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Think about that amount of money for a second. A small piece of cardboard from Mickey Mantle's 1951 rookie year with the New York Yankees just fetched that at a Chicago auction house. $160,000 is a record for a single Mantle card, and was a part of a huge sell-off by Evanston, Ill. collector Lionel Carter. Carter, 89, sold about 50,000 cards yesterday, and ended up with $1.6 million in the sale. (!!!)
Carter has been collecting cards since 1935, and has painstakingly replaced cards when he found others in better shape. Now his investment is paying off, but not without a small amount of postpartum sadness:
"It was sad. I put my life into them," said Carter, once a boy who bought his baseball cards with packs of gum. The Evanston man has groomed the collection since 1935, adding cards that dated from the late 1880s to the 1980s and replacing them whenever he found one in better condition.Fortunately, Carter can wipe his tears away with $500 bills, and then cackle as he buys himself a platinum- and diamond-plated walker. Ballin!
When they became too valuable for an elderly couple to keep around the house, he decided to sell them.
"I've seen them for the last time," he said Friday.
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