Michael Jordan’s Logoman Card Sells for $2.9 Million

In the world of sports memorabilia, where nostalgia meets investment potential, enthusiasts witnessed a historic moment as a 2003 Upper Deck Ultimate Logos autograph card of basketball icon Michael Jordan set a new record by selling for over $2.9 million at a Goldin Auctions event. This exceptional card, distinguished by its 1/1 designation, showcased a unique game-used NBA “Logoman” patch alongside Jordan’s signature in a striking blue ink, instantly making it a sought-after treasure among collectors.

The remarkable journey of this card commenced with a modest opening bid of $200,000 on April 19, quickly escalating as astute bidders recognized its unparalleled rarity. Following a fierce bidding war involving 38 bids, the card ultimately found its new owner for a staggering $2.4 million late on a Saturday evening. Authenticated and graded by PSA, the card boasted an ‘Authentic’ rating and a flawless 10 for the signature, highlighting its impeccable condition and extraordinary scarcity.

Not only did this sale shatter the previous record for the highest-selling Michael Jordan card, surpassing the $2.7 million mark set by a 1997-98 Upper Deck Game-Used Jersey Jordan card, but it also underscored the enduring fascination and value of memorabilia associated with Jordan. The former record-holder featured a snippet of Jordan’s jersey from the 1992 All-Star Game and was among the pioneering jersey cards incorporated into sports card packs.

Even in retirement, Michael Jordan continues to dominate the sports memorabilia market, with his items commanding top prices. From the most expensive sports jersey ever sold—a 1998 NBA Finals jersey fetching a remarkable $10.1 million—to this recent record-breaking card sale, Jordan’s legacy remains unparalleled in the realm of collectibles.

The Goldin ‘Elite 100′ auction served as a pinnacle of luxury in sports memorabilia sales, showcasing premium trading cards and game-worn relics. Among the standout items were two other Jordan cards—an 1986-87 Fleer rookie card selling for $292,800 and a 1997-98 Skybox Precious Metal Gems Red card fetching $298,900—underscoring the robust market and collectors’ fervor for rare Jordan memorabilia.

In addition to the Jordan pieces, the auction featured a diverse array of sports memorabilia, including a prized graded example of an 1890-92 John Ryder Studio Cy Young cabinet card that sold for a remarkable $500,200. Significant sales also included iconic cards like Babe Ruth’s 1933 Goudey card and a distinctive 2017 Panini Flawless Symbolic Signatures card of football star Patrick Mahomes.

A touching highlight of the auction was the sale of Kobe Bryant’s jersey worn during the game where he famously tore his Achilles tendon but managed to shoot his free throws. Autographed by Bryant, this jersey fetched over $1.2 million, illustrating the emotional and historical value attached to such poignant sports artifacts.

Among the other notable items was a pair of Michael Jordan’s Nike shoes worn during the 1985 exhibition game in Italy, where he famously shattered a backboard. These iconic shoes, bearing a fragment of glass in the sole, were sold for $413,580, reflecting a slight decrease from their previous auction price in 2020.

Furthermore, a Mickey Mantle game-used jersey from 1957 commanded a solid $457,500 at the auction, highlighting the lasting nostalgia and reverence for sports legends across different eras. While showcasing the luxury and potential investment opportunities in sports memorabilia, the event also celebrated the profound history and impact of these sports icons through the tangible items they once owned or used.

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