September Card & Memorabilia Auction Ending October 2-3rd
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This lot is closed for bidding. Bidding ended on 10/2/2021

Perhaps no player better transitioned from the Deadball era to modern (i.e., Ruthian-led) baseball than "The Georgia Peach." Whether the ball was dead or alive, Cobb hit. His 4,186 hits are second only to Pete Rose's 4,256. For 22 seasons, Cobb played an inimitable, cagey, and steady centerfield for the Detroit Tigers before moving to the Athletics for his final two campaigns. He won 12 consecutive batting titles, along with the 1909 Triple Crown and '11 MVP. Cobb's .366 lifetime batting average hasn't been duplicated since he retired in 1928. For his efforts, Cobb joined the initial class of inductees into the Hall of Fame in 1935.

Cobb’s baseball history has been well documented over the years, but few people realize that Cobb was a shrewd investor. Cobb was an early investor in Coca-Cola, owning $1.78 million worth of stock in the company and about $10 million worth of General Motors stock at the time of his death in 1961. His net worth at the time of his death was estimated to be $11.78 million, equivalent to an astounding $102 million today. In this offered five double-sided 6 x 7-inch letter on official Tyrus R. Cobb letterhead and addressed to what appears to be the name of Armour Anderson and dated October 27th, 1957, Cobb speaks about the problems he faced while operating a Coca Cola bottling plant. Cobb goes into great detail about the workings of a plant he owned and operated by his son Herschel, who also employed his youngest son, James. Cobb praises his sons' effort but laments James's treatment by Herschel, adding that Herschel was supposed to teach James how to run and operate the plant and gave his brother menial tasks and how this perturbed Cobb. The latter wanted to ensure that James was taken care of by his brother. Cobb further expounds on the treatment of James, whom he wanted to be promoted as he gained experience but was kept on a "soaker" where he had to labor without gaining the experience necessary to run an operation.

The letter gives keen insight into the business acumen regarding stocks and investing, with Cobb's surprisingly blunt candor and keen business mind on full display in his later-years signature in green ink. Cobb has signed the letter three times, with the bold green ink clear and crisp, and the pages feature some wrinkling but are in great condition. This presented letter from Cobb's business dealings in his later years and concerns for his family's running a bottling operation gives insight into the mind of one of baseball's most legendary players and one of its most shrewd business minds. It comes with an LOA from PSA/DNA (I89144) for the signatures.

1957 Ty Cobb Handwritten & Triple-Signed Incredible 10-Page Letter on "Tyrus R. Cobb" Letterhead (PSA/DNA)
Current Bidding
Minimum Bid: $4,000.00
Final prices include buyers premium.: $5,400.00
Number Bids: 3
Auction closed on Monday, October 4, 2021.
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