tv Lou Dobbs Tonight FOX Business June 22, 2020 5:00am-6:01am EDT
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"strange inheritance." thanks so much for watching, and remember -- you can't take it with you. [ bat cracks, crowd cheers ] >> majestic trees thousands of years old... >> these are the biggest trees i've ever seen, and they're beautiful. >> the redwood forest has been on the planet since the dinosaurs. >> then the ax men cometh. one makes a redwood his ultimate log cabin... >> what? >> ...a log-rolling attraction. it's her strange inheritance. >> i was the only child, so i knew i was always gonna get the log. >> but the road takes its toll. >> it's hard to be the log lady and have a life and be the truck driver and the repair person and do it all. >> she's got a big decision to make. >> she sure does, jamie. she sure does. >> and what happens when it's time for the log to be inherited from you? [ suspenseful music plays ]
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[ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] [ mid-tempo music plays ] >> i'm jamie colby, and today i'm heading to the annual blueberry festival in plymouth, indiana. it's not exactly the kind of place you'd expect to see a massive california redwood, but this tree rocks because it rolls. >> my name is jamie allen, and, in 1985, when i was 23, my father passed away, and he left me something that his father left him, and it's kept me on the road all my life. >> jamie? >> jamie? >> [ chuckles ] how are you? it's really great to meet you. and how funny we have the same name. let's get started, then. >> all right, here we go. >> this is one serious tree trunk. [ mid-tempo folk music plays ] and the "root" of the story, according to jamie, is in the
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late 1930s... when her grandfather, james allen, is a lumberjack in northern california. james, a widower with a son in the army, sees redwood trees so massive that several men can easily fit inside the hollowed trunks. one day, during a sudden rain squall, he seeks shelter in the trunk of a giant redwood. that's when it occurs to james that he could actually make a home out of one. >> it was the tail end of the depression. he couldn't afford to buy a regular house. my grandma had already passed away. >> so james allen combs the forest for a suitable tree. he finally discovers the perfect one on the property of the georgia-pacific lumber company, near eureka, california. >> he traded the lumber company for that section of log for work. and then it took him four months to burrow out all the wood and a year and a half to complete the
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house. it was all done by hand. >> today, most of those lumber mills are gone. what was once called the "redwood empire" is now a state park. >> welcome to humboldt redwoods state park. >> oh, my gosh. these trees are so beautiful. >> and they're the tallest trees on the planet. let's go. >> emily burns, a tree scientist with the save the redwoods league, says there is a reason this part of the country grows such towering trees. >> the fog rolls in to the coast redwood forest from the pacific ocean, and these trees collect it, and they take in that water directly into their leaves, and they also rain it down to the forest floor, helping all the other plants and animals. come check out this tree over here. what you're looking at is a history of fire, really. this burned-out cave is called a "goose pen." >> oh, my gosh. go inside? >> go inside, yeah. >> and it could survive this? >> actually, this tree is fine. it's still growing well. and it's created an amazing
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habitat for species like bats. do you like bats? >> not really. are they in here? >> they might be. they might be right up above you. >> oh, well, it was nice to see it. >> [ laughs ] [ soft music plays ] >> chopping down a tree so old is hard to fathom now, but, beginning with the 1849 gold rush, these behemoths supply a lot of lumber needed to settle northern california. >> as the miners were looking for gold, the redwoods started to be cut down to build cities like san francisco. >> even into the 1930s and '40s, redwood trees were still cut down by hand axes and whipsaws. it could take days for a 2-man team to fell a 12-foot-diameter tree. a log could easily weigh 50 tons. >> we've lost 95% of ancient forests like this one to harvest. this is one forest you won't find any other place on the planet. >> so, if this is it and i am
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here, can i hug a tree? >> i hope you will. the tree is ready. >> you're calling out to me. give me a squeeze! ah! it's not hard to grasp why americans love their redwoods -- a must-stop on many a family car trip since before the interstate. maybe even you have gassed up at this filling station built entirely out of three redwood tree trunks or driven through this famous arch. used to cost a quarter. today, it's five bucks. but remember, back in 1939, jamie's grandfather isn't looking to create a roadside attraction. he simply wanted a place to hang his hat. [ mid-tempo march plays ] that tree he picked out was 1,900 years old. think about that. when it was just a seed, the roman empire was at its height. as it grew, rome fell...
