Michael Jordan RC, PSA 10, shatters 100k !!! - Page 76

vintg · 01-31-2021, 01:05 PM

Quote:

Originally Posted by FT35

Several BIN have been 5K or above. This card has always been so undervalued, but especially now in relation to everything else IMO. Could end up being the 2nd best major mainstream-brand 2nd-year card of all time behind the ‘52 Topps Mantle. There are a little over 2300 TOTAL (combined) 1987 9’s and 10’s. Should be more urgency to land high-grade examples of this one.

this.

lowest bin psa 9 I could find is $8,999

visualplane · 01-31-2021, 01:05 PM

No complaints from my side

vintg · 01-31-2021, 01:08 PM

Quote:

Originally Posted by visualplane

No complaints from my side

beautiful. just beautiful. congrats !!!

kefskala · 01-31-2021, 01:09 PM

Quote:

Originally Posted by visualplane

No complaints from my side

Nice!!! Are you holding?

vintg · 01-31-2021, 01:13 PM

Quote:

Originally Posted by FT35

Several BIN have been 5K or above. This card has always been so undervalued, but especially now in relation to everything else IMO. Could end up being the 2nd best major mainstream-brand 2nd-year card of all time behind the ‘52 Topps Mantle. There are a little over 2300 TOTAL (combined) 1987 9’s and 10’s. Should be more urgency to land high-grade examples of this one.

a psa 8 JUST HIT 2k on pwcc ending tonight.

another WIN for the "little guy". yeah. !!!

Ferg1945 · 01-31-2021, 01:13 PM

Quote:

Originally Posted by interestingcool

Why are some people suggesting that 9's and 8's won't go up in accordance/direct relationship with the 10's? Why is this card any different from any other number of key cards? I feel many people will be priced out of the 10's so the 9's and 8's and so on will only rise with the 10's.

Quote:

Originally Posted by vintg

oh, they're gonna go up, it's the "direct relationship" nobody can exactly pin down.

10 doubled overnight. omg, did I just type that ??? LOL

we live in a capitalist society, the free market will dictate, so , 9's and 8's will go up between marginally, and doubling. haha

Agree.

Only 316 exist and how many will actually be available? The money guys will chase them WAY more, causing the price to climb quicker than what we are used to. 9s and 8s won't have time to meet the next level before the next 10 pushes that level even higher.

last nights 10s pushed the level to new heights... 8s and 9s haven't had time to climb. If the Vault 10 sells for $825K... a new level will be set and the previous level was never met.

Brent72 · 01-31-2021, 01:16 PM

I can't believe I'm complaining that 9s are *only* at $55-60k...but I kinda am. Lol. There should definitely be a significant bump after what happened last night. Let's hope it happens.

bryan2points · 01-31-2021, 01:17 PM

Mike Trout....october legend

Quote:

Originally Posted by kefskala

And mike trout won how many World Series? Please don’t bring baseball into this..two different sports obviously with two different eras.. different print runs...pops and other factors that I’m not diving into right now..

GC1980 · 01-31-2021, 01:18 PM

Quote:

Originally Posted by interestingcool

Why are some people suggesting that 9's and 8's won't go up in accordance/direct relationship with the 10's? Why is this card any different from any other number of key cards? I feel many people will be priced out of the 10's so the 9's and 8's and so on will only rise with the 10's.

Because the buyer who is after the 10 is a completely different profile than the buyer of a 9. Assuming these are real sales, always something you have to at least consider in an unregulated market, these are either people who have outrageous amounts of money and are after the best of the best for whatever reason or they are being acquired by funds to hold or sell of as fractionals. 9s don’t attract those buyers.

