It must feel good to be King James. Despite being sidelined for the longest duration of his historic Hall Of Fame career, LeBron James is still finding ways to break records.
A 2003-2004 Upper Deck Exquisite Collection RPA (rookie patch autograph) LeBron card sold for $5.2 million with PWCC Marketplace. The card is now the most expensive basketball card in history, breaking the record of a Luka Doncic rookie card that sold for $4.6 million. The sale ties the all-time record of any card with the 1952 Topps Mickey Mantle card, purchased in January also through PWCC Marketplace.
“Exquisite was a revolutionary product when it came out in 2003,” said Jesse Craig, PWCC’s director of business development. “It was the most expensive retail product that had ever been released, at $500 a box, and they were only made from 2003 to 2009; the rarity of those assets carries a lot of weight for collectors and investors today.”
Most owners of James cards are reluctant to sell them right now. People think that the value is still going to rise.
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“The majority don’t want to sell,” Craig said. “There are a select few that want to capitalize on the rise of the market, but it has to be kind of the perfect storm for someone to release a card of this magnitude.”
“There are LeBron cards [still] out there, I would say, worth over $10 million,” Craig said. “And let’s be clear: There are three Mantle PSA 10s that, whenever they transact, will break every record there is. But as a market, there are so many desirable cards that haven’t sold yet publicly.”
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