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

[MBMiller25]

Originally Posted by trendy26

Very well said man, I’m in complete agreement. The hype will not continue at the rate it has, then the supply will increase and the undercutting will begin. I think the Jordan #57 is THE card to own in a collection, but at the prices they’re at today, I’m fine sitting on the sideline

This is nothing more than a comment based on your own rationalization in your own mind to sooth the fact you don’t own this card. Anyone that wants to use the pop report on this card as the basis for your argument as to whether the card will or won’t go up in value just doesn’t get it. I’m willing to listen to other arguments you want to make for other cards appreciating at more a rapid pace than a 86 Jordan, but just stop it with the population numbers.

Michael Jordan is the most recognized athlete and human being on the planet. Non-sports people know who Michael Jordan is. Everyone buying sports cards knows this card and this card will always be highly desired and that is a perfect recipe for the card continually appreciating the way that it is. Jordan, 52 Mantle and T-206 Honus Wagner are and always will be the most coveted assets within the card market. It will always be about supply and demand and the demand won’t ever stall for Jordan RC’s.

[Garrison8]

Originally Posted by MBMiller25

This is nothing more than a comment based on your own rationalization in your own mind to sooth the fact you don’t own this card. Anyone that wants to use the pop report on this card as the basis for your argument as to whether the card will or won’t go up in value just doesn’t get it. I’m willing to listen to other arguments you want to make for other cards appreciating at more a rapid pace than a 86 Jordan, but just stop it with the population numbers.

Michael Jordan is the most recognized athlete and human being on the planet. Non-sports people know who Michael Jordan is. Everyone buying sports cards knows this card and this card will always be highly desired and that is a perfect recipe for the card continually appreciating the way that it is. Jordan, 52 Mantle and T-206 Honus Wagner are and always will be the most coveted assets within the card market. It will always be about supply and demand and the demand won’t ever stall for Jordan RC’s.

This! Even more so, because it appeals to a larger audience than the Mantle and T-206. It will take time, but we will see a perfect Jordan fleer rc. sell for a million in our lifetime.

[mc1]

A million today isnt the same as a million 10 years ago.

Even less than a million 20 years ago.

Its still a nice round number I guess.

[rainmaker]

Originally Posted by mc1

Please quote the offenders.

Do us all a favor.

Did you know what you were talking about? If so my comment wasn’t directed at you

[Ferg1945]

Originally Posted by Garrison8

This! Even more so, because it appeals to a larger audience than the Mantle and T-206. It will take time, but we will see a perfect Jordan fleer rc. sell for a million in our lifetime.

Agreed.

I'm 45 and I never saw Mantle, Ruth or Wagner play. Mantle died 1 year after I graduated HS. All I saw was a drunk jerk when something about Mantle was brought up when I was younger. He was one guy you didn't want to ask for an autograph if you saw him in public. I never saw anything about Wagner or Ruth... just what others reported. Ruth liked to drink and eat and for the most part he was a pleasure to talk to in public and loved to sign things. Wagner didn't like smoking and wanted his card pulled. I know the T-206 Wagner and 1952 topps Mantle are THE cards to buy.

With Jordan.... I started watching baseball in the early 80s with my grandpa... started paying more attention in mid to late 80s because Cubs were on WGN at 1:20 most days. I didn't catch his first 2-3 seasons but I saw his entire career for the most part. He was EVERYWHERE...McDonalds, Nike, Gatorade... you couldn't watch TV without seeing an MJ commercial damn near every commercial break. Jordan was the perfect storm. Add in the Championships, The Dream Team in 1992, retirement for baseball... return to basketball and 3 more dominating seasons. Many of us grew up on Jordan. We know very little about Mantle, Ruth and Wagner...just what is told to us.

We KNEW Jordan. Like I mentioned earlier... #57 is THE ONLY RC.... a well centered PSA regardless of grade will always carry a premium over the same graded card that's OC. So yes.... 7500 PSA 8s exist.... how many are well centered? a PSA 8 might sell for $10K.... a well centered could sell for $14K because more people will want it and others will settle for the OCd copies.

[Garrison8]

The 86 sticker is rising fast in the last week. A PSA 7 just sold for $1,999.

[Towns322Wiggins]

Not a single PSA 9 left on eBay. The next one listed/sold will likely be a record high. I’m sure many will be watching!