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islam rose... columbus sailed... the colonies rebelled... napoleon won -- and lost... and the wright brothers flew. >> he built the log and lived in it for seven years. >> right there in the forest -- until word gets out of the old fella living in a log. >> people would come and knock on the door and say, "what's in there?" so he used to take the log to schools. >> just load it on a trailer. presto -- a mobile home. in the late 1950s, james sr. passes away, leaving his only son, world war ii vet and traveling salesman james elwin allen, his unusual home. so the son of a lumberjack decides to take it cross-country, maybe make a buck while sharing his strange inheritance with the world. he sets off for parts unknown. his travels eventually lead him to canada and a rodeo show
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called the calgary stampede. there he meets 18-year-old iris keiver. they're both smitten and soon get married. what do you think your mother thought about her husband driving around the country with a log house? >> i think it must've been very intriguing because my mother married my father, and that was a very unusual lifestyle. >> when baby jamie is born in 1961, james allen jr. packs up his young wife and daughter and heads right back out on the circuit, traveling the u.s. to fairs, carnivals, and exhibitions. >> i grew up in a family atmosphere of traveling people, and we just happened to have a log. >> step right up, put a nickel in the donation box, and see james allen's incredible cabin made from a genuine california redwood. your dad was able to support the family off of change donations? >> we had the log, a fudge
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business, and he sold a lot of different types of products. >> so he was really a pro at this traveling business. >> he had his hands in so many pies it wasn't even funny. >> and it's not every day you get to walk through a tree. now that i heard your story, i've got to go inside. >> please go right in and see how beautiful it really is. >> that's next. what? >> but first -- our "strange inheritance" quiz question... the answer when we return. ♪ ♪ yeah ♪ ♪ y-yeah ♪ ♪ yeah ♪ hey, hey
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>> so, what is america's most visited national park? it's "a," the great smoky mountains in tennessee -- gets about 10 million visitors a year. >> it's not often you get the chance to walk through a 1,900-year-old redwood tree. i'll be out of the other side, i assume. >> i'll meet you at the other end. [ upbeat music plays ] >> welcome inside jamie allen's strange inheritance. what? [ chuckling ] oh, my god. look at this kitchen! the kitchen boasts a vintage hotplate and a sanitary brand refrigerator from the 1940s.
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i did not expect this -- full kitchen, original kitchen, all-wood cabinets? in fact, every built-in facet of the log's interior is made entirely of redwood, hand-sanded, varnished, and polished to a glossy finish. to keep it that way, jamie tells me she polishes the entire interior from floor to ceiling every night. huh. look at that. that's how it was made. the pictures hanging in this gallery are jamie's only remaining photos of her grandpa. they chronicle his amazing endeavor -- the cutting of a tree 1,900 years old, the stump cut 14 feet in diameter. amazing. i'm imagining the four months it took for her grandpa to hollow out this log and then 18 months to painstakingly hand-build this redwood interior -- just tall enough to accommodate his 6-foot
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frame and everything else he needed. it's a whole home -- couch, living room, dining room. bedroom? unbelievable. oh. this is beautiful! wow, jamie. it's like an elegant home inside. >> it's beautiful, isn't it? [ upbeat music plays ] >> and it's been home to jamie allen her whole life. >> i can't ever remember not living with a log. when i was a baby, my mother put me in a cardboard box because they didn't have a big crib to take with them. you can't carry a big crib in a log. [ country western music plays ] >> but when jamie turns five, her parents divorce. five years old? >> they just couldn't live together, you know? in the wintertime, my dad would come to town where i was going to school. he would come and stay at the apartment we lived in. >> and every summer, she joins
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her father on the road. >> my dad always had me in the log. he'd give me 15 minutes at lunch, a half an hour at dinner, and 15 minutes at around 9:00. my father always knew where i was when i was a teenager. >> and it sounds like you loved it and you loved him. >> oh, a lot. >> when jamie turns 16, she goes full time on the fair-and-festival circuit, traveling with her dad. it's big-time bonding for father and daughter, but does he really want this life for his girl? coming up... >> i looked at my father like, "what, are you out of your mind?" >> but first... >> here's another quiz question for you... the answer when we return.
