In a recent private deal brokered by Goldin Auctions, a 1961-62 Fleer Wilt Chamberlain rookie card fetched an astounding $1.7 million. This sale marks the highest amount ever paid for a vintage basketball card predating 1980. The previous record was held by a 1980-81 Topps Larry Bird/Magic Johnson rookie card, which sold for $861,000 in August 2021 through the same auction house.
The Chamberlain rookie card had a humble beginning, as it was discovered in a grocery store closet in Crosby, Minnesota, where it had been stored for over 60 years. A family member of the store’s owners stumbled upon it and decided to have it graded. Surprisingly, the card received a perfect “10” rating from SGC, making it the only 1961-62 Fleer card to achieve such a high grade. Despite the set’s reputation for factory and printing defects, this particular card remained in immaculate condition after being untouched for six decades.
Caleb Baker, the lucky individual who consigned the card, expressed his astonishment at the sale, stating that he knew it would be a life-changing moment as soon as he laid eyes on the card. He emphasized that he was still in shock that he had the privilege of sending it for grading and putting this historic piece on the market through Goldin Auctions.
Not only did the Chamberlain rookie card set a new benchmark for vintage basketball card sales, but it also added to Chamberlain’s legacy in the memorabilia world. In a separate auction, Chamberlain’s 1959-60 photo-matched rookie-season-home-white jersey became the most expensive vintage basketball item ever sold in June 2023, fetching a staggering $1.792 million at SCP Auctions.
The sale of the 1961-62 Fleer Wilt Chamberlain rookie card for $1.7 million not only made headlines for its record-breaking price but also highlighted the enduring appeal and value of vintage sports memorabilia. This auction serves as a reminder of the importance of preserving historical artifacts and the thrill of uncovering hidden treasures in unexpected places.
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