Get All Access for $5/mo

This Baseball Card Just Sold for an Insane Amount of Money A Mickey Mantle card from 1952 becomes the most valuable in history.

By Jonathan Small Edited by Jessica Thomas

Oh, Mickey, you're so fine.

A Mickey Mantle baseball card from 1952 just sold at an auction for $12,600,000, making it the most valuable piece of sports memorabilia in the world.

The previous record was held by Diego Maradona's Hand of God jersey from the 1986 World Cup, which a Russian oligarch purchased for a cool $9.3 million. Honus Wagner's baseball card fetched $6.6 million last year, but Mantle's rookie card almost doubled that impressive figure.

Related: Four Tips for Getting Started in a Collectibles Business

"An eight-figure auction result in the sports market was the stuff of fantasy just a decade ago," says Chris Ivy, director of sports auctions at Heritage in Dallas.

But that fantasy became a reality over the weekend. Why the recent surge? For starters, the Mickey Mantle card is in impeccable condition — it was graded Mint+ 9.5. by Sportscard Guaranty Corporation. But experts say there's also been a rise in investors shelling out big bucks for nostalgia.

"All of a sudden, people are like, 'Wow, this stuff could be art,'" says Michael Osacky, the lead appraiser for Professional Sports Authenticator, in an interview with The New York Times.

Might be time to pull that old shoe box of collectibles out of the closet.

Related: Baseball and Business Need Metrics to Hit a Home Run

Jonathan Small

Entrepreneur Staff

Founder, Write About Now Media

Jonathan Small is an award-winning author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, Entrepreneur, and Condé Nast. He has held executive roles at Glamour, Fitness, and Entrepreneur and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. He is the former “Jake” advice columnist for Glamour magazine and the “Guy Guru” at Cosmo.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Science & Technology

AI Marketing vs. Human Expertise: Who Wins the Battle and Who Wins the War?

Uncover the truth about AI in marketing and why it's a ticking time bomb for unprepared businesses! As AI revolutionizes the marketing landscape, understanding its long-term impact is crucial.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.