Graded PR-FR 1 by PSA. E103 Williams Caramel of Honus Wagner, one of the key cards of this very rare and classic 1910-era candy set. This is one of Honus Wagner's most striking cards, featuring a portrait image reminiscent of the pose that appears on his famous T206 card. The E103 set is easily distinguished from other caramel sets of the era by the deep red background highlighting each player's portrait. As noted on each card along the lower margin, the Williams Candy Company was in Oxford, Pennsylvania; this candy was very likely issued on a somewhat regional basis, which would account for the cards' great rarity. When they are found, they usually have serious condition problems, which is not surprising considering that these cards were issued to children, one card per package of candy. This is an especially pleasing example for the grade assigned by PSA. Centered slightly to the right, with heavily rounded corners, and several creases. The blank reverse has a tape stain. Despite the flaws, as can easily be seen, this is a particularly attractive low-grade example of one of Wagner's most desirable and striking cards. Reserve $500. Estimate $1,000/$2,000+.