Michael Jordan rookie card sets new record, gets sold for whopping $12,500

As a direct result of Michael Jordan documentary Last Dance releasing, sales for 1986-87 Fleer rookies Michael Jordan card has reached its peak. While t rare, Michael Jordan rookie card is considered most popular basketball card. Reports compared card to Babe Ruth-signed baseballs – though plenty are available, re aren’t eugh to satisfy demands.  Michael Jordan documentary which premiered on April 19 brought in an aver of 6.1 million viewers on an aver. 

Also re | Scottie Pippen net worth, championship rings and relationship with Michael Jordan

Sales for Michael Jordan rookie card continue to rise due to Michael Jordan Last Dance

In past few days, sales for every level card aunticated by Professional Sports Aunticator (PSA) have reportedly gone up. PSA takes a card, aunticates it and gres it from level one to ten. While 1986-87 Fleer rookies Michael Jordan . 57 card wasn’t a hit at time, it gained value as Jordan’s popularity rose. price of card, which can range from $2,000 to even $50,000, depends on condition of card.

Also re | Michael Jordan Last Dance: Why did Scottie Pippen sign 5-year, $18 million contract with Chicago Bulls?

Michael Jordan rookie card value

PSA stated that y have gred 18,859 pieces of  Michael Jordan rookie card, out of which 312 are gred at 10 and are selling between $40,000 to $50,000. On Sunday (Monday IST), Robert Edward Auctions broke record by selling a mint card for $51,600. Cards that sold at $5,000 in 2005 are reportedly returning ten times ir investment.

Also re | Michael Jordan documentary: Jordan will be donating $4 million proceeds from Michael Jordan Last Dance to charity

However, Michael Jordan gred nine card has been reported to show better growth in demand. Struggling to fetch $2,000 half a dece ago, a card was recently sold for $12,500. As per PSA’s report, re are 2,702 gre nine Michael Jordan rookie cards. In February, y were sold reportedly sold at an aver of $7,460 on eBay. price increased to $7,515 in March, though two of m sold for more than $10,000 for first time since ir production. This month, price of cards increased to $9,669, which included four cards being sold for over $10,000. Before $12,500 sale, a PSA gre nine Michael Jordan card was sold at $11,285.

Or sources who have gred Michael Jordan rookie card

Apart from PSA, Beckett Gring has gred around 10,000 Michael Jordan rookie cards, where 1,540 are rated mint, 9,514 at 9.5 and six at 10. Sportscard Guaranty Corporation (SGC) has gred 171 cards at Mint 9 and 18 and Mint 10. y have gred a total of 1,798 cards.

Also re | Michael Jordan Last Dance: Michael Jordan documentary brought in an aver of 6.1 million viewers