LeBron James added a new crown to his collection on Monday: the most expensive basketball card of all time.

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“This was actually in the works for a while,” PWCC’s director of business development Jesse Craig told Darren Rovell of The Action Network. “The demand for rare cards, especially basketball right now, is just like the demand for fine art.”

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Craig said that trading card sales have been down recently, but high-end cards are still setting records. Twenty-three of the 24 most expensive sports trading card sales of all time have come since February 2020.

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The previous record for a basketball card was set this past February when a 2018 one-of-a-kind, autographed Luka Dončić Panini National Treasures card went for $4.6 million in a private sale.

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The LeBron card is one out of a limited edition of 23. A similar LeBron James rookie card, one out of 99, was sold for $1.72 million by Goldin Auctions on Saturday night.

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