Michael Jordan RC, PSA 10, shatters 100k !!!

[Snakeonia]

Yikes


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[Dame]

Originally Posted by wrestlingbulls1

Looks like the bgs 9.5 sellers raised their prices

#@#@#@#@#@#@#@s

[Snakeonia]

Originally Posted by wrestlingbulls1

Looks like the bgs 9.5 sellers raised their prices

And 9s and 8s and 7s and 6s and lebron rookies and kobe rookies and dr j rookies and and and and.


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[Archangel1775]

That unopened case at $1.8 million looks more and more like a bargain.

[pcptrade]

Originally Posted by wrestlingbulls1

Looks like the bgs 9.5 sellers raised their prices

When some badly centered ones which are likely BGS 9 or 9.5 are in PSA 10 holders, why not raise the price of BGS 9.5's. No reason for a gap of 160K or 70% price difference between PSA 10 and BGS 9.5's imo, which is why I bought a BGS 9.5 recently.

[Willikn]

Originally Posted by pcptrade

When some badly centered ones which are likely BGS 9 or 9.5 are in PSA 10 holders, why not raise the price of BGS 9.5's. No reason for a gap of 160K or 70% price difference between PSA 10 and BGS 9.5's imo, which is why I bought a BGS 9.5 recently.

There is always a reason real or imagined. I believe more than one. IMO, those reasons become amplified the more recently it was graded. Not to suggest your purchase was unwise. It is a beautiful copy.

[OJMayo32]

Dang, over the weekend at a local show a dealer buddy of my just told me a guy is flying him down to Florida (flight, hotel and car rental included) for a week for a big deal. Over 50 years of collecting he was able to PC a ton of Jordan Rcs including 3 PSA 10. Haven't seen him since Jan due to covid and now he's just planning to cash out and retire.

[This is]

I'm not sure if people are pumping Bgs 9.5's here or are sad that they will now have to pay more for one because of this record PSA 10 sale.

[pcptrade]

Originally Posted by Willikn

There is always a reason real or imagined. I believe more than one. IMO, those reasons become amplified the more recently it was graded. Not to suggest your purchase was unwise. It is a beautiful copy.

Thanks. When Lebron 2003 TC Base PSA 10's were hitting 6K back in Feb, there were two gem mint 2003 TC Refractors available on ebay for $7500, which was a great buying opportunity. Sometimes, herd mentality and price disparity presents unique buying opportunity. I found value in BGS 9.5 at 37K last week when PSA 10's were hitting 200K and I purchased one. Fast forward one week, I don't think I will be able to buy a BGS 9.5 for less than 40K now. Mine is for PC and not for sale, so there is no pumping here.

Originally Posted by pcptrade

When some badly centered ones which are likely BGS 9 or 9.5 are in PSA 10 holders, why not raise the price of BGS 9.5's. No reason for a gap of 160K or 70% price difference between PSA 10 and BGS 9.5's imo, which is why I bought a BGS 9.5 recently.

To me these are BGS 9.5's based on centering alone but they are in a PSA 10 slabs. Are they worth 40K (BGS 9.5 value) or 200K (PSA 10 value)? That was my point.

https://www.pwccmarketplace.com/items/2287403

https://www.pwccmarketplace.com/items/1956079

[kefskala]

Originally Posted by pcptrade

When Lebron 2003 TC Base PSA 10's were hitting 6K back in Feb, there were two gem mint 2003 TC Refractors available on ebay for $7500, which was a great buying opportunity. Sometimes, herd mentality and price disparity presents unique buying opportunity. I found value in BGS 9.5 at 37K last week when PSA 10's were hitting 200K and I purchased one. Fast forward one week, I don't think I will be able to buy a BGS 9.5 for less than 40K now. Mine is for PC and not for sale, so there is no pumping here.

