A basketball card from Michael Jordan's 1997-98 season has broken multiple records by selling for $350,100 on eBay on Wednesday, including likely being the highest selling Jordan card of all time.
The 'holy grail' card is number 6 out of only 10 Green cards made that season by Precious Metal Gems (PMG), and the only one of the group that has been authenticated and graded by the Professional Sports Authenticator (PSA) service.
The final price for the sale, which Heritage Auctions sports consignment director Nick Ceper called 'pretty remarkable,' jumped by nearly $150,000 in the last two minutes of the auction on Wednesday.
'That’s what happens with eBay sales: The all-out warfare happens in the last 30 seconds,' Cepero told the Chicago Tribune.
PWCC Marketplace handled the auction on behalf of a private owner, and has not revealed the either the seller's or the buyer's identities at this time.
A Michael Jordan 1997-98 Precious Metal Gems Green card, numbered six of 10, has broken records by selling for $350,100 on eBay on Wednesday, The front of the card is shown at left and the back is shown at right
The final price for the sale, which Heritage Auctions sports consignment director Nick Ceper called 'pretty remarkable,' jumped by nearly $150,000 in the last two minutes of the auction to the final price of $350,100 on Wednesday
The sale of this particular Jordan care is exceptional for a variety of reasons, Brent Huigens, CEO of PWCC Marketplace, explained.
'We call it a "holy grail" because it’s so scarce and so desired that you just frankly never see it,' Huigens said.
Only a total of 10 PMG Green cards were included as insert cards in Skybox’s 1997-98 Metal Universe packs.
Experts say that only three of those 10 are believed to be in circulation.
'This is the first one I’ve ever handled in my life,' Huigens, who has been in the basketball card business for 20 years, said. 'Most people have never even seen an image of one.'
That is, until now. The card had to be photographed for the sale, and that image is included here, of both the front and back.
The sale likes marks the highest selling Jordan card of all time. Michael Jordan, now owner of the Charlotte Hornets, is pictured taking part in a ceremony honoring the 2020 NBA All-Star game during a break in play as Team LeBron takes on Team Giannis in the fourth quarter during the NBA All-Star game as part of the 2019 NBA All-Star Weekend at Spectrum Center on February 17, in Charlotte, North Carolina
Rich Mueller, editor of Sports Collectors Daily, said: 'I believe it’s the highest-selling Jordan card of all time.'
'His rookie card,
