Rare LeBron James Basketball Card Expected to Fetch Over $6 million at Upcoming Auction
Rare LeBron James Basketball Card Expected to Fetch Over $6 million at Upcoming Auction
Another basketball card is expected to fetch a lot of money in an upcoming auction.
According to Reuters, an upcoming auction that will feature a one-of-a-kind LeBron James trading card is anticipated to bring in more than $6 million when it goes up for sale this week. The item being labeled the “Triple Logoman” card, is a single-issue card that features the future Hall of Famer. The card includes patches taken from game jerseys James wore while with he was playing for the Cleveland Cavaliers, Miami Heat and Los Angeles Lakers.
It was part of the 2020-21 “Flawless” collection that was issued by Panini. The card created a frantic hunt among card collectors including Drake, who reportedly bought 10 cases of the basketball cards in a failed attempt to get their hands on the card.
“The best comparison that I can use for the modern reader is, imagine Willy Wonka (and) the Chocolate Factory, looking for that gold ticket,” Ken Goldin, executive chairman of auctioneers Goldin said.
“And then imagine there was only one golden ticket instead of five.”
Goldin also called the coveted basketball card the “Holy Grail” of sports collectibles. He believes it could top the $6.6 million record for the most expensive sports trading card that was paid for the Honus Wagner T-206 baseball card in August.
James always holds the record for the most expensive basketball card. An “ultra-rare” signed rookie card broke the record last year when it fetched $5.2 million.
Basketball cards have been getting a lot of attention recently. According to TMZ Sports, a basketball card that was signed by Kobe Bryant himself is on the auction block. The 1997 Skybox Metal Universe Precious Metal Gems #81 card is considered one of the rarest and most coveted Bryant cards.
The card reportedly was anticipated to go for more than $1 million at the live auction.
The auction house verified that the Bryant card is one-of-a-kind. An unsigned green PMG (graded BGS NM-MT 8.5) Bryant basketball card was sold for $2 million in February.
Rare LeBron James Basketball Card Expected to Fetch Over $6 million at Upcoming Auction