To me these are BGS 9.5's but they are in a PSA 10 slabs. Are they worth 40K (BGS 9.5 value) or 200K (PSA 10 value)?

https://www.pwccmarketplace.com/items/2287403

https://www.pwccmarketplace.com/items/1956079

I added 2 more1986 jordan's psa 9's to my pc one for 14k and the other for 17k about two and three months ago...only reason way I did this sold some modern material and parlayed into jordan....cant go wrong with the GOAT!!.... looking back two months ago I guess it was a steal....hope we dont all wake up one day and ask what just happened....

[vintg]

Originally Posted by pcptrade

Thanks. When Lebron 2003 TC Base PSA 10's were hitting 6K back in Feb, there were two gem mint 2003 TC Refractors available on ebay for $7500, which was a great buying opportunity. Sometimes, herd mentality and price disparity presents unique buying opportunity. I found value in BGS 9.5 at 37K last week when PSA 10's were hitting 200K and I purchased one. Fast forward one week, I don't think I will be able to buy a BGS 9.5 for less than 40K now. Mine is for PC and not for sale, so there is no pumping here.




To me these are BGS 9.5's based on centering alone but they are in a PSA 10 slabs. Are they worth 40K (BGS 9.5 value) or 200K (PSA 10 value)? That was my point.

https://www.pwccmarketplace.com/items/2287403

https://www.pwccmarketplace.com/items/1956079

you absolutely NAILED IT with your post.

this isn't about "pumping" or "being sad" as another poster opined.

this is REALITY.

which (individual) CARD is nicer ?? and, at WHAT price difference ??

as we are all aware, psa does NOT have a "9.5".......so here we are.

[Willikn]

Originally Posted by pcptrade

Thanks. When Lebron 2003 TC Base PSA 10's were hitting 6K back in Feb, there were two gem mint 2003 TC Refractors available on ebay for $7500, which was a great buying opportunity. Sometimes, herd mentality and price disparity presents unique buying opportunity. I found value in BGS 9.5 at 37K last week when PSA 10's were hitting 200K and I purchased one. Fast forward one week, I don't think I will be able to buy a BGS 9.5 for less than 40K now.

If anything, I am surprised that you waited this long. I know it isn't your favorite card, but it is akin to the TC LeBron. It is such a bell cow that it needs to be in any elite collection (IMO).

Again, my opinion, a well centered copy with "9" corners is more attractive than a 45/55 copy with "10" corners. Tons of things about the hobby today that go against what I believe. The values attached to key Topps paper rookies is one I railed against for a year. It is what it is, and what is.. the PSA gem standard is the end all be all. General thought, a gem with a "9" on corners crosses to a PSA 9.

Now, while this does explain the price gap, it also explains why buying one is wise. I PSA 9 with one of those wacky PWCC stickers would be more than $37k (more opinion). Yours is certainly that.

[pcptrade]

Originally Posted by kefskala

I added 2 more1986 jordan's psa 9's to my pc one for 14k and the other for 17k about two and three months ago...only reason way I did this sold some modern material and parlayed into jordan....cant go wrong with the GOAT!!.... looking back two months ago I guess it was a steal....hope we dont all wake up one day and ask what just happened....

Originally Posted by Willikn

If anything, I am surprised that you waited this long. I know it isn't your favorite card, but it is akin to the TC LeBron. It is such a bell cow that it needs to be in any elite collection (IMO).

Again, my opinion, a well centered copy with "9" corners is more attractive than a 45/55 copy with "10" corners. Tons of things about the hobby today that go against what I believe. The values attached to key Topps paper rookies is one I railed against for a year. It is what it is, and what is.. the PSA gem standard is the end all be all. General thought, a gem with a "9" on corners crosses to a PSA 9.

Now, while this does explain the price gap, it also explains why buying one is wise. I PSA 9 with one of those wacky PWCC stickers would be more than $37k (more opinion). Yours is certainly that.

Agree, I should have listened to myself and bought it back in June when I thought PSA 9's were undervalued at 10K. I usually like to go after rare and sought after cards. Jordan Fleer is an iconic (sough after) card but not rare or scarce because there are plenty available for sale at any given time. I thought BGS 9.5's were undervalued compared to PSA 10's and hence picked up one last week. Better late than never...