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so, what city lays claim to the oldest state fair? it's "a." the new york state fair began in syracuse in 1841 and remains one of the largest in the u.s. >> happy blueberry festival to you. i'm at the indiana blueberry festival with jamie allen and her strange inheritance -- a cabin her grandfather carved out of a 1,900-year-old redwood. how many people do you think you meet a year as a result of traveling with a log? >> millions. [ chuckles ] literally, millions of people. >> she's been at it since she was a kid. for years, she crisscrossed the country with her dad. what's here? >> this is my friend mike mcneil, and he was a good friend of my father's, as well, so i thought he was somebody you might like to meet. >> oh, you mean you didn't just bring me over here to have something with sprinkles? >> [ laughs ] >> mike mcneil has run a
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traveling concession stand like this one for 40 years. he and jamie's father crossed paths many times. >> jamie's dad was a good businessman, and he had a good heart, too, which is what you want people to say about you. >> okay... what i want is to see if mike's cheesecake is any good. >> wait a minute. >> ooh! they have everything inside. >> there you go. >> uh-huh. is this new york cheesecake? >> no, it's better. this is philadelphia. >> nothing is better -- oh, philadelphia? >> you haven't tried this. >> okay, so, what's the first step? >> dip it in the chocolate and pull it out. >> nice! >> pull it way up. >> okay, i would like sprinkles. >> sprinkles? right there. >> may i? >> go ahead. please do. >> i think i have to. >> you're gonna like that. >> mmm. >> there you go. >> give me a minute. give me a minute. wow! >> i told you that you would like that. [ laughs ]
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>> the thing is, cheesecake on a stick is heavenly -- on that one weekend a year the fair comes to town... not so much when every weekend's the fair and every weekday's spent creeping down the highway to the next venue. but this was the life of james allen and the life he saw his daughter backing in to. >> i was the only child, so i knew i was always gonna get the log. >> all parents hope their kids have options, and, in 1978, when jamie is 17 years old, a stranger stops by the cabin and offers one. >> my dad approached me, and he said, "a man's very interested in buying the log. would you be interested in selling?" >> but i looked at my father like, "what, are you out of your mind? no, i don't want the money. i want the log." >> was not continuing what he did with the log ever an option for you? >> oh, no. when i was little and they asked me, "what are you gonna be when you grow up?" i'd say, "just like my dad." [ folk music plays ]
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>> seven years later, in 1985, her dad dies of cancer. jamie, only 23, receives her strange inheritance, and, for the next 30 years, she's indeed just like her dad. any regrets that your dad didn't take that offer? >> no, it's a labor of love for me. >> you have any children? >> nope, just three dogs and a cat. >> and a boyfriend, buddy, who travels with her on the circuit. how much time do you spend with this log of yours? >> oh, i spend a lot of time with my log -- 14, 16 hours a day when we're showing, probably 4 to 6 months a year. >> and you make a living doing this? >> i try. it's not as lucrative as it used to be. it's taking its toll on me and the log. the roads are rough on it. we only get to go 56 miles an hour because you can't move it very quickly. i get four miles to the gallon.
