Rare Honus Wagner T206 baseball card sells for $1.35M in auction

It has been called the Holy Grail of baseball cards, and Friday it fetched a record price.

A T206 Honus Wagner card from 1909-1911 sold for $1,353,625 in Mile High Card Company's October auction dubbed "The Event," Sports Collectors Daily reported.

The final price, which included a buyer's premium, topped the price paid for the card in a private auction in May, Mile High Card Company officials said in a news release. It sold for $1.2 million in a transaction brokered by SCP Auctions, Sports Collectors Daily reported.

The card also has been sold twice in the past five years, garnering $657,250 in a Lelands auction in January 2014 and $776.750 by Heritage Auctions in 2016.

The card, issued in packs of tobacco in the years leading up to World War I, is graded 2 out of a possible 10 by Professional Sports Authenticator, a grading service.

Bidding for the latest auction for the Wagner card opened at $300,000 in September and attracted 33 bids, according to Beckett.

It's the second Wagner T206 sale in the last few weeks. An "Authentic" example, which had trimmed borders and had creases, was sold for $540,000 in late September by Heritage AuctionsSports Collectors Daily reported.