[rainmaker]

It may be a few select people ‘buyers group’ picking up the 8/8.5/9 recently. The sales are constant and aggressive over the past week. But I don’t believe this is a peak that will lead to a drop. It’a just the new normal. Anyone on the outside looking in can convince themselves otherwise and that a drop is inevitable but the patterns aren’t consistent with manipulation from a global all grades perspective.

[mc1]

Originally Posted by rainmaker

Did you know what you were talking about? If so my comment wasn’t directed at you

Chill man.

I just want for the truth to shine.

Ive been aound. Some of these guys believe all they read.

[vintg]

Originally Posted by Garrison8

The 86 sticker is rising fast in the last week. A PSA 7 just sold for $1,999.

honest to God, I feel "dirty". I just bought a beckett 6, from the pwcc vault
for $ 750 (prior to tax and shipping). (literally seconds ago)

6 centering, 8.5 corners and 8.5 edges. typical 5 on surface - BACK


"chasing" usually doesn't end well. I had one last "financial bullet in the
holster", and I used it.

and its NOT even where I see real opportunity with MJ.
that opinion will be shared in 3 months, LOL.

[Garrison8]

Originally Posted by Ferg1945

Agreed.

I'm 45 and I never saw Mantle, Ruth or Wagner play. Mantle died 1 year after I graduated HS. All I saw was a drunk jerk when something about Mantle was brought up when I was younger. He was one guy you didn't want to ask for an autograph if you saw him in public. I never saw anything about Wagner or Ruth... just what others reported. Ruth liked to drink and eat and for the most part he was a pleasure to talk to in public and loved to sign things. Wagner didn't like smoking and wanted his card pulled. I know the T-206 Wagner and 1952 topps Mantle are THE cards to buy.

With Jordan.... I started watching baseball in the early 80s with my grandpa... started paying more attention in mid to late 80s because Cubs were on WGN at 1:20 most days. I didn't catch his first 2-3 seasons but I saw his entire career for the most part. He was EVERYWHERE...McDonalds, Nike, Gatorade... you couldn't watch TV without seeing an MJ commercial damn near every commercial break. Jordan was the perfect storm. Add in the Championships, The Dream Team in 1992, retirement for baseball... return to basketball and 3 more dominating seasons. Many of us grew up on Jordan. We know very little about Mantle, Ruth and Wagner...just what is told to us.

We KNEW Jordan. Like I mentioned earlier... #57 is THE ONLY RC.... a well centered PSA regardless of grade will always carry a premium over the same graded card that's OC. So yes.... 7500 PSA 8s exist.... how many are well centered? a PSA 8 might sell for $10K.... a well centered could sell for $14K because more people will want it and others will settle for the OCd copies.

Love hearing stories like this. Very true.

You definitely see size able premiums within grade for centering and lack of print marks. 8s are starting to distance themselves.

[wrestlingbulls1]

About 2 months ago I picked up a bgs 9.5 rc for 28k. I thought I got a good deal then and now I feel like a king!

[Garrison8]

Originally Posted by wrestlingbulls1

About 2 months ago I picked up a bgs 9.5 rc for 28k. I thought I got a good deal then and now I feel like a king!

Congrats! You got it for cheaper than a PSA 9 right now. Such a huge card!

[radarfubar]

Yeah

Crazy to hear all these stories

I always wanted the 1986 Fleer basketball set

So I finally bought it, with stickers, in mid-2018, for $1,800

With both Jordans at BGS 7.5 (7, 9, 8.5, 9)

The "Big 6" for me:

Kareem
Magic
Bird
Jordan
Kobe
LeBron

If LeBron repeats, or, God forbid, matches MJ and Kobe with a 3-peat, well OMG on his ceiling

For me, beyond these 6 which I have seen play with my own eyes, all the rest is just . . .

Hype

Noise

[Ferg1945]

Originally Posted by wrestlingbulls1

About 2 months ago I picked up a bgs 9.5 rc for 28k. I thought I got a good deal then and now I feel like a king!

Why didn't you buy 2?

[wrestlingbulls1]

Originally Posted by Ferg1945

Why didn't you buy 2?

Couldn’t afford 2

[KB81]

Just did a quick look and not many BGS ones with 9.5 centering out there.
The PSA 6,7 & 8s I saw had clear centering issues.

For those that pay a premium for Centering it is slim pickings.

