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Market Report: 1986-87 Fleer Michael Jordan Cards Soaring

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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 Michael Jordan Fleer #57 Rookie Card PSA 10 GEM MINT
33 bids - Price: $6,188.00 - Watchers: 137
Item # 111528368979
1986-87 FLEER # 57 MICHAEL JORDAN - ROOKIE - BGS - 9 W/ 9,5 CENTERING
16 bids - Price: $1,111.07 - Watchers: 54
Item # 321596276855
1986-87 Complete Set Fleer Basketball Cards and Stickers incl. Michael Jordan
34 bids - Price: $1,050.00 - Watchers: 40
Item # 201224340514
1986/87 FLEER MICHAEL JORDAN RC #57 CHICAGO BULLS BGS 9 MINT #0007532615
15 bids - Price: $1,000.00 - Watchers: 37
Item # 321598653645
1986-87 Fleer #57 Michael Jordan Chicago Bulls Rookie RC BCCG 7
34 bids - Price: $296.00 - Watchers: 33
Item # 371200527981
Lot Of (15) 1986-87 Fleer Michael Jordan #57 Rookie RC RP Cards
18 bids - Price: $20.00 - Watchers: 23
Item # 131357640313
1986-87 FLEER RC #57 MICHAEL JORDAN BULLS PSA VG 3 ROOKIE
4 bids - Price: $310.00 - Watchers: 22
Item # 331394531602
BGS 9.5 MICHAEL JORDAN 2006-07 FLEER 1986-87 20TH ANNIVERSARY #57 SP INSERT RARE
11 bids - Price: $26.50 - Watchers: 19
Item # 131360926614
1986-87 Fleer Sticker #8 MICHAEL JORDAN RC - Chicago Bulls
6 bids - Price: $14.73 - Watchers: 14
Item # 251731569090
1986-87 Fleer Basketball Complete Sticker Set. Michael Jordan Card Graded PSA 8
7 bids - Price: $146.50 - Watchers: 10
Item # 201227015935
1986-87 Michael Jordan Fleer Rookie Card Reprint
6 bids - Price: $1.99 - Watchers: 8
Item # 141482955697
1986-87 Fleer Stickers Michael Jordan Rookie Card BGS 6.5 EX-MINT+ 5.5 9 9 8.5
5 bids - Price: $46.00 - Watchers: 7
Item # 281508246331
1996-97 Ultra Decade of Excellence 1986-87 Fleer Reprint SET W/ Michael Jordan
3 bids - Price: $4.25 - Watchers: 6
Item # 371196974952
1986-87 FLEER #57 MICHAEL JORDAN - ROOKIE - GRADED SGC 70 EXT-5.5 NICE CARD
1 bids - Price: $249.00 - Watchers: 6
Item # 381070337565
1986/87 FLEER BASKETBALL STICKERS MICHAEL JORDAN ERVING DANTLEY ENGLISH WILKINS
4 bids - Price: $81.00 - Watchers: 4
Item # 221616794996
1986-87 Fleer Michael Jordan Rookie Sticker #8 PSA NM 7
4 bids - Price: $6.50 - Watchers: 3
Item # 291310254393
Michael Jordan Chicago Bulls HOF 1986-87 Fleer #57 Rookie MINT! RC J5
1 bids - Price: $0.99 - Watchers: 3
Item # 141488503884

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