Sports Cards

Michael Jordan’s Logoman Card Sells for $2.9 Million

In a dazzling display of the lucrative world of sports memorabilia, a 2003 Upper Deck Ultimate Logos autograph card featuring the iconic NBA logo man patch of basketball legend Michael Jordan has clinched an eye-popping price tag exceeding $2.9 million at a highly-anticipated Goldin Auctions extravaganza. This singular card, boasting a 1/1 designation that makes it truly one-of-a-kind, not only showcases a piece of a game-worn NBA jersey but also bears the coveted signature of Jordan in elegant blue ink, rendering it an absolute treasure for collectors far and wide.

The exhilarating journey of this exceptional card kicked off with a modest opening bid of $200,000 on April 19, swiftly snowballing as enthusiasts and investors alike recognized the unparalleled rarity it embodied. Engaging in a fierce bidding war that saw an impressive total of 38 bids, the card eventually changed hands for an astonishing $2.4 million in the late hours of a Saturday evening. Authenticated and graded by the reputable Professional Sports Authenticator (PSA), the card not only attained an ‘Authentic’ seal of approval but also received a flawless rating of 10 for the signature, underscoring its impeccable condition and extraordinary scarcity.

This landmark sale not only shattered existing records for the highest price fetched by a Michael Jordan card, previously set at $2.7 million for a 1997-98 Upper Deck Game-Used Jersey Jordan card but also accentuated the undeniable allure and value attached to collectibles associated with the basketball icon. The previous record-holder notably featured a fragment of Jordan’s jersey from the 1992 All-Star Game and stood as one of the pioneering jersey cards introduced into the dynamic realm of sports card collections.

Despite his retirement, Michael Jordan retains an indomitable presence in the annals of sports history, with his memorabilia continuing to command staggering prices at auctions worldwide. From the most expensive sports jersey ever sold—a 1998 NBA Finals jersey that fetched a jaw-dropping $10.1 million—to the recent groundbreaking sale of his Logoman card, Jordan’s enduring legacy and market desirability persist unabated, solidifying his status as a timeless sporting icon.

The Goldin ‘Elite 100’ auction, renowned for its showcase of opulent sports memorabilia sales, featured an array of elite trading cards and game-worn artifacts at the pinnacle of collector’s dreams. Notable highlights from the event encompassed two additional prized Jordan cards—a 1986-87 Fleer rookie card commanding $292,800 and a 1997-98 Skybox Precious Metal Gems Red card selling for $298,900—underscoring the robust market appetite and fervent interest in exclusive Jordan-related memorabilia.

Beyond the realm of basketball, the auction spotlighted a diverse assortment of sports relics, including a rare graded example of an 1890-92 John Ryder Studio Cy Young cabinet card that fetched $500,200. Significant sales further comprised revered items such as Babe Ruth’s 1933 Goudey card and a distinctive 2017 Panini Flawless Symbolic Signatures card of football luminary Patrick Mahomes, each exemplifying the enduring reverence and value bestowed upon sports legends.

A poignant moment arose with the sale of Kobe Bryant’s jersey worn during the fateful game where he suffered a torn Achilles tendon, yet valiantly returned to sink his free throws. Autographed by Bryant himself, this poignant piece was acquired for over $1.2 million, highlighting the emotional weight and historical significance imbued within such iconic sports artifacts.

Noteworthy mentions from the auction also encompass Michael Jordan’s Nike shoes worn during a 1985 exhibition game in Italy, where he famously shattered a backboard. These shoes, embellished with a shard of the broken glass still embedded in the sole, commanded a price of $413,580, marking a slight decline from their previous auction value in 2020.

Additionally, a vintage Mickey Mantle game-used jersey from 1957 stood out, fetching a respectable $457,500, underscoring the enduring nostalgia and admiration for legendary sports figures spanning across generations. The event not only showcased the luxurious appeal and investment potential of sports memorabilia but also paid tribute to the rich history and profound impact of these revered sports icons through the tangible items they once adorned or utilized.

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