Honus Wagner | 09/06/07
Today it was revealed the rarest baseball card in history was just sold for $2.8 million dollars. Six months ago it was purchased for $2.38 million--quite a nice little ROI there. It blows my mind that something like that could be worth so much. Apparently there were only about 30-40 printed and since it's from the early 1910's (right after the Cubs last won the World Series) and it's the only one that's in near-mint condition. I understand why some artworks are worth so much--you can enjoy their beauty or ponder their meaning but a baseball card? I like baseball more than your average guy but come on, that's a ton of money for something that you can do absolutely nothing with. Maybe in ten years it will sell for $10m and I'll be kicking myself for not taking out a $3m loan and buying it today.