December 2013 Premium Holiday Auction
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This lot is closed for bidding. Bidding ended on 1/5/2014

A strong BGS 9.5 Gem Mint example of what remains the hottest baseball rookie card in the hobby -- a PSA 10 Gem Mint example sold earlier this month for $28,439 -- and one of the most iconic and recognizable baseball cards ever produced: the 1993 SP Foil #279 Derek Jeter. Since becoming the 28th player in Major League History and the first Yankee to ever join the 3,000 hit club -- that's right, neither Ruth, nor Gehrig, nor DiMaggio, nor Berra, nor Mantle are in the club -- Jeter has joined the ranks of the world's most popular athletes, living or deceased, along with Michael Jordan and Tiger Woods, and Mickey Mantle and Babe Ruth before them. Jeter's cards and collectibles are now among the most coveted items in the hobby, and they will only continue to rise in value as he continues to march toward the Hall of Fame and to climb higher in baseball's top 10 career hits leader list, possibly within range of 4,000. Of course, only two other players, Pete Rose and Ty Cobb, have ever attained 4,000, and it remains one of baseball's rarest feats. Of all of Jeter's 330 different rookie cards produced between 1992 and 1996 -- we call them rookie cards because he was a rookie in 1996, when he won the AL ROY -- the 1993 SP Foil has taken the reigns as the card to own. It is notoriously condition sensitive, so much so that PSA has graded just 12 examples in its Gem Mint 10 grade from over 10,600 submissions, and the most recent sales have turned more than a few heads as they approached and then blasted past $25,000. BGS has graded a few hundred more examples than PSA, almost 10,900, but it has awarded 139 total Gem Mint 9.5s so far. While that works out to a minuscule rate of hardly more than 1% of all submissions, the reason BGS has graded more Gems than PSA is simple: either PSA refuses to grade many more in order to preserve that staggering $25,000 price tag -- granted, they did grade 2 or 3 copies in 2013, as it had been a Pop 9 for some time before then -- or, a more plausible reason, because Beckett's subgrade system allows Gem 9.5s to grade with tolerable imperfections, since one subgrade is allowed to be less than Gem Mint for an overall Gem Mint 9.5 grade. Such is the case with the offered beauty, which boasts strong 9.5 subgrades in all facets except for corners. Of course, no example of this card has ever surfaced BGS 10 Pristine, but we remain hopeful that one will eventually surface and that Small Traditions, founder of, will be the company to offer it. Until then, here's a more than suitable place holder for even the most demanding of collectors.

Current Bidding
Minimum Bid: $1
Final prices include buyers premium: $1,642
Number Bids: 16
Auction closed on Sunday, January 5, 2014.
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