OT: Michael Jordan Mania

[rjackson44]

Originally Posted by sportscardpete

The guy who bought the $840k Jordan with the PWCC sticker disclosed it.

Not saying anything about the price, just that it was disclosed.

hi pete crazy what a sticker can do

[packs]

No idea if that price was really paid but this article from last month is really interesting: https://www.sportscollectorsdaily.co...record-840000/

This is the part I find interesting:

PWCC Marketplace reported the record sale for a PSA 10 1986-87 Fleer Michael Jordan rookie card at $840,000 late Saturday night. The sale, which took place in the company’s July topped the previous mark for a Jordan rookie card by more than $100,000.

The price is far above all recent sales of PSA 10 Jordan rookie cards. After reaching a high of over $700,000 at Goldin Auctions in late January, numerous examples arrived on the market in the next several months with recent prices settling between $212,000 and $270,000.

[Snapolit1]

I'm going to start a company that, as a fair price, will put a sticker on your house in connection with your real estate sale. Some houses will be within 5% of best houses in the neighborhood, other houses will get a special sticker that says "High End" or "Good Eye Appeal". Granted I will have to make my stickers a little larger than card sellers.

[sportscardpete]

Originally Posted by rjackson44

hi pete crazy what a sticker can do

I am trying to get a sticker on my t206 cobb PSA 2 - fingers crossed (kidding haha).

The easy thing to do is to knock the price of the $700k. But as mentioned earlier, these were selling for 20k just a few years ago. So even at 180k that's 9x in 2-3 years. That doesn't happen in vintage. So seeing a card run from 20k to 700k and back to 200k so mostly for the ~10-15% that bought at the top.

Also - if I have the funds to spend 700k on a Jordan I probably am not beating myself up over the drop to 200k. Yes I would be annoyed. Odds are there is plenty of other money sloshing around if that person can drop that on one specific card (assuming it was a person and not a fund).

And no, I can't relate to someone that spent 700k on a card. or 70k.