Michael Jordan has captured the hearts of fans, unlike any other athlete in the world of basketball. His aura transcends beyond the court and the craze can be estimated from his sales of not only Jordans but other products as well. The 6x NBA champ has strongly captured the market. And no matter the price, the buyers for his collectibles are there as long as the item is even remotely related to ‘His Airness’ legacy.
Being an athlete of billionaire status, it is very difficult to pinpoint wrong business moves from Michael Jordan. However, at a recent signing event, 1o cards were graded PSA 10, and 4 of them had special inscriptions added by MJ. However, the unique inscriptions turned out to devalue the cards. According to cllct.com, many collectors and dealers weren’t thrilled with it.
The main issue that was highlighted was that the pen choice could have been much better. Thus, implying it was no fault of Michael Jordan. One stated that even though the bold blue autograph on most cards looks great but on the ’86 Fleer MJ card it feels too much because the background of the card already has too much happening with crowds and defenders head. So, there was a possibility to use a white marker as well.
The Cards were previously graded PSA 10 when a PSA authority flew down to Florida. The closed-room activity saw 3 cards regarded to 10s and the autograph too remained 10s. Let’s look at the history of collectibles of Michael Jordan.
Michael Jordan is a true GOAT off the field
There was a private signing held this year where Jordan signed 10 of his Fleer rookie cards. The cards were graded a 10 by PSA, as was his autograph. With the representative of PSA present, they graded both the card and the signature 10. It was the first time in the company’s 30-year history. According to Alex Schiffer, FOS noted that the market for Jordan-related memorabilia has “skyrocketed” since ESPN aired The Last Dance documentary series in 2020.
Hoge said the 10/10 cards will go to auction later this summer as the first of their kind ever in the market. Some other cards with high selling prices include 2008/09 Skybox Metal Universe Michael Jordan #23 ($222,630), 1998/99 Upper Deck “Jordan Jersey Autographs” #MJx-GJ ($288,000).
In April 2023, a pair of game-worn shoes from Game 2 of the 1998 NBA Finals sold for $2.24 million, breaking the sneaker auction record for the third time since 2020. The following month, a game-worn autographed Jordan jersey from the 1992 Olympics’ Dream Team sold for $3 million. Yet, the highest item was his jersey from Game 1 of the 1998 NBA Finals sold for $10.1 million. This was sold in January 2023.
Stay tuned for more such updates, and to follow what Shaq’s ex-agent, Leonard Armato, has to say about the infamous Shaq-Kobe feud, Caitlin Clark’s Olympic snub, and more, watch this video.