Opinion: 1986-87 Fleer Michael Jordan PSA 10
SpinFadeSplash23
Posts: 909 ✭✭✭
I'm not asking anyone to do the impossible and predict the future... well, maybe a little bit.
If you had a PSA 10 86-87 Fleer Jordan, considering current market conditions, would you sell it now? Why?
Curious as to the opinions of the board members here.
Thanks,
Joe
If you had a PSA 10 86-87 Fleer Jordan, considering current market conditions, would you sell it now? Why?
Curious as to the opinions of the board members here.
Thanks,
Joe
Joe
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
0
Comments
George Brett, Roger Clemens and Tommy Brady.
If you're more of an "investor", you might consider selling and moving on to something else. Prices have been strong, and while they could go up it's not like MJ is the only card on the rise. There are plenty of others especially in the Hall of Famer rookie category across every sport. Prices have been STRONG this year.
And remember, no card or any other investment actually "makes" you any money until you sell it. If you do sell, just make sure you're prepared to move on. No regrets.
I thought it would be nice to know the mentality I am dealing with so I can negotiate accordingly.
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.
I collect: 80’s Rookies and 86 Fleer Basketball
Arthur
I own a 10. It was the card I always dreamed of having, going back to 1991 when I was a sophomore in high school. I saved and traded and flipped and saved to the point where I could finally afford one. I bought it almost a year ago if I remember correctly. I really struggled as I had seen them going for about $10,500 or so. Then it shot up to $12,000 which is where I bought mine at. I really felt like I was buying at the peak price, and felt bad about it. Well, close to a year later they are selling for 17K and I don't feel as bad.
I truly believe this card will rise in value even with the increases in pop. I can see the card hitting $20,000 in the next 5 years. I'm still not selling. I suppose everyone has a price. If in 10 years I was offered $30,000 I would have to consider selling. It would be hard though as he was so idolized in my youth growing up in Chicago. Could a lower grade give me just as much enjoyment? Hard to say. What's interesting, for me anyway, is a low grade HOF rookie like Hank Aaron or Wilt Chamberlain is just fine for me. The Jordan in anything but a 10 probably would not be as enjoyable, since he is the top athlete I collect.
In either case, do what makes you happy, and enjoy the journey. Since you identified that you are looking for one, I would suggest a reputable dealer. Dealing with someone like me would be hard as I have an emotional attachment and will ask for $80,000 to sell lol. There are a lot of shenanigans out there as well so be careful. I was burned once on a PSA 9 of this card. You may pay a little more from a Probstein, PWCC or MNMIRACLE, but the added security and peace of mind is worth it.
Mike
My #2 Ranked Michael Jordan PSA Basic Set
with focus problems, edge chipping, tilts, etc..... it's not a grade I will ever collect.
I would sell it now or very soon while the card market and the economy is strong.
In the past, the Jordan rookie card zoomed to crazy high levels ($40k) and this was when the pops were somewhat low. Then it plummeted back to reality
and was selling in the $10-15k range. It can happen again.
Lately, it's been on a very strong rise in price, yet pops continue to rise and so does demand. I believe in selling into a strong market.
I view it as a ultra popular card that's readily available. Personally I'd rather own a Wilt Chamberlain AND Lew Alcindor rookies in PSA 9,
than a Jordan 10 rookie.
To me, owning an older, vintage, key rookie card, is always better than owning a modern one.
Again, just my opinion. Most will probably disagree with my point of view. I've been wrong many times before
in trying to predict the hobby trends.
<< <i>We've all seen 10's
with focus problems, edge chipping, tilts, etc..... >>
Very astute observation, and was what I noticed as well with the Jordan Fleer RC. It made the pursuit of a truly perfect example really satisfying as a collector. As that quote implies, Jordan RCs that genuinely merit the GEM MINT status are quite special, since there are so many tiny eye appeal issues that can affect the card. It's one of the many reasons I am so bullish on the prospect of such examples going into the future. And what a photo. Some cards just have that perfect photo chosen by the card makers, and that sure is one of them.
Two other things germane to the discussion are the prevalence of crack-out/crossovers/rebsubmissions with this card. Over the last few years my eyes have really been opened to the enormity of that crack-out game in the hobby. Because collecting is largely a solitary pursuit (with the grateful exception of forums like this and Net54) it is easy to miss seeing that literally thousands of collectors and sellers are doing the crack or crossover game. Likely the card whose strong examples this most happens to is the MJ Fleer. The other aspect pertinent to this discussion is the enormously high price of unopened of the 86F set, which all but forbids busting open boxes and cases, knowing the tilt, centering and PD issues, any one of which can forever prohibit a 10-grade. I personally always tend toward finding 10s hiding in 9 holders, but like the poster quoted above said, even 10s of this card usually have some tiny flaw-- and finding a 9 that is truly perfect may be one of the harder pursuits in the hobby, given how likely it is that any 9 that is really a 10 has already been reviewed many times or cracked and already made it into that 10 holder.
