1997 Michael Jordan Card Sells for $350,000
Saw this and figured it was worth posting. Rare 1997 insert, only 10 made and this was even "altered":
https://sports.yahoo.com/extremely-rare-michael-jordan-card-sells-record-price-ebay-192430525.html
So games are still cheap? I collect Ripkens and while Griffey paces the "modern" MLB era, Jordan paces all sports (that aren't pre-war / and early 1900s) bar none. His market is insane and basketball has worldly appeal in Asia especially, so Jordan collectors are literally all over the world. Video games are still segmented in that respect as we have NTSC / PAL and most stay within their own region.
This is also interesting that while this is one of Jordan's rarest cards from a marquee insert set, it's not his rookie. His Fleer Rookie is still a very expensive card in PSA 10 shape (
$20-$25k) but nowhere near the top of the hobby.
https://sports.yahoo.com/extremely-rare-michael-jordan-card-sells-record-price-ebay-192430525.html
So games are still cheap? I collect Ripkens and while Griffey paces the "modern" MLB era, Jordan paces all sports (that aren't pre-war / and early 1900s) bar none. His market is insane and basketball has worldly appeal in Asia especially, so Jordan collectors are literally all over the world. Video games are still segmented in that respect as we have NTSC / PAL and most stay within their own region.
This is also interesting that while this is one of Jordan's rarest cards from a marquee insert set, it's not his rookie. His Fleer Rookie is still a very expensive card in PSA 10 shape (
$20-$25k) but nowhere near the top of the hobby.
Comments
How dare someone pay exorbitant amounts of money for a collectors item when they can feed the homeless with their money.
I can think of so many ways to better spend $350000
Why don't they just buy a normal Michael Jordan card for cheap? I just don't get it. So it's a rare variation with different markings on the back? Big deal, I have a stack of Jordan's in my closet. Maybe I'll clean my teeth with it.
I'm totally not envious of the money people have to throw around
RREEEEEE
I saw this. My brother and I were huge Jordan collectors back in the day. Therefore, anything Jordan always gets my interest. I always knew this card was expensive but never knew why. Like you said its not even his rookie card. Inserts ruined the hobby for me but obviously I'm in the minority. I'm always up for purchasing odds and ends from his early days though!
Yeah, I still don't get the appeal for this particular card.
I see this as no different than spending huge money on fine art. Would anyone cringe at a couple million dollars being spent on a famous painting? The only difference here is that the art happens to have been crafted using design tools instead of brush and canvas
I saw this. My brother and I were huge Jordan collectors back in the day. Therefore, anything Jordan always gets my interest. I always knew this card was expensive but never knew why. Like you said its not even his rookie card. Inserts ruined the hobby for me but obviously I'm in the minority. I'm always up for purchasing odds and ends from his early days though!
Yeah, I still don't get the appeal for this particular card.
It's "THE" insert set of the 90s. As opposed to "a" insert set of the 90s. The Emeralds (1 of 10) and Reds (1 of 90) make up the 100 card insert set and it pretty much acts as the ceiling card for anyone in the set. It also launched more Precious Metal Gem sets in future years, so the 1997 ones are always looked at as the beginning.
Also, this was a $91k card 3.5 years ago, not bad to basically quadruple over 4 years.
https://www.cardboardconnection.com/1997-precious-metal-gems-michael-jordan
I saw this. My brother and I were huge Jordan collectors back in the day. Therefore, anything Jordan always gets my interest. I always knew this card was expensive but never knew why. Like you said its not even his rookie card. Inserts ruined the hobby for me but obviously I'm in the minority. I'm always up for purchasing odds and ends from his early days though!
I always saw it the same way.
Jone,
How many of these cards exist?
I saw this. My brother and I were huge Jordan collectors back in the day. Therefore, anything Jordan always gets my interest. I always knew this card was expensive but never knew why. Like you said its not even his rookie card. Inserts ruined the hobby for me but obviously I'm in the minority. I'm always up for purchasing odds and ends from his early days though!
I tried getting into cards for a bit but when you open a pack and every other card is a 1/99 or 1/50, everything felt too artifical, but I get that artificial rarity is the name of the game with cards and this is an important set. Meanwhile I totally "get" why an Ancestral Recall nobody plans to actually use for play sells for $5k in MTG, so I'm sure sports card people are just one step past that in their pricing logic.
For $350k I sure hope this guy already has a wall of game worn jerseys, autographed balls, and the original draft script to Space Jam, because $350k would probably get you some serious MJ merch!
I saw this. My brother and I were huge Jordan collectors back in the day. Therefore, anything Jordan always gets my interest. I always knew this card was expensive but never knew why. Like you said its not even his rookie card. Inserts ruined the hobby for me but obviously I'm in the minority. I'm always up for purchasing odds and ends from his early days though!
I always saw it the same way.
Jone,
How many of these cards exist?
10 Greens. Market availablility, maybe once every few years.
why is there no grade anyhoo?
Damn card looks worn to hell haha (unless the metals normally have all that edge wear), what a fetched price!
why is there no grade anyhoo?
Card are notorious for their wear, was a new coating technology and stuck to cards / packs. Looks like people would rather just have it slabbed as authentic than have a low grade put on it. Authenticity is what matters and they all will have wear.
I think the big question that needs answered is whether or not it was a "single buyer"?
