Mickey Mantle baseball card sells for record $12.6 million

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Mickey Mantle baseball card sells for record $12.6 million
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A mint condition Mickey Mantle baseball card has sold for $12.6 million, breaking the record for the most ever paid for sports memorabilia.

A Mickey Mantle baseball card at Heritage Auctions in Dallas on July 21. A mint condition Mantle card sold Sunday for $12.6 million, blasting into the record books as the most ever paid for a piece of sports memorabilia.A mint condition Mickey Mantle baseball card sold for $12.6 million Sunday, blasting into the record books as the most ever paid for sports memorabilia in a market that has grown exponentially more lucrative in recent years.

Some saw collectibles as a hedge against inflation over the past couple years, he said, while others rekindled childhood passions. Add to that interest from wealthy overseas collectors and you have a confluence of factors that made sports collectibles especially attractive, Ivy said. By 2021, that market had grown to $26 billion, according to the research firm Market Decipher, which predicts the market will grow astronomically to $227 billion within a decade — partly fueled byor non-fungible tokens, which are digital collectibles with unique data-encrypted fingerprints.

The auction netted a handsome profit for Anthony Giordano, a New Jersey waste management entrepreneur who bought it for $50,000 at a New York City show in 1991.

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