Anybody noticing? Tell your MJ story, etc

[55koufax]

The recent run up in $$$$$ on all things hoops? First Kobe insanity, now MJ making Kobe craziness look "tame" if that is possible. All the while LeBron thru the roof as well. Where does it end?

MJ RC's on 5/1:

PSA 8 = $7K (I sold 3 diff 8's circa 2013-4 for about $800 ea.)
PSA 9 - $12K (I paid $1600 for a 9 about that same time)
PSA 10 = $50,000.00 !!!!!! (I tried to get a 10 in 2009 from BBCE and it was just out of my reach and went for $5100. Basically 10X in 10 years. What an investment.

[Econteachert205]

Single best card I ever bought. I have a psa 8 oc that I paid like 800 for. I should’ve paid up for a straight 8 or 9 but was too cheap but at least I get to go along for the ride.

[rats60]

I had a BGS 8 and 9 that I sold during the last run up and bought a BGS 9.5 for 8k when they settled down. Now I see 9.5s are selling from 22k to 34k. I am curious if they can hold their price this time.

[Exhibitman]

it is a wild ride, and not just those guys. Prices are jumping on a variety of HOF RCs and desirable cards. What amazes me is the run-up on parallel cards from the late 1990s that are not all that limited, like Fleer Ultra Gold Medallion. The MJs have about tripled in the last few months. it isn't the big bux of the RCs but it is a startling jump. The really limited cards, like the Players Private Issue from 1996 Topps Gallery, have moved into four figures.

[samosa4u]

There are so many different theories that have been posted online, such as the ESPN documentary on Jordan, market manipulation, sneaker-heads entering the market, bitcoin guys entering the market, etc. However, nobody really knows the answer. Anyhow, I did sell my Jordans and I used the money to pay off my credit cards, so I'm pretty happy.

By the way, did you guys notice that vintage basketball is still pretty much the same price-wise? We are not seeing Bill Russell rookies selling for $8,000 US, right?

[rats60]

The Jordan RC is like the 1952 Topps Mantle. It doesn’t matter that there are rarer cards or other players as good or better with rookie cards. The demand for those 2 cards dwarves all of their contemporaries. .