Could buy five or six nice 9's for the price of a 10. Just my 2 cents!
hitting the 20s recently....has it peaked?
Peaked? No. It will continue to rise. Because t the best basketball buy today? Certainly not there are more that will rise at a higher rate. Let's see what the next 10 years brings.
Join the Rookie stars on top PSA registry today:
1980-1989 Cello Packs - Rookies
I have no idea when/if the bottom will fall out from the Jordan market but either way, I think Jordan rookies and second year cards are solid cards to own.
I've been tracking graded Jordan cards going on four years now and have seen a large spike in prices in the lower graded copies (8 and below). I've actually been hoarding 86-87 fleer Jordan's for a while now (I own three with bgs 7 being highest grade) and also 87-88 second year Jordan (I own 11 graded copies). The second year Jordan is on a huge upswing. Bgs 9's a year ago could be had for around 150 now go for 250+.
I have no idea when/if the bottom will fall out from the Jordan market but either way, I think Jordan rookies and second year cards are solid cards to own.
I like the 1987 too, but I think the biggest value cards are actually 1986 Jordan stickers. My favorite for their rarity is the 1896 unopened pack sticker showing examples. I expect them to double again over the next 5 years and have stocked up on them as best I could but again they are fairly rare to track down.
Join the Rookie stars on top PSA registry today:
1980-1989 Cello Packs - Rookies
I agree. The 86 fleer Jordan sticker is probably one of his most underrated cards imo. I don't know why they're not that popular, but it's a great card!
Dan
Sad for me to read this post. I sold bolth both my 86 and 87 Fleer via PWCC this week. Happy news is the funds are going to a new house for my growing family.
My #2 Ranked Michael Jordan PSA Basic Set
Glad to hear about your growing family! Congrats!! I have 2 young girls myself. Right now my 4 year old is getting her nightly dose of MLB.TV!
I just bumped this thread as it isn't worth starting a new one but man this card is going for big money. I figured this would be considered junk wax.
1992 Jordan
I just bumped this thread as it isn't worth starting a new one but man this card is going for big money. I figured this would be considered junk wax.
I haven't checked; are most of these sudden price jump Jordan cards being won by the same 2 to 3 guys, or is the winner list more widely distributed than that?
Thank you for the great opinions. And for the record, I do not own one but I have been looking.
I thought it would be nice to know the mentality I am dealing with so I can negotiate accordingly.
Don't buy now then would be my advise. I would pick up a star court kings and a star slam dunk and wait for the market to catch up to those cards. My second best choice is the 1986 Jordan showing sticker unopened packs (which I picked up a few a couple years ago) but still think that they will take off more due to their relative rarity.
Join the Rookie stars on top PSA registry today:
1980-1989 Cello Packs - Rookies
Checking VCP it shows that since March when they started their run up in prices a total of 14 Jordan PSA 10's have been purchased with two buyers having bought 6 of them. The bidder with id e***m purchased 4 of them. Interestingly enough the same person bought the 54 Aaron in PSA 8, plus several Ryan 8's and a 9. Seems as if they have the funding and are targeting key rookie cards.
Makes sense. What about the winner distribution on the Jordan cards from say 1989-1993 or so?
Checking VCP it shows that since March when they started their run up in prices a total of 14 Jordan PSA 10's have been purchased with two buyers having bought 6 of them. The bidder with id e***m purchased 4 of them. Interestingly enough the same person bought the 54 Aaron in PSA 8, plus several Ryan 8's and a 9. Seems as if they have the funding and are targeting key rookie cards.
Thanks for the info. Just like in the stock market people build positions. I could totally see a collector having 250k or 500k they want to put to work and they have to wait until the cards come up and then they spend.
You can't go in and buy a thinly traded stock and not move it just like you can't go in and buy some what rare and very popular cards without moving them too.
I wonder why these "cartel types", if in fact they could be labeled as such, and if they are involved in the Jordan run ups of prices, are not jumping into the unopened vintage market. Or maybe they are as well. I've read here recently on these boards that unopened has softened a bit. Would seem an opportune time for them to take the plunge.
One issue may be the lack of the high end, desirable BBCE product in the basketball category making it to the market.
IG: goatcollectibles23
The biggest lesson I've learned in this hobby, and in life, is that if you have a strong conviction, you owe it to yourself to see it through. Don't sell yourself, or your investments, short. Unless the facts change. Then sell it all.