If the current value of the baseball car is 50 times its original value, its original value will be its current value divided by 50.
Let [tex]v[/tex] represent the current value of the baseball card. We know form our problem that $62 is 50 times the original value, [tex]v[/tex], of the baseball card, so translating this statement to an equation we get:
[tex]62=50v[/tex]
[tex]v= \frac{62}{50} [/tex]
[tex]v=1.24[/tex]
We can conclude that the original value of the baseball card was $1.24.