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Market Report: 1986-87 Fleer Michael Jordan Cards Soaring

It isn’t scarce.  Not in the true sense of the word.  PSA has examined over 14,000 of them alone and when you count Beckett and SGC as well as the many cards sitting in sets or just left ungraded, it’s clear you don’t have to go far to find one.  However, the 1986-87 Fleer Michael Jordan card is clearly the most popular basketball card ever made and prices continue to steadily climb.

It may be a case similar to that of the Babe Ruth autographed baseball:  many exist, but still not enough to satisfy demand.

Jordan rookie The PitBGS 10 Michael JordanFrom kids who idolized his ability and are now grown and able to afford one to adults who believe there is more growth to come and are investing in Michael Jordan rookie cards, there is always interest. In 2009 we wrote that high grade Jordan rookie cards still seemed to be a good buy and indeed, dealers have seen semi-explosive growth in the last couple of years.

From September of 2013 to February 20 of 2014, no Jordan card graded 8.5 by PSA sold for over $1,000.  Since then, the average price has been around $1,250.

Prices for mint Jordans (graded 9) have more than doubled since 2007.  As recently as 2013, 9’s often struggled to reach $2,000 but one sold for $3,383 this year and many have brought $2,500-$3,000.  Even just three years ago, $1,000-$1,500 was the going rate.

Beckett Graded 9.5 Jordan rookie cards are hot, too.  One sold last week for over $5,600.  Three years ago, a Pristine BGS 10 sold for $100,000, generating some headlines and possibly helping fuel some of the growth for lesser graded Jordan rookies.

According to Vintage Card Prices, 13 of the last 16 sales of Jordan rookie cards in PSA 10 holders have been at $10,000 or more, again showing a 100% growth rate compared to 2007 levels when the going rate was around $5,000.  Even in 2012, average selling prices fell between $8,000 and $9,500.

The Jordan sticker from that inaugural 1980s Fleer set has also been climbing in price, especially graded examples.

Below is a list of the most watched 1986-87 Fleer Micheal Jordan cards for sale on eBay right now.

1986-87 Fleer Basketball #57 Michael Jordan Bulls RC Rookie BGS 9 MINT w 9.5
32 bids - Price: $1,917.00 - Watchers: 68
Item # 371141431020
1986-87 Fleer #57 Michael Jordan Chicago Bulls Rookie RC KSA 10 GEM MINT
20 bids - Price: $355.00 - Watchers: 50
Item # 381000365763
1986-87 Fleer Basketball Michael Jordan RC Rookie HOF KSA 10 GEM MINT CENTERED
26 bids - Price: $815.00 - Watchers: 46
Item # 371143990260
Michael Jordan Rookie 1986-87 Fleer RC #57 BEAUTIFUL !!
22 bids - Price: $275.00 - Watchers: 34
Item # 381002827794
1986-87 Fleer Basketball #57 Michael Jordan Rookie RC HOF BGS 8 NM-MT w/ 9
30 bids - Price: $1,050.00 - Watchers: 32
Item # 361049326665
1986-87 FLEER MICHAEL JORDAN ROOKIE CARD PSA 6.5 EX-MT+
16 bids - Price: $449.44 - Watchers: 28
Item # 390932974224
1986-87 Fleer Basketball #57 Michael Jordan Bulls RC Rookie BGS 4.5 VG-EX+ w 8.5
34 bids - Price: $375.00 - Watchers: 26
Item # 371143897887
1986-87 Fleer Sticker Basketball Michael Jordan Bulls RC Rookie SGC 96 MINT 9
14 bids - Price: $242.50 - Watchers: 18
Item # 380999401310
1986-87 Fleer #57 Michael Jordan KEY RC Rookie BGS 6 Great centering BULLS 86/87
7 bids - Price: $317.00 - Watchers: 18
Item # 331325631135
BGS 5.5 EXCELLENT+ 1986-87 FLEER STICKER MICHAEL JORDAN RC #8 CHICAGO BULLS HOF
24 bids - Price: $51.00 - Watchers: 12
Item # 231334760042
Patrick Ewing Karl Malone Akeem Olajuwon Michael Jordan 1986/87 88 Fleer RC Lot
5 bids - Price: $56.78 - Watchers: 11
Item # 380999840735
1986-87 FLEER BASKETBALL STICKER MICHAEL JORDAN #8 NRMT/MT
3 bids - Price: $61.02 - Watchers: 7
Item # 111467675875
1986-87 FLEER CHICAGO BULLS MICHAEL JORDAN ROOKIE Authorized REPRINT -High Grade
3 bids - Price: $7.00 - Watchers: 5
Item # 261595408552
MICHAEL JORDAN 1986 87 FLEER STICKER # 8 BULLS ROOKIE STICKER PSA 8 (ST)
8 bids - Price: $59.88 - Watchers: 5
Item # 311097712881
1986-87 FLEER BASKETBALL WAX WRAPPER MICHAEL JORDAN ROOKIE YEAR
3 bids - Price: $16.05 - Watchers: 3
Item # 131297104220
1986-87 Fleer & 1984-85 Star Michael Jordan #101 Red & Black Authorized Reprints
1 bids - Price: $9.99 - Watchers: 3
Item # 321528773513
About Rich Mueller

Rich is the editor and founder of Sports Collectors Daily. A broadcaster and writer for more than 30 years and a collector for even longer than that, he's usually typing something somewhere. Type him back at [email protected].

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