Asking who is the greatest of all-time in basketball may depend upon your generation, but Michael Jordan is definitely a GOAT for anyone who was actively watching basketball in the 1980s and 1990s. Despite all of the record sports card sales in 2021, Michael Jordan’s cards and other unique memorabilia hasn’t commanded the same attention versus some of the other players. But… Don’t worry – Jordan’s cards and memorabilia sales have been phenomenal on a net cash basis.
The Mint Collective for sports collectibles has been pushed back by two months, but the Leland’s and Mint25 Auction is already in motion and will close on January 29, 2022. Michael Jordan has a slew of top memorabilia coming up for bid in that auction. The Mint25 Auction is supposed to be 25 items sought after by collectors with estimated price tags of more than $250,000 per item.
Collectors Dashboard evaluates high-end collectibles as an alternative asset class. The same capital that could have been invested into stocks or bonds is being used to buy high-end collectibles. Let’s just say that the price of $250,000 or more for one item within sports collectibles is easily competing against capital that could have bought stocks and bonds. In fact, that amount of cash could have bought a house in many nice neighborhoods before the property prices exploded.
Basketball’s rise in prominence in the sports collectibles market has been a big win for collectibles around Michael Jordan. Outside of cards, think about game-used and special items. Here are the top Michael Jordan items from the Mint25 Auction.
The only card in the Mint25 Auction is a PSA Gem Mint 10 Michael Jordan rookie. This is among the most recognizable basketball card in the hobby. We all know that prices hit a zenith in early 2021, but those prices have come down handily since that time. The good news is that sales dipped down under the $300,000 mark handily in mid-2021, the average price of the last 4 perfect PSA 10 Gem Mint sales recorded on PSAcard.com’s PSA 10 sales was $330,000 — and only one of those sales was under $300,000 (by less than $5K!). The opening bid was $50,000 and the last bid as of the current time was $94,283. The last estimate was a range of $300,000 to $400,000. Images from Lelands auction site.
Below are the other Michael Jordan items up for grabs (with Lelands price estimates and a brief description). Some of the items have higher prices and estimates than the rookie card’s price.
1998 Jordan Buzzer Beater Jersey
“Offered here is perhaps the most well-documented Michael Jordan jersey we have ever seen and easily the finest we have handled. Worn by Jordan during his historic final season with the Bulls, which was chronicled in the “The Last Dance” documentary.”
The opening bid of $100,000 was last at $134,009. The last estimate on the “Buzzer-beater” jersey was a range of $300,000 to $400,000.
1985 MJ Game Used Air Jordans
“Offered here are the shoes Jordan was wearing that fateful night during his sophomore campaign when he suffered the first major injury of his professional career.”
With an opening bid of $250,000 this has yet to see a bid. The Air Jordans last estimate was a range of $400,000 to $500,000.
Jordan Game Used Patch Card
“Aptly-named 2005-06 Exquisite Collection Limited Logos #LLMJ Michael Jordan Game Used Patch Autograph combines tremendous eye appeal with a very limited run with this bearing his uniform number of 23/50 and a MINT 9 overall grade to present an exceptional opportunity.”
With an opening bid of $50,000 this has yet to see a bid. The game-used patch card’s estimate was put in a range of $175,000 to $225,000.
Mint Precious Metal Gems Jordan
“”Precious” is an understatement when it comes to this 2008 SkyBox Metal Universe Precious Metal Gems (PMG) Green #23 Michael Jordan card.”
This 8/10 card is graded PSA 10 Gem Mint and the starting bid of $50,000 was last seen at $52,500… Its estimated range was $250,000 to $300,000.
It is important to keep in mind that these items still have more than 3 weeks until the final bids are due. Of the 25 sports collectibles featured in this MINT25 Auction, 5 of those 25 sports collectibles are Michael Jordan lots.