A mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.
Some saw collectibles as a hedge against inflation over the past couple years, he said, while others rekindled childhood passions.
Add to that interest from wealthy overseas collectors and you have a confluence of factors that made sports collectibles especially attractive, Ivy said. By 2021, that market had grown to $26 billion, according to the research firm Market Decipher, which predicts the market will grow astronomically to $227 billion within a decade — partly fueled by the rise of so-called NFTs, or non-fungible tokens, which are digital collectibles with unique data-encrypted fingerprints.
The auction netted a handsome profit for Anthony Giordano, a New Jersey waste management entrepreneur who bought it for $50,000 at a New York City show in 1991.
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Mickey Mantle card breaks record, as sports memorabilia soarA mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.
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Mickey Mantle card sold for $12.6 million at auction, breaks record'HOLY COW!' A mint condition Mickey Mantle baseball card sold for $12.6 million Sunday, blasting into the record books as the most ever paid for sports memorabilia in a market that has grown exponentially more lucrative in recent years.
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Mickey Mantle card sold for $12.6 million at auction, breaks recordA mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.
Read more »
Mickey Mantle card breaks record, as sports memorabilia soarA mint condition Mickey Mantle baseball card has sold for $12.6 million, blasting into the record books Sunday as the most expensive ever paid for a piece of sports memorabilia.
Read more »