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Lot # 375 (of 1137)   < Previous Lot | Next Lot >

1910 E125 American Caramel Die-cut Eddie Plank - Only Known Example!

Starting Bid - $2,000, Sold For - $6,518

Eddie Plank will always be a magical name in the world of baseball cards because of the legendary rarity of his card in the T206 set. Approximately 100 T206 Planks are known to exist. Offered is a card of Eddie Plank, from the E125 American Caramel Die-cut series issued in 1910, which is approximately 100 times rarer than the T206 Plank. To the best of our knowledge, this is the only E125 of Eddie Plank known to exist. Its existence has always been suggested by the E125 A’s checklist, which appears on the reverse of all E125 Philadelphia Athletics players, but no example of Eddie Plank ever surfaced until we discovered and auctioned this very example in May 2004. Plank was listed as not yet known to exist in Lew Lipset’s The Encyclopedia of Baseball Cards Volume 2 Early Gum and Candy Cards, when published in 1984. Perhaps someday other examples will surface, but for now, and maybe forever, this is the only E125 Plank known to exist. The fragile nature of all die-cut cards and the easily broken flaps at the base of E125s which allow them to stand make complete, high-grade examples all the rarer. The E125 Eddie Plank has survived complete, with all flaps intact; in fact, the stand-up flaps have never even been folded back. Bright and clean, both front and back, the card presents at a glance as Ex-Mt, though very close examination at the proper angle reveals several very faint horizontal surface creases, so light they are not detectable from the reverse (and resulting in this card being harshly graded by SGC as GOOD 30). This is a stunning specimen as a magnificent E125 sample, and an extraordinary example as the hobby’s only known E125 American Caramel Die-cut of Hall of Famer Eddie Plank. When it comes to extremely rare vintage cards, values can be hard to pin down and sometimes can vary wildly. The auction price history for this significant Eddie Plank rarity has been particularly volatile, no doubt in large part due to short-term supply and demand imbalances (that can occur when collecting an extremely rare issue is in fashion and has particularly strong demand, or when a large collection hits the market suddenly). This card has sold at public auction three times: When this E125 Plank first hit the auction block at REA in 2004 (Lot 416), with a minimum of $2,000 and a conservative estimate of $4,000/$6,000, it sold for $8,050. Over the next several years, interest in the E125 set grew and prices rose. In 2007 the same card appeared at REA as Lot 217 (with the same minimum of $2,000 and the same conservative estimate of $4,000/$6,000) and sold for an astronomical $26,437.50! In 2011, when the famous Dreier Collection was being sold at Legendary, the entire set of E125s (representing more E125s than had ever been offered at one time since 1910 - we believe they assembled the entire set!) hit the market all at once, and Plank sold for an extremely overlooked bargain $4,481. In 2013, we still have just as difficult a time predicting values as in 2004 and 2007 (perhaps more so in light of the craziness of the past results). We think that the lowest past auction result was way too low, and the highest past auction result was way too high. What's this unique and outstanding E125 American Caramel card of Hall of Famer Eddie Plank really worth today? We don't know! But, as always at REA, the auction process will provide clarity! Reserve $2,000. Estimate $4,000/$6,000. SOLD FOR $6,518

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