Michael Jordan’s Logoman Card Sells for $2.9 Million

In a world where the value of sports memorabilia can reach astronomical heights, one piece stood out amongst the rest. The 2003 Upper Deck Ultimate Logos autograph card of basketball legend Michael Jordan took center stage at a recent Goldin Auctions event, commanding a staggering price of over $2.9 million. This remarkable card, designated as 1/1, features a game-used NBA “Logoman” patch alongside Jordan’s signature in striking blue ink, making it a coveted treasure for collectors far and wide.

The journey of this extraordinary card began with a modest opening bid of $200,000 on April 19, sparking a whirlwind of excitement amongst bidders who quickly recognized its unparalleled rarity and significance. As the bidding war ensued, 38 bids later, the card found its new owner for an impressive $2.4 million on a Saturday night. Authenticated and graded by the reputable PSA, the card received an ‘Authentic’ rating with a perfect 10 for the signature, solidifying its impeccable condition and exceptional uniqueness.

This groundbreaking sale not only shattered the previous record for the highest-selling Michael Jordan card, surpassing the $2.7 million mark set by a 1997-98 Upper Deck Game-Used Jersey Jordan card, but also shed light on the enduring allure and value of Jordan-related collectibles in the world of sports memorabilia. The former record-holder featured a fragment of Jordan’s jersey from the 1992 All-Star Game and marked an early integration of jersey cards into sports card packs.

Even in retirement, Michael Jordan’s legacy continues to reign supreme, with his memorabilia fetching top dollar in prestigious auctions. From the most expensive sports jersey ever sold—a 1998 NBA Finals jersey that commanded a jaw-dropping $10.1 million—to a range of highly sought-after trading cards, Jordan’s presence in the collectibles market remains unmatched and immensely profitable.

The Goldin ‘Elite 100’ auction, distinguished by its showcase of luxury sports memorabilia, featured a slew of notable items that captured the attention of collectors worldwide. Alongside the record-breaking Jordan card were two additional standout pieces: an 1986-87 Fleer rookie card and a 1997-98 Skybox Precious Metal Gems Red card, which sold for $292,800 and $298,900 respectively, further underscoring the robust market and fervent interest in rare Jordan memorabilia.

Beyond the realm of basketball, the auction spotlighted a diverse selection of sports memorabilia, including a rare graded 1890-92 John Ryder Studio Cy Young cabinet card that fetched an impressive $500,200. Notable sales also included iconic cards like Babe Ruth’s 1933 Goudey card and a unique 2017 Panini Flawless Symbolic Signatures card of football sensation Patrick Mahomes.

One poignant highlight of the auction was the jersey worn by the late Kobe Bryant during the game in which he famously tore his Achilles tendon but remarkably stayed to shoot his free throws. This autographed jersey of Bryant’s sold for over $1.2 million, a testament to the emotional and historical significance attached to such memorabilia.

Among the intriguing array of items was a pair of Nike shoes worn by Michael Jordan during a 1985 exhibition game in Italy, where he famously shattered a backboard. Still containing a shard of glass in the sole, these iconic shoes fetched $413,580, albeit slightly lower than their previous auction price in 2020.

From a Mickey Mantle game-used jersey dating back to 1957, which sold for $457,500, to a captivating mix of sports relics that pay homage to revered legends, the auction served as a celebration of sports history and the indelible impact these icons have left on the world. Through items they once owned or utilized, these sports legends continue to captivate collectors and enthusiasts alike, showcasing the profound legacy they have etched in the annals of athletic lore.