To expect 9s to move in proportion to these 10 sales is a stretch. 9s at 50k-60k plus is already huge. Not impossible but I’d be surprised to see them go 6 figures. Full disclosure, I have a centered, high end 9.

visualplane · 01-31-2021, 01:24 PM

edit edit

Hellcat · 01-31-2021, 01:25 PM

Quote:

Originally Posted by visualplane

No complaints from my side

Sell and get a centered PSA 9 you should have enough.

visualplane · 01-31-2021, 01:27 PM

Quote:

Originally Posted by Hellcat

Sell and get a centered PSA 9 you should have enough.

I'm not selling.

kefskala · 01-31-2021, 01:30 PM

Quote:

Originally Posted by visualplane

I'm not selling.

Love that attitude

marquis930 · 01-31-2021, 01:32 PM

Quote:

Originally Posted by rats60

A BGS 9.5 sold for 175k. And yes people are paying outrageous money for over graded cards because they are in a PSA 10 holder despite visable flaws.

I just looked this up on 130point and

... Wow! This thing has gone to crazytown.

The one that went for $175K had a 10 sub-grade, which likely factored in here. There was a min gem BGS 9.5 that went for $125K on 1/24, which was wild on its own, but a $50K jump in less than a week for the grade is bananas.

Wild times, man. Wild times.

kefskala · 01-31-2021, 01:34 PM

Another few year or so u won’t be buying cards... if you want a piece you will be buying a few shares... be the market maker!!

bryan2points · 01-31-2021, 01:42 PM

High grade PSA 9's should be seeing an uptick.

Quote:

Originally Posted by marquis930

I just looked this up on 130point and

... Wow! This thing has gone to crazytown.

The one that went for $175K had a 10 sub-grade, which likely factored in here. There was a min gem BGS 9.5 that went for $125K on 1/24, which was wild on its own, but a $50K jump in less than a week for the grade is bananas.

Wild times, man. Wild times.

gomiamigo · 01-31-2021, 01:54 PM

Can someone pls tell me where the Wilt Inkredible psa 10 sold for at Goldin? I'd really appreciate it as I have one.

FT35 · 01-31-2021, 01:59 PM

Quote:

Originally Posted by vintg

a psa 8 JUST HIT 2k on pwcc ending tonight.

another WIN for the "little guy". yeah. !!!

Also just another kind reminder. Lots of new people coming in—for anyone new to the Jordan world, understand that these early Fleer Jordans are RIPE for counterfeits. If you have intentions of buying up raw and grading them, PLEASE be smart and research the ways to spot a fake. These are some of the most commonly counterfeited cards in the hobby and some reprints are very good. There are listings for mint-looking raw 87’s now. While some may be real—I would be VERY careful buying raw.

Study the 87 print fonts and the hue of the grey/yellow especially—2 easiest ways to tell for me. Fakes are usually lighter grey, brighter yellow and thinner print fonts on the front. Originals—darker grey, more gold in the yellow and thicker name plate fonts. PSA/BGS/SGC aren’t perfect by any means, but it’s your best bet for an original at this point.

I love the cards, but care more about the collector. Hate to see people get scammed.

rainmaker · 01-31-2021, 01:59 PM

I’d look at the 52 mantle as a good enough comparison to #57 9s sell for millions. 8 may be breaking into 1mm but the high grades clearly separate from the pack and not on a consistent trajectory value to grade. It’ll be like this for psa 10 57 a huge gap and eventually the trickle down to 9 and even 8 will happen but it could be years or decades.

mkebucks2001 · 01-31-2021, 01:59 PM

Quote:

Originally Posted by kefskala

Like I said this morning 8’s and 9’s will take some time. They have come a long way, 5x in three months... need to thaw out more selling and turn over cards to new hands. Pop obviously is much higher so there will be a large difference now between a 10, that has turned into a must have for every millionaire, to the 9’s and 8’s... give it some time and we will all be celebrating again, power to the little guy....

Don't forget the 1s - 7s! 7s seem to be around 15k now. I have a feeling these will be $50k within 2021. Crazy!

rats60 · 01-31-2021, 02:10 PM

Quote:

Originally Posted by marquis930

I just looked this up on 130point and

... Wow! This thing has gone to crazytown.

