The value of a Michael Jordan rookie basketball card can vary significantly based on factors such as its condition, grading, and the specific version of the card. Michael Jordan’s most famous rookie card is the 1986-87 Fleer 57, which is highly sought after by collectors.
Here are some general price ranges:
1. Graded by PSA or BGS:
– PSA 10 (Gem Mint): The value can range from $200,000 to over $1 million, depending on market demand, condition, and the current state of the collectibles market.
– PSA 9 (Mint): These cards typically sell for around $10,000 to $50,000, though rare sales or auction listings may fetch higher prices.
– PSA 8 (Near Mint): The value may be in the range of $3,000 to $10,000, again, depending on market conditions.
2. Ungraded or Lower Grading:
– Ungraded: A raw (ungraded) card in poor to average condition could be worth a few hundred dollars. However, it depends on the card’s condition, and some ungraded cards can still fetch higher amounts if they’re in better shape.
– Grading Impact: Cards graded lower than a PSA 8 can drop significantly in value, but they still hold value for collectors.
It’s important to get a card professionally graded to understand its exact value, as the condition of the card plays a crucial role in pricing. Additionally, the market for sports memorabilia can fluctuate over time, so the value of a Jordan rookie card might change based on overall demand, interest, and external factors like economic conditions.
