Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

'Ultra-rare' LeBron rookie card sells for record-breaking $5.2 million

Published 04/26/2021, 08:09 PM
Updated 04/26/2021, 08:10 PM

(Reuters) - An "ultra-rare" signed rookie card for four-time National Basketball Association (NBA) champion LeBron James sold for $5.2 million on Monday, breaking the record for the most expensive basketball card ever sold.

It also equalled the record for any sports trading card, matching the amount paid in January for a 1952 rookie card for baseball great Mickey Mantle.

"At the heart of every collector in 2003 was the hope of pulling the ultra-rare LeBron James Rookie Patch Auto Parallel numbered to 23 copies," PWCC Marketplace said in a statement posted to social media.

"With so few ever becoming available and demand increasing by the day, this card is quickly becoming the crown jewel of all sports card investing."

The buyer's identity was not immediately made public.

A transformative figure on and off the court, 36-year-old James is widely considered among the greatest ever to play the game, earning NBA most valuable player honors four times.

The 17-time All-Star added yet another accolade to his dazzling career last year, picking up his fourth NBA Finals MVP title after helping his Los Angeles Lakers win the championship over the Miami Heat.

Ultra-wealthy sports fans dived into the sports memorabilia market with renewed vigor this year, with a signed rookie card for seven-time Super Bowl winner Tom Brady selling for $2.25 million earlier this month and a rare Kobe Bryant rookie card selling for $1.795 million in March.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.