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1993 SP Foil Derek Jeter ROOKIE RC #279 PSA 10 GEM MINT (PWCC)

Population 1 of 22 - Premier Modern Day Baseball Card

Final bid:
SOLD
May 16, 2018
# Bids:
148

A modern-day masterpiece and the single most important modern baseball card in the world. As Jeter's retirement settles upon fans the lore and reverence of his brand matures as it once did for the likes of Ruth, Gehrig, Mantle and DiMaggio. Derek Jeter has meant as much to baseball as any figure in history, not only because of the records he compiled (14 All Star Games, 3465 Hits, 5 Gold Gloves, etc) but also for the softer achievements which don't get statistical press, but say every bit as much about a player's investment-minded brand as anything performed on the field. Jeter's personal character and performance off the field sets the tone for what modern day professional athletes aspire to replicate; his personal love for the Yankees as a kid and the single franchise commitment that followed is as unique as his nearly 3500 career hits. The 1993 SP Foil Derek Jeter is undoubtedly the most important modern day baseball card and arguably the most important issue since the 1950s. A highly condition sensitive and low-production issue, the 1993 SP Foil production defied all norms of the day, employing an expensive manufacturing process and released in limited quantities. What's transpired from this holographic foil presentation largely set the tone for higher quality productions that became standard practice among manufacturers nearly a decade later. The 1993 SP Foil was as much ahead of it's time as was the rookie-faced Jeter it depicts. Quite the combination. The PSA 10 offered here is the first example to hit any public auction venue in recent times; extremely rare in ultra high grade with the offered copy representing just one of 22 examples ever awarded the lofty GEM MINT designation by PSA (out of 13,642 examples graded over the last 25 years of professional grading). The modern trading card market is booming, and yet comparables to this card are difficult to surmise as almost any comparison does a disservice to the brand and investment potential of this offering. Earlier this year we auctioned a 2000 Contenders Tom Brady RC PSA 10 where it fetched $109,288, over 3 times the hammer price of the previous auction sale which we manged in 2016 ($30,300). Comparatively no auction sales of 1993 SP Jeter PSA 10s have been reported since early 2017 ($54,576, Memory Lane Auctions) with much of the industry's growth having occurred since that last sale. It's anyone's guess what level the market has elevated towards in present day. All told this is a museum quality example of the industry's most important modern card; impossible to improve upon and represents the finest of investment opportunities for the trading card enthusiast. We are proud to offer this card to the investment community free of reserve or any other restriction. Awesome. One of nearly 14,000 cards, lots and sets up for bid in our 4th Auction of 2018. Click on the link above to view the other PWCC auction lots.

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