An autographed Michael Jordan rookie card sells for an INSANE amount!

Any type of memorabilia from Michael Jordan's legendary basketball career are always very pricey on the open market.

Let's face it: fans all over the world want the opportunity to be the sole owner of MJ gear, whether it be game-worn apparel, autographed items or even trading cards.

In fact, we just got a taste of how in-demand certain items are, as a rookie card of the UNC basketball legend has just sold for a record $2.5 million.

Yes, you read that right, $2.5 million!

The card of record, an autographed 1986-87 Fleer Michael Jordan rookie card, was sold for the staggering price of $2.5 million (including a 25% buyer's premium). It was sold at Joopiter, the auction house owned by Grammy winning artist and producer Pharrell Williams'.

This is the most that has ever been paid for a rookie card, absolutely smashing the record of $205,000 for a rookie card of his sold in March of 2024. The $2.5 mark also ranks as the third-highest public sale for any Michael Jordan card ever, falling just short of the $2.928 million that was spent on a 2003-04 Upper Deck Ultimate Collection autographed card (a 1-of-1) last June.

What makes this card unique is the fact that Jordan actually signed a select number of these cards. A long-time Upper Deck partner, Jordan rarely signed anything other than what his partnership presented him, but about a year ago, he autographed 9 of these specific cards, six of which have received perfect 10 grades from PSA, a well-known card grader.

The perfectly graded cards haven't been put up for auction yet, but imagine the price tag on those once they do become available for sale!

It's very possible that one, or more, of these unreleased cards will surpass the $2.5 million benchmark that this card set, as it will definitely be something to keep an eye on over the next few months.

I will say this: if I had that type of money, I'd probably spend it on things like a Michael Jordan signed rookie card as well!