Those who invested in shares of a fully PSA 10 graded 1986-87 Fleer Basketball set through Otis late last year stand to make a decent profit should they vote to accept a buyer’s offer of $650,000.
That offer—which amounts to $28.26 per share, represents a 182.6% gain for those who bought in when it was first offered at $10 per share. The set had been trading at $19.25 per share late last week so even those who bought in after the IPO would come out ahead.
Shareholders have until 5 PM EST Monday afternoon to vote to accept or reject the offer. The Otis team gets the final say based on a number of factors including that vote.
One of the four 2018 National Treasures Luka Doncic Rookie Patch Autograph cards (#10/99) to be graded PSA 10 sold for $780,000 late Saturday night in PWCC’s December Premier Auction.
That was just one of two dozen items to reach six-figure prices in an auction of over 250 cards that generated more than $14 million in sales.
A 1954 Topps Hank Aaron PSA 9 rookie card sold for $528,000. One of the 16 2003 Exquisite Collection Limited Logos LeBron James RPA’s (#58/75) graded BGS 9.5 netted $444,000. One of the two 2003 Exquisite Collection LeBron James RPAs (#24/100) graded PSA 10 went for $384,000 while one of the two PSA 10 2017 Panini Contenders Cracked Ice Patrick Mahomes rookie autographs (#8/25) graded PSA 10 reached $336,000.
A ticket stub from Michael Jordan’s first NBA regular season game sold for $264,000 on Friday. Graded PSA 6, the stub from Jordan’s debut against the Washington Bullets on October 26, 1984, is one of only two graded that high. It’s the most ever paid for a ticket, beating the $175,000 price paid for a stub from the 1903 World Series sold by in October.
Also sold in the Huggins & Scott auction: a 1914-1915 Boston Braves home uniform attributed to use by third baseman Red Smith ($57,600) and one of just 13 1952 Tip Top Bread Mickey Mantle labels ($54,000).
The original price of the ticket was $120, but early Sunday morning, Heritage Auctions sold a full ticket to LeBron James’ 2003 NBA debut for $12,000. Graded PSA 5, the ticket was for the October 29 matchup with the Kings in Sacramento.
The 18-year-old phenom made an immediate impression, with 25 points, nine assists, six rebounds and four steals in 42 minutes of action.
Other items sold in the auction included a PSA 10 copy of Steph Curry’s 2009-10 Topps Chrome rookie card ($55,200); a PSA 1 1952 Topps Mickey Mantle ($34,800), a 1997 Fleer Ultra Michael Jordan Ultra Stars-Gold insert #1 PSA 7 ($33,600) and a 1976 Topps Football cello box ($22,200).
Certified Collectibles Group, parent company of CSG, has doubled its workforce in the last year–to over 500 people. You can read more about the company and get a look at their graders at work inside this story from a nearby newspaper in Florida.
Millennials are among those driving the sports card resurgence but it’s not the only stuff they’re chasing. The Huffington Post has some insight on why so many seem to be lifelong collectors.