Sports short-printed tobacco issue key card English
1909

Honus Wagner

T206 White Border

Baseball Art: Unknown American Tobacco Company
Version2 with data
Gradetap to switch
Market price
Insufficient
1 of 5 sales needed in 90 days
Last sale
$5,856,000
Aug 21, 2026 · Heritage Auctions
Record
$5,856,000
Aug 21, 2026
Population
—
Not sourced
Graded market value
—
Needs price + population
Sales, 12 months
1
Qualifying only
Cite this

Honus Wagner (Piedmont back, SGC Authentic): last verified sale $5,856,000 on Aug 21, 2026 (Heritage Auctions). Not enough verified sales in the last 90 days for a market price. Source: CardVolume, cardvolume.com/sports/baseball/1909-t206-white-border-honus-wagner/, as of Sep 27, 2026.

Values as of Sep 27, 2026 in USD. Market price = median of at least 5 qualifying sales of this exact version and grade in the last 90 days. Methodology

Key facts

Updated · Only verified or cross-checked sales count · How we verify · Data: Markdown, JSON

Sales history

DateVersionGradePriceVenueStatusSource
Aug 21, 2026 Piedmont back SGC Authentic $5,856,000
incl. buyer's premium
Heritage Auctions
auction

Heritage lot page shows sold date, price, Piedmont back, SGC Authentic, and bu…
Cross-checked Open
Aug 8, 2026 Sweet Caporal back CGC Authentic-Restored $1,337,263
incl. buyer's premium
Love of the Game Auctions
auction

Lot 1. Reported as a record for this grade
Cross-checked Open
Aug 3, 2022 Sweet Caporal back SGC 2 $7,250,000
hammer, excl. premium
Goldin
private

Private sale; Guinness gives date and price, while Radicards identifies the Sw…
Verified Open

Verified: an editor or automated check confirmed the figure on the source page. Cross-checked: an independent second research pass reopened the source and confirmed it. Reported: cited by research but not re-checked; never used in metrics. Asking prices are never listed here.

Price chart

Piedmont back · SGC Authentic

Fewer than two qualifying sales for SGC Authentic; no chart.

Graded population

No sourced population figure yet.

Population counts copies graded by one company in one grade. It is not a print run and it grows with every submission. Why population is not print run

Grading math for this card

Prefilled with the latest qualifying sale for each grade where one exists. Replace any value with your own. We never suggest what grade your copy will get.

Break-even chance of a PSA 10
—
Enter a grading cost to calculate.

Formula from Grading: condition, uncertainty, and economics: grading pays only if your honest chance of the high grade exceeds (raw net + cost − other-outcome net) ÷ (high-grade net − other-outcome net). The 13% fee is an editable assumption, not a quoted tariff.

About Honus Wagner

The T206 Honus Wagner is the short-printed tobacco-era baseball card most collectors use as shorthand for the top end of prewar cards. Collectors search for it because each authenticated copy has its own back brand, provenance, condition, and sale history.

Why this card matters

Verified factThe T206 Wagner sits at the intersection of a major tobacco-card set, an inaugural Hall of Fame player, and unusually low surviving supply. Heritage’s 2026 Piedmont-backed lot describes the Wagner as the face of the hobby and identifies that example as one of three known Piedmont-backed Wagners. Goldin’s 2022 private sale of an SGC 2 Sweet Caporal example and Heritage’s 2026 Piedmont sale show that back brand, grade, and provenance are part of the exact object, not decorative details. [1][2][3]

Identifying the exact version

AnalysisStart with the T206 Wagner front, then verify the back. Sweet Caporal and Piedmont copies should not be merged, because collectors treat the advertising back as part of the issue identity. The grading label should be recorded exactly: SGC 2, SGC Authentic, PSA Authentic, restored, or altered descriptions produce different comparable sets. For a card at this level, provenance documents and historical auction appearances should be retained with the object rather than summarized from memory. [1][3][4]

What moves the price between versions and grades

AnalysisPrice differences are driven by the same features that define the card: back brand, eye appeal, restoration or trimming notes, numerical grade, and documented chain of custody. A private sale and an auction result are also different evidence types. The 2022 Goldin-brokered SGC 2 Sweet Caporal sale and the 2026 Heritage SGC Authentic Piedmont sale are both Wagner transactions, but they are not the same variant or grade. CardVolume should compare them as headline context, not as identical comps. [1][2][3]

