Sports Cards

Michael Jordan’s Logoman Card Sells for $2.9 Million

In a staggering display of the allure surrounding sports memorabilia, a 2003 Upper Deck Ultimate Logos autograph card of basketball legend Michael Jordan has just obliterated previous sales records by capturing an eye-watering sum of over $2.9 million at a Goldin Auctions event. This extraordinary piece, distinguished by its 1/1 designation, boasts a game-used NBA “Logoman” patch paired with Jordan’s signature in striking blue ink, catapulting it to the top of collectors’ wish lists.

The saga of this exceptional card kicked off with a modest opening bid of $200,000 on April 19, swiftly snowballing as enthusiasts clamored to possess this one-of-a-kind gem. Following an intense bidding war spanning 38 bids, the card ultimately changed hands for a jaw-dropping $2.4 million during a late Saturday evening. Authenticated and graded by PSA, the card received an ‘Authentic’ certification and a flawless 10 for the signature, cementing its pristine state and unparalleled rarity.

Not only did this sale obliterate the record for the highest-selling Michael Jordan card, surpassing the previous milestone of $2.7 million held by a 1997-98 Upper Deck Game-Used Jersey Jordan card, but it also underscored the immense magnetism and worth of Jordan-related memorabilia. The former record-holder notably featured a segment of Jordan’s jersey from the 1992 All-Star Game and marked one of the pioneering jersey cards integrated into sports card packs.

Michael Jordan’s enduring dominance extends even beyond his retirement, with his memorabilia fetching astronomical prices—including the most expensive sports jersey ever sold, a 1998 NBA Finals jersey fetching a staggering $10.1 million—demonstrating the enduring legacy and market value of items linked to the basketball luminary.

Dubbed the Goldin ‘Elite 100′, the auction stood as a celebration of opulence in sports memorabilia transactions, showcasing top-tier trading cards and game-worn relics. Standouts from the event encompassed another pair of Jordan cards—an 1986-87 Fleer rookie card and a 1997-98 Skybox Precious Metal Gems Red variant—that commanded $292,800 and $298,900, respectively, emphasizing the robust market and collectors’ fervor for rare Jordan collectibles.

Furthermore, the auction presented a diverse array of sports memorabilia, including a solitary graded specimen of an 1890-92 John Ryder Studio Cy Young cabinet card, which fetched $500,200. Noteworthy sales also encompassed high-value cards like Babe Ruth’s 1933 Goudey card and a distinctive 2017 Panini Flawless Symbolic Signatures card featuring Patrick Mahomes.

A poignant highlight emerged in the form of the jersey worn by Kobe Bryant during the fateful game where he tore his Achilles tendon but exhibited remarkable resilience by returning to shoot his free throws. This autographed jersey netted over $1.2 million, underscoring the deep emotional and historical resonance embodied by these artifacts.

Additional standout items comprised Michael Jordan’s Nike shoes worn during the 1985 exhibition game in Italy, where he shattered a backboard—a pair still containing a fragment of shattered glass in the sole—garnering $413,580, marking a marginal decrease from their previous auction price in 2020.

The auction further showcased a Mickey Mantle game-worn jersey from 1957, securing $457,500, showcasing the enduring nostalgia and reverence for sporting legends spanning generations. The event not only spotlighted the opulence and investment potential of sports memorabilia but also paid tribute to the rich history and influence of these sporting icons through the artifacts they have donned or wielded.

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