Was wondering the same thing. And was one of the founders of PSA one of the buyers?
Gotta love the state of this hobby when one of the first thoughts in our heads is "conspiracy". Though prehaps it says something about us rather than the hobby.
I can think of so many ways to better spend $350000
This... but unironically
Damn card looks worn to hell haha (unless the metals normally have all that edge wear), what a fetched price!
why is there no grade anyhoo?
Card are notorious for their wear, was a new coating technology and stuck to cards / packs. Looks like people would rather just have it slabbed as authentic than have a low grade put on it. Authenticity is what matters and they all will have wear.
Will they even grade it if it's altered?
In what way is it altered?
Says that on the PSA sticker. Not sure if it'll say in the report what they thought was altered?
EDIT: From the auction description, looks like they thought the right edge was suspect- Despite the PSA Auth assessment this example is easily among the finest PMG Green MJ's in the world and represents an extraordinary investment opportunity. PSA has referenced some irregular wear to the right edge as cause for the authentic assessment. We respect the opinion of PSA, though we attest that from our review this card does not appear altered and while we do see a higher degree of wear to the right edge, we consider this a condition flaw, not an alteration.
In what way is it altered?
Says that on the PSA sticker. Not sure if it'll say in the report what they thought was altered?
EDIT: From the auction description, looks like they thought the right edge was suspect- Despite the PSA Auth assessment this example is easily among the finest PMG Green MJ's in the world and represents an extraordinary investment opportunity. PSA has referenced some irregular wear to the right edge as cause for the authentic assessment. We respect the opinion of PSA, though we attest that from our review this card does not appear altered and while we do see a higher degree of wear to the right edge, we consider this a condition flaw, not an alteration.
The thread where they're talking about it is interesting https://www.blowoutforums.com/showthread.php?t=1272528&page=2
They compare another card (left) to the sold card (right). Look at the space between the black circles and the edge of the card, it's ever so slightly smaller on the $350k card. That's some fun collecting drama Other collectible hobbies sure have it tough compared to video games looking at minutia like this.
It might be possible to explain the "in-between" variant of 5-screw / 3-screw print run of Stadium Events with "TM" on the SE logo showing...although the date code on SE 5-screw, and SE 3-screw w/ perfect artwork is in fact earlier than the "common" imperfect variant.
In what way is it altered?
Says that on the PSA sticker. Not sure if it'll say in the report what they thought was altered?
EDIT: From the auction description, looks like they thought the right edge was suspect- Despite the PSA Auth assessment this example is easily among the finest PMG Green MJ's in the world and represents an extraordinary investment opportunity. PSA has referenced some irregular wear to the right edge as cause for the authentic assessment. We respect the opinion of PSA, though we attest that from our review this card does not appear altered and while we do see a higher degree of wear to the right edge, we consider this a condition flaw, not an alteration.
The thread where they're talking about it is interesting https://www.blowoutforums.com/sho...
They compare another card (left) to the sold card (right). Look at the space between the black circles and the edge of the card, it's ever so slightly smaller on the $350k card. That's some fun collecting drama Other collectible hobbies sure have it tough compared to video games looking at minutia like this.
Wow they really go into it. I guess if the thing going for 6 digits is literally a small rectangle of cardboard, then it's worth going into.
That right edge does bow in slightly. Very slightly. And I suppose the curvedness of it suggests it's not a print alignment thing. But to say that's an alteration and not just wear?? Who would try to cut that card like that?
In what way is it altered?
Says that on the PSA sticker. Not sure if it'll say in the report what they thought was altered?
EDIT: From the auction description, looks like they thought the right edge was suspect- Despite the PSA Auth assessment this example is easily among the finest PMG Green MJ's in the world and represents an extraordinary investment opportunity. PSA has referenced some irregular wear to the right edge as cause for the authentic assessment. We respect the opinion of PSA, though we attest that from our review this card does not appear altered and while we do see a higher degree of wear to the right edge, we consider this a condition flaw, not an alteration.
The thread where they're talking about it is interesting https://www.blowoutforums.com/showthread.php?t=1272528&p...
They compare another card (left) to the sold card (right). Look at the space between the black circles and the edge of the card, it's ever so slightly smaller on the $350k card. That's some fun collecting drama Other collectible hobbies sure have it tough compared to video games looking at minutia like this.
Wow they really go into it. I guess if the thing going for 6 digits is literally a small rectangle of cardboard, then it's worth going into.
That right edge does bow in slightly. Very slightly. And I suppose the curvedness of it suggests it's not a print alignment thing. But to say that's an alteration and not just wear?? Who would try to cut that card like that?
I think they still have egg on their face from being fooled by a trimmed Honus Wagner for so long.
Each player had a limited number run - Jordan is basically the best card to have
My friend sold a raw one for like 5k it's crazy ....
The red PMG 23/100 has been on eBay recently for 175k. I bet it sells soon as well.
Currently at $55,100.00, it's already a record setting bid for a red PMG. It'll be fun to watch where it ends on Wednesday evening.
https://www.ebay.com/itm/1997-Universe-Precious-Metal-Gems-Michael-Jordan-PMG-RED-90-PSA-6-5-EXM-PWCC/352614253075?hash=item5219728213:g:IGEAAOSwWR5chTzC&frcectupt=true