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Why Michael Jordan's 1986 Fleer RC Sale Changes Everything
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Why Michael Jordan's 1986 Fleer RC Sale Changes Everything

High Upside Show
Feb 2, 2021
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Why Michael Jordan's 1986 Fleer RC Sale Changes Everything
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You know why I don’t have a Michael Jordan RC? Because I couldn’t afford one. Every time my money would level up, so would Michael Jordan’s RC card. Every time I would 2x on a few big trades, Micael Jordan’s RC card would 2x. If I’d 3x then his rookie card would 3x… It was a never ending cycle of me trying to sell cards, only to learn that I was no longer able to afford because the market moves in cycles.

Remember that word… cycles.

A lot of people overlook them. We’re often too caught up in the moment. We’re all celebrating Jordan’s Fleer RC Sale, we’re all discussing if it’s confirmed or what it means, meanwhile smart money is buying up all the high-end PSA cards up on the market and they’re buying for cheaper than ever… let me explain.

2017-18 Topps Chrome Refractor #131 Kevin Durant /1499 BGS 9.5

Sports cards are officially an asset, the market has confirmed it. They aren’t going anywhere and they may eventually have more use cases than you think. Gone are the days where normal collectors will be able to own the top cards of their favorite players. High-end cards are on the verge of being locked up by celebrities and fractional investment companies such as Rally, Collectable and Otis.

We’re moving into the store value cycle. It seems as it’s time to redefine what we deem valuable and sports cards are definitely on that list. People like the idea of holding a Jordan RC rather than holding $750K. It’s safe to say that they are looking beyond sports cards. I believe they’re looking at all forms of trading cards, as well, as art pieces, digital moments and other rare collectibles.

Now think about this, every millionaire can’t have a Jordan RC. But I’m bullish on the fact that at some point most of them will want one. That statistic alone already pushes the value of Jordan’s Fleer RC up passed $1,000,000 in my opinion. That’s why the idea of it potentially hitting a quarter of a million dollars is no shock to me.

And this is just the beginning for the iconic card. At the moment, if the assumed price point is accurate, then the current market cap of Jordan’s PSA 10 Fleer RC is $233,208,000. That’s a lot of money, but that’s super cheap when compared to other assets. Jordan’s RC will likely continue to trend upwards. This doesn’t just benefit holders of Jordan’s RC though, this is actually going to impact every single investor in a positive way!

When Jordan’s prices go up, you know what happens to all the cards underneath him? They go up too! At least, they have the potential to go up. You know why? Because the market cap goes up! If you don’t understand this then I highly suggest that you pick up the Market Cap Method. But in short, it basically means the ceiling for a sports card rises.

Meaning sports cards are now more undervalued than they were last year… at least, fundamentally.

Some of you might be confused, as most sports cards are double the price that they were last year. But, fundamentally they are cheaper. I mean think about it. Jordan’s Fleer PSA 10 RC was valued at $225,000 earlier this month. At the time LeBron’s Topps Chrome PSA 10 RC was around $17,000. This means, we liked LeBron Topps Chrome PSA 10 RC when it was 13x cheaper than Jordan.

Now let’s take that same scenario and let’s assume that the evaluation of a Jordan Fleer RC is really $738,000. Let’s also look at Card Ladder to get the most recent pricing of LeBron’s Topps Chrome RC. Today, that card is $34,026.25. If we do the same math, well, see that LeBron’s Topps Chrome Rookie is now 21.68x cheaper than Jordans. Which is almost 8x cheaper than it was earlier this month.

Why did we like this card so much when it was 13x cheaper, but not as much when it’s 21x cheaper?

2007-08 Topps #112 Kevin Durant PSA 8

This type of math can be used on any card, essentially, cards are a lot cheaper, by comparison today than they were a week ago. This is why I’m big on cards of players like Kevin Durant, Stephen Curry, because again, in my opinion they’re going to be used as future assets and theoretically they are now cheaper then they once were.

This is also why I’m big on modern sports cards as well, the market is officially about to start investing like every other asset class…. We’re moving away from price, slowly, but surely. That’s going to be huge for cards moving forward, as the plays will be so much easier to confirm.

I’m more bullish now than I have ever been on sports cards. Now I just have to figure out what the next big play will be.


Haven’t picked up the Market Cap Method?

Now might be the best time to do so, as this tool will confirm the cards you should pick up next.


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If you want to keep track of what I’m buying and when I’m selling then follow me on Twitter @HighUpsideShow also, check out the podcast, thank you for your continued support.

Disclaimer:

The High Upside Show does not guarantee the accuracy, reliability, or completeness of any information provided on our website or any of our affiliated pages. All information provided is for educational purposes only. The High Upside Show goal isn’t to tell you how to spend your money but to simply show you different options within the sports card market.
You are responsible for your own investment decisions. The High Upside Show will not be responsible for any decisions you make, as we highly suggest that you do your own research before making any commitments. If you ignore our advice to do your own research and you chose to buy/sell solely off the information that you see on our site, then you have made a conscious, willing, free, and personal decision to do so.
The High Upside Show is an EPN affiliate program. By clicking eBay links in articles, as well as the newsletter, you acknowledge that The High Upside Show receives a commission on sales from eBay. The High Upside is affiliated with StarStock, however, the views and opinions shared here are my own.
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