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bungees, buddy. >> are you losing money on this proposition? >> i think i'm breaking even. you know, i'm just floating along. >> how much money did you make off this venture last year? >> i think we took in maybe about $20,000. >> do you think about what will happen when you can't drive a rig anymore? >> well, the show's got to go on. we don't have a choice. >> or does she? [ upbeat music plays ] she's got a big decision to make. >> she sure does, jamie. >> that's next. what's your "strange inheritance" story? we'd love to tell it. send me an e-mail or go to our website, strangeinheritance.com. we design and engineer in america.
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that's why usaa is giving payment relief options to eligible members so they can pay for things like groceries before they worry about their insurance or credit card bills. discover all the ways we're helping members today. >> now back to "strange inheritance." >> for 30 years, jamie allen has been the sole proprietor of allen's original redwood log house.
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what was once a home for her lumberjack grandpa is now a traveling tourist attraction -- her strange inheritance. do people look at you on the road like, "wait -- what"? "that lady's driving a tree." >> you can see the passenger tell the driver, "look, there's a girl driving that thing." >> her policy of admission by donation, plus the revenue from souvenirs, once provided a decent living, but it's tougher with each passing year. >> it's hard to be the log lady and have a life and be the bookkeeper and the truck driver and the repair person and do it all. >> those worries are building in the fall of 2014, when jamie is exhibiting the log house at the pittsburgh home & garden show. a few exhibits away is an antiques appraiser named lori verderame. jamie invites her to check out her cabin. what was your first impression when you saw this log cabin? >> oh, i thought it was very unusual. i didn't realize that it was a
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house inside until i went inside. >> the women begin brainstorming. is there anything jamie can do to make her business more lucrative, her future more secure? is her strange inheritance a "sell" or a "hold"? so we invited dr. lori to join us here at the blueberry festival to hear her advice. >> i have to look at it and evaluate it as a public attraction for its history. i have to look at it as a redwood log, a piece of a natural historical object. >> who buys a log? >> the people who say, "i'm a museum, i'm a conservation park, and i want to use it as an attraction to bring more awareness of my business." so the log really can stir an awful lot of interest. the other thing which impacts its value -- the log also generates money. >> well, jamie's told me she's just about breaking even. she's getting four miles to the
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gallon. >> well, she's moving it. that doesn't mean that, if it were staying still, that she couldn't generate more money. >> it's a lot to take in. i don't really want the log to just stay in one place. >> did you choose this life on the road, or did it choose you? >> i think that it's a little bit of both. >> you're doing this since you're 23 years old. do you start to think, "maybe i ought to sell"? >> a lot of people ask me do i want to sell, and i tell them, "well, you never sell your family tree." [ upbeat music plays ] >> a family tree for sure. at the end of the great depression, an old lumberjack fells the 1,900-year-old redwood and makes a cabin from a section of the trunk. it starts out as his home, turns into a roadside attraction, and becomes a living for his son and then his granddaughter. and what happens when it's time for the log to be inherited from you? you don't have children.
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>> no, but i have several godchildren that are very interested in the log. so we'll see who shows the most potential of making sure that it keeps traveling. >> words of a woman who knows she's approaching a crossroads but is not there yet. >> i've been doing what i've been doing for a long time, and i want my log to keep doing what it's doing. >> so your life's gonna be on the road for awhile. >> well, i'm pretty sure it probably will be. >> it's what you do. >> it's who i am. >> no doubt jamie allen's redwood cabin is a strange inheritance from a different era. consider this. the tree now believed to be the tallest in the world was discovered in this state park in 2006. far from turning it into an attraction, officials have kept its location secret. why? because if its location were known, they say, so many people would race off to see it that the tree's life would be in danger.
