Michael Jordan RC, PSA 10, shatters 100k !!! - Page 72

rw7183 · 01-30-2021, 10:53 PM

First time following Goldin auctions on closing date. Did Lot #178 (the BGS 9.5) close at $66,000?

rats60 · 01-30-2021, 10:54 PM

Quote:

Originally Posted by Ferg1945

The non centered one is now $600K!!!

Buckle up... we gonna be here a while

Clearly people are buying the flip and not the card. No way that should be a 10. I would rather have a centered BGS 9.5/PSA 9.

Ferg1945 · 01-30-2021, 10:54 PM

Quote:

Originally Posted by interestingcool

Hmm, i'm only seeing them at 500k

with Buyers Premium they are $600K

$500,000 x 1.2 = $600,000

Buyer Premium is 20%

vintg · 01-30-2021, 10:56 PM

Quote:

Originally Posted by rats60

Clearly people are buying the flip and not the card. No way that should be a 10. I would rather have a centered BGS 9.5/PSA 9.

this literally stuns me.

Brent72 · 01-30-2021, 10:58 PM

Just when I thought they were tapped out both went to $660K!!!

Ferg1945 · 01-30-2021, 10:58 PM

$660K now on the centered one.

The non centered one might be done... just a couple minutes left.

Ok I'm wrong.... $660K on both

Brent72 · 01-30-2021, 11:01 PM

Now $720k. These maniacs might get it to a million tonight!

visualplane · 01-30-2021, 11:03 PM

Woooooooowwwwww

Foo3112 · 01-30-2021, 11:03 PM

Soooooo I guess this will sell as a straight BIN tonight

https://www.ebay.com/itm/1986-Fleer-...IAAOSwUCFgB-ap

Ferg1945 · 01-30-2021, 11:06 PM

Quote:

Originally Posted by Brent72

Now $720k. These maniacs might get it to a million tonight!

It's only 8PM on the west coast.

All the time in the world.

Ferg1945 · 01-30-2021, 11:07 PM

Quote:

Originally Posted by Foo3112

Soooooo I guess this will sell as a straight BIN tonight

https://www.ebay.com/itm/1986-Fleer-...IAAOSwUCFgB-ap

Looks like it just might. 1 of the 2 losers might just snatch it.

vintg · 01-30-2021, 11:07 PM

Quote:

Originally Posted by Brent72

Now $720k. These maniacs might get it to a million tonight!

seriously. holy crap.

this is insane.

Hellcat · 01-30-2021, 11:07 PM

This is crazy what is going on here???

Ferg1945 · 01-30-2021, 11:09 PM

At this point I'm not sure if these will bump the 9s and 8s much.

These are just getting out of hand.... in a whole new universe.

KB81 · 01-30-2021, 11:10 PM

Damn

Hold on to your knickerbockers ladies.

We are primed to see $1M+ by end of this.

Hot damn!!

Brent72 · 01-30-2021, 11:11 PM

OK, follow my logic on this one: A PSA 10 Kobe Chrome Refractor just went for $450k and a BGS 9 went for $103K. I'm assuming a PSA 9 would bring around $125K so approximately 28% value of the 10 which seems to be the norm.

If a PSA 10 MJ is now $720K that would put PSA 9s at $200K. Can anyone here honestly see that happening anytime soon? I think it's more likely to hit $80-100k, but not jumping up to anywhere near $200k.

Towns322Wiggins · 01-30-2021, 11:14 PM

Quote:

Originally Posted by Brent72

OK, follow my logic on this one: A PSA 10 Kobe Chrome Refractor just went for $450k and a BGS 9 went for $103K. I'm assuming a PSA 9 would bring around $125K so approximately 28% value of the 10 which seems to be the norm.

If a PSA 10 MJ is now $720K that would put PSA 9s at $200K. Can anyone here honestly see that happening anytime soon? I think it's more likely to hit $80-100k, but not jumping up to anywhere near $200k.

The 9 has got to easily be $150k+ card now, right?