[rj.cataldo]

Originally Posted by Ferg1945

How many other GOATs are there? When you want a Jordan RC you don't have Prizm, Optic, Select, Topps, National Treasures, Flawless, Fleer, Upper Deck, etc etc etc

It's the 1986 Fleer #57. That's it! Greatest of all time. 6 time NBA Champion. 6 time NBA Finals MVP. 5 time NBA MVP. 6-0 in Finals. 10 time scoring champion.

I understand that aspect. Certainly having only one rookie has impact, and that is not lost on me. Nevertheless, everything you said didn't suddenly become true overight. So the question is why now? As prices rose rapidly thoughout the pandemic, why has this card seen such a substantial rise in the past two months (and really last month)?

Also, I grew up in Chicagoland. Jordan is my PC and my favorite athlete of all time. I can think Jordan is the GOAT and question the rapid rise of the card - they aren't mutually exclusive positions. I'm not arguing that the #57 is a bad card, or Jordan isn't the GOAT, but any asset that rapidly and suddenly rises warrants questioning to what has changed.

Originally Posted by Hellcat

All the naysayers of course don’t own the Jordan! What have you been doing all these years?! Are you new to the hobby? If so it’s understandable.

I've been collecting for 30 years and have owned this card in the past, buying it in 1999. I'll save the details of why/how I sold it, but it was due to a PSA error. The reason I don't own one now is because the card is always avaialble so it gets de-prioritized. When you are a Jordan collector and have the choice between a truly rare card, or a copy of the #57 which is and always will be available, it's not that hard of a choice.

Originally Posted by MBMiller25

This is nothing more than a comment based on your own rationalization in your own mind to sooth the fact you don’t own this card. Anyone that wants to use the pop report on this card as the basis for your argument as to whether the card will or won’t go up in value just doesn’t get it. I’m willing to listen to other arguments you want to make for other cards appreciating at more a rapid pace than a 86 Jordan, but just stop it with the population numbers.

Michael Jordan is the most recognized athlete and human being on the planet. Non-sports people know who Michael Jordan is. Everyone buying sports cards knows this card and this card will always be highly desired and that is a perfect recipe for the card continually appreciating the way that it is. Jordan, 52 Mantle and T-206 Honus Wagner are and always will be the most coveted assets within the card market. It will always be about supply and demand and the demand won’t ever stall for Jordan RC’s.

Why do you think the bolded is not applicable to Jordan? It's supply and demand. Your argument is simply the opposite - the demand is so outsized there will always be people to buy up Jordan's at any price it's available. The question isn't "will the Jordan card go up" the question is "why did the Jordan card nearly double in a month".

You note the 52 Mantle as one of the hobby blue chips. Mantle is one of the most highly collected athletes of all time, and that card has a pop of what, ~1500? Why hasn't that card seen a doubling across all grades over the course of this year? Not enough deep pocketed Mantle/HOF collectors?

[kefskala]

Why is the stock market At 30000? Nasdaq 13000? Real estate keeps going up! Bit coin 33,000... cheap money my man...interest rates at 0... money is flowing like water... people need to put it to work. I bought a psa 9 in December for 24k only because I sold of a few items. Thought I was buying at the top, funny how one month later it doesn’t feel so bad....sports cards are exploding and the time is now. Coin collecting is boring, stamp collecting is the same boring. Now sports cards when you can see your guy in action is exciting!!
Oh and most important to answer your question jordan is a world face and basketball has become a world sport... baseball a little different...

[aaronking23]

Originally Posted by rj.cataldo

The question isn't "will the Jordan card go up" the question is "why did the Jordan card nearly double in a month".

When you are a Jordan collector and have the choice between a truly rare card, or a copy of the #57 which is and always will be available, it's not that hard of a choice.

[Willikn]

Originally Posted by mc1

Star cards werent unlicensed.

The issue with them is that they werent issued in packs or boxes and theres urban legends about counterfeits and reprints.

The Star Co. owner selling tons of "back door" originals via auction in the 90's is not urban legend.

[Willikn]

Originally Posted by rj.cataldo

I understand that aspect. Certainly having only one rookie has impact, and that is not lost on me. Nevertheless, everything you said didn't suddenly become true overight. So the question is why now? As prices rose rapidly thoughout the pandemic, why has this card seen such a substantial rise in the past two months (and really last month)?

From a percentage standpoint, the Jordan growth from pre-pandemic to now is not remotely alarming when compared to cards like the TC LeBron RC, Topps Kobe RC, Topps Durant RC, or Shaq UD RC. It just came later.

