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A Michael Jordan Rookie Card Sets a Wild New Auction Record
Michael Jordan Rookie Cards Are More Expensive Than His Game-Worn Sneakers
Goldin Auction House
Goldin Auction House
The parallels between sneakers and sports cards are no more apparent than when it comes to the popularity of Michael Jordan, whose rookie cards are not only more coveted than his sneakers but have become investment assets that continue to increase in price with seemingly no end in sight.
This past weekend Goldin Auction of New Jersey, sold the 1986 Fleer #57 Michael Jordan Rookie Card in PSA GEM MT 10 (the highest grading, given only to truly flawless cards) for $738,000. The previous record for a PSA GEM MT 10 was $217,200 just weeks ago.