Today we have a deep dive into the 2007-08 Michael Jordan Exquisite Numbers /23 BGS 8 that will IPO at Collectable on April 23rd, 2021 at 6 PM EST.
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Table of Contents
What is the 2007-08 Michael Jordan Exquisite Numbers /23 BGS 8?
This is a 2007-08 Michael Jordan Exquisite Collection Numbers autographed card with a multi-color jersey patch. It is numbered 4 of 23 and graded BGS 8 with an autograph grade of 10. Of the 9 cards Beckett has graded, it actually is the lowest graded one.
It was purchased at auction on November 17, 2020 for $46,188.
It IPOs on Collectable at 6 PM EST on April 23rd for $78,500. The consignor is holding $35,000 in retained equity, leaving $43,500 in shares.
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Cultural Relevance
Yes, it’s another Jordan IPO. This card is from well after he retired, which shows his lasting power. Here’s another sweet Jordan dunk.
Inferred Value – $45K+
[Detailed Valuation available to Insiders Only]
Category Strength
The Sports Cards category had a 60% ROI in Q1 2021.
Subcategory Strength
Risk Profile
Asset Growth TTM
Growth Outlook and Future Catalysts
Jordan, despite the big recent drop in price is still a good long-term hold and while there will be ups and downs, I’d expect it to continue to trend upwards. That being said, there’s nothing on the horizon that would cause this specific card to pop anytime soon.
Asset Liquidity
This will have a roughly 90 day lockup period then will trade daily.
Platform Risk
Intangibles
The card is from five years after Jordan retired and is one of many variants that are autographed with a jersey patch. I count 29(!) different 2007-08 Exquisite Jordan cards — not all are autographed or with a patch, but a lot of them are. There’s nothing notable or unique about the card and the retained equity is at 44%.
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