Wednesday, February 27, 2019

Thank You, Federal Reserve: Tom Brady Rookie Cards Sells for Record at Auction

As the Federal Reserve continues to print money, the prices of hard assets continue to soar, including that of sports trading cards.

In an auction that ended on Monday, a rookie card of six-time Super Bowl-winning quarterback Tom Brady sold for $400,100, the highest auction price in history for a football card.

The auction was coordinated online by eBay and PWCC Marketplace.

“This sale was record-setting but also largely predicted,” PWCC Marketplace CEO Brett Huigens said in a statement. “This auction event featured the finest football card we’ve brokered in our 20-year history and achieved the highest-ever hammer price for a football card. We were honored to present this asset to the public and are delighted for the new owner.”

But get this.

This record-setting auction closed just four days after PWCC Marketplace had set the modern card record on eBay by selling a 1997 Michael Jordan card for $350,100, according to Action Network’s Darren Rovell.


1 comment:

  1. Funny thing, Brady made a post about this and said “you know I’m raiding the basement now!”
    When he gets his 7th ring next year, this card will maybe be worth another $200,000? And when he retires it will go up, and when he gets into the hall of fame... good investment.