Wayne Gretzky made a $49,000 profit selling a rare baseball card in 1995, but years later, he lived to regretted the decision.
In 1991, Gretzky and LA Kings owner Bruce McNall purchased the legendary T206 Honus Wagner card for $451,000 at auction.
The card was graded PSA 8, making it the highest-graded example of one of the most sought-after baseball cards in history.
Gretzky recalled his father questioning the purchase, asking, "are you an idiot? Why'd you buy that card?"
Four years later, they sold it to Walmart and Treat Entertainment for $500,000, prompting his father to congratulate him on the decision.
But the card's value kept climbing. It sold for $640,500 in 1996, $1.265 million in 2000, and $2.8 million in 2011.... then in 2022, a different example (graded SGC 2) sold for $7.25 MILLION 😮
Now, Gretzky believes the PSA 8-graded card that he once owned could be worth $40 million, admitting that selling it hadn't been such a smart decision after all.
