What comes up must definitely come down. This thought can’t be more true when it comes to LeBron James’ card market value, especially during the last five weeks.
The LeBron rookie card crash continues
From $43k to $25k in 5 weeks
I’d be surprised if it doesn’t come roaring back in the playoffs tho pic.twitter.com/V4GF9PgxME
— Colin Landforce 🛠 (@landforce) March 19, 2021
LeBron James’ definitive rookie card, his 2003 Topps Chrome, was clearly at the top of the world when February started. A PSA 10 slabbed copy of this card fetched $43,231 in an auction on eBay at that time. Another copy of the same card with a similar grade also reached $40,600 after 66 bids.
Article Continues BelowAs March began, PSA 10 copies of the King’s Topps Chrome card steadily declined. Two weeks ago, an auction of this item occurred on eBay, which resulted in a winning bid of $30,100. That number just went down to $24,200.
From the prices posted above, James’ graded Topps rookie card has almost been halved in value. This downward trend is definitely a huge bummer to those who invested in The King’s stock, especially the graded ones, more than a month ago.
In this situation, the first instinct some people will go for is to sell. Fret not, because we’re talking about LeBron James here. This market dip is likely not permanent at all. Once the playoffs start, you can expect his value to increase again, especially if he wins MVP No. 5. So don’t drop your cards of The King right away, because they’ll bounce back up before you know it.