The first series of cards in the T206 set were issued beginning in 1909 in cigarette and loose tobacco packs through 16 different brands owned by the American Tobacco Company. It is a landmark set in the history of baseball card collecting due to its size and rarity, with cards of over 500 major and minor-league players issued in the set through 1911. It is known informally as the "White Border" set due to the distinctive white borders surrounding the quality color lithographs on each card.

There are three different Frank Chance cards included in the T206 set. This version, which features a portrait of the Hall of Famer in front of a yellow background, is the most common of the three. Centering is northwest on the canvas, with soft, rounded corners and edges consistent to the grade. Some surface abrasions create a bit of color loss on Chance's left shoulder and above the Cubs logo on his chest, while some light tobacco staining particularly around the edges keeps the card from grading higher. The Polar Bear back is dark and bold, but some snow and more tobacco staining along the left edge further explain the card's technical grade.