What the $1.47 Million Jordan PMG Red Is Telling Us
A 1997 Metal Universe Michael Jordan Red PMG /100 BGS 8 sold for $1,473,988.80.
The same copy sold for $480,000 in 2021 and $360,000 in 2023.
This episode is not about deciding whether the buyer overpaid. It is about reading the signal.
Brett explains why demand matters as much as scarcity, why one sale does not create a market price, and how money moves through a collecting category.
What does this record mean for collectors working with budgets of $150, $1,500, or $15,000?
The lesson is not to chase a PMG.
It is to study which cards hold meaning, demand, and scarcity after the attention moves on
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Sign up for Hobby Jobs and The Weekly Rip for free
Get your free copy of Collecting For Keeps: Finding Meaning In A Hobby Built On Hype
Start your 7 day free trial of Stacking Slabs Patreon Today
[Distributed on Sunday] Sign up for the Stacking Slabs Weekly Rip Newsletter using this link
Follow Stacking Slabs: | Twitter | Instagram | Facebook | Tiktok