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i'm jamie colby for "strange inheritance." thanks so much for watching, and remember, you can't take it with you. >> a ball club older than mighty casey... >> they were recognized as the best team of the 1860s. >> their 155-year-old baseball card... >> we are looking at a very significant piece of baseball history here. >> and she's looking at a very strange inheritance. >> he's my great-great-uncle on my dad's side. >> which one is he? >> now here's the payoff pitch. >> one of the big ones. this was a family heirloom. >> will there be joy in mudville... >> he was looking for a piece of the action, but i didn't know that. >> ...with jamie at the bat? [ door creaks ] [ wind howls ] [ thunder rumbles ] [ bird caws ] ♪
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>> i'm jamie colby, and i'm in the berkshire mountains on my way to great barrington, massachusetts. i'm meeting a woman whose ancestor played on one of the great teams in the early days of baseball. his picture is on her strange inheritance, which may just be the world's oldest baseball card. >> my name is florence sasso. my great-great-uncle archibald mcmahon was a member of the 1860s atlantic nine baseball team. i inherited this card from my mother when she passed away. >> hi. i'm jamie. >> hi. i'm florence. >> heard you have a great story and a very strange inheritance. also heard you're a new york girl. >> yes. >> i'm from queens. >> i'm a brooklyn girl. >> uh-oh. 75-year-old flo lives alone and runs an electrolysis business from her house. what a lovely home. she explains that fate has handed her a very unusual
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inheritance in the form of a 2 1/2-by-4-inch antique baseball card. oh, my goodness. is this what i think it is, florence? may i touch it? >> sure. >> look at the players. 1860. >> before the civil war. >> and a relative of yours is in here? >> my great-great-uncle archibald mcmahon is in here. >> which one is he? >> we don't know. it hasn't been identified. >> well, can you make a guess on which one he might be? is there any resemblance to you or your parents? >> no. i couldn't figure it out. i was just looking at the ears, because that side of the family had big ears. >> who were the brooklyn atlantics? >> i think it's the oldest baseball team in history in brooklyn. ♪ >> at least one of the oldest, says ed elmore, captain of today's incarnation of the brooklyn atlantics. so brooklyn atlantics started when? >> they played a long time. they were recognized
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as the best team of the 1860s. >> baseball before the civil war? you can look it up. the first officially recorded game is actually played in 1846. and within 15 years, the sport is on the verge of a boom. these guys practicing today in long island, new york, use the same rules and equipment as old archibald did back then. was pitching different? >> the first 40 years, actually, of baseball was underhand pitching. for the first 20 years, if a ball was caught on a bounce it was an out. it was thought of as a gentlemen's game at the very beginning just by who was playing, not necessarily by how they played. >> so who is archie mcmahon? a butcher in brooklyn is about all flo knows. that's a sign of how organized baseball is evolving and becoming more democratic. it's no longer just a game played by wealthier men -- doctors, lawyers, and bankers.
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and although flo can't identify which one of these gentlemen is that great-great-uncle on her father's side, we can i.d. couple of his teammates. at far left is chris smith. two men to the right is shortstop dickey pearce, who's credited with inventing the bunt. looks like a straitjacket. baseball uniforms have really changed over the years. i can see why. got to love this cap, though. take me out to the ballgame. so this is the bat. i see they're not playing with gloves. what about the balls? >> well, i have just the man to talk to for that. wild horse. >> wait. wild horse? >> that's his nickname. he runs the bases with wild abandon. >> you make those? >> i start with a rubber center, two cords of yarn. everything was handmade.
