Michael Jordan rookie card sells for huge money in auction

The basketball card game is still incredibly strong – but only for really, really rare cards. Via ESPN.com:

A rare Michael Jordan rookie card sold with auction house Christie’s for $1.008 million, including fees and premiums — a record for the 1986-87 Fleer Jordan that set the sports card industry aflame in the wake of “The Last Dance.”

Fleer’s 2006-07 basketball release (Fleer was purchased by Upper Deck in mid-2005) included a 20th anniversary buyback autograph program: 23 numbered 1986-87 Fleer Jordan rookies were rereleased, signed by Jordan, into 2006-07 boxes along with certificates of authenticity.

Author: Inside Hoops

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