Exactly how rare was this card? Well, only 23 of them were made. The card was from James’ rookie season with the Cleveland Cavaliers. James signed the card, which features a patch from one of his jerseys. The card received a 9.5 grade, meaning it was basically brand new.
Put all that together, and you have the ingredients for a modern day card record.
This LeBron James card just sold at @GoldinAuctions for $1.8 million, the record for a modern day card.— Darren Rovell (@darrenrovell) July 19, 2020
Winner is @LeoreAvidar, who says purchase is part of strategy to “bring something big to the collectibles and alternative asset business in the coming months.” pic.twitter.com/rN9lepvVpE
While James’ card beat that price by quite a bit, that was expected. The James card was expected to fetch over $1 million when it was put up for auction in June.
The 35-year-old James will look to continue setting records on the court when the NBA season resumes July 30. James and the top-seeded Lakers are considered one of the favorites to win it all in 2020.
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