Luka Doncic autograph rookie card sets record for basketball collectible

[finestkind]

Luka Doncic autograph rookie card sells for $4.6 million; sets record for basketball collectible | Sporting News


Why ?

1. Some people have too much money
2. People with that kind of money are insane
3 ?

 

[Letch77]

Yeah, I may have overpaid by a bit.

 

[banjar]

Thought I had a shot at it, but no, you had to come along and outbid me by 4.599999 million. Dog!

 

[banjar]

I think these high rollers buy cards like this with the expectation that they will be able to flip it for twice the price within a few years. And with how stupid this "hobby" has become over the last year, that may be a reasonable expectation.

 

[JVHaste]

The Chinese are obsessed with NBA (unlike NFL/MLB) and I've seen some of them do NBA box breaks of 2-3 cases before. I bet they are driving up the hobby on that end.

 

[AnthonyCorona]

I don’t know if it’s just life experiences or what but I think (maybe not this Luka) many cards are being used for money laundering. I haven’t always been a fine upstanding citizen and had this idea with a guy like 10 years ago. His response was there wasn’t enough money in it


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