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The crazy cryptocurrency and NFT world has kept on getting crazier. This time, a record was made, and American football quarterback Tom Brady was the beneficiary. He sold his rookie football cards at an astonishing price of $1.7 million, which got him going back to check his collection. He said it still looks surreal to realize such an amount of money from a football card.
BREAKING: Our $1.7M Tom Brady Card was purchased using Litecoin.This is one of the most expensive hard assets ever paid for in crypto. pic.twitter.com/6AidOfSx3I
— Goldin Auctions (@GoldinAuctions) April 28, 2021
It feels surreal for Brady
Brady said at the start of his carrier, his agent brought a trading card deal, and he signed 1,000 cards, getting 20 cents a card.
However, 21 years later and the price of the cards is now valued at an unbelievable price. He added that he would have kept a lot more cards if he had known.
“It’s surreal and it makes me want to go check all my cards that I have stored again,” Brady added. The bidding for the football card started at $75,000, with over 60 bids received for the auction.
Leland’s president Mike Heffner stated that although he was surprised by the high bid price, he wasn’t shocked, especially as the market is headed upward. He said there were expectations that the card will outperform other cards that have been recently sold. However, the extent of the performance is what surprised him.
The most expensive item ever sold by Goldin Auctions
The buyer paid with Litecoin (LTC), and his identity still remains unknown. The auction was organized by Goldin Auctions, and it admitted that the football card is the most expensive item it has sold after allowing crypto payments a month ago.
The founder of Goldin Auctions admitted that the hobby is going through incredible growth, which it has never seen in his over 40 years in the industry.
He also stated that crypto and football cards are increasingly showing a strong connection within the alternative asset class.
The post You won’t believe how much this signed football card is worth appeared first on Invezz.
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