Welcome to Sports Cards Insider. We use Moneyball tactics to discover undervalued, mispriced, and hidden gems in Fractional Investing.
Today, we’re covering the investment opportunities for Michael Jordan:
- Michael Jordan 1999 Upper Deck Retro Inkredible PSA 9
- Some better opportunities that are already trading
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Michael Jordan 1999 Upper Deck Retro Inkredible PSA 9
About the Asset
This is a PSA 9 graded 1999 Upper Deck Retro Inkredible card. These inserts, which featured current and former NBA stars, could be found in pack. They were numbered one to the player’s jersey number.
About the drop
This asset will drop on Rally on 18th June 2021 at noon EST. It has a market cap of $50k and no retained equity.
Add IPO to calendar
About Michael Jordan
He’s the best to ever play the game.
Recent sales history and Valuation
the most recent sale of this card was at auction via Goldin on March 8th 2021. That’s was Rally’s purchase. If we discount that by 10% to account for the Fractional premium, that comes out to $38,880.
To adjust for price movement since then, we can look at this week’s other MJ IPO, the 1987 Fleer card. They have similar values, more or less. That one’s declined by 21% since early March, so we should apply the same discount to this card.
Inferred value is $30,715
Verdict
We wouldn’t invest in this drop based on valuation.
Other ways to invest in Michael Jordan
If you want to invest in Michael Jordan, there are a number of opportunities to do so across Rally, Otis, and Collectable. Below are a number of options that are currently undervalued.
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