It’ll take some time for the market to catch up, but it’s bound to happen.

interestingcool · 01-30-2021, 11:16 PM

Quote:

Originally Posted by Brent72

OK, follow my logic on this one: A PSA 10 Kobe Chrome Refractor just went for $450k and a BGS 9 went for $103K. I'm assuming a PSA 9 would bring around $125K so approximately 28% value of the 10 which seems to be the norm.

If a PSA 10 MJ is now $720K that would put PSA 9s at $200K. Can anyone here honestly see that happening anytime soon? I think it's more likely to hit $80-100k, but not jumping up to anywhere near $200k.

I don't see why this card would be an outlier in that its 10 goes for exponentially/proportionally a lot more than its 9 and 8 counterparts. Rising tide raises all ships, right?

JohnnyHatesJazz · 01-30-2021, 11:17 PM

10's are just expanding their multiples over 9's and all the other grades. The lower grades will still go up but not at the percentages people are affixing to them as compared to 10's.

Brent72 · 01-30-2021, 11:18 PM

There are 3 different 9s ending tomorrow night on PWCC. The 9s on Goldin ended far before the extended bidding insanity on the 10s so it should be interesting to see what happens with them. I can't see prices shooting from $50k to over $100k overnight, but hopefully it happens in the coming weeks.

6celtics33 · 01-30-2021, 11:19 PM

How does that work at these levels though. Psa 10 is for rich people. Ok they spend millions and the precedence is set.

Now what? Regular people are supposed to pay 200k for a 9? 80k for an 8?

Theres too many cards and not enough $ out there to cover the multiples.

I agree in theory and on paper it should make x, y, and z worth whatever but you guys are equating literal millionaires spending habits to yours and ours. It doesn't work.

Brent72 · 01-30-2021, 11:20 PM

Quote:

Originally Posted by JohnnyHatesJazz

10's are just expanding their multiples over 9's and all the other grades. The lower grades will still go up but not at the percentages people are affixing to them as compared to 10's.

That's why I used the Kobe Refractor comparison. The 28% or so rule held true with it and that's a VERY expensive card so how much of a variance is there going to be with the Fleer MJ?

Towns322Wiggins · 01-30-2021, 11:21 PM

Quote:

Originally Posted by 6celtics33

How does that work at these levels though. Psa 10 is for rich people. Ok they spend millions and the precedence is set.

Now what? Regular people are supposed to pay 200k for a 9? 80k for an 8?

Theres too many cards and not enough $ out there to cover the multiples.

I agree in theory and on paper it should make x, y, and z worth whatever but you guys are equating literal millionaires spending habits to yours and ours. It doesn't work.

Not all buyers are individuals. At these price points, there are plenty of buyers groups and alternative asset firms that are after these cards.

Foo3112 · 01-30-2021, 11:21 PM

I can certainly see the 9's at 80K+ more but at 200K, I don't think so. At least not yet.

So a PSA 10 sold yesterday on eBay for $350K (BIN). If the seller hasn't shipped out the card yet, what are the actual odds that the buyer actually receives it now? Me, I'll take the negative. No way would I let it go for $350K after seeing it double in 24 hours after that sale lol.

tedwilliamsfan · 01-30-2021, 11:22 PM

It's going to take some time for me to wrap my brain around all of this. I truly believe these new record sales will raise much of the Jordan market as a whole. I wish everyone good luck on whatever you choose to do with your cards. Mine are in a safe deposit box, and right now I wish I had them in front of me so I could enjoy this even more.

01-30-2021, 11:10 PM	#1790
KB81 Member Join Date: Jun 2012 Location: Norf Crackalacka Posts: 11,729	Damn Hold on to your knickerbockers ladies. We are primed to see $1M+ by end of this. Hot damn!! __________________ IT IS WHAT IT IS AND IT AINT WHAT IT'S NOT - KB81

01-30-2021, 11:17 PM	#1794
JohnnyHatesJazz Member Join Date: Nov 2018 Posts: 6,092	10's are just expanding their multiples over 9's and all the other grades. The lower grades will still go up but not at the percentages people are affixing to them as compared to 10's. __________________ Mayor of Bradyville https://www.instagram.com/lebronhaines/

01-30-2021, 11:22 PM	#1800
tedwilliamsfan Member Join Date: Dec 2011 Location: Chicago Suburbs Posts: 2,526 jimihendrixfan	It's going to take some time for me to wrap my brain around all of this. I truly believe these new record sales will raise much of the Jordan market as a whole. I wish everyone good luck on whatever you choose to do with your cards. Mine are in a safe deposit box, and right now I wish I had them in front of me so I could enjoy this even more. __________________ I collect Michael Jordan, 1950's Willie Mays PSA, and Pokemon cards.

