Bidding for a complete, gem mint graded 1986-87 Fleer basketball set appears well on its way to reaching its pre-sale estimate–and then some.
The set–along with the 11-card sticker set that was part of the issue–is the star attraction in Heritage Auctions’ Summer Trading Card Catalog, with bidding set to run through July 30. As of Thursday night, the high bid was $140,000. Taking into account the buyer’s premium, it was at $168,000, just $32,000 short of the pre-sale estimate with a week left in the bidding.
A complete PSA 10 set sold for $63,859 in June of 2019, illustrating the marked rise in value for one of the hobby’s most popular modern era sports card sets.
Of course, the Michael Jordan rookie card is the primary driver of value for the popular issue, which signaled a mainstream comeback for basketball cards 33 years ago. Ten years ago, the value of a Jordan graded 10 was just settling into the low five-figures. Now, they’ve elevated into the $100,000 neighborhood.
The set does include some other big names including rookie cards of Charles Barkley, Clyde Drexler, Patrick Ewing, Karl Malone, Hakeem Olajuwon, Isiah Thomas, Dominique Wilkins, James Worthy and Chris Mullin. The 132-card checklist also has Magic Johnson, Julius Erving, Larry Bird and Kareem Abdul-Jabbar, among others. The 11-player sticker set has Jordan, too, with single PSA 10 copies typically pushing past $25,000.
The auction also includes another ’86-87 Fleer set with 37 graded cards including both Jordans rated PSA 9 and nine individual Jordan rookie cards and stickers.
Over 2,000 lots are featured in the auction, which closes over a two-night period July 30 and 31.