Originally Posted by pcptrade

Let us not forget that there are only ~2500 total graded 1952 Mantle vs ~30,000 total graded Jordan 1986 Fleer. There are ~300 PSA 10 Jordan Fleers, which means there are 29700 cheaper alternatives to get a 1986 Jordan Fleer unlike the 1952 Mantle. I purchased LeBron Exquisite RPA, LL, TC Gold Refractor BGS 9.5 and Ultimate Auto PSA 10 (pop 17) in the past two years, but I am not chasing a Jordan 1986 Fleer PSA 10. I will be glad to grab a PSA/BGS 9 for $10K. If I had the money, I would go after a PSA 10 Mantle because only 3 copies exist as opposed to 300 PSA 10 copies for Jordan, out of which many look like a 9 based on centering. I don't see uniqueness and rarity aspect when 300 PSA 10 copies and 30K total graded copies are in existence. I don't deny the fact that it is a must have basketball card for any collector but I would rather spend 10K on a PSA 9 than 100K on a PSA 10.

[KhalDrogo]

I would like to see what one of the six BGS 10 would sell for today.

[pcptrade]

Originally Posted by KhalDrogo

I would like to see what one of the six BGS 10 would sell for today.

When was the last sale of a BGS 10 and how much did it sell for?

[Thirsty Whale]

Originally Posted by KhalDrogo

I would like to see what one of the six BGS 10 would sell for today.

Is SGC Gold considered better than BGS 10?

[kefskala]

Originally Posted by thirsty whale

is sgc gold considered better than bgs 10?

the scg gold sold for 430k

[KhalDrogo]

Originally Posted by Thirsty Whale

Is SGC Gold considered better than BGS 10?

Definitely not.

I think the last copy was sold in 2009 for under $100k. Looks like Heritage tried to sell one in 2014, but it didn’t meet the reserve. I think a BGS 10 sale would depend on what the card looks like and if it measures up correctly.

[GeechQuest]

Originally Posted by kefskala

the scg gold sold for 430k

Does anybody actually believe that is real?

[Willikn]

Originally Posted by KhalDrogo

Definitely not.

I think the last copy was sold in 2009 for under $100k. Looks like Heritage tried to sell one in 2014, but it didn’t meet the reserve. I think a BGS 10 sale would depend on what the card looks like and if it measures up correctly.

I'm thinking it was $75k. My memory can be unreliable.

[kefskala]

Originally Posted by GeechQuest

Does anybody actually believe that is real?

sold though heritage auction....

[pcptrade]

Originally Posted by KhalDrogo

Definitely not.

I think the last copy was sold in 2009 for under $100k. Looks like Heritage tried to sell one in 2014, but it didn’t meet the reserve. I think a BGS 10 sale would depend on what the card looks like and if it measures up correctly.

Assuming it meets the standards of BGS 10, my guess would 300 to 350K

[GeechQuest]

Originally Posted by kefskala

sold though heritage auction....

So...?

[Thunderdunk]

Originally Posted by pcptrade

Assuming it meets the standards of BGS 10, my guess would 300 to 350K

I think it would cross the $1M mark with ease. There are only 6 BGS 10's (no quad 10's either)... Compared to 300+ PSA 10's

[pcptrade]

Originally Posted by Thunderdunk

I think it would cross the $1M mark with ease. There are only 6 BGS 10's (no quad 10's either)... Compared to 300+ PSA 10's

I doubt it will hit 1 million. I understand that I am comparing RC to a non-RC. A 1997 PMG Green/10 sold for 915K recently. BGS 10 Pristine (Not Black Label) rarely sells for more than 100% premium to PSA 10 despite such a huge pop difference ( 6 vs 300+ in this case). 1 million would be 5X premium to PSA 10. Having said that, I would not be surprised if it hits 500K even though 300-350K is my guess.