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Rare Mickey Mantle rookie card sells for $525k

A rare Topps 1952 Mickey Mantle rookie card has sold at auction for more than $500,000.

Dallas-based Heritage Auctions said the pristine card sold Thursday night for $525,800 to a collector who wanted to remain anonymous. A Heritage statement said the price set a record for a Mantle rookie card.

The '52 Mantle rookie card has long been the most valuable postwar baseball card, with comparable examples selling for $386,000 to $486,000 over the past year.

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The Mantle card was part of a 407-card set Topps distributed in 1952. However, as a rookie card, it was a "high number" card that didn't reach the Topps distribution chain before the end of the 1952 season.

As a result, only a relative few of the cards were distributed to stores in the northeastern United States and Canada with the rest dumped at sea.