Thinking about keeping a thread where modern cards selling for $100,000 or more can be catalogued. This morning I saw this, being sold by PWCC:
1997 Metal Universe Precious Metal Gems Michael Jordan PMG GREEN /10
Graded by PSA as "Authentic Altered" it is bid up to $100,825 with 6.5 days to go. The condition of the card is not great, with flaking along all edges. No indication as to what the alteration is. Normally that means trimming, but the card looks normal size, I don't see unusual gaps in the slab. Could be color touch, but why? Probably trimmed by a fraction, but who knows.
There are 4 bidders at the $100K level, and several more in the $75,000+ range. All of them show an unusually high bid percentage with PWCC, but there seem to be people who favor buying from large dealers rather than anyone. And the people likely to drop that much on a card probably have narrow tastes and dealers like that carry the type of things they like. Plus, as I understand it, the large consignors offer better fee structures for sellers than ebay itself, so that's just where cards like this end up. None of the top 4 bidders have any bid retractions, so that's comforting, I suppose.
The card itself, what can you say? The 1997 PMG Greens are simply some of the most sought-after cards in the hobby. No matter whether it's Michael Jordan or Olden Polynice, they're valuable cards. This particular example has issues, obviously, but it's beautiful. The artwork on these cards has selective appeal, but the Jordan is pretty awesome. You can imagine him flying through a metal-inflected cosmos with a flaming meteor in his hand, posterizing God. The green gives it an alien sheen, and the fact that most people have never even seen this card before makes it all the more alluring.