Summary
- A unique Michael Jordan/Kobe Bryant card sold for a record-breaking $12.932 million USD
- The “dual Logoman” autographed patch card is now the most expensive sports card ever sold
- The buyer was a group including Kevin O’Leary
In a historic moment for the sports card market, a one-of-a-kind card featuring basketball legends Michael Jordan and Kobe Bryant has sold for a record-breaking $12.932 million USD at a Heritage Auctions event. The sale shatters the previous record and crowns a new king in the world of sports collectibles.
The card at the center of the auction was a 2007-08 Upper Deck Exquisite Collection dual Logoman autographed patch card, considered by many to be the finest modern basketball card in the world. It features a piece of an NBA logo from both of their game-worn jerseys and is autographed by both athletes. The card’s value was so high that it nearly doubled Heritage’s initial $6 million USD estimate.
The record-breaking sale represents a new era in the sports card market, as a modern card has now surpassed old-school icons. The card’s value surpassed that of the T-206 Honus Wagner card and the 1952 Topps Mickey Mantle, which have long been considered the ultimate icons of the sports card world. This new record marks a significant passing of the torch to a new generation of icons. The buyer was revealed to be a group that includes Matthew Allen, Paul Warshaw, and television personality Kevin O’Leary, a noted collector of sports memorabilia. O’Leary said that he does not anticipate the card coming top market again in his lifetime explaining, “It’s going to be a part of an index that I’m going to continue to grow along with my partners. We look at it no different than our bitcoin holdings, our ethereum holdings, our gold holdings.”
The previous record sale for a sports memorabilia of any kind was almost exactly one year ago when Heritage Auctions sold Babe Ruth’s 1932 World Series “called shot” jersey for $12.6 million USD. Take a look at the card above.
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