Apr 11, 2013, 11:00 AM EDT
A judge has rejected a plea agreement from the former head of a sports memorabilia auction house who admitted to using shill bidders to drive up prices and to altering the most valuable baseball card ever sold.
William Mastro of Mastro Auctions admitted to doctoring the 1909 Honus Wagner cigarette card that was once owned by hockey great Wayne Gretzky. The card sold for $2.8 million in 2007.
This is the one that was purchased by Diamondbacks’ owner Ken Kendrick. Which is weird, because if anyone would have appreciated a less-than-perfect – dare I say gritty baseball card — it’d be the Dbacks’ owner. Looks like he was totally ripped off here. It’s like the precursor to the Justin Upton deal.
The dealer is going to jail for up to 30 months. I’m sure he doesn’t have the means to pay Kendrick back, however. In other news: just about every sports memorabilia dealer I’ve ever met is sketchy at the absolute best.
(Thanks to Daniel N. for the heads up)
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