Like all of those above it does not appear completely organic either. Last PSA 8 to go at auction had a severely jacked up slab. The $10k bid seems legit. The next two that drove it over $11k are dubious. Some games being played, we agree there.

Originally Posted by rj.cataldo

Why do you think the bolded (Pop Report) is not applicable to Jordan? It's supply and demand. Your argument is simply the opposite - the demand is so outsized there will always be people to buy up Jordan's at any price it's available.

PSA population report (IMO) is least applicable to #57 than any other card. It more than any other card has been subject to crack/cross or crack/regrade strategies given that it has been a bell cow since PSA/BGS opened their doors. I'd bet that plenty of the #57s in slabs today represent as many as 10 different serial numbers. Every one Block has owned represents at least two, right? I am not the caliber of collector that you are and I have cracked five of them from PSA slabs over the last 22 years.

I know that wasn't your point. I was you, making that same point about the Topps Kobe RC over the summer. Here we are though six months later and after a correction the Topps Kobe back on the rise. I bow to the new normal. That new normal, the most available LeBron RC is his Topps paper. So many of his rookie cards with less than 10% of its population, from more expensive products, and a better photo, sell for pennies to its dollar. It took forever, but I have accepted that it is what it is.

[rainmaker]

Originally Posted by Willikn

The Star Co. owner selling tons of "back door" originals via auction in the 90's is not urban legend.

Originally Posted by rainmaker

If you don’t know fir certain what you are talking about please don’t post on star cards. Such a misunderstood era...

[Willikn]

Originally Posted by rainmaker

..

I'd recommend you researching two items. One leads to the next.

1. Levin's sale via auction to the Schonko group presided over by the FBI.

2. Cards like the Jordan "Best of New". Could not possibly have more than 1,000 copies in circulation. Yet there are 5x that many in circulation now. See point #1 for how that happened.

After you do that, you should begin to ask how uncut sheets got out.. and when. There are old articles, I believe in the Chicago Tribune, where Levin was interviewed about how much original product he kept and what he planned to do with it after the values exploded in 1989.

[MJGOAT23]

Originally Posted by rj.cataldo

I understand that aspect. Certainly having only one rookie has impact, and that is not lost on me. Nevertheless, everything you said didn't suddenly become true overight. So the question is why now? As prices rose rapidly thoughout the pandemic, why has this card seen such a substantial rise in the past two months (and really last month)?

Also, I grew up in Chicagoland. Jordan is my PC and my favorite athlete of all time. I can think Jordan is the GOAT and question the rapid rise of the card - they aren't mutually exclusive positions. I'm not arguing that the #57 is a bad card, or Jordan isn't the GOAT, but any asset that rapidly and suddenly rises warrants questioning to what has changed.




I've been collecting for 30 years and have owned this card in the past, buying it in 1999. I'll save the details of why/how I sold it, but it was due to a PSA error. The reason I don't own one now is because the card is always avaialble so it gets de-prioritized. When you are a Jordan collector and have the choice between a truly rare card, or a copy of the #57 which is and always will be available, it's not that hard of a choice.



Why do you think the bolded is not applicable to Jordan? It's supply and demand. Your argument is simply the opposite - the demand is so outsized there will always be people to buy up Jordan's at any price it's available. The question isn't "will the Jordan card go up" the question is "why did the Jordan card nearly double in a month".

You note the 52 Mantle as one of the hobby blue chips. Mantle is one of the most highly collected athletes of all time, and that card has a pop of what, ~1500? Why hasn't that card seen a doubling across all grades over the course of this year? Not enough deep pocketed Mantle/HOF collectors?

Thing is...I'd argue semantics on them being available for sale and being available for actual purchase...When was the last time anyone got a great deal on a Jordan RC??? They're almost always the O/C ones, listed for high BIN and/or some sentimental value attached from a huge fan barely willing to let it be pried from their golum hands, or you're battling 50 other bidders on a popular consigner's auction. I got a nice fair deal on a PSA 5 on here once..almost a couple years ago now. Kudos to that gentleman but most any other time i've seen one online, at a show or even way way back in the early 90's it's always a tough buy...I had to be a long time customer for years for the shop owner to even show me his 86 Fleer sets, never mind sell me an MJ RC. I practically had to beg him to sell me one and finally he did. Anyways, like anything else I know this isnt absolute 100%.. I'm sure others have had easier times landing nice copies but this has been my experience over the years in flipping cross-grading and collecting the #57.