Forget property, or trying to pick the share market – basketball cards are the new currency, and one anonymous NBA fan has splashed a jaw-dropping amount of cash in order to secure what they believe will be a big ticket item in years to come.
It came in the form of a signed Giannis Antetokounmpo Logoman rookie card – which was picked up for a cool $1.812 million USD on Sunday. It is the most expensive basketball card ever sold.
BREAKING: The Giannis Logoman card was purchased for a modern day basketball record of $1.812 million by @onlyaltofficial, which also bought the previous record holder, the $1.8M LeBron card, six weeks ago. pic.twitter.com/gXnut9OOFg
— Darren Rovell (@darrenrovell) September 21, 2020
This LeBron James card just sold at @GoldinAuctions for $1.8 million, the record for a modern day card.
Winner is @LeoreAvidar, who says purchase is part of strategy to “bring something big to the collectibles and alternative asset business in the coming months.” pic.twitter.com/rN9lepvVpE
— Darren Rovell (@darrenrovell) July 19, 2020
And here’s the kicker…
According to Darren Rovell, who works in the business of sports betting for Action Network HQ, the buyer of the James card was the same as the buyer who purchased the Antetokounmpo card on Sunday.
For those ready to come to their next pub trivia night fully across the business of sports cards, the record for the highest ever recorded purchase of a sports card lies with MLB star Mike Trout, who had a 9.5 rated, autographed card sell for an eye-watering $3.93 million last month.
@Topps 2009 Bowman Chrome Superfractor @MikeTrout graded @beckett_grading 9.5 sells for $3.93 million at goldin auctions “ goldin elite” tonight. Session 2 ends Sunday night at 10pm …highest priced ever for ANY trading card.. pic.twitter.com/axV4sXjMcC
— Goldin Auctions (@GoldinAuctions) August 23, 2020