(FOX NEWS) -- A last-minute bidding war on eBay for a Michael Jordan basketball card dubbed the "Holy Grail" brought the sale price to a record $350,100 this week, a report said.
The Chicago Bulls legend's 1997-98 Precious Metal Gems (PMG) Green card is one of only 10 ever made, according to the Chicago Tribune. This particular card is one of only three believed by experts to be in circulation. It is also the only card to be authenticated by the Professional Sports Authenticator (PSA) service.
"We call it a 'Holy Grail' because it's so scarce and so desired that you just frankly never see it," Brent Huigens, CEO of PWCC Marketplace, which handled the auction on behalf of a private owner, told the paper.
Closing Tonight (Wednesday) is Basketball 1948-2002. Highlighted by one of the rarest and most important modern cards for any sport. This 1997 Metal Universe Precious Metal Gems Michael Jordan PMG GREEN /10 PSA Authentic. VIDEO & HIGH-RES IMAGE LINK - https://t.co/wgB77lOeSs pic.twitter.com/0if9luGRYq
— PWCC (@PWCCmarketplace) February 20, 2019
The final two minutes saw a surge in bidding that increased the price of the rare card by nearly $150,000, the Tribune reported.
While important pieces of Jordan memorabilia, such as game-worn shoes and jerseys, have sold for staggering prices, the amount scored for the card is "unprecedented," Rich Mueller, editor of Sports Collectors Daily, told the paper.
"I believe it's the highest-selling Jordan card of all time," he said.
Jordan's rookie cards, which are also a rarity, typically sell for $20,000 to $25,000 in gem mint-condition, Mueller said.
PSA President Steve Sloan confirmed to the paper that the Jordan card is the third-highest public auction sale for a basketball card. It stands behind a mint-condition 1969 Lew Alcindor (Kareem Abdul-Jabbar) rookie card by Topps ($501,900), and a 1948 George Mikan rookie card by Bowman ($403, 664).
Sloan and Mueller agreed that Jordan nostalgia -- referring to his legendary career with the Chicago Bulls -- played a part in the rare card’s remarkable price.
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