Lot # 1340: 1932 Herb Pennock Signed Draper-Maynard Endorsement Contract

Starting Bid: $300.00

Bids: 6 (Bid History)

Time Left: Auction closed
Lot / Auction Closed

This lot is closed. Bidding is not allowed.

Item was in Auction "REA Spring 2016",
which ran from 4/5/2016 12:00 PM to
4/30/2016 9:00 PM

One-page endorsement contract, dated September 25, 1932, between Hall of Fame pitcher Herb Pennock and the Draper-Maynard Company (D&M), signed by Pennock. The agreement, typed on Draper-Maynard company letterhead, allows D&M the exclusive right to use Pennock's name on "gloves, mitts or other advertising material in connection therewith." In exchange, D&M "agrees to furnish Herbert J. Pennock baseball gloves or mitts made according to his specifications, to be billed at $1.00 each." The document is flawlessly signed in black fountain pen (grading "10") by "Herbert J. Pennock." The contract does not specify how long the agreement will be in effect, nor is it signed by a D&M official. Pennock was at the tail end of his career in 1932. He played one more year with the Yankees before finishing his career in 1934 with the Red Sox. A key member of the 1927 New York Yankees, Pennock won 240 games over the course of his twenty-two seasons. He was elected to the Hall of Fame in 1948, the year of his death. The contract (8.25 x 11 inches) displays two notebook holes along the top border, and a small area of light discoloration along the top right edge. In Excellent condition overall. Auction LOA from James Spence/JSA.

Reserve $300. Estimate (open).

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