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Ontario News

A multimillion-dollar box of hockey cards is going back up for auction after a failed transaction.

Back in April, CBC confirmed that Ontario-based real estate agent Jack Arshawsky won the auction for a case containing thousands of unopened 1979-1980 O-Pee-Chee brand hockey cards — the set that contains Wayne Gretzky’s rookie card — for $3.72 million US.

But Heritage Auctions, the Texas-based company that put the cards up for sale, said that money never came through and it is moving on after the botched deal.

In April, Arshawsky said he had not paid the full amount for the cards and wanted them to be safe at Heritage Auctions until he could find a good location for them.

In a phone call with CBC this week, Arshawsky said that he’s not sure what happened, but mentioned that when wiring large amounts of money, it can “disappear in cyberspace” and take a …

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