They don’t come on the market very often, with collectors who own them opting to hang on for fear of never seeing another, but one of Michael Jordan’s most sought after trading cards is going up for sale next month.
Heritage Auctions is holding an auction devoted entirely to modern cards early next year and one of the featured items is a 1997 Upper Deck Game Jerseys autographed Jordan card. Hand-numbered 8/23 and graded 7 NM by PSA (autograph grade=8), the card carries a pre-sale estimate of $400,000 or more.
The card is somewhat historic from a hobby perspective. It’s the basketball follow up to the first game-used jersey cards ever put into card packs by Upper Deck in its 1997 baseball card set.
While there were only three baseball players utilized, Upper Deck expanded the set to 22 players its NBA set and also randomly inserted the 23 Jordan versions that carried Jordan’s autograph.
The back of the Jordan cards states that the fabric is from a jersey worn by Jordan in the 1992 NBA All-Star Game.
In November of 2018, the ’97 Game Jerseys Jordan card numbered 18/23 and graded 8 by Beckett sold for $94,630. In 2014, an 8.5 netted $45,988. However, explosive interest in Jordan cards over the last year has rendered a lot of earlier sales nearly obsolete, with immense interest in the rare insert cards and high-grade Jordan rookies pushing prices to a new level.
The auction is scheduled to open January 14 and close February 4.