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A Michael Jordan Logoman patch card just sold for a record US$2.9 Million at auction

By Tori Latham 11 June, 2024
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The one-of-one piece is now the most expensive Jordan card to ever cross the auction block

Michael Jordan was a record-breaking athlete—and the legendary hooper is continuing to set records more than two decades after his (final) retirement from the game.

A one-of-one signed and game-used Jordan Logoman patch card just sold for an eye-popping US$2.9 million, making it the most expensive Jordan card ever sold at auction. The 2003 card was part of the Goldin 100 auction, where it received 38 bids before finally hammering down for that multimillion-dollar total.

The rare card, which was included in an Upper Deck Ultimate Collection, is the very first signed Logoman patch card with Jordan in a Chicago Bulls jersey. The patch itself is from Jordan’s peak with the Bulls, a team he led to six NBA championships. The bold blue autograph on the bottom of the card, meanwhile, was graded PSA 10. It’s unclear where the card was before 2022, when it was submitted to PSA for grading, and this is the first time it’s been offered in a public auction. Altogether, it’s considered to be the most exclusive Jordan-autographed Logoman card in the world.

While Jordan is perhaps most well known for what he’s done on the court, the baller is no stranger to making waves on the auction block, too. Earlier this year, a set of sneakers he wore in a NBA Finals game achieved a bonkers US$8 million during a Sotheby’s auction. Even then, that’s not the most someone has paid for Jordan memorabilia; in 2022, the athlete’s game-worn “Last Dance” Finals jersey hammered down for a whopping US$10.1 million.

The recent card sale may not match those numbers, but almost US$3 million is still a hefty sum to pay for a relatively compact item. And the card easily swept the rest of the Goldin 100 auction. The highest following lot was a Kobe Bryant jersey that the late Los Angeles Laker wore during a 2013 game. That piece of sports history ended up going home with someone for US$1.2 million.

As the richest basketball player ever, with a net worth of US$3.5 billion as of a year ago, Jordan himself is far out-earning his card’s value. But it’s unlikely that he would have ever made that much money without paving the sort of path that makes his memorabilia so desirable when it hits the auction block.

This story first appeared on Robb Report USA