Sep 6, 2023 - News

Michael Jordan rookie card returns to auction

This unclaimed Michael Jordan rookie card is graded a PSA 7. Photo: LSOauctions via state of Iowa

A Michael Jordan rookie card returned to an online auction yesterday after state government officials documented its authenticity.

Why it matters: Some of MJ's 1986 Fleer cards have sold for hundreds of thousands of dollars in perfect condition.

Catch up fast: Iowa's treasurer first listed the card in a June auction with other unclaimed safe deposit box items.

State of play: The card was evaluated by Professional Sports Authenticator (PSA) and graded a 7 — considered "near mint" but still three points lower than the ultimate "gem mint" status.

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