Seven Rare Ty Cobb Baseball Cards Found in Paper Bag

This treasure almost ended up in the trash. In March seven century-old baseball cards found inside a crumpled paper bag were authenticated as rare Ty Cobb cards. The seven T206 Ty Cobb cards from a 1909-1911 series are expected to be worth "well into the seven figures". The cards were discovered in the home of a family's late great-grandfather earlier this year, and was almost mistaken for trash. Cobb, nicknamed "The Georgia Peach" is considered one of the greatest baseball players of all time. He played mainly for the Detroit Tigers in a career that spanned from 1905 to 1928. He was inducted into the Hall of Fame in 1936. Prior to the find, there were about 15 of the cards known.

PSA, the independent card-grading company, has revised its price guide upwards to reflect the sale of the finest card from the find, the 4.5 (very good-excellent +), from $950,000 to $1 million+