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Florida man who died from COVID-19 left his family baseball cards worth $20 million

By
Jesse O’Neill
Published May 20, 2021
Updated May 21, 2021, 9:02 a.m. ET

A Florida doctor who died from COVID-19 complications in January left his family a lot of baseball cards worth $20 million.

Dr. Thomas Newman’s treasure trove — featuring cards of Honus Wagner, Ty Cobb, Babe Ruth and Lou Gehrig — is going to be auctioned off.

More than 1,000 baseball, football and hockey cards dating back to 1880 will be for sale to the highest bidder.

“One of the 1933 Babe Ruth cards (Goudey #53, PSA 9) in this collection is the finest known of its kind and we expect it to break the record of $5.2 million for any sports card,” said JP Cohen, president of Memory Lane Auctions.

The extensive collection of old baseball cards passionately assembled over four decades by Tampa, Florida neurologist Thomas Newman
The extensive collection of old baseball cards passionately assembled over four decades by Tampa, Florida, neurologist Thomas Newman. Memory Lane, Inc
Some of the one-of-a-kind cards and sports memorabilia date back to the 1880s
Thomas Newman left behind one-of-a-kind card and sports memorabilia collection, some dating back to the 1880s. Memory Lane, Inc

“Prices for rare, historic items have exploded in the collectibles market.”

A ball signed by the Bambino and a Mickey Mantle rookie card — which is expected to fetch $1 million — are also among the offerings.

“No one enjoyed collecting more than Tom,” said his widow, Nancy Newman.

“He jokingly called his cards his ‘paper babies,’ and spent almost every day attending to his collection in one way or another. It gave him such pleasure. The only reason he would ever sell a card was if he had acquired the same card in a higher grade.”

Newman’s collection is so large, it filled up an 18-foot U-Haul truck, according to CNN.

The online public auction starts on June 21.