Authenticity checks

Verified factCompare against official references and major auction images; use multiple checks; do not rely on a single cert lookup; and do not perform destructive tests. For a slabbed copy, verify that the cert details, label type, back brand, visible card, and any restoration or size notes match the sale page and seller photos. PSA warns that valid certification numbers can be copied onto counterfeit inserts, so a database match reduces uncertainty but does not authenticate the physical slab by itself. [4][5]

Telling the versions apart

VersionHow to identify it
Sweet Caporal backFront shows Wagner batting in a Pittsburgh uniform; reverse carries Sweet Caporal cigarette advertising. Keep this separate from Piedmont-backed copies.
Piedmont backFront is the T206 Wagner image; reverse carries Piedmont advertising. Heritage described the 2026 SGC Authentic example as one of three known Piedmont-backed Wagners.
Authenticated or numerically graded exampleUse the slab label, cert, back brand, alteration notes, and grade together. Authentic-only, restored, and numeric grades are not interchangeable comps.
Identity note: The issue is commonly dated 1909-11, not only 1909. Back brand and grading outcome materially change the comparable pool.
Why collectors look this card up: Hobby grail; $7.25M Goldin private sale and repeated seven-figure public coverage. source 1source 2

What people get wrong about this card

Any T206 Wagner sale can be used as a comp for any other T206 Wagner.
The evidence supports separating Sweet Caporal, Piedmont, grade, and alteration status before comparing prices.
Population or known-copy estimates prove the card must keep rising.
Low supply alone is not a price guarantee; ch10 rejects population-only price claims without demand and market evidence.
A valid cert number alone proves the slab in a listing is genuine.
PSA warns that real certification numbers can be copied, so the physical item and provenance still need review.

Based on the claims our guides decline to adopt: Risk and strategy · Case studies and corrections

Frequently asked questions

How much did the SGC 2 Sweet Caporal T206 Honus Wagner sell for?
The SGC 2 Sweet Caporal example sold for $7,250,000 in a Goldin-brokered private sale on 2022-08-03, with no buyer's premium stated because the reported transaction was private [2,3]. [2][3]
How much did the Piedmont-backed T206 Honus Wagner sell for at Heritage?
The SGC Authentic Piedmont-backed example sold for $5,856,000 at Heritage on 2026-08-21, and the Heritage lot page lists a buyer's premium schedule [1]. [1]
Is the T206 Honus Wagner a 1909 card or a 1909-11 card?
Use 1909-11 T206 White Border unless a source page for a particular slab or catalog entry states a narrower label [1,3]. [1][3]
How do I tell Sweet Caporal from Piedmont?
Look at the advertising back: Sweet Caporal and Piedmont are different reverse advertisements and should be logged as separate variants [1,3]. [1][3]
How many T206 Honus Wagner cards exist?
The exact total is not established here; ESPN reported a 50-to-60-copy estimate in 2022, while Guinness described fewer than 50 authenticated copies, so CardVolume should avoid treating either as a formal population count [2,3]. [2][3]
Does an Authentic-only Wagner comp equal a numbered-grade Wagner comp?
No; Authentic-only, restored, altered, and numerical grades must be separated because they describe different condition and grading outcomes [1,4]. [1][4]

Sources

  1. 1909-11 T206 Piedmont Honus Wagner SGC Authentic - One of Three Piedmonts Known — Heritage Auctions (accessed Sep 26, 2026)
  2. Most expensive sports trading card sold at a private sale — Guinness World Records (accessed Sep 26, 2026)
  3. Honus Wagner 1909-11 T206 Brings Over $7M in Private Sale — Radicards (accessed Sep 26, 2026)
  4. PSA Grading Standards — PSA (accessed Sep 26, 2026)
  5. PSA Cert Verification — PSA (accessed Sep 26, 2026)

Not yet established

  • No official manufacturer supply statement or print-run document was found for this vintage tobacco issue.
  • No formal population entry is saved because known-copy estimates are not grader population reports with a stable as-of date.

Research: Codex research pass (live web) · automated source checks · independent cross-check · generated Sep 26, 2026 · reviewed by CardVolume editorial (owner-approved) on Sep 27, 2026 · updated Sep 27, 2026. Found an error? Report it.

More Sports