LeBron James rookie card goes for file $1.8M at auction

A 2003-2004 LeBron James Upper Deck rookie Patch Parallel card offered at auction for $1.845 million on Sunday at Goldin Auctions to Lob.com CEO Leore Avidar.

The value tag on the unusual card sets a history for contemporary-day playing cards (identified as cards produced in 1980 or later) and is the most any basketball card has at any time offered for.

“If we ended up speaking about a T206 [Honus] Wagner, or a 1952 [Mickey] Mantle, it in all probability would not be that significantly information,” mentioned Ken Goldin, founder of Goldin Auctions. “But when you might be chatting about a card that was literally developed 17 several years ago and is for a man even now participating in in the NBA, it truly is just stunning information to a lot of folks. It really is really in which my distinct field has been likely for quite a few several years.”

The report sale surpassed a past document set in May possibly when the same auction home bought a gem mint Bowman Draft Chrome Red Refractor Mike Trout signed rookie card for $922,500. The Trout card was one of only five manufactured and the highest graded.

The auction home has now helped split a few fashionable card documents this year alone when it sold a 2003-2004 Higher Deck Exquisite Collection Logoman card that includes LeBron James and Michael Jordan for $900,000, the Trout card in May perhaps for $922,500 and now eclipsing the million-greenback mark with the James card.

The Upper Deck rookie Patch Autograph set generally developed only 99 of every card, which provided a patch of jersey from the player’s rookie period and an autograph on the card. This distinct James card, having said that, was aspect of the Patch Autograph Parallel set that only generated the exact same range of cards corresponding to the quantity on the player’s jersey.

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With James carrying No. 23, there ended up only 23 of this card generated, and since it was graded as a 9.5 mint gem by Beckett grading assistance, it was 1 of only two of these particular cards graded that high.

“There are only two of them, one particular of them is in non-public arms and the other was up for auction,” Goldin explained. “So this genuinely was the single ideal LeBron card that someone could have hoped to get. It was incredibly active bidding, a good deal of bidders, and we’re pleased with the results.”

The sector for basketball cards has been steadily climbing more than the yrs with additional and additional modern-day card income coming from the basketball aspect.

“At the present time, I would say that basketball in some instances is stronger than baseball and in other circumstances is neck-and-neck with baseball,” Goldin reported. “I have a tremendous volume of abroad bidders from China we’ve experienced bidders from the Middle East, bidders from Australia and from Europe. With baseball, it can be wholly North American it really is 99% from North The usa. With basketball, it could be as much as 50 to 60% abroad bidding due to the fact it can be a lot more of a around the world activity.

“It truly is rising, and I feel probably could have much more development than baseball in the collectability aspect of it.”

The exact whole lot also offered a pair of Michael Jordan rookie-time, game-made use of footwear from 1984-1985 for $369,000, as properly as a Patch Parallel Autographed LeBron James card from 2004-2005 for $246,000.

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