01-30-2021, 10:53 PM	#1776
rw7183 Member Join Date: Dec 2011 Location: New York Posts: 595 rw7183 rw7183	First time following Goldin auctions on closing date. Did Lot #178 (the BGS 9.5) close at $66,000?

01-30-2021, 10:58 PM	#1780
Brent72 Member Join Date: Jun 2016 Location: Illinois Posts: 697	Just when I thought they were tapped out both went to $660K!!!

01-30-2021, 10:58 PM	#1781
Ferg1945 Member Join Date: Oct 2007 Location: Midwest Posts: 14,719	$660K now on the centered one. The non centered one might be done... just a couple minutes left. Ok I'm wrong.... $660K on both

01-30-2021, 11:01 PM	#1782
Brent72 Member Join Date: Jun 2016 Location: Illinois Posts: 697	Now $720k. These maniacs might get it to a million tonight!

01-30-2021, 11:03 PM	#1783
visualplane Member Join Date: Sep 2019 Location: Queens, NY Posts: 1,400 vp007	Woooooooowwwwww

01-30-2021, 11:03 PM	#1784
Foo3112 Member Join Date: Mar 2016 Location: N/A Posts: 833	Soooooo I guess this will sell as a straight BIN tonight https://www.ebay.com/itm/1986-Fleer-...IAAOSwUCFgB-ap

01-30-2021, 11:07 PM	#1788
Hellcat Member Join Date: Aug 2020 Posts: 2,295	This is crazy what is going on here???

01-30-2021, 11:09 PM	#1789
Ferg1945 Member Join Date: Oct 2007 Location: Midwest Posts: 14,719	At this point I'm not sure if these will bump the 9s and 8s much. These are just getting out of hand.... in a whole new universe.

01-30-2021, 11:11 PM	#1791
Brent72 Member Join Date: Jun 2016 Location: Illinois Posts: 697	OK, follow my logic on this one: A PSA 10 Kobe Chrome Refractor just went for $450k and a BGS 9 went for $103K. I'm assuming a PSA 9 would bring around $125K so approximately 28% value of the 10 which seems to be the norm. If a PSA 10 MJ is now $720K that would put PSA 9s at $200K. Can anyone here honestly see that happening anytime soon? I think it's more likely to hit $80-100k, but not jumping up to anywhere near $200k.

01-30-2021, 11:18 PM	#1795
Brent72 Member Join Date: Jun 2016 Location: Illinois Posts: 697	There are 3 different 9s ending tomorrow night on PWCC. The 9s on Goldin ended far before the extended bidding insanity on the 10s so it should be interesting to see what happens with them. I can't see prices shooting from $50k to over $100k overnight, but hopefully it happens in the coming weeks.

01-30-2021, 11:19 PM	#1796
6celtics33 Member Join Date: Jun 2015 Posts: 8,252	How does that work at these levels though. Psa 10 is for rich people. Ok they spend millions and the precedence is set. Now what? Regular people are supposed to pay 200k for a 9? 80k for an 8? Theres too many cards and not enough $ out there to cover the multiples. I agree in theory and on paper it should make x, y, and z worth whatever but you guys are equating literal millionaires spending habits to yours and ours. It doesn't work.

01-30-2021, 11:21 PM	#1799
Foo3112 Member Join Date: Mar 2016 Location: N/A Posts: 833	I can certainly see the 9's at 80K+ more but at 200K, I don't think so. At least not yet. So a PSA 10 sold yesterday on eBay for $350K (BIN). If the seller hasn't shipped out the card yet, what are the actual odds that the buyer actually receives it now? Me, I'll take the negative. No way would I let it go for $350K after seeing it double in 24 hours after that sale lol.