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Lou Gehrig, known affectionately by fans as “The Iron Horse,” was one of the most popular professional baseball players of all time. Gehrig’s collectibles are extremely rare and desired by New York Yankees collectors for two reasons: He played in an era in which very few baseball cards were printed; and his tragic death at age 37 from amyotrophic lateral sclerosis (ALS), a disease that now bears his name, makes his autograph very uncommon.

Gehrig enjoyed an absolutely remarkable 17-year career with the New York Yankees. Though h...

The New York native made his Yankees debut in 1923. By the middle of the decade, Gehrig was considered the best first baseman in the league. Despite his success and fame, Gehrig didn't get his own mainstream baseball card until 1932, although this was largely due to the weak baseball-card market after World War I.

By the time U.S. Caramel released a Lou Gehrig card in ’32, Gehrig was at the top of his game. And even though the U.S. Caramel card is Gehrig's first, it is by no means his most popular, in part because it's difficult to find in high-grade due to toning problems and poor print quality.

Three Gehrig cards were published in 1933, one by DeLong and two by Goudey, which produced its first set that year. The DeLong card, which depicts a giant Gehrig finishing his sweet left-handed swing while standing on top of a miniature baseball field, is considered by many to be Gehrig’s most difficult card to find, and because of its very narrow borders, the card suffers from poor centering. The two Goudey cards, in comparison, are not quite as rare. Consequently, they are underrated by many collectors.

Lou Gehrig baseball cards reached their high point in 1934. That was the year Goudey released a set known to many collectors as the “Lou Gehrig set” because it featured the words “Lou Gehrig says…” on the front of each card, with a Gehrig quote on the back. Other players would have done well to listen to what Gehrig was saying as he had an amazing ’34 season, hitting .363 with 49 home runs and 165 runs batted in en route to winning the American League Triple Crown.

Gehrig was featured on two cards in that Goudey set, and they are largely considered his most popular cards, with #37 being the more popular of the two. It shows a close-up of Gehrig’s smiling face against a yellow background. While #61 is overshadowed by #37, it, too, is a magnificent card, with Gehrig cocking his Wilson A1340 bat back over his left shoulder, facing front.

Through the first half of the 1938 season, Gehrig continued to produce for the Yankees and was well on his way to being the greatest player ever. Then, suddenly, Gehrig began to struggle. His difficulties carried into the 1939 season as well. It turns out that Gehrig’s problems were due to ALS, now known as Lou Gehrig’s disease.

On May 2, 1939, Gehrig took himself out of the lineup for the first time in 2,130 games. One of the most famous and collected photographs of Gehrig comes from that day in Detroit. It is a picture of Gehrig in the dugout, tears in his eyes as the fans applaud him for his streak. Shortly after that event, Gehrig informed Yankees’ manager, Joe McCarthy, that he was quitting baseball because he was no longer helping the team.

On June 19, Dr. Charles Mayo diagnosed Gehrig with ALS. He formally retired two days later. On July 4, the Yankees held Lou Gehrig Appreciation Day, during which Gehrig uttered his famous line, “Today I consider myself the luckiest man on the face of the earth.” Pictures and statues of that emotional day are treasured by Yankees collectors.

By the end of the year, Gehrig had been elected to the Baseball Hall of Fame in a special election—the usual waiting period after retirement was waived for the sickly Iron Horse. Less than two years later, on June 2, 1941, Gehrig died.

During Lou Gehrig Appreciation Day, the Yankees retired Gehrig’s #4, making him the first major-league player ever to have his number retired. Not surprisingly, game-worn Gehrig jerseys are highly collectible today, though they are maddeningly difficult to come by. Autographed Gehrig jerseys are even more desirable.

Despite the premature end to his career, Gehrig left baseball with some astronomical statistics. He was a career .340 hitter with 493 home runs, which placed him third all-time when he retired. He still holds the record for most career grand slams, 23.

Gehrig’s enduring popularity, which is reflected in the high prices for his collectibles, was reinforced in 1999 when he was the leading vote recipient for ESPN’s All-Century baseball team. To earn that distinction, Gehrig beat out teammate Babe Ruth. Photographs of Gehrig and Ruth together are very collectible, as are items autographed by both players or the entire Yankees team from the 1920s through the 1930s. Hall of Fame busts are also highly prized.

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