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James Beckett was a statistics professor before launching Beckett Media. [3] In the 1970s, Beckett introduced some of the initial price guides for the baseball card industry, providing more detailed information on specific card prices compared to the newsletters that collectors were accustomed to. [4] He founded Beckett Publications in 1984. [5]
The two priciest cards are baseball cards, followed by three basketball cards . The first sports card to sell for one million dollars was a T206 Honus Wagner which went for $1,265,000 at auction in 2000 (equivalent to $2,238,133 in 2023). [ 1] As of May 2020, the industry brings in over one billion dollars annually for manufacturers and retailers.
Beckett Publications produces price guides for a variety of sports collectibles (Beckett's Football, Basketball, and Hockey guides would start in the early 1990s, with Beckett's monthly Racing Guide following in 1996). Market values for non-sports card collectibles such as Pokémon Cards and related products are also tracked. Beckett retains a ...
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Price guides are used mostly to list the prices of different baseball cards in many different conditions. One of the most famous price guides is the Beckett price guide series. The Beckett price guide is a graded card price guide, which means it is graded by a 1–10 scale, one being the lowest possible score and ten the highest.
Honus Wagner. The T206 Honus Wagner baseball card depicts the Pittsburgh Pirates ' Honus Wagner, known as "The Flying Dutchman", a dead-ball era baseball player who is widely considered to be one of the best players of all time. [ 1] The card was designed and issued by the American Tobacco Company (ATC) from 1909 to 1911 as part of its T206 series.
In 1992, Pro Set forecasted sales of $165 million. A free magazine was published by Pro Set called the Pro Set Gazette. It was mailed to 1.2 million collectors twice a year. [5] Beckett Publications noted that in 1991, sports cards grossed about $1.9 billion in sales in North America, so Pro Set had a dramatic impact, albeit briefly.
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