LeBron James has reacted to one of his rookie cards selling for a record-setting $1.8 million over the weekend.
A 2003-04 LeBron James Upper Deck rookie Patch Parallel was sold for $1.845 million on Sunday. The card was sold at Goldin Auctions to Lob.com CEO Leore Avidar.
As noted by ESPN.com, it’s a record-setting price for a modern day card. It’s also the most a basketball card has ever sold for.
The sale is “shocking” news according to one expert.
“If we were talking about a T206 [Honus] Wagner, or a 1952 [Mickey] Mantle, it probably wouldn’t be that much news,” Ken Goldin, the founder of Goldin Auctions, told ESPN. “But when you’re talking about a card that was literally produced 17 years ago and is for a guy still playing in the NBA, it’s just shocking news to a lot of people. It’s really where my particular industry has been going for several years.”
LeBron James reacted to the news of the sale on Instagram. The Los Angeles Lakers star might be sitting on a couple of million dollars in cards himself.
“Guess who else has a couple of those exact ones too,” he wrote.
— ESPN (@espn) July 20, 2020
We’re guessing LeBron James will probably choose to hold onto those cards, but maybe if things get tight one day, they’ll come to good use.