Allen Iverson's Rare Card Sells for Record $701,500

A rare 1997 Skybox E-X 2001 Essential Credentials Now card featuring Allen Iverson has sold for a record-breaking $701,500 at Heritage Auctions, far exceeding expectations of $200,000. This sale makes it the most expensive Allen Iverson collectible ever, with only three of these cards ever produced. The previous record for an Iverson card was approximately $80,000, highlighting the significant increase in the card's value. Despite its less-than-mint condition, which included minor wear and fading, 58 bids were submitted for the card. The identity of the buyer remains unknown, but this sale may prompt the auction of the remaining two Skybox Iverson cards. Overall, this auction marks a notable moment in sports collectibles, particularly for Iverson, whose market has been growing.