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Lot
81923

1989 Pete Rose Signed Banishment from Baseball Official Document....

2014 May 15 - 17 Sports Collectibles Catalog Auction - Dallas #7105

 
Sold for: Not Sold
Auction Ended On: May 16, 2014
Item Activity: 1 Internet/mail bidders
1,332 page views
Location: Heritage Auctions
3500 Maple Avenue
Dallas, TX 75219

Description:
1989 Pete Rose Signed Banishment from Baseball Official Document.

"I'm sure that I'm supposed to act all sorry or sad or guilty now that I've accepted that I've done something wrong. But you see, I'm just not built that way."

Pete Rose was built to win. Ty Cobb, from whom he wrenched loose perhaps the most significant record in professional baseball, was precisely the same, a man whose fierce competitive nature drove him to the pinnacle of athletic achievement, and nearly to ruin. The fact that one owns the first bronze plaque hung at Cooperstown and the other is now marking a quarter-century of exile from organized ball is much more of a commentary on their respective eras than on the depth of their respective sins. Cobb came within a hair's breadth of joining Shoeless Joe Jackson in baseball ignominy, permitted along with Tris Speaker to resign from baseball and then to return to service with the Philadelphia Athletics, purportedly after threatening to expose further corruption within the Majors should their names not be cleared.

While Rose remained steadfast in his claims of innocence, the evidence was particularly damning: testimony from his teammates, betting slips with his handwriting and fingerprints, phone calls to bookies. Rose wagered $8,000 to $15,000 a day on baseball at his peak, losing $88,000 in a three-week span to one bookie, and a six-figure sum to another, according to a Sports Illustrated report.

It took fourteen years for Rose to end his campaign of false denials, followed quickly by the suggestion that his decision to finally say "Uncle" should put the entire matter of banishment to rest. But, more than a decade later, Charlie Hustle remains on the outside looking in.

Presented is one of the most important baseball documents ever made available to the collecting public, Pete Rose's personal copy of his five-page banishment order, signed on the final page by Rose, Commissioner Bart Giamatti, Fay Vincent and a lawyer for Rose. The text discusses various covenants between the two parties but the essence is distilled in a single line on page four:

"Peter Edward Rose is hereby declared permanently ineligible in accordance with Major League Rule 21 and placed on the Ineligible List."

The document remains in perfect condition, with all aforementioned signatures remaining as bold as the date of their application, housed in its original "Katz, Teller, Brant & Hild" law firm envelope.

As the career of Pete Rose retreats ever deeper into the past, we expect that public sentiment will follow the path of Shoeless Joe's, and his collectible value accordingly. If such a document relating to the banishment of the Black Sox outfielder existed today, its price tag would contain seven figures. This fact bodes well for the investment outlook for the document that made baseball's all-time Hit King the most decorated exile in sports history. Full LOA from PSA/DNA. Full LOA from James Spence Authentication. Letter of provenance from Pete Rose.

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