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tv   Strange Inheritance  FOX News  January 31, 2015 5:30pm-6:01pm PST

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>> do you have a strange inheritance story you would like to share with us? we would love to hear it. send us an e-mail and go to the website. strange inheritance.com. >> found in grandpa'satic. >> it was a dirty dusty old box and i don't know what it is. >> it is a discovery that makes the baseball world flip. >> ty cob. and cy young and christie mathison. >> i have a million dollar signature. >> is it almost to which of a good thing? >> it certainly changes the market in a negative way. >> i am jamie colby and today i am in northwest ohio on an edge
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of the area call canned the great black swamp. and here to meet a family who lived here more than a hundred years and when they unearth their strange inheritance. they give it a code name, the black swamp find. >> in 2011, my cousins and i inherited the family home from our aunt. she left us a note, we would find things in the home that we never anyhow existed. >> carl, a restaurant owner invited me to the family home in ohio. >> carl, i. i am jamie. >> very good. pleasure to meet you. >> is this the family home in >> this is grandma's home and i will show you around. >> the house came in carl's family in 19where are nine. nneat old place but needs tlc.
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>> are you saying be careful? >> yes. >> in 2012, carl and his cousin start the daunting task of cleaning out the home. and after several weeks of sorting through the house only the a ttic remains. carl and his cousin carla decided to tackle the project. >> look at this place. >> the a ttic is empty now but not that day. they walk in and found century's worth of dusty boxes and family heir looms. >> all the way up to about here and just a path down through the middle. >> after several hours, they uncover a box hugging the back wall and contains something that the two cousins never saw before. >> i opened up the dirty hold
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box. i don't know what it is. >> the cousins so cardboard phototightly wrapped in twine and recognize the familiar faces. >> it is baseball players. cy young and ty cob. and they it are not baseball cards, not to it us. we get one out and look at the back and they look like baseball cards and miniaturized and no who made it or nothing. >> how many are you talking about? >> hundreds. >> and you can see the box and take them out. what do you and carla say. >> we sat them on a dresser in the hallway and dove back in the a ttic >> was it something that she collected out of a cereal box or back to his grandfather? >> he is a german imdprant and worked his way down through
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chicago and in to the ohio valley. >> he's chasing the american dream to it own a home and start a business. carl's a butcher by trade and 190 foif, he scraped enough to open his own shop. and the carl inch meet market. he sells candies and other grocery items. >> was he successful? >> very successful. he was well known. >> and in 1909. he marries his love jenny and starts a family and buy a dream home. by now baseball is the national past time and decades, various companies used baseball card cans to sell their products. >> it came in packages of tobacco and one of the first opportunities for the average citizen to own a real photo. >> candy companies jump in the game.
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carmel card helps to sell the sweets and top players of the day. wagner. and ty cob. and cy young. >> children love the candies and the cards more. >> they played and trading. and card flipping games with them. >> all they know at that point, the cards may have come from their grandfather's store. >> our guess is that he would have given them away as promotional item. and like a good businessman when you have left overs you save them. >> he tells his cousin. he will fine out. it sits on the the dresser and almost gets thrown out several times before carl brings it to the restaurant to research the cards on line. after a few days, he has leads. >> i was looking at a 1909 carmel card and i am going not
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ident ical but this is too close and estimated value on this card of 15000. carl discover a ty cobb card recently solid for $40,000. and i have a box full of them and they are pristine. >> you are sitting on a bundle of money. >> at that point, the heart is starting it race and i am thinking to it myself. i have a million dollars sitting in a chair. >> a lot more than that if that is carl can confirm his cards are real. >> you are skeptical and looking to a phone call that turns out to be gold. >> that's next. >> first our strange inheritance quiz question. which gets credit for setting off the rookie card craze? >> mickey mantel or nolan ryan.
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or 1984 don russ mattingly. or upper deck ken griffey junior.
