Record Sale for Jordan’s PMG Card

A 1997-98 Metal Universe Precious Metal Gems Red Michael Jordan card has sold for $1,473,989 through the collectibles marketplace Alt, according to an announcement from Alt. The sale sets a new benchmark for the PMG line, which Alt called the most expensive PMG card ever sold at auction, regardless of player or year.

The card, numbered 052/100 and graded BGS 8, has a Beckett population of 11 at that grade, Alt reported. While it is not the most expensive Jordan card ever, it tops the category that has become synonymous with high-end 1990s basketball collecting.

Why This Card Is So Valuable

The original Precious Metal Gems issue was structured differently from many modern parallels. PSA states that each card in the 1997-98 Metal Universe PMG set was numbered to 100, but the first 10 copies received green foil while the remaining 90 were red. That makes Jordan’s Red PMG effectively a 90-card version, with the Green PMG representing the extraordinarily scarce first 10 copies.

Condition adds another layer of scarcity. PSA notes that the foil used on the cards has a tendency to flake and chip, so surviving copies must overcome both a tiny original print run and a design that is inherently difficult to preserve in elite condition.

The card also carries a deep connection to basketball history: the 1997-98 season ended with Jordan’s sixth championship and final NBA title with the Chicago Bulls. The combination is difficult to replicate: Jordan, the final Bulls championship season, a landmark 1990s design and an original supply measured in dozens rather than thousands.

A Potential $100 Million Jersey

Separately, the owner of Michael Jordan’s Game 3 1998 NBA Finals jersey has predicted it could fetch $100 million, which would shatter the record for the most expensive piece of game-worn sports memorabilia ever sold.

Sports investor and actor Rob Gough is selling the one-of-a-kind white, game-winning jersey, four years after he purchased it. “I think this will be the first jersey to hit $100 million,” Gough said.

Gough described his acquisition as a “wild treasure hunt” sparked by Jordan’s “The Last Dance” season, when he won his sixth and final championship with the Bulls. The Indiana native said he always looks “for pieces that sit at the intersection of the greatest athlete, the greatest stage and a defining moment.”

“It’s not like I knew where it was or it was easy to find … this person led to this person, which led to the other person,” he added. “Unfortunately I never got to the actual owner of the jersey, I got to a middle man who probably made millions of dollars [off the sale].”

Gough, 42, never learned the original owner’s identity and had to sign a non-disclosure agreement, so he cannot disclose what he paid. He displayed the jersey at his house in Puerto Rico for two years before moving it to a vault for safekeeping.

“It’s interesting, because I have a lot of great art. And when people come to the house, they skip right over the art and go right to the jersey,” Gough said. “That’s when I realized that this stuff is the new modern art.”

He decided to part with it after realizing it was not being fully appreciated. “You’re a steward of these iconic pieces of history. When I had it in the house, it was tremendous. But when it was in the vault … what’s the point of being a steward of something if you’re not gonna let people see it and enjoy it?” Gough said.

The jersey is being sold by Pharrell Williams’ auction house Joopiter, with bidding starting on Sept. 15.

Context from Other Jordan Memorabilia Sales

While the PMG card’s price is notable, it sits below other Jordan collectibles. For example, Goldin sold a 1997-98 Jordan PMG Red No. 060/100 graded PSA 5 for $640,500 on March 7, 2026. In August 2025, a one-of-one 2007-08 Upper Deck Exquisite Collection Dual Logoman Autographs card featuring Jordan and Kobe Bryant sold for $12.932 million at Heritage Auctions.

The 1997-98 PMG Red card has no autograph, no game-used Logoman patch, and no one-of-one designation. It was produced by SkyBox.

For jerseys, Jordan’s Game 1 jersey from the 1998 NBA Finals currently holds the auction record, fetching $10.1 million at Sotheby’s in 2022. In Game 3 of the ’98 Finals, the Bulls beat the Utah Jazz by 42 points, setting the record for the biggest blowout in NBA Finals history.

Gough, a sports investor and actor, also recently purchased the Miami-based World Jai Alai League. In 2021, he bought a rare 1952 Topps Mickey Mantle card for a then-record $5.2 million, and his collection includes jerseys of Kobe Bryant, Wilt Chamberlain, Tom Brady and Wayne Gretzky.