. He was named Most Valuable Player three times and won the American League Triple Crown in 1956. In his first eight seasons in New York, the Yankees won seven AL pennants and five World Series titles, according to the Hall of Fame. 

He retired just before the 1969 season with 536 home runs and a career .298 batting average. In all, he helped the Yankees win seven World Series titles. The Hall of Famer died in 1995 at 63 years old. 

A new crop of entrepreneurs is betting big that trading cards are no longer just hobbyists’ collectibles, they’re serious investment assets. In this episode of Niche Markets, WSJ speaks with entrepreneurs who have found success in the booming trading market. Photo Illustration: Alexander Hotz/WSJ

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The Increasing Prominence of Alternative Investments

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Tom Ruggie Co-Hosts National Collectors’ Program

Tom Ruggie Co-Hosts National Collectors' Program

Discussion covers collecting as a passion and investment

 
Tom Ruggie, ChFC®, CFP® was the guest host, recently, on the GR8 American Collectibles Show, presented by Professional Sports Authenticator (PSA) and the National Sports Collectors Convention. The program airs Wednesdays at 6 p.m. EST on www.PSAcard.com, and can be seen or heard nationally on Pandora, I Heart Radio, YouTube, from the PSA Facebook page, Boston-area radio stations and more. Tom was interviewed for about 40 minutes about his deep passion for sports and sports collectibles, about collecting as an investment, and about what collectors need to know to prepare and protect their families if they are making their collection a part of their estate plans. The interview followed a six-page article in the July 2022 issue of PSA Magazine, titled The Autograph Archivist, highlighting Tom’s collection and expertise in helping like-minded high-end collectors with their financial needs, and his article on Forbes.com, titled Deconstructing A Collection: Preparing Your Family To Handle Your Investment Down The Road.
 
For this episode radio personality, author, and entrepreneur Tom Zappala (who usually teams up with former Boston Red Sox star Rico Petrocelli), was joined by John Molori, co-author with Tom and Ellen Zappala, of The Cracker Jack Collection: Baseball’s Prized Players. The Zappalas are also co-authors of award-winning books such as The T206 Collection: The Players & Their Stories, the 2016 release, The 100 Greatest Baseball Autographs, and most recently The Diamondbacks Collection: 50 of the Greatest Cards in Sports Collecting History, which details the stories behind cards in the collection of Ken Kendrick, managing general partner of the Arizona Diamondbacks. Molori’s credits include Patriots Football Weekly, Boston Baseball Magazine, SiriusXM, and ESPNW.com.  
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The Autograph Archivist

The Autograph Archivist

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Destiny Family Office Interviewed by HFM Global for COVID-19 Analysis

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Destiny Family Office Founder and CEO Thomas H. Ruggie, ChFC®, CFP® was recently chosen to be interviewed by HFM Global for an article on what COVID-19 disruptions mean for investors’ operations and investments, and what strategies they’re eyeing.

HFM Week’s Sasha Federenko wrote the analysis piece for the publication which provides industry news and insights to the global hedge fund community. The publication features information on fund launches, research, investor updates, and informed industry analysis. 

The article pursued insights into what strategies investors are eyeing, what they’re looking to allocate now and what they’re holding off on. 

“COVID-19 has fast-tracked what I thought the future of investment will look like. The pandemic has accelerated the arrival of the future investment landscape, creating new winners and losers,” said Ruggie, who in 2021 was named to Barron’s Top 1200 Advisors for the ninth time and to the 2021 Forbes Best-In-State Wealth Advisors’ list which spotlights the top-performing advisors across the country.

“We’re eyeing long/short equity hedge funds to complement some of our clients’ portfolios with diversifiers. I don’t want to use only a small handful of managers. I’m looking for a proven track record as a stock picker to perform in good and bad markets. We’ve entered an era when stock pickers are going to outperform indexes,” Said Ruggie. “We have started significantly changing our view of what investments need to look like going forward.“ 

As one of the flagship company of independent RIA Destiny Wealth Partners, Destiny Family Office offers a broad range of services and products to help clients pursue their financial goals. In 2016, Ruggie started Destiny Family Office, building on the nearly 30-year success of Ruggie Wealth Management, to provide sophisticated financial and related concierge services to highly successful individuals and multi-generational high-net-worth clients. 

Destiny Wealth Partners has mapped out a growth strategy to align with a like-minded group of leading financial innovators who share a deep industry knowledge, vast network of specialized services, demonstrated investment strategies and abiding passion for serving clients. In January 2021, KCG Investment Advisory Services, LLC, in Savannah, GA joined the Destiny Wealth Partners brand family.

For more information, visit RuggieWealth.com or call 352-343-2700.

Listing in any publication is not a guarantee of future investment success. These recognitions should not be construed as an endorsement of the advisor by any client. Barron’s rankings are based on factors including assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Forbes rankings are based on quality of practice, telephone and in-person interviews, client retention, industry experience, review of compliance records, firm nominations and quantitative criteria.

Investment advisory services offered through Destiny Wealth Partners, LLC, an SEC Registered Investment Advisor.

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