Auction Action: Goldin June Elite Review

$2.4 million. That was the price when the hammer dropped for the 2020-21 Panini Flawless Triple Logoman LeBron James Card. The Logoman finished the night as the high ticket item as another LeBron card, a 2003 Upper Deck Exquisite RPA, closed at $2.1 million. While the Logoman might have fallen well short of expectations, how did the auction perform overall? Let's review the data, facts, and figures behind the Goldin June Elite Auction.

The Numbers

Total Lots Offered: 605

Total Lots Sold: 589

Sell-Through Rate: 97.4%

Total Sales: $20,215,949

Average Sale Price: $33,415

The Charts

The total sale price for sports cards closed at $17.1 million at Goldin this weekend as the category exceeded total sales of memorabilia by more than 6x. The overall handle for sports memorabilia was lifted by six different pieces of game-worn threads that reached six-figures as memorabilia closed with an average sale price of $55,988 compared to a $33,413 average for cards. Additionally, Goldin sold $92,940 worth of tickets and $111,900 worth of Marvel cards.

The overall sell-through rate at the auction was 97.4% as 589 of the 605 total items up for sale were ultimately sold. There were 16 unsold assets and three were pieces of memorabilia while 12 were sports cards and a single ticket failed to move. The sell-through rate for sports cards was 97.7% (513/525) but slipped to 94.1% for memorabilia (48/51). Tickets and stubs had a lower sell-through of 87.5% although only eight total tickets were up for auction.

Four and five figure sales dominated this Goldin Auction as 96.1% of all items sold struck hammer prices between $1,000 and $99,999. There were 21 total six-figure sales and two seven-figure results which were the headline-catching LeBron James cards.

The Records

Lot #6: 2020-21 Panini Flawless Logoman Autographs #LMA-ANT Anthony Edwards Signed Patch Rookie Card

Sale Price: $426,000

This Panini encased 1/1 Logoman established a new all-time record for any Anthony Edwards card. After averaging 19.3 points and 4.7 rebounds per game in his rookie year, 'Ant-Man' tallied 21.3 points and 4.8 rebounds in year two as he helped guide the Minnesota Timberwolves to the NBA playoffs.‍

Lot #26: 2020 Topps Chrome F1 Autographs Red Refractor #F1A-MV Max Verstappen Signed Rookie Card

Sale Price: $90,000

The highest graded example in the PSA database for this /5 Red Refractor set a new record for Max Verstappen as the F1 season heads into its final laps of 2022. With 6 wins and 7 podium appearances, Verstappen currently leads the F1 standings with 175 points, 46 more than fellow Red Bull racer Sergio Pérez.

Lot #124: 2019 Rafael Nadal French Open Champion Matched-Used and Photo Matched Sneakers and Racket

Sale Price: $79,200

At this point it is starting to seem like Rafael Nadal will dominate the professional tennis circuit forever. The 36-year-old has already won the French and Australian Opens this year and is set to compete at Wimbledon as the second seed to defending champion Novak Djokovic. Nadal has now won the most singles titles, 22 overall, in the Grand Slam era. This racket and sneakers combo from his 2019 French Open championship match establish a new public record for any Nadal memorabilia ever sold at auction.

Lot #403: 2016-17 Panini Flawless Logoman Autographs #LA-DN Dirk Nowitzki Signed Patch Card

Sale Price: $38,400

Goldin sold a single Dirk Nowitzki card this month and it set a record for any standalone piece of cardboard featuring the German-born basketball legend. The BGS 9.5 graded Logoman was not only an impressive card with flawless centering and sharp corners, but it was also a one-of-one, providing a rare example of a highly graded card with no other comparables in existence.

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