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

[Thunderdunk]

Originally Posted by pcptrade

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 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

I doubt we get the chance to find out since there are only 6 of them. But it would be fun to watch.


I for one would rather have the RC then the PMG... But that's just me. And I know I am probably in the minority. I always ask myself would I rather have a Lebron, Tiger Woods or Mickey Mantle 1 of 5 Auto/insert or the Rookie. And I always come back to the Rookie, and it has nothing to do with the amounts. Its just "The Rookie" . Thats just me.

[bberns]

Originally Posted by Thunderdunk

I doubt we get the chance to find out since there are only 6 of them. But it would be fun to watch.


I for one would rather have the RC then the PMG... But that's just me. And I know I am probably in the minority. I always ask myself would I rather have a Lebron, Tiger Woods or Mickey Mantle 1 of 5 Auto/insert or the Rookie. And I always come back to the Rookie, and it has nothing to do with the amounts. Its just "The Rookie" . Thats just me.

I'm with Thunderdunk on this one. There are at least six people out there that would want to win a Jordan measuring contest at any cost. It's a good point on the PMG, but I think that is more of a collector's card whereas the Jordan RC would appeal to many with less experience in the hobby (and funds to spare).

[KhalDrogo]

PMG Green was an undersell anyway. Should have easily cleared $1M. Give Goldin a BGS 10 Fleer, and I wouldn’t be surprised to see it get $1M. Have to wonder who even owns the six. Would guess someone owns multiple copies.

[pcptrade]

Originally Posted by Thunderdunk

I doubt we get the chance to find out since there are only 6 of them. But it would be fun to watch.


I for one would rather have the RC then the PMG... But that's just me. And I know I am probably in the minority. I always ask myself would I rather have a Lebron, Tiger Woods or Mickey Mantle 1 of 5 Auto/insert or the Rookie. And I always come back to the Rookie, and it has nothing to do with the amounts. Its just "The Rookie" . Thats just me.

Yeah, tough to say. I would not be surprised if it fetches 1 million just because there are only 6 and there are no black labels. All it takes is two high end collectors chasing one. Wish there was a 1986 Fleer Black Label

[JohnnyHatesJazz]

86 fleer bgs 10 clears 1mil. Not even a question.

[vintg]

[QUOTE=pcptrade;16777644] 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.

a "jba-auctions" has a 9.5 beckett , it's at 54 k with 4 days to go.

(side-note, it's a beautiful card, but I question the 9.5 sub on the edges,
as it has a "noticeable" white mark on the lower right blue border)

[D4B182]

Just scored this PSA 8 Jordan! Does this look like a "good 8" or a "bad 8" to you guys? Not trying to hijack, but didn't want to start a thread for this either. If I should remove, let me know. Thanks!

[rainmaker]

Looks like a bad photo of an awesome card

[vintg]

Originally Posted by D4B182

Just scored this PSA 8 Jordan! Does this look like a "good 8" or a "bad 8" to you guys? Not trying to hijack, but didn't want to start a thread for this either. If I should remove, let me know. Thanks!

no hijacking at all, all Jordan, all the time, LOL.


looks to me like a pretty nice 8.

like the other posted stated, picture isn't quite clear enough, BUT,

I like it. no blatant white tips on any of the corners, although again,
not super close-up.

the edges look really good, typical l/r centering shift, but not bad.

congrats !!!

[mc1]

Originally Posted by KhalDrogo

PMG Green was an undersell anyway. Should have easily cleared $1M. Give Goldin a BGS 10 Fleer, and I wouldn’t be surprised to see it get $1M. Have to wonder who even owns the six. Would guess someone owns multiple copies.

Reds are better. Print run be damned.

[Hilton]

The BGS 9.5’s with lowest grades 9.5,9.5,9.5 and 9 would cross to only a PSA 9 all day every day.

[bryan2points]

100% agree.

Originally Posted by Hilton

The BGS 9.5’s with lowest grades 9.5,9.5,9.5 and 9 would cross to only a PSA 9 all day every day.

[rj.cataldo]

I've been trying to work my way to a #57 PSA 9, and it feels like a fools errand at this point. The card just keeps skyrocketing faster than I can save for it. I'm a Jordan collector, but I just can't swallow this card at this price. There is way too many of them. I'm sure I'll be wrong, becuase this market is illogical, but I just don't feel like it's a good buy at current prices ($25-$30k??).

I have a long history of mistakes with this card, and am kicking myself for not picking it up about 7-8 years ago when it was $1,900! Earlier this year when choosing between the fleer RC, the star 101 8.5, and a lebron refractor I went with the 101 and it's looking like that was the wrong call...by a lot.

[rainmaker]

You zig while others zag. That’s called winning

[rainmaker]

But #57 is essentially a piece that transcends sports cards. The demand is so high it makes the market seem illogical but it’s not. I don’t believe there are enough specimens to ever satisfy the demand for the foreseeable future.

Perhaps get your foot in the door with a nice 7 or 8?

[kefskala]

Originally Posted by rj.cataldo

I've been trying to work my way to a #57 PSA 9, and it feels like a fools errand at this point. The card just keeps skyrocketing faster than I can save for it. I'm a Jordan collector, but I just can't swallow this card at this price. There is way too many of them. I'm sure I'll be wrong, becuase this market is illogical, but I just don't feel like it's a good buy at current prices ($25-$30k??).

