NBA star LeBron James' rare 2003-04 rookie card sold for $1.8 million

WION Web Team
New Delhi, Delhi, India Updated: Jul 20, 2020, 02:52 PM(IST)

LeBron James. Photograph:( AFP )

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According to Darren Rovell, the winning amount was bid by Leore Avidar who is the CEO and co-founder of a San Francisco-based company.

NBA great LeBron James' 2003-04 rookie trading card with the Cleveland Cavaliers became the most expensive basketball card purchased in the modern era - those produced in 1980 or later after being sold for $1.8 million at an auction over the weekend, as per the league's statement. This trading card is considered to be rare. 

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The rare card is signed by LeBron James. The bid for the autographed card began with $150,000. "Only 23 versions of the Patch Autograph Parallel collection for James were ever produced. The rare card received a 9.5 mint gem grading from Beckett grading service," the NBA said.

"Numbered 14 of 23, the card attracted 34 bids over the course of the 26-day auction."

According to Darren Rovell, the winning amount was bid by Leore Avidar who is the CEO and co-founder of a San Francisco-based company.

16-time All-Star player LeBron James now plays for Los Angeles Lakers. He has won NBA Championship thrice (2012, 2013, 2016) and is two-time Olympic gold medallist (2008, 2012). He has won the NBA's Most Valuable Player award four times.

In May, Michael Jordan’s autographed game-worn sneakers from his rookie season fetched $560,000 in an online auction and one of Trout’s cards was sold for $923,000. 

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