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>> ready? >> all right. >> really? oh, no. no gloves. aah! oh. it didn't hurt that bad. have you heard of the name archibald mcmahon? >> he's listed in the roster of the 1860 atlantics. actually, he played center field, and he batted third. so that's an indication that he was one of the better hitters. >> after the 1860 season, however, he becomes a bit of an enigma. he may have played for a pro team in manhattan, but census records after the civil war show him working as a butcher in san francisco. after that, his only appearance in the public record is a mention in the 1928 obituary of his younger brother, john, a civil war veteran. >> in the obituary, it talks about his brother, how he loved baseball. >> the obituary reads, "he had a picture in his home of the original atlantics team,
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of which his brother, archibald mcmahon, was a member." when they mention it in an obit, you know the card is a true family heirloom. flo's father, joseph, is 17 years old when his uncle john dies. it becomes his strange inheritance. but it's his wife, mildred, who keeps it safe in their brooklyn home. >> my mother had had it in a fanny farmer box in a secret drawer in a piece of our furniture. >> when florence grows up, she moves to massachusetts, gets married, and then divorced. over time, the family is drawn back together by old age and illness. eventually, flo convinces her parents to move up to massachusetts and live with her. >> the fellow i was dating at the time was an architect, and he designed an addition for us. >> how much did that cost? >> $125,000. >> did you have that money? >> no. i had to remortgage the house. >> flo's dad dies in 1995.
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her mom, mildred, inherits the card. mildred is well aware flo has gone into debt and wishes she could help. but it never strikes her that she has the means until great-great-uncle archibald comes up in a genealogy class at the senior center. so he suggested that that card could be worth what? that's next. >> but first, our "strange inheritance" quiz question. who in 1888 declared baseball "the american game"? queen victoria of england, indian chief sitting bull, or poet walt whitman? the answer in a moment. oh, we love our new home. neighborhood's great. amazing school district. the hoa has been very involved. these shrubs aren't board approved. you need to break down your cardboard. thank you. violation. violation. i see you've met cynthia.
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♪ >> so, who first declared baseball "the american game"? if you picked walt whitman, you're right. in 1888, he wrote... [ crowd cheering ] >> long before the brooklyn dodgers and ebbets field, these guys, known as the atlantics nine, are kings of that borough's diamonds. this 155-year-old picture of the team has been passed down in florence sasso's family ever since. one of the team's stars, archibald mcmahon, was her great-great-uncle.
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flo's mom, mildred, is caretaker of the card for years. she keeps it squirreled away in a candy box and takes it with her when she moves into flo's house in great barrington, massachusetts. but neither she nor her daughter knows which guy in the picture is uncle archie. what'd she tell you about it? >> she said, "put this in with your genealogy." >> in the spring of 2015, flo's been digging into their family background at the free genealogy program at the local senior center. so do you bring the card to show the class? >> i brought the card to the senior center. he said, "oh, my god. it's perfect." >> "he" is volunteer steve strommer, who runs the class. >> my interest in genealogy started a long time ago. but it's taken on a life of its own, and it's pretty much an obsession. we couldn't find too much on archibald. but that was a very old card. and she said, "how much is this?"
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and i said, "well, i'll see if i can find out." >> are you thinking to yourself, "i really have something valuable here"? >> yes, i did. >> especially after steve spots on the internet an 1865 brooklyn atlantics card. it had gone for $92,000 at auction in 2013. florence's card is five years older and may be even more valuable. >> i used to wonder, "why do people jump up and down when something exciting happens?" and here i was doing that. >> pushing 101, flo's mother, mildred, isn't quite jumping up and down. but if she can help pay off the addition flo built for her, she's definitely up for some moneyball. florence, who has no children to pass the card on to, is game as well. that's when steve strommer suggests contacting an auction house. on your behalf? >> yes. he made the connection. >> i was just, you know, doing my job, just trying to facilitate getting
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this card in the right hands. >> strommer takes the photo home, scans it, and sends it to chris ivy, who specializes in sports memorabilia at heritage auctions in dallas. >> when the first e-mail came in with images, i showed it to one of my other experts. and we thought, "it looks right from the images, and we are looking at a very significant piece of baseball history here." the photo was in good shape. and the overall condition of the card is very strong. >> of course, it's not exactly the kind of card later generations will collect with bubble gum and wax packs. >> there was no bubble gum involved with this card, no. i don't think bubble gum was around, actually, until the early 1900s. it's considered a carte de visite, a cdv. >> a carte de visite, or cdv, was more like a business card or a souvenir handout at a time when photography was still a novelty. >> i think it was because they were the champions of the league and were proud of that and wanted something to commemorate
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it. >> while chris and his team evaluate the card, florence feels steve's way off base. he's taken control not only of the process but the card itself. i think this next part of the story goes under the heading "don't mess with a girl from brooklyn." >> was he looking for a piece of the action? >> he was looking for piece of the action, but i didn't know that. i went down to his house, and i said, "my mother would like to have the photograph back." and he said, "oh, it's safe with me." and i said, "no, and i'd like to give you some money for the work that you did at home." and he said no. >> if there was any disconnect, it was with flo, who, i guess, wanted to know if i was going to charge her anything. and she kept asking me quite often, you know, "keep track of your hours." >> i said, "just give me back the picture." >> and then, she would say, "i have to talk to my lawyer," and all of that. and i said, "fine with me." >> you had to get that card back. >> yes. >> that's next.
