The 1936 R312 Goudey baseball card set is one of the most iconic and valuable sets in the history of the hobby. Issued by Goudey Gum Company, the set featured over 150 players from both the American and National Leagues at the time. While production numbers are unknown, collectors estimate only a few hundred to a few thousand sets were produced in total making individual cards incredibly rare today.
One of the most notable aspects of the 1936 R312 set is the inclusion of legendary players like Babe Ruth, Lou Gehrig, and Joe DiMaggio in their early careers. Ruth and Gehrig especially hold immense value as they were still in their prime playing years for the New York Yankees dynasty of the late 1920s-1930s. Getting a glimpse of these future Hall of Famers so early established the set as one to be remembered. Beyond the star power, the colorful art deco design scheme made the cards instantly collectible even in the 1930s.
In the early days of the hobby in the 1950s-60s, the 1936 R312 cards were readily available in dollar boxes and dime stores. As interest grew and the original collectors aged, these early treasures started disappearing from the marketplace. By the 1970s, the set had developed a strong cult following and individual high-grade copies of the most coveted players fetched hundreds of dollars. This marked the first time vintage cards reached four-figure prices and signaled their emergence as a true investment class of collecting.
In the modern era, the 1936 R312 set is among the pinnacle collections any serious vintage card investor hopes to acquire. Here is a breakdown of some of the most valuable and desirable individual cards from the set along with their estimated values in top near-mint to mint condition:
Babe Ruth: The king of the set, Ruth’s card routinely sells for well over $100,000 when high-graded. In pristine mint condition, it has reached $275,000 at auction.
Lou Gehrig: As one of the other legendary Yankees of the era, Gehrig commands big money. Near-mint copies have sold for $50,000 while a recent mint copy made $110,000.
Joe DiMaggio: Arguably the most coveted non-Yankee, Joltin’ Joe still brings top dollar. Near-mint recently hit $45,000 with higher grades bringing over $100,000.
Dizzy Dean: The flamboyant pitcher peaked collector interest outside of Yankees. Near-mint has reached $25,000 with a recent high grade copy making $60,000.
Jimmie Foxx: One of the game’s early power hitters, Foxx consistently sells in the $15,000-30,000 range for top copies.
Mel Ott: As a star for the New York Giants, Ott remains a blue chip. Near-mint recently sold for $18,000.
Lefty Gomez: The ace of the Yankees’ staff, Gomez sells near Lou Gehrig’s level around $50,000 mint.
Bill Dickey: The Yankees’ catcher sees about $10,000-15,000 for his top-graded copies.
Mickey Cochrane: The Tigers’ star commands $7,500-12,000 for his best-preserved cards.
Beyond the headliners, there are still numerous other stars from the era that can reach $3,000-7,000 depending on condition grading factors like centering, corners, edges and surface quality. Even common players set collectors at $500-1,000. With such low surviving population numbers, there is immense upside potential if an undiscovered gem copy were to surface in the future. The 1936 Goudey R312 set established the modern collectibles market and remains one of the true blue chip holdings for any serious vintage sports card investor. With iconic players and stunning visuals, it is a set that will always be in high demand.