Armed with this knowledge, you may make a much better baseball card trader than I was.
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The card isn't the same as a modern-day baseball card, which became common in the 1880s.
Mr. COLBERT: We've all done backsies, asking for the return of your Barbie doll or baseball card.
The Holy Grail: In 1909 Honus Wagner discovered that the American Tobacco Company had issued this baseball card without his permission.
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BIDDEFORD, Maine Six-figure bids are expected when a rare 148-year-old baseball card discovered at a rural Maine yard sale is auctioned.
Industry heavyweights Topps and Upper Deck have tried similar initiatives during the past few years ("Topps Town, " an online competition featuring baseball card stats).
For Debra and Daniel Colvin, owners of a thrift shop in Port Townsend, Washington, the discovery of a rare baseball card brought a thrill.
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In other words, the market is always strong for a one-of-a-kind painting or baseball card, but such demand doesn't necessarily translate to the rest of the category.
After her mother-in law died, Ms. Colvin was going through papers and found a war ration coupon and a baseball card with the name of Henry Reccius.
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It hit him last week when he realized that he would have a baseball card, and when his cousin texted him that his name was now in the baseball encyclopedia.
What is a baseball card worth?
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It did not have a baseball card or a sneaker campaign or a restaurant. (Of course it did have a parody Twitter account.) It played in no old-timers games, punched no paparazzi and never got caught leaving a nightclub at 4 a.m.
In its book "Baseball Americana, " the Library of Congress calls the item the first dated baseball card, handed out to supporters and opposing teams in a gesture of bravado from the brash Brooklynites, who were dominant and won their league championships in 1861, 1864 and 1865.
For followers of economics, the modern history of the baseball-card industry offers useful lessons about market responses to profit, anti-trust laws, business failure and inflation.
In that sense, the rise and ultimate decline of the baseball-card market serves as a micro example of what happens in the economy every day.
Anti-trust lawyers have built careers around placing roadblocks in front of companies they deem too powerful, but the baseball-card industry reveals how difficult it is to predict the future of anything.
While some will say it's a reach to use the baseball-card industry to explain economics, the economy as we know it is merely the combination of infinite individual decisions made on a daily basis, including those made with baseball cards.
Baseball also added wild card teams, giving its playoffs a dimension that creates excitement for every fan other than self-appointed baseball maestro Bob Costas of NBC.
The closest precedent for this conundrum comes from 1995, the first year that baseball added the wild-card teams and an extra round of the playoffs.
Young kids are constantly seen playing pickup games and carrying their baseball gloves around, pastimes that have mostly gone the way of the10-cent bubble gum card in the U.S. In short, Japanese pro baseball is a gem that's lost some luster in recent years, due to bad positioning in the global marketplace.
Saco River Auction Co. in Biddeford is holding an auction Wednesday evening that includes a card depicting the Brooklyn Atlantics amateur baseball club.
There has been plenty of hand-wringing since Major League Baseball announced the addition of another wild-card team from each league, expanding its playoffs to 10 from eight.
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But there are baseball memorabilia that could equal or surpass the Wagner card and Ruth bat in value, pieces that were known to exist but that have been lost or seemingly disappeared.
The years surrounding the sale of the iconic Wagner card generated a lot of investor interest in baseball cards.
This season, baseball has tinkered with its playoff format a second Wild Card has been added, and the two card winners will meet each other in a one-game bake-off to determine who moves onto the next round.
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