A one-of-a-kind basketball rookie card of late Minneapolis Lakers Hall of Fame center George Mikan sold for $403,664 to record the highest bid in SCP Auctions’ 2015 Fall Premier online auction, which concluded Sunday morning. The impeccably preserved 1948 card (#69) from the lone Bowman Basketball card set ever produced is the only one of its kind to ever receive a grade of “Gem Mint 10” from third-party authenticator PSA Cards. The card previously sold in 2009 for $225,000, but this auction nearly doubled its previous world record price. The entire auction of more than 1,000 sports memorabilia lots brought in more than $4 million.
“It’s great to see that a card of Mikan, a player who redefined his sport, is now redefining the vintage basketball card market,” said SCP Auctions Vice President Dan Imler.
Other top lots included a rare 1969 Ernie Banks game-worn Cubs road jersey from a season in which “Mr. Cub” clubbed 23 home runs that sold for $161,484; a 1970 Gem Mint 10 Topps Basketball rookie card (#123) of Pete Maravich that went for $130,053; and a circa 1929 Babe Ruth and Lou Gehrig dual-signed baseball captured $110,110.
The prestigious Jeff Figler Collection was led by the sale of a complete set of 1952 Topps Baseball cards that went for $75,205, while the E. Lisk Wyckoff Collection celebrating the history of the New York Yankees was led by the $27,584 sale of a Don Larsen signed and inscribed game-used baseball from his Game 5 perfect game in the 1956 World Series. The Jo Jo White Basketball Collection, meanwhile, brought in $104,029, led by the sale of his 2008 Boston Celtics NBA Championship ring for $53,758.
Other highlights from the auction included:
• 1980-81 Wayne Gretzky Edmonton Oilers Game Worn Road Jersey – $100,266
• One-of-a-Kind 1957-58 Topps Basketball Complete Set Uncut Sheet – $91,000
• An Oversized, Framed Babe Ruth Signed and Inscribed Photo from Dec. 25, 1927 – $82,863
• Thurman Munson’s 1979 Final Season New York Yankees Game Worn Home Uniform – $75,205
• Carl Shy’s 1936 Gold Medal as a Member of the First U.S. Olympic Basketball Team – $66,632
The buyers of the items wish to remain anonymous at this time. All prices include a buyer’s premium. Full auction results are available at www.scpauctions.com. -Terry Melia
The lone PSA 10 graded example of George Mikan’s 1948 Bowman rookie card sold for $403,664 in SCP Auctions’ 2015 Fall Premier online auction, which concluded early Sunday morning. The card previously sold in 2009 when SCP purchased it for a client, but this auction nearly doubled its previous world record price. The entire auction of more than 1,000 sports memorabilia lots brought in more than $4 million.
George Mikan’s 1948 rookie card sold for $403,664 in SCP Auctions’ Fall Premier online auction, a record for a basketball card. SCP Auctions said Sunday that the buyer wished to remain anonymous. The card of the Minneapolis Lakers’ Hall of Fame center is from the lone Bowman basketball card set ever produced and is the only one of its kind to receive a grade of ”Gem Mint 10” from third-party authenticator PSA Cards. The card previously sold in 2009 for $225,000.
Michael Jordan might still be the king of cardboard when it comes to basketball, but even he can’t stop a vintage gem from breaking records. A PSA 10 1948 Bowman George Mikan rookie card sits at more than $150,000 with several days remaining at SCP’s Fall Premier Auction. And while that’s a big number, expect to see some big jumps. The same card sold for $225,000 in 2009. Pre-auction estimates suggest it could double this time around.
I must admit that I barely ever heard of George Mikan, dubbed “Mr. Basketball” for his pioneering play and dominance, until his card came up for auction. But now I’ll have a hard time forgetting him. His 1948 Bowman rookie card— the only specimen ever graded a PSA 10 gem mint— will probably reach $.5 million in an auction that closes on December 5th. “This particular card sold for $218,500 in 2009 and we certainly anticipate that will double that price this time out,” says Terry Melia of SCP Auctions, in Laguna Niguel, California. “It’s basketball’s equivalent of the Honus Wagner T206 baseball card.” As of this posting, the card is up to $129,690 at www.scpauctions.com.
SCP Auctions’ 2015 Fall Premier online auction opened for bidding Wednesday, highlighted by a 1948 George Mikan Bowman rookie card, the only one of its kind that’s been graded Gem Mint 10 by PSA; Joe DiMaggio’s 1951 game-worn Yankees road uniform from his final season; a previously unknown and impeccably preserved Ernie Banks 1969 Cubs Roads jersey; and a one-of-a-kind 1957-58 Topps Basketball complete set in final production uncut sheet form.