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>> here's another quiz question for you. it's a timeworn tradition, but who was the first president to invite a professional baseball team to the white house? was it coolidge, taft, or grant? the answer in a moment. there seems to be a massive disconnect between... ...what's going on in corporate america and what investors are believing is going on in corporate america. the message to you: don't trade because you think you're gonna to get rich quick. because you... ♪ the open road is open again. and wherever you're headed, choice hotels is there. book direct at choicehotels.com.
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♪ >> so, who was the first president to invite a professional baseball team to the white house? it's ulysses s. grant. the cincinnati red stockings, the first professional team, were grant's guests in june 1869. >> spring 2015, great barrington, massachusetts, and life's thrown florence sasso a curveball. she's in a feud with steve strommer, the genealogy instructor
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at her local senior center. >> and i went to the doctor. they doubled my blood-pressure medication 'cause i was so upset about him. >> she's taken a family heirloom, this 1860 baseball card of the brooklyn atlantics, which includes her great-great-uncle archibald mcmahon, and given it to steve. it may be the oldest baseball card in existence. and he's researching its value. but it appears to florence that he doesn't want to give it back. >> you went yourself to the gentleman's house to get it? >> yes. he really wanted to hold on to it. but i didn't trust him with it. >> so essentially, he was trying to help you. he just wanted to be paid. >> yes. >> i may have half tongue-in-cheek, half joking, said, "well, i'm your agent. 10%." but i wasn't really gonna charge her with that. >> you didn't want to pay him. >> i was going to give him a generous gift. but you're not allowed to give them even five cents if they're a volunteer of the town.
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>> at this point, both steve and florence learned that town employees may not receive additional income from their official duties. >> the interaction that was going on about being reimbursed was prior to my knowledge about the ethics of town employees taking money. >> so steve gives the photo back to florence. having benched steve, she reaches out herself to heritage auctions. a representative flies to massachusetts to bring the card in for authentication. heritage shows up at your house. >> within 24 hours. >> but while the auction house gets to work, flo's mother is admitted to the hospital with pneumonia. >> may 13th. she was 100 and sound of mind right till the end. and every night, she would just say, "thank you for taking care of me," and then a big smile, and she'd say, "did we get the money yet?" >> later that day, mildred sasso passes on. and what may be the world's oldest baseball card is now
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florence's strange inheritance. it doesn't take long to confirm the card is real. >> given the fact that it was in florence's family for nearly 160 years, that's great provenance. and provenance is always key. >> the 1928 obituary of archibald's brother, john, provides a crucial piece of evidence of the card's authenticity. >> that newspaper obituary noted that john was an ardent fan of baseball and he had an original photo of the brooklyn atlantics. so that obituary was referring to this very card. >> remember the 1865 brooklyn atlantics card that sold for $92,000? that kind of money would go a long way to paying off the debt flo incurred when she took in her parents. is her card in that ballpark? chris ivy thinks it is and knows exactly where to find out. >> one of the big ones. this was a family heirloom.
