Signed LeBron James Rookie Card Fetches $312K at Auction

Signed LeBron James Rookie Card Fetches $312K at Auction

A signed LeBron James card fetched a staggering $312,000 USD at auction this weekend.

Goldin Auctions said an unknown bidder paid the unexpected sum for a 2003-04 Upper Deck Ultimate Collection LeBron James "Ultimate Logos" Autographed Rookie Card, graded PSA MINT 9. The card was pulled from Upper Deck's Ultimate Collection set, which were sold for $125 a pack, with only four cards in a pack.

The selling price was the highest price every paid for a James card, as well as a single signed card, easily beating a 1933 Goudey Babe Ruth autographed card, which sold for $50,787. The highest price previously paid for any James collectible was $95,000 for a 2003-04 card of James' from Upper Deck's Exquisite Collection, which retailed for $500 a pack.

Furthermore, the James card is now the third-highest price paid for a basketball card, behind a 1969 Lew Alcindor Topps rookie, which sold for $501,900, and a 1948 George Mikan rookie, which sold for $403,664.

The most valuable card in the world goes to the famous 1910 T-206 Honus Wagner card, which sold for a record $3.12 million by Goldin Auctions.