Unopened Case Of 1986-87 Fleer Basketball Cards With Michael Jordan Rookies Sells For Record

An unopened case of 1986-87 Fleer basketball cards sold at auction Thursday for a record-setting $1.8 million, according to Darren Rovell. The case contains 12 boxes of 36 packs each and could contain upwards of 40 Michael Jordan rookie cards. Consigned by Jeremy Fritsch of Fritsch Cards in Stevens Point, WI, the case should also include rookie cards for Karl Malone, Hakeem Olajuwon, Charles Barkley, Clyde Drexler and Patrick Ewing.

How rare are these cases? The guys who track these things are shocked to see this case in existence.

“The last time I knew of a sealed 1986-87 Fleer case hitting the market was in the late 1990s. I haven’t handled a sealed case since the late 80’s and didn’t think one still existed,’’ Steve Hart, owner of Baseball Card Exchange, told Sports Collector Daily.

It's not just the Jordan rookie cards in that case that have people excited. There are Jordan stickers in there that were going for around $20,000 in 2016. Sports Collector Daily says the case should contain at least 36 Jordan rookie cards and a similar number of the Jordan stickers. Single wax packs of 1986-87 Fleer with PSA 9s go in the $5,500-$6,000 range on eBay.

PSA 9 Jordan rookie cards from the 86-87 set have recently sold in the $12,000 range, but according to Sports Collector Daily, if you hit the motherlode and get a 10, the value should skyrocket into six figures.

The experts predict the case buyer is highly unlikely to open it and just let time march on and let the MJ rookie card hysteria raise the value of the highly sought after case. Makes sense. The market is now set.