Goldin Auction PSA Star Jordan 101: FISHY

[GC1980]

This card sold this past weekend for $75k. This does not make any sense. PSA no longer even grades this set due their inability to determine authentic cards, which was omitted from the auction description, labeling it only as a pop 1.

As an avid Jordan and Star collector, this is suspicious. Assuming one bets on this being a legit example, which it appears to be, this is likely a BGS 8-8.5, and this generous given the corners. Let’s call that $10k-13k max value. Are we really to assume that the oddity of this card being in a PSA slab garners a 7-8x premium?




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[KhalDrogo]

How many copies will PSA grade in the future?

[GC1980]

Originally Posted by KhalDrogo

How many copies will PSA grade in the future?

At this point the answer is zero because they don't stand by their prior slabs of Star cards or their ability to properly authenticate them.

Assuming they ever do I would imagine they will be grading a lot of Jordan 101s.

[KeltonB]

This card also sold for $50k in March 2020 on eBay.

https://www.psacard.com/auctionprice...ction/3465799/

Edit: Final price was not $50k...listing was a BIN w/BO accepted.

https://www.ebay.com/fdbk/feedback_p...dback_page:All

Also odd the seller seems to deal in only sneakers. A cursory look shows this is the only sportscard they've sold.

[KhalDrogo]

Originally Posted by GC1980

At this point the answer is zero because they don't stand by their prior slabs of Star cards or their ability to properly authenticate them.

Assuming they ever do I would imagine they will be grading a lot of Jordan 101s.

That’s your answer. If you want a Star 101 in a PSA slab, this may have been your last chance.

[Doctor Claw]

For what it's worth I don't see that listing in advanced eBay search of past completed sales. Does make one wonder if that eBay "sale" was an attempt to establish some kind of valuation prior to putting it at the later AH. Sadly all too common a move and one of which we buyers need to beware.

The notion of someone wanting a Star 101 simply in the PSA plastic and sticker— a slab/sticker behind which PSA doesn't even stand— to the tune of 75k does strain credulity. The notion of two or more people willing to spend/bid that curiosity up to 75k strains it even more so.

[Justin7]

Collectible items that can never be obtained again have infinite potential value.

[Erikthredd]

Originally Posted by KeltonB

This card also sold for $50k in March 2020 on eBay.

https://www.psacard.com/auctionprice...ction/3465799/

Edit: Final price was not $50k...listing was a BIN w/BO accepted.

https://www.ebay.com/fdbk/feedback_p...dback_page:All

Also odd the seller seems to deal in only sneakers. A cursory look shows this is the only sportscard they've sold.

I remembering commenting about this sale over on the CU forums at the time, IIRC it sold for a best offer of $10.5K.

EDIT: I found my comment from that old thread, the PSA 8 had an asking price of $50k and sold on best offer of $10.6k. However,I don't know if it got paid for or not.

[elsoblanco]

As an aside, are examples in Beckett holders still considered good to go?

[Sutantoj]

I used to own another copy of PSA 8 MJ Star 101 (diff serial number), so at least there are 2 out there.
Sold it to BO member here 4-5 years ago for 6 K

[Erikthredd]

Here's the PSA pop report for graded 1985 Star 101's.

[shu4040]

Not fishy

super interesting sale and sets the market for one of those 10 rare PSAs

[Sutantoj]

basically u pay extra money for psa slab

[Doctor Claw]

In most cases, yes, but extra money is not 65k. And extra money is spent when the PSA grade is actually valid— not factually invalidated/disavowed by PSA itself, as is the case here. PSA no longer grades the card as they don’t stand by the ones they authenticated. The only rarity here is in the disavowed plastic and sticker. I think the description should have explained the full circumstance.

[thenwhatjk]

Originally Posted by Doctor Claw

In most cases, yes, but extra money is not 65k. And extra money is spent when the PSA grade is actually valid— not factually invalidated/disavowed by PSA itself, as is the case here. PSA no longer grades the card as they don’t stand by the ones they authenticated. The only rarity here is in the disavowed plastic and sticker.

Yeah but whatevs, you know?

[patchgenie]

have to pay to play

[mc1]

Originally Posted by Sutantoj

basically u pay extra money for psa slab

Fantastic slab and label!

[Kodiak10]

Originally Posted by GC1980

At this point the answer is zero because they don't stand by their prior slabs of Star cards or their ability to properly authenticate them.

I'm not saying your wrong, but what you said doesn't make any sense. PSA won't stand behind something that they authenticated whether yesterday or 30 years ago. If that is the case, they should either buy the card back when that happens or if the seller isn't willing to let go, refund their money if original owner still has and let it be known with a list on their homepage permanently.


Does anyone know if they have a disclosure that states they reserve the right to de-authenticate something they authenticated at any time? It's hard for me to wrap my head around this idea. It's what they do.

[ninjacookies]

'Look. I've already discussed this ad nauseam. This is why I knew it was a bad idea to post on this forum in the first place. But I mean, if you got a problem with that....we can always step outside and figure it out.'

[bpolla4]

From what I see this card has a pop under 10. This is such a rare Jordan and we could go years without seeing another one available.

I think this has the potential to be worth much more in the next couple years. Wish I had the cash - Would of loved to added this one to the collection.

[prankster]

In my humble view, it's pathetic that PSA refuses to train its graders so that they can start grading what is arguably an actual MJ rookie card. That being the case, people are free to pay extra money for a slab.

[The Finest]

To answer you question; Yes

[6celtics33]

Originally Posted by bpolla4

From what I see this card has a pop under 10. This is such a rare Jordan and we could go years without seeing another one available.

I think this has the potential to be worth much more in the next couple years. Wish I had the cash - Would of loved to added this one to the collection.

It’s not a rare Jordan as you say

It’s a rare case

You can buy the card every day from graded companies that have been trained to grade them.

Why would you want one in a PSA case when they stopped grading them because they say they can’t tell real ones from fake ones. Seems like a bad idea.

[hauntedcomputer]

Pretty simple to me. A lot of these rich new investor types only know PSA, and only know grades and not much about cards, and know "Jordan rookie dur good!." So if you're really rich and you can get one of the only few copies of something, plus be able to brag on the registry, why would you NOT bid crazy money? Most of this cardboard craziness is all about zippin' down and whippin' out for the measuring stick.

[oaklandasfan]

Originally Posted by ninjacookies

'Look. I've already discussed this ad nauseam. This is why I knew it was a bad idea to post on this forum in the first place. But I mean, if you got a problem with that....we can always step outside and figure it out.'

Omg lol