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Michael Jordan’s Logoman Card Sells for $2.9 Million

In a jaw-dropping turn of events in the sports memorabilia world, a 2003 Upper Deck Ultimate Logos autograph card of basketball legend Michael Jordan has set a new benchmark by selling for over $2.9 million at a recent Goldin Auctions event. This unique card, boasting a 1/1 designation and featuring a game-used NBA “Logoman” patch plus Jordan’s signature in mesmerizing blue ink, has sent waves through the collector community for its unparalleled rarity and allure.

The astonishing journey of this card commenced with a modest opening bid of $200,000 on April 19, swiftly igniting a bidding frenzy as enthusiasts recognized its extraordinary characteristics. Following an intense bidding war that saw 38 bids being placed, the card eventually landed an astounding $2.4 million sale late one Saturday night. Authenticated and graded by PSA, the card received top-notch ratings, labeled ‘Authentic’ with a perfect 10 for the signature, solidifying its impeccable condition and exceptional scarcity.

This groundbreaking sale not only shattered the previous record for the highest-selling Michael Jordan card, which stood at $2.7 million for a 1997-98 Upper Deck Game-Used Jersey Jordan card but also underscored the insatiable appeal and value attached to Jordan-centric collectibles. The former record-holder notably included a fragment of Jordan’s jersey from the 1992 All-Star Game and marked one of the inaugural jersey cards introduced in sports card packs.

Even in retirement, Michael Jordan continues to reign supreme in the realm of sports memorabilia, with his collectibles commanding astronomical prices. His possessions, such as the most expensive sports jersey ever auctioned—a 1998 NBA Finals jersey that fetched a staggering $10.1 million—serve as a testament to the enduring legacy and financial worth of items associated with the basketball maestro.

The Goldin ‘Elite 100′ auction, renowned for its extravagant offerings in sports memorabilia, showcased a plethora of elite trading cards and game-worn artifacts. Among the standout sales were two more Jordan cards—a 1986-87 Fleer rookie card and a 1997-98 Skybox Precious Metal Gems Red—fetching $292,800 and $298,900, respectively, underlining the vibrant market and collectors’ fervor for rare Jordan paraphernalia.

Noteworthy items at the auction extended beyond Jordan memorabilia, including a single graded example of an 1890-92 John Ryder Studio Cy Young cabinet card that garnered $500,200. The auction also featured high-value cards like Babe Ruth’s 1933 Goudey card and a distinctive 2017 Panini Flawless Symbolic Signatures card of Patrick Mahomes, captivating enthusiasts with a diverse range of offerings.

A poignant highlight of the event was the jersey worn by Kobe Bryant during the iconic game where he suffered a debilitating Achilles tendon injury but displayed extraordinary resilience by sinking his free throws. This autographed jersey of Bryant crossed the $1.2 million mark, emphasizing the deep emotional and historical significance attached to such memorabilia pieces.

Moreover, the auction spotlighted Michael Jordan’s Nike sneakers from the 1985 exhibition game in Italy where he shattered a backboard. These iconic shoes, still harboring a fragment of glass in the sole, fetched an impressive $413,580, showcasing a slight decrease from their previous auction price in 2020.

Adding to the allure, a Mickey Mantle game-used jersey from 1957 fetched $457,500, underscoring the enduring nostalgia and reverence for sporting icons across different eras. This exceptional event not only highlighted the luxury and investment appeal of sports memorabilia but also honored the rich history and profound impact of these athletic luminaries through the artifacts they once owned or utilized.

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