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1948 Chicago Cubs program
A 1948 Chicago Cubs scorecard/program is worth $30.-$40.
As with all collectibles, condition is the most important factor of all providing that the item is authentic. With programs/scorecards the slightest flaws will bring the price down significantly. An exceptional mint condition scorecard could sell for more.
Common flaws would be staining, foxing (yellowing), fading, creases, rips, loose pages, cracked binding, and writing on the cover. Un-scored programs will generally sell at a higher price than a scored program but sometimes it doesn't effect value. The over all condition, and how well the cover displays will.
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