The highest price paid for a basketball card and any modern trading card was established last month when Goldin Auctions brokered the sale of a LeBron James-Michael Jordan Logoman trading card between unidentified collectors.
The 2003-04 Upper Deck Exquisite Collection LeBron James/Michael Jordan Logoman Card (#1/1) sold for a record $900,000.
The previous record for a basketball card was a 1969/70 Topps #25 Lew Alcindor PSA Gem MT sold at auction for $501,900 in 2016.
"We are proud to report that this sale nearly doubled that price and joins the famed 1952 Topps Mickey Mantle rookie card and classic T206 Honus Wagner card as the only trading cards to ever reach this level," said Ken Goldin, founder and CEO of Goldin Auctions.
The Holy Grail of baseball cards, the 1909 Honus Wagner T206, sold for a record $3.12 million and the famous 1952 Topps Mickey Mantle sold for $2.88 million.
"Several years ago we saw the modern trading card market growing in popularity and have made it a major focus of our business,” Goldin said. “This sale demonstrates the strength of this vibrant market of which we are the industry leader."