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>> and the grandchildren of carl and jenny hench are cleaning out the home. they found a dust covered box containing vintage baseball cards. >> i had went to theauk sites and i am seeing a ty cobb for 40000 and i am looking at what i have, going mine is better. >> the box carl found in the a ttic not only cobb known as the george why peach but not just one of each player. in all 800 cards most in pristine condition. >> it takes it out of a scope and a realm and you are not sure how to handle it. >> step one, find out if the cards are real. carl reaches out to expert peter
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calderon in dallas. >> i receive the a cryptic phone call. and on a daily basis we receive phone call ands always a reprint. npeter tells carl to take photos and he will take a look when he gets a chance. >> when i got the first picture, this is going to be foiled in too good to be thorough. they looked amazing and nothing about them that suggested they were not real and the next plan, we talked about him sending me a sample of the cards. there was a note. call me before you open. >> and box arrives in heritage auction in dallas. >> i gave him a call and a moment of silence that feels like ten minute ands it is a matter of seconds. and i pulled out a large plastic holder and then there is a holy
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(bleep). i was just floored. i had no idea when a hundred-year-old baseball card looked like brand new. >> i know these are real. ncarl has one more bombshell. >> and his next question is do you have more. >> yes, hundreds of >> i would have been happy if it was eight cards that is a find of a lifetime. ♪ >> carl dubbed them black swamp find after the nickname for the seconds of northwest ohio. they are shipped in a armored truck to dallas and looked in a safety vault. each card was grounded on a scale of 1- 10. and carl goes with professional sports authenticator. and i meet up with joe orlando
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president of psan at national sports collector convention for a crash course in grading baseball cards. >> why is this only a one. >> if you look at the card. you can so all of the defects and multiple creases. this is eight and is that mint? >> you look really, really close, there is tiny white pieces of wear on each corner and that is the difference between an 8 or 19or 10? >> tiny inperfections can make a difference of the thousands of dollars. >> this is psan eight roughly 100. if it was a nine north of 1000. and ten, north of 5000. >> what about the black swamp find? do carl's cards make the grade. >> what was your reaction when
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you saw the first card? >> it was mind blowing. >> the highest grade psan ever gave to a card was a seven. carls cards beat that. >> it was a ty cob. psis a midninth. little did we know there were 15 more and hundreds of high great 8, 9 or tens in the set. >> sounds pretty good, right? not so fast. the collection doubles the noun population and the unprecedented size and quality of the fine could crash the baseball card collector market. will carl's inheritance end up being too much of a good thing? >> if you were to flood the market at one time, it would diminish the value of the entire find. >> this is another quiz question for you. what is the most paid for a babe
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>> so what is the most ever paid for a babe ruth baseball card? b. 517000. and for a rookie card solid in 2008. >> in 2012 in defiance, ohio. carl discovered 800 vintage baseball cards in the a ttic of the old family home. they remain in near mint
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condition and that is rare. and before the collecting craze in the 1980, cards were fun toys to be used in bike wheel spokes or flipping games like this one. >> i will toss a card picture or staff. and if you match my card you keep my card and yours and if you don't. i get to go home with your card. >> here goes. stats up. >> and picture. >> i am a winner. ♪ >> fortunately for carl, his grandfather was not interested in such games and the collection could be worth millions if they play their cards right. you see, selling the black swamp find could flood the market and drive prices down. >>ut baof the size and quantity
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involved there was concern of the value. one of each player that would have been ideal. >> herit agauctions proposes a series of sales. >> and sell them over a number of years. >> carl runs the estate on behalf of the 20 each family member can either join a consortium to sell the cards or keep their share as a family heirloom. did anyone keep their cards? >> no. >> really? >> some of them did. >> but most family members agreed to team up and sell the cards gradually. peter calderon tallies the numbers and comes up with what carl might expect if all goes right. nearly $3 million. for carl it's a staggering sum. >> we're stunned. this is something we almost threw in a dumpster.
