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New Posts = New Post Unread Post = Unread Post

BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000

By Chris Olds
11/18/2009 11:16:28 AM

A BGS 10 Pristine copy of Michael Jordan’s 1986-87 Fleer Rookie Card has sold for $200,000 in a privately brokered deal.

The card, one of only two BGS 10s in existence, was purchased by Georgia native Sean Storms, an investor who focuses on elite cards such as these. His plans for the card? To pair it with its other BGS 10 buddy and tuck them away in his private collection.

“It won’t see the light of day for at least 10 years, maybe 15,” he said. “I’m very excited to have the card.”

The card wasn’t easy to find, and Storms is seriously interested in finding the other BGS 10.

“There are only two perfect cards in the world,” he said, noting that he’s confident that the 10s aren’t comparable to the 9.5s out there, many of which have been resubmitted by owners seeking grade bumps multiple times only to have had the 10 elude them.

It’s not the only notable transaction of the year for Storms, who works in the solar energy field, as he sold a BGS 10 Joe Montana 1981 Topps Rookie Card for $65,880 in June.

While 4,675 copies of the Jordan card have been graded, this perfect specimen is one of only two cards to receive the mark from Beckett Grading Services.

This card, which was the first Jordan RC to receive the perfect Pristine grade, was reportedly sold for $150,000 in 2006. However, that sale never was confirmed.

The card’s subgrades included 10s for its centering, edges and corners and a 9.5 for its surface condition. The only other BGS 10 has 10s across the board with the exception of a 9.5 subgrade for its edges.

The first BGS 9.5 copy of the Jordan RC — there have been 116 to reach that mark since — went for $77,600 in a June 2003 deal.

Chris Olds is the editor of Beckett Baseball and Beckett Graded Card Investor. Have a comment, question or idea? Send an e-mail to him at colds@beckett.com.

12 member comments.
Posted 11/18/2009 1:34:18 PM
twolfcorner2009
Total Posts: 525
Member Since: 10/29/2009






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
Absolutely incredible, that's a very large sum of money!  To think that these cards have survived 20+ years and still receive those kinds of grades, cards nowadays that are immediately graded out of the pack don't even get that high.

Collecting Tom Zbikowski and most Notre Dame Football Alum, and Colts!

My Bucket:
http://s894.photobucket.com/albums/ac145/twolfcorner2009/
Posted 11/18/2009 2:26:32 PM
CptNemo66
Total Posts: 3,377
Member Since: 8/27/2008






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
Just crazy!

80,000+ cards for trade
I need 2007 Topps Sterling singles #/250. I have 128/254
My Bucket
Posted 11/18/2009 2:56:13 PM
efinclown
Total Posts: 3
Member Since: 6/21/2006






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
WOW what a profit this is the same card that was reported sold for $82,000 in September. $118,000 in 2 months i need a job like that.

Posted 11/18/2009 3:25:15 PM
RiceLynnEvans75
Total Posts: 3,194
Member Since: 12/22/2005






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
Yet another example of someone buying the label and not the card.



As a correction to the article, there have been 124 graded 9.5 by BGS according to their population reports.  124 is an awful lot to receive that grade out of the total 4,675 graded. 



SGC has graded a much smaller amount of this card at 1015 with only 9 receiving a total of the Gem Mint grade, a much smaller ratio.



I see that you posted a sale of a BGS 9.5 from 2003.  There was more recently (Nov 11 2009) one that did not sell on ebay with a list price of $4,449.  There were also a few that did not sell around the $7,000 range within the past month.  This is probably something to be considered when stating a 2003 price on the first one graded.



Don't forget everyone, the other BGS 10 just sold for $82,000 only a few months ago in September.  Chris wrote about that one as well and the article can be found up above.

"You do not lead by hitting people over the head. That's assault, not leadership."

"The ego is not master in its own house.”
Posted 11/18/2009 6:33:44 PM
Tradingmart
Total Posts: 2
Member Since: 7/16/2006






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
How can a card with 9.5 surface can get a 10 pristine ?



200 000 for a real 9.5...incredible good marketing...

Posted 11/18/2009 8:04:04 PM
HeritageKing
Total Posts: 204
Member Since: 9/3/1999






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
shouldn't 200K buy you perfect centering top to bottom? I guess not.

Posted 11/19/2009 11:53:15 AM
nolan5000
Total Posts: 171
Member Since: 10/8/2002






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
Tradingmart said:

How can a card with 9.5 surface can get a 10 pristine ?



200 000 for a real 9.5...incredible good marketing...



A card's four subgrades don't have to all be 10's to get a BGS 10. To get a BGS 10, only three of the subgrades have to be 10's and one of the subgrades has to be a 9.5



I hope that this helps.

~nolan5000
100% Disabled since June 27th, 2001. I have a trach thru which I breathe & a feeding tube thru which I get 100% nourishment! I haven't eaten in 8 years, but I know HE is in Control!
~nolan5000

Posted 11/19/2009 3:53:19 PM
seancampbell
Total Posts: 208
Member Since: 7/16/1999






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
crazy card = crazy money


Posted 11/21/2009 8:52:22 AM
smoke911
Total Posts: 22
Member Since: 3/14/2006






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
I hope its insured. What a luck guy to be able to afford to spend 200,000.00 on a Jordan rookie card. He must of sold all of his enron stock while he had a chance.

Posted 11/21/2009 4:44:01 PM
cwandsw32401
Total Posts: 15
Member Since: 7/22/2008






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
The T206 Honus Wagner of Basketball.

Posted 11/21/2009 11:13:08 PM
TomBsober
Total Posts: 202
Member Since: 1/13/2009






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
Which is better 9.5 on edges or surface?

Collecting 08/09 UD starquest copper, cyan, blue, gold, and black...and 08/09 SPA destination stardom... have first 14 in set
Posted 11/23/2009 11:53:15 AM
nolan5000
Total Posts: 171
Member Since: 10/8/2002






BGS 10 Pristine Michael Jordan Rookie Card sells for $200,000
TomBsober said:

Which is better 9.5 on edges or surface?



It's better to have all 10's and a 9.5 for surface. This is because surface is weighted the lightest.



Hope this helps.

~nolan5000
100% Disabled since June 27th, 2001. I have a trach thru which I breathe & a feeding tube thru which I get 100% nourishment! I haven't eaten in 8 years, but I know HE is in Control!
~nolan5000