An NFT of the famous 1952 Mickey Mantle baseball card was sold by Topps Friday on Opensea for $470,711.
The price paid for the digital version is what would be expected to be paid for a card graded in between a 7 and 8.
The average price for a 1952 Mantle graded 7 of this card is $209,321, according to card grader PSA. The average price for the card graded 8 is $1.35 million.
In January 2021, collector Rob Gough bought the Topps Mantle rookie in a PSA 9 for $5.2 million.
There are three PSA 10s, which haven’t hit the market. They are believed to be worth $25 million to $30 million each, remarkable considering that some of the card’s worth comes from the fact that so many of them were dumped in the ocean after Topps couldn’t sell the cards for years after it was produced.
𝙇𝙚𝙜𝙖𝙘𝙮 𝙘𝙚𝙢𝙚𝙣𝙩𝙚𝙙. 🏆
The @Topps 1952 Mickey Mantle Card NFT auction has CONCLUDED! This 1-of-1 digital collectible has sold for a final price of 175 ETH ($470,711.50 USD)! The second highest sports NFT EVER on @OpenSea!
CONGRATS to the WINNER! pic.twitter.com/sasBSSLHsu
— Topps NFTs (@ToppsNFTs) March 4, 2022
The purchase of the NFT was made on OpeanSea by the account 'DV_MO_I'.
Topps Series 1 is an NFT collection also available where you can buy and sell officially licensed Major League Baseball NFT's. Standard packs of six digital collectibles were released on April 20, 2021 for $4.99 a pack. Premium packs went for $99.99 containing 45 digital collectibles.
Many other athletes have set up their own NFT collectibles, including Tom Brady's company called "Autograph".