The finest known example of the famed 1909-11 T206 Honus Wagner was once again sold this week, this time for a record-setting $2.8M in a private transaction conducted by SCP Auctions. The card, graded NM-MT 8 by PSA, was at one time owned by Wayne Gretzky in addition to being the grand prize for a national promotion conducted by Wal-Mart.

Prior to this most recent transaction, SCP Auctions had sold the card this past February for $2.35M to another private party and had themselves taken a minority ownership position in the card.

"The T206 Honus Wagner card is an icon, not only in the field of baseball card collecting, but in the larger field of Americana," said David Kohler, president and CEO of SCP Auctions. "We are privileged to have been involved in the sale of this card, not once but twice."

It's estimated that as few as 70 copies of the T206 Wagner exist to this day. To date, 33 copies have been professionally graded (29 by PSA and four by SGC). Of those, 25 copies are graded between Poor 1 and Good 2, six are VG 3, one is EX 5 and, of course, one very newsworthy copy is NM-MT 8.

.