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Updated September 21st, 2020 at 18:29 IST

Giannis Antetokounmpo's card BREAKS RECORD set by LeBron's rookie card, sells for $1.812M

According to Action Network's Darren Rovell, Giannis Antetokounmpo's 1-of-1 card has been sold for a record-breaking $1,812,000 by Goldin Auctions.

Reported by: Devika Pawar
Giannis Antetokounmpo
| Image:self
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Last week, Milwaukee Bucks star Giannis Antetokounmpo made history after he won his back-to-back MVP award. With basketball memorabilia and their price already high, Giannis' MVP award helped the cost of his merchandise skyrocket. This includes the recently sold Giannis Logoman card, which broke the previous record set by LeBron James' rookie card sold for $1.8 million. 

Also read | Giannis Antetokounmpo unfollows ALL Bucks members on Instagram; sparks trade rumors to Raptors, Warriors

Giannis Antetokounmpo card sells for $1.812 million, breaks LeBron James rookie card record

Increasing Action Network's Darren Rovell recently shared that Goldin Auctions sold the Giannis 1/1 Logoman card. The card was reportedly sold for a whopping $1,812,000, which overtook LeBron James' rookie cards sold six weeks ago. James' card was sold for a reported $1.8 million, which means Giannis' card was sold for only $12,000 more. 

According to Rovell, the card was sold to Alt, who have also purchased the LeBron James rookie card. As per their official account (@onlyaltofficial), they work towards "increasing the transparency and liquidity of alternative assets". As per TMZ Sports, the card was predicted to fetch around $2 million, just like the James' rookie card. 

Also read | Giannis Antetokounmpo demands plan, roster improvements from the Bucks post NBA failure

As per reports, the card is "ultra-rare", and also comes with a game-worn jersey that Giannis wore during his rookie campaign. The card is a 1-of-1 card, which makes it super valuable, especially since it is graded a Mint 9 by the Beckett Grading Service makes. Giannis' signature on the card also received a perfect 10 score from Beckett Grading Service's autograph evaluators. 

Also read | LeBron James "p*ssed off" after being snubbed for MVP award as Giannis Antetokounmpo wins back-to-back: Giannis MVP

The rare item was a part of the Panini America's 2013-14 high-end National Treasures line, which has the "Logoman" patch from the Greek Freak's rookie jersey. Before the sale, reports highlighted that the card's grading is of great importance to the buyers and collectors. The card was expected to break James' card record. James' card was a 2003-2004 Upper Deck rookie card, but not a 1-of-1. 

Goldin Auctions owner' Ken Goldin spoke about Giannis' card, stating that he would not be surprised if it sold for over $2 million. The bidding for the card began in August with $250,000, immediately hitting $500,000. Currently, Mike Trout's rookie card holds the record for being the most expensive sports trading card to be sold after being auctioned off for $3.93 million.  

Also read | LeBron James rookie card sells for record $1.8MILLION at auction

Giannis trade and Giannis MVP award

While Giannis has stated that he has no plans of moving on from the Bucks, various reports have hinted at a Giannis trade, especially to the Miami Heat or Toronto Raptors. The LA Clippers have also been listed as a possible option. The 25-year-old star also won the NBA MVP award this season, beating James with 209 votes. Giannis is only the third player after Michael Jordan and Hakeem Olajuwon to win the Defensive Player of the Year award and the MVP award for the same season. 

(Image credits: NBA stats Twitter)

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Published September 21st, 2020 at 18:29 IST

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