Colector-grade Sporting Life premium from the 1904 folio, featuring a composite image of the Pittsburgh Pirates.  The image includes famous Horner portrait photography of 18 players plus manager Fred Clarke (HOF), highlighted by Hall of Famer Honus Wagner, in the same image featured on his T206 card.  The premium is well-worn, in POOR condition, heavily trimmed at all four borders, with heavy toning and soiling, some creasing and edge chipping as well as some smaller edge tears.  One large tear is visible at the right edge, extending into the photo of catcher Harry Smith.  Regardless, a desirable early collectible featuring Honus Wagner's famous T206 image.