The card sales of $ 2.7 million set a record in the Michael Jordan item

As a 58-year-old, Michael Jordan is still reaching new heights.

Goldin Auctions, out of its private sales department, completed the most expensive sale of goods worldwide when a 1997-98 Upper Deck Game Jersey game worn patch card with an autograph on the card sold for $ 2.7 million over the weekend. It beat the all-time Goldin Auctions record of $ 2.1 million β€” contained the same kind of, but differently numbered, card.

The $ 2.7 million Jordan card is classified as 8 Near Mint-Mint by Beckett Grading Services (BGS). Jordan’s autograph was given an 8 grade and is numbered 6/23. The identity of the seller and buyer was confirmed to ESPN on condition of anonymity.

As popular as Jordan’s 1986-87 Fleer rookie cards have become-Jordan card sales rose 370% on eBay in April 2020 following the release of “The Last Dance” -Upper Deck 1997-98 may be Jordan’s most important: It is the first example of a Jordan-autographed memorabilia card in a set.

β€œFor people who want to own the absolute best [of Jordan], “says Ken Goldin, founder of Goldin Auctions,” this is the flagship card. It’s the first jordan gameplay jersey in a set it’s signed, it’s from a known and specific game β€” which is very unusual in trading cards in 2021 β€” back from an era where they still did. “

There has recently been an industry trend where card makers have become more vague about the origin of relics inserted into cards; what used to be “game-used” and “game-worn” has become “player-worn”. Increasingly, the cards will contain the phrase “the relics of this card are not from a particular game, event or season.”

But this card’s jersey patch is the game worn from the 1992 NBA All-Star Game, remarkably as it served as the ceremonial farewell to Magic Johnson, who retired on November 7, 1991. Magic was a fan voice to the game, scoring 25 points and was the MVP of the match. Jordan scored 18 points.

“On the heels of Fanatics trading cards, which are valued at $ 10.4 billion, the market needs five to ten times. I think we’ll see tens of thousands of new collectors around the world get trading cards over the course of the next five to 10 years, “Goldin said. “A percentage of that will not be satisfied by buying, no matter what new releases there are in 2024 and 2028. Some would like all-time great, and in basketball it’s Jordan, LeBron [James] and Kobe [Bryant].

“For people in my era, the undisputed GED is Jordan, so it would make sense that when people get into the hobby, they will push against his deep card – like this.”

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