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♪ >> now back to "strange inheritance." >> in 1860, florence sasso's great-great-uncle and his teammates on the brooklyn atlantics posed for this photo. 155 years later, it may be the oldest baseball card in existence. florence is about to learn just how valuable that makes it. the auction house estimates its value at 50 grand-plus. that would help cover the $125,000 she spent remodeling her home to make room for her elderly parents.
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then again, another brooklyn atlantics card recently went for $92,000. an extra 40 grand would really help. in july 2015, enthusiasts from around the country gather in chicago for the national sports collectors convention. >> $9,500. now to $10,000. where are my cubs fans now? >> the highlight of the auction -- flo's 2 1/2-by-4-inch strange inheritance featuring the pre-civil war brooklyn atlantics. >> one of the big ones. this was a family heirloom. >> how proud are you when you see your family card in a catalog? >> everybody was so excited because they didn't know about baseball before the civil war. >> and it was a bit of brooklyn that you could bring to this town. >> that's right. >> you can follow the auction online, but florence is having computer problems. even so, she feels the same nervous anticipation palpable in that room. >> earliest known team card that we're aware of.
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what do we have for lot 009? >> $70,000. >> $70,000. this is gonna go big. $70,000. now to go to $75,000. >> from the start, the bidding is fierce. >> we've got captains of industry and people that are millionaires, billionaires. it's just people that have a passion to collect things. >> $85,000. now to bid $90,000. $95,000 to you, sir. i go you. $100,000. now to $110,000. >> like a sandy koufax fastball, the bidding quickly blows away the $50,000 estimate. >> $110,000. now to $120,000. this is really a smithsonian-type piece here. $120,000. now to $130,000. >> most collectors go into a live auction with a game plan. but you can get enthralled with the moment. so, you know, throw caution to the wind and start bidding. >> $130,000. now to $140,000. $150,000. now to $160,000. you want $155,000? you gonna walk away for five grand? $150,000. i've got it right here. who's gonna beat him? $150,000. anyone else? $150,000. bid $160,000? who's gonna beat him? anyone else now? anyone else?
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to white. $150,000. [ applause ] thanks very much. >> after the auction house commission is added, it brings the total to $179,000. and the winning bidder? >> a well-known 19th-century collector, but he didn't want to be revealed. >> the good news comes to florence from a surprising source. >> how'd you learn about it selling? >> steve, the genealogist, was following it on the internet. >> i saw the very end of the bidding for the card. and i called up flo right away and said, "this is great." >> and he called to say it was sold for $179,000. >> that beats flo's wildest expectations. >> i was just hoping to clear my mortgage, actually. >> so basically, the money that you'll get from your family card will help you defer the cost of taking care of mom and dad. >> almost to the penny. >> are you resolved now that whatever happened
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in the past is the past? >> absolutely. >> it worked out okay? >> i'm very happy. >> so is steve strommer, that he and flo are friends again. >> we're like brother and sister, basically. you know, she comes in. we'll go through a little bit of genealogy, find what happened to archibald mcmahon. >> and maybe someday they'll even figure out which one of these guys really is old uncle archie. so what ever became of the old brooklyn atlantic dynasty? up until 1869, all the players were amateurs. two years later, the national association of professional base ball players was formed. but the atlantics couldn't afford the cost of the new league, so they didn't join. some of their best players took a walk and signed up with pro teams. i don't get to walk. i got to hit the ball. all right. let's send one down the pike. let's see what you got.
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oh. i'm jamie colby for "strange inheritance." and remember -- you can't take it with you. dagen: good morning, everybody, i'm dagen mcdowell in for maria bartiromo, monday june 22nd, top stories at 6:00 a.m. eastern. breaking news. the senate proposing $2.3 billion deal to acquire minority stakes in nokia and erikson in challenge to hauwei. maria speaking to attorney general william barr on sunday morning futures. >> companies like erikson and nokia are the strongest western competitors in this sector, ultimately the west has to
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