Sports Cards News

Michael Jordan’s Logoman Card Sells for $2.9M

In the world of sports memorabilia, few names carry the weight that Michael Jordan’s does. His legacy as a basketball sensation is unmatched, and his collectibles are highly sought after by enthusiasts and investors alike. This was made abundantly clear in a recent Goldin Auctions event, where a particular piece of Jordan memorabilia stole the show and shattered records.

The star of the auction was a 2003 Upper Deck Ultimate Logos autograph card featuring the iconic NBA “Logoman” patch alongside Jordan’s signature. What set this card apart was its 1/1 designation, indicating its unique status as the only one of its kind in existence. As bidding commenced, it became evident that collectors were willing to go to great lengths to add this rare gem to their collection.

The auction kicked off with a modest opening bid of $200,000 on April 19, but it didn’t take long for the bidding war to heat up. With 38 bids pouring in, the price of the card skyrocketed, eventually settling at an astonishing $2.9 million. Authenticated and graded by PSA, the card received top marks for authenticity and the pristine condition of Jordan’s signature, further solidifying its value.

This sale wasn’t just a win for the lucky buyer; it also cemented the card’s place in history by breaking the record for the highest-selling Michael Jordan card ever. The previous record was held by a 1997-98 Upper Deck Game-Used Jersey Jordan card, which fetched $2.7 million. The fact that this new record-breaker didn’t even feature a piece of Jordan’s jersey speaks volumes about the enduring appeal of the basketball legend.

But Jordan’s memorabilia dominance doesn’t stop there. From the most expensive sports jersey ever sold—a 1998 NBA Finals jersey that went for an eye-watering $10.1 million—to other high-profile items like game-worn shoes and rare trading cards, Jordan’s presence in the collectibles market is unmatched.

The Goldin ‘Elite 100’ auction was a playground for avid collectors, showcasing not only the record-breaking Jordan card but also other notable items from the world of sports memorabilia. Two more Jordan cards—an 1986-87 Fleer rookie card and a 1997-98 Skybox Precious Metal Gems Red—pulled in significant sums, further cementing Jordan’s status as a top draw in the collectibles market.

Beyond Jordan, the auction featured a diverse array of sports memorabilia, each with its own unique story and significance. From a Cy Young cabinet card dating back to 1890-92 to game-worn jerseys of legends like Babe Ruth and Kobe Bryant, the event was a treasure trove of historic items that captivated bidders and spectators alike.

In the end, the record-breaking sale of Michael Jordan’s Logoman card was not just about the price tag; it was a testament to the enduring legacy of sports icons and the timeless appeal of their memorabilia. As collectors continue to clamor for pieces of history, auctions like the Goldin ‘Elite 100’ serve as a reminder of the profound impact these items hold in the hearts of fans and collectors alike.

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