Mike Trout rookie card sells for $900K in record-setting memorabilia auction
Sports memorabilia continues to generate a frenetic market, and further evidence of just that arrived Wednesday when a Mike Trout rookie card sold for a record-breaking amount at auction.
In an auction held by Goldin Auctions that netted record-setting bids on a handful of items, Trout’s autographed Bowman Draft Chrome Prospect card topped all of them with a $900,000 winning bid, setting a modern-day baseball card record.
Sports cards and memorabilia on fire, as Mike Trout card sells for $900,000 tonight, obliterating a modern day baseball card record. Jordan, Kobe and LeBron memorabilia also sell for huge prices in @GoldinAuctions sale https://t.co/gcYGeS9cMZ— Darren Rovell (@darrenrovell) May 21, 2020
As the above tweet from Darren Rovell of Action Network notes, Trout’s rookie card selling for $900K was not the only item to sell for an extremely high-dollar amount during Wednesday’s auction.
A Michael Jordan 1986-87 Fleer rookie card generated a winning bid for $97,200, which also set a record. And the NBA memorabilia-related insanity didn’t end there, either.
An MJ rookie sold for a record $97,200 last night.— Darren Rovell (@darrenrovell) May 21, 2020
A LeBron Jersey sold for $362,500.
A Kobe champ ring gifted to his mom sold for $201,250.
But a Mike Trout card stole the show in the @GoldinAuctions sale, selling for $900,000https://t.co/gcYGeS9cMZ
“A Lakers championship ring Kobe gave to his mother was sold for $201,250, while one of Bryant’s rookie cards sold for $110,400,” Rovell wrote. “Shoes worn by Bryant in the clinching game of the 2001 Finals sold for $70,000. A scorer’s sheet from Kobe’s career high of 81 points signed by Bryant sold for $23,750.
“A LeBron rookie jersey sold for $362,500, while one of his cards, also from the Exquisite Collection, sold for $146,400.“
What exactly is causing understandably coveted items of sports memorabilia to create such a frenzy at auction right now is unclear, but it goes without saying an absurd amount of money is being thrown around by collectors in an attempt to procure such treasures.