I have a long history of mistakes with this card, and am kicking myself for not picking it up about 7-8 years ago when it was $1,900! Earlier this year when choosing between the fleer RC, the star 101 8.5, and a lebron refractor I went with the 101 and it's looking like that was the wrong call...by a lot.

Roughly 2700 psa 9 is over pop with the demand for the goat? I guess 15000 Luka’s and 13000 zions psa 10 is more logical....

[Willikn]

Originally Posted by kefskala

Roughly 2700 psa 9 is over pop with the demand for the goat?

With the cracking and crossing that's gone on with that card over the last 25 years, I'd guess at least a third of those don't exist. I can account for one that was crossed and I am a very small fish.

[pcptrade]

Originally Posted by Hilton

The BGS 9.5’s with lowest grades 9.5,9.5,9.5 and 9 would cross to only a PSA 9 all day every day.

There are some psa 10's with bad centering that would only be BGS 9 or 9.5 at the best all day because bgs would give them a centering subgrade of 8.5 or 9.

[ThoseBackPages]

Originally Posted by Willikn

With the cracking and crossing that's gone on with that card over the last 25 years, I'd guess at least a third of those don't exist. I can account for one that was crossed and I am a very small fish.

at LEAST.

This card, The Rickey RC and the Jeter SP. all the same deal.

When the price gap between a PSA 9 and a PSA 10 is TENS OF THOUSANDS of dollars, and you are a gambler, you roll those dice EVERY TIME

this was especially true for the MJ back in 2017

[Hilton]

Originally Posted by pcptrade

There are some psa 10's with bad centering that would only be BGS 9 or 9.5 at the best all day because bgs would give them a centering subgrade of 8.5 or 9.

BGS 9.5 with minimum subgrades would not cross to PSA 10 is my point. Unless you crack it out of the BGS holder and then still highly unlikely.

[kefskala]

Originally Posted by pcptrade

There are some psa 10's with bad centering that would only be BGS 9 or 9.5 at the best all day because bgs would give them a centering subgrade of 8.5 or 9.

I agree, the psa 10 auctioned off by sothobey's was way off centered to be a 10...dont understand how that passes..

[KhalDrogo]

Originally Posted by pcptrade

There are some psa 10's with bad centering that would only be BGS 9 or 9.5 at the best all day because bgs would give them a centering subgrade of 8.5 or 9.

But nobody would cross a PSA 10 to a BGS slab unless they were aiming for a 10.

[pcptrade]

Originally Posted by KhalDrogo

But nobody would cross a PSA 10 to a BGS slab unless they were aiming for a 10.

That's exactly my point! A psa 10 can be a bgs 9 or 9.5 based on centering. There is a downside risk in crossing over, so why would any one take that risk? A BGS 9.5 can be a psa 9 or 10 based on subgrade. Hence the reason people take the risk of crossing over a bgs 9.5 to PSA 10 since there is an upside to crossover. I have both psa 10's and BGS 9.5's in my PC. Some of the high end psa 10's that I have sold were bgs 9.5's all day just based on the centering but someone paid a significant premium for my psa 10's compared to BGS 9.5. At the end of the day, it's your money and you do your own due diligence instead of blindly paying 200K for a psa 10 Jordan fleer just because it was graded psa 10. Not all psa 10's and BGS 9.5's are truly gem mints! And when there is a 80% difference in price premium between psa 10 and bgs 9.5, it presents a unique buying opportunity. That's why people say buy the card, not the grade. The premium difference between bgs 9.5 and psa 10's have narrowed down in the past few weeks.

[KhalDrogo]

Originally Posted by pcptrade

That's exactly my point! A psa 10 can be a bgs 9 or 9.5 based on centering. A BGS 9.5 can be a psa 10 or psa 9 based on subgrades. Subjectivity in grading has created a 70% premium difference. I have both psa 10's and BGS 9.5's in my PC. Some of the high end psa 10's that I have sold were bgs 9.5's all day just based on the centering but someone paid a significant premium for my psa 10's compared to BGS 9.5. At the end of the day, it's your money and you do your own due diligence instead of blindly paying 200K for a psa 10 Jordan fleer just because it was graded psa 10. Not all psa 10's and BGS 9.5's are truly gem mints! And when there is a 70% difference in price premium, it presents a unique buying opportunity. That's why people say buy the card, not the grade.

When you’re buying cards that cost six figures, you’re probably not doing it as a hobby. So yes, you absolutely should buy the grade. BGS is pathetic and continues to do nothing to help their standing. PSA 10s command the premium they do because that’s what people want. You know this.

Generally speaking, BGS 9.5s make little sense to me to buy anymore. If you’re a collector, why not pay less and buy a BGS 9? If you’re an investor, why not pay less and buy a BGS 9 with good subs and try to cross to a PSA 10? Even if you fail, you usually still end up ahead with a PSA 9.

[Willikn]

Originally Posted by KhalDrogo

But nobody would cross a PSA 10 to a BGS slab unless they were aiming for a 10.

How many of those six you think were once in a different slab? I'd guess all of them.