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Michael Jordan Rookie Card Sells for $2.5 Million With Single Bid

Pharrell Williams’ auction house JOOPITER debuted in sports memorabilia with the record-setting sale.

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Overview

  • The 1986-87 Fleer rookie card sold for $2.5 million including a 25% buyer’s premium, marking the highest price achieved for that card in any grade.
  • The online auction at JOOPITER drew only one bid at its $2 million starting price, raising questions about collector demand at high entry points.
  • Graded PSA Mint 9 with a Gem Mint 10 signature, the card was one of nine Jordan signed in 2024, six of which earned perfect PSA 10 autograph grades.
  • At $2.5 million, the sale ranks as the third-highest public transaction for any Michael Jordan trading card.
  • Renewed interest from younger collectors after the release of The Last Dance documentary has driven up values for Jordan’s memorabilia.