This is a new record for the sale of a collection card.
A LeBron James PatchBrown card, the Upper 2003-04-04, sold at auction for $ 1,845,000 this Sunday at Goldin Auctions to Lob.com CEO Leore Avidar.
The rare card price sets a mark for today’s cards (recognized as produced in 1980 or later) and is the highest amount a basketball has ever been sold.
“If we were talking about a T206 (Honus) Wagner, or a 1952 Mantle (Mickey), it probably wouldn’t be that much news,” said Ken Goldin, founder of Goldin Auctions.
“But when you talk about a card that was produced literally 17 years ago and is for a man who still plays in the NBA, it is shocking news for many people. It really is where my particular industry has been going for several years.” Goldin added.
The record sale surpassed a previous mark set in May when the same auction house sold an impeccable rookie card signed by Mike Trout, for $ 922,500. The Trout card was one of five produced and the highest rated.
The auction house has helped break three modern-day card brands just this year when it sold a Logoman from the exquisite Upper Deck 2003-04 collection with LeBron James and Michael Jordan for $ 900,000, the Trout card in May and the James card being sold. sold this Sunday.
With James wearing the number 23, only 23 of this card were produced, and given that Beckett’s grading service rated it as a flawless 9.5, it was one of only two cards in particular rated as high.
The basketball card market has steadily increased over the years, with more and more sales of modern cards. “Today, I would say that basketball in some cases is stronger than baseball and in other cases it is side by side with baseball,” Goldin said.