Why this 1986 Michael Jordan Fleer Card Sold for $2.5 Million?
- Xavier Guerrez
- Jun 28
- 2 min read
Updated: Jul 7
Why did this iconic 1986 Michael Jordan Fleer card sell for a staggering $2.5 million at auction on Joopiter — the platform founded by Grammy-winning artist Pharrell Williams three years ago?
This unique card is one of only nine trading cards signed in a blue Sharpie at Pharrell’s private golf course in Florida last year. It boasts a pristine condition: a 9 mint grade for the card itself and a perfect 10 gem mint for the autograph. This makes it a true collector’s gem.
Notably, the auction had only one bidder with a jaw-dropping opening bid of USD 2 million.
Finding Michael Jordan Rookie Cards
Check eBay listings and search results for some graded 1986 FLEER # 57 Michael Jordan Rookie (RC) here. It’s always best to look for authenticated and graded cards. Be aware of reprints made in other years as these can affect values significantly.
Understanding the Auction Landscape
While ESPN reports this sale as one of MJ's highest, it’s essential to clarify that this is specifically for the 1986 Fleer card. It certainly earns its spot among our top five most expensive basketball cards sold at auction. Other Michael Jordan cards, like the 2003-04 UpperDeck Logoman Signature, have reached even higher prices.
The Rookie Card Debate
To understand how Michael Jordan’s rookie cards cemented his legendary status in the collectibles world, don’t miss our detailed review of the 1984 Michael Jordan Star 101 Card — The Rise of a Basketball Legend and Its Legendary Status. This article discusses the ongoing debate over which MJ card is the 'true rookie' — the 1984 or the 1986 version.
Joopiter's Unique Offerings
So, what else does Joopiter have to offer on their platform? While they run auctions from time to time, their marketplace features some of the coolest gear we've ever seen. For example, the limited-edition Air Mag ‘Back to the Future’ sneakers are a standout item. Only 89 pairs were made, and they feature self-lacing technology.
The Future of Joopiter
The company is privately held and venture capital-backed. It raised a record $6 million in funding back in 2023. Investors like Cole Van Nice, co-founder of Elysian Park Ventures and former founder of FlyBy, have backed the platform. He has significantly shaped investment strategies for the LA Dodgers, among others.
So, stay tuned — we might see even more sports memorabilia making its way onto Joopiter!
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