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>> in august 2012 in baltimore camden yards ballpark, they put the first 37 cards up for auction. >> they were the best of the best. they were the best graded cards out of all of them that we had graded. >> ladies and gentlemen, let's do lot 001. it's the 1910 e-98. >> in bidding, it's fast and furious. the family sees one lot of cards go for $40,000, a second lot of 27 cards goes for $286,000. but the real cleanup hitter of the night, the only psa gem mint 10 graded card, a hall of famer honus wagner in existence. >> $240,000 solid. anyone else? done, $240,000. >> we're flabbergasted. this is a wonderful gift from our grandfather and from our aunt. what more can you ask for? >> the family's total for the
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night -- $566,000. it's a very promising start, but they've also sold their best cards. does it still have enough gas in it to get the hendsch grandchildren to their $3 million goal? that's next. [ hoof beats ]
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and created programs that encourage people to take their medications regularly. introducing cvs health. a new purpose. a new promise... to help all those wishes come true. cvs health. because health is everything. now back to "strange inheritance." >> karl and his family are slowly selling off their strange inheritance. 800 rare vintage baseball cards. the collection is valued at around $3 million. an initial auction of their best cards has already brought in $566,000. and the family still has plenty of high-grade hall of famers to sell. in october 2012 and may 2013, two online auctions with some help from legendary manager connie mack rack up $419,000.
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then in august 2013 in chicago, a psa 8 minor brown pitches in to help the team ring up another 228k. and in the big apple in february 2014, a psa 8.5 johnny evers and mint 9 frank chance assist in a $300,000 haul. two more online auctions raise the total to $1.7 million. on july 31st, i joined karl and his cousin, karla, at the 35th national sports collectors convention in cleveland for their latest auction. got a fired-up crowd here tonight. what do you think, karl? >> it's exciting watching everybody and listening to the on-floor bids. you get into the feel of it, the mood of it. >> bid what you want. the last person standing with their hand in the air gets the item. >> apparently people have money.
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>> yeah. >> at the end of tonight, you may, too. >> reporter: up first for karl and karla tonight, the georgia peach. >> this is a 1910 e-98 730 ty cobb, psa mint 9. are you serious? yes, we are serious. $26,000. $27,000. anybody else? >> when the auctioneer kind of slows down like that, you know it's getting -- it's getting good. >> yeah. >> $28,000. >> congratulations. >> yeah. >> reporter: now stepping up to the plate, a psa mint 9 honus wagner. >> honus. >> come on, honus, baby. >> another bidder just jumped on. $33,000. >> reporter: the bidding ends at $33,750. yeah, very good. all right. their weekend earnings including
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online sales total $133,000, lifting the black swamp find total to $1.85 million. are you satisfied? >> i'm ecstatic, and you know the person that's buying it wants it and appreciates it, and he's going to add it to his collection and maybe he'll pass it on to his family. >> reporter: a box stored and forgotten in the attic for over a century eventually changes a collectibles industry forever along with the lives of the 20 hench grandchildren. so far the black swamp find is like a slugger with 40 home runs at the all-star break, well on track to surpass the goal set by peter calderon. >> there's still ten more sets to sell, and we're still averaging almost $200,000 a set. >> reporter: and in the card collecting market, the game's never over till the last man is out. what would grandpa say? >> i think grandpa would be stunned, amazed and pleased. i'm sure that he is because i'm sure that the whole family is up
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there looking down with big smiles on their faces. >> reporter: what's a black swamp find? some guys' mom throwing out his baseball card collection? karl thinks so. when he made his big discovery in the attic, he saw several wrinkled and grimy cards strewn along the floorboards. karl believes they went flying during one of his grandma jenny's cleaning purges. when she'd pitch boxes of junk right out the attic window into a big mound below. thank goodness she never got hold of that one box in the corner. i'm jamie colby for "strange inheritance." thank you so much for joining us, and remember, you can't take it with you.
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do you have a strange inheritance story you'd like to share with us? we'd love to hear it. send me an e-mail or go to our website. strangeinheritance.com. hello and welcome to "justice." i'm judge jeanine pirro. thanks for being with us tonight. you know, that five-for-one bergdahl gitmo deal stunk from the get-go. why release those five? the worst of the worst, the upper echelon of the taliban, commanders, recruiters, not simple battlefield soldiers. rehabilitated, reformed? their sole mission is to battle and die defending allah. death is the culture that they live in. so what's the point of releasing them? you don't let a baby swim in shark-infested waters because the outcome is inevitable. but the obama

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