The one that went for $175K had a 10 sub-grade, which likely factored in here. There was a min gem BGS 9.5 that went for $125K on 1/24, which was wild on its own, but a $50K jump in less than a week for the grade is bananas.

Wild times, man. Wild times.

It's not as crazy as paying over 700k for an 8/8.5 because a favored submitter got it into a 10 holder.

gomiamigo · 01-31-2021, 02:16 PM

Quote:

Originally Posted by mkebucks2001

Don't forget the 1s - 7s! 7s seem to be around 15k now. I have a feeling these will be $50k within 2021. Crazy!

No chance.

Do you have one?

rainmaker · 01-31-2021, 02:16 PM

Quote:

Originally Posted by rats60

It's not as crazy as paying over 700k for an 8/8.5 because a favored submitter got it into a 10 holder.

So true. It’s painful to see how some are dependent and willing to pay up based on what the holder says.

mkebucks2001 · 01-31-2021, 02:27 PM

Quote:

Originally Posted by gomiamigo

No chance.

Do you have one?

I wish! I have a PSA 4. Where do you see 6s and 7s falling?

Chryghst · 01-31-2021, 02:28 PM

Quote:

Originally Posted by GC1980

Because the buyer who is after the 10 is a completely different profile than the buyer of a 9. Assuming these are real sales, always something you have to at least consider in an unregulated market, these are either people who have outrageous amounts of money and are after the best of the best for whatever reason or they are being acquired by funds to hold or sell of as fractionals. 9s don’t attract those buyers.

To expect 9s to move in proportion to these 10 sales is a stretch. 9s at 50k-60k plus is already huge. Not impossible but I’d be surprised to see them go 6 figures. Full disclosure, I have a centered, high end 9.

Nice post and good points. Are income taxes on the sale of collectibles a set rate or stepladder like income tax? If the latter, an advantage to 8s/9s is it would be easier to control one’s tax bill over time. Could sell one every year for example. If it’s all taxed at the same rate then there’s really no advantage to buying 8s/9s over 10s.

01-31-2021, 01:24 PM	#1885
visualplane Member Join Date: Sep 2019 Location: Queens, NY Posts: 1,407 vp007	edit edit Last edited by visualplane; 01-31-2021 at 01:43 PM.

01-31-2021, 01:54 PM	#1892
gomiamigo Member Join Date: May 2008 Location: in your head Posts: 10,954 esmoney gomiamigo	Can someone pls tell me where the Wilt Inkredible psa 10 sold for at Goldin? I'd really appreciate it as I have one. __________________ IG: KevinDurant35Cards

01-31-2021, 01:59 PM	#1894
rainmaker Member Join Date: Jan 2017 Posts: 2,824 thewescoast	I’d look at the 52 mantle as a good enough comparison to #57 9s sell for millions. 8 may be breaking into 1mm but the high grades clearly separate from the pack and not on a consistent trajectory value to grade. It’ll be like this for psa 10 57 a huge gap and eventually the trickle down to 9 and even 8 will happen but it could be years or decades. __________________ https://www.flickr.com/photos/152850287@N08/albums

01-31-2021, 01:05 PM	#1877
visualplane Member Join Date: Sep 2019 Location: Queens, NY Posts: 1,407 vp007	No complaints from my side

01-31-2021, 01:16 PM	#1882
Brent72 Member Join Date: Jun 2016 Location: Illinois Posts: 697	I can't believe I'm complaining that 9s are only at $55-60k...but I kinda am. Lol. There should definitely be a significant bump after what happened last night. Let's hope it happens.

01-31-2021, 01:34 PM	#1890
kefskala Member Join Date: Apr 2020 Posts: 587	Another few year or so u won’t be buying cards... if you want a piece you will be buying a few shares... be the market maker!!