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IN BRIEF

One of the most iconic and hotly desired modern day trading cards in the world, the tri-panel, perforated 1980 Topps production is an instantly recognizable slice of basketball card history. This key rookie card of two of the greatest and most popular players in NBA history, Larry Bird and Magic Johnson, also features NBA Hall of Famer Julius Erving. One of only 24 PSA Gem Mint 10’s in the world. UPDATE: Collectable shareholders received and accepted a buy-out offer on this asset for $720,000, a record breaking price for a PSA 10. Collectable IPO’d this asset 4 months earlier for $352,000. 62% of pro rata shareholders voted to accept the offer.

THE ATHLETE

● Earvin “Magic” Johnson is considered one of the best players and playmakers in NBA history and credited with redefining the point guard role. Renowned for his dazzling skillset, “Showtime” style, ability to play all five positions, and larger than life persona. A 5x NBA champion, 3x NBA MVP, 12x All Star, 9x NBA All-First team, and 2x Hall of Fame inductee. Magic’s extraordinary life as a champion athlete, passionate activist and highly successful entrepreneur is one for the record books.
● Larry Bird, nicknamed “Larry Legend”, is considered one of the best small forwards in NBA history. Renowned for his mastery of the fundamentals, clutch shooting, toughness, and all-around game. A 12x All-Star, 3x MVP, 3x NBA Champion, and 9x All-NBA First Team selection, and first ballot NBA Hall of Famer. Bird is the only person in NBA history to be named Rookie of the Year, Most Valuable Player, NBA Finals MVP, All Star MVP, Coach of the Year, and Executive of the Year.
● Julius Erving, nicknamed “Dr. J”, dazzled hoops fans during his 16 scintillating seasons in both the ABA and NBA. Renowned for his acrobatic dunks, aggressive style of play, and fierce all-around ability. A 4x MVP, 3x ABA champion, 1x NBA Champion, and 5x All-NBA First Team. Dr. J’s style and grace both on and off the court make him an American treasure.

THE OFFERING

Collectable shareholders received and accepted a buy-out offer on this Magic/Bird/Dr.J 1980 Scoring Leader for $720,000, a record breaking price for a PSA 10. The asset was offered on Collectable for $352,000 four months earlier. 62% of shareholders, on a pro rata basis, voted to accept this offer.
The card is graded a Gem Mint 10 by PSA, sports collectibles leading grading company.
According to PSA Pop Reports, there are only 24 PSA Gem Mint 10’s in the world out of the 8,329 graded Bird/Magic/Erving cards in circulation. In other words, PSA 10’s represent 0.29% of the population report - highly rare.
Amazingly, the card features three NBA Hall of Famers: Magic Johnson and Larry Bird bookend the design, with Julius Erving occupying the middle panel. This card serves as the key rookie card for Magic and Bird.
The 1980-81 Topps basketball cards are perforated with three panels, which were intended to allow for separating the three individual players into smaller collectibles. Of course, most collectors immediately split the cards upon opening their pack. The fact that this card was left in tact and features 3 Hall of Famers gives it a tremendous amount of value, scarcity, and collectibility.
The 1980 Topps perforated design is notorious for having black print defects scattered across the front and is fairly difficult to find perfectly centered - adding to the rarity of a PSA 10.
Many consider Larry Bird and Magic Johnson to be the most iconic and influential basketball players of the 1980’s decade, similar to Michael Jordan in the 1990’s. During a time when the NBA’s fan base was fading and the league struggled for viewership, Bird and Magic infused a coast-to-coast rivalry that captivated audiences and revived interest throughout the country.
Magic and Bird’s intense, bitter rivalry morphed into a close and unlikely friendship when the two were called upon to shoot a shoe commercial together, a relationship that has been well documented.
Each investor is limited to purchasing 20% of the total offering, or 880 shares, for the initial 24 hours after the offering goes live.
SHARE PRICE
$80.00
MARKET CAP
$720,000
OFFERING SUMMARY
$351,840
$352,000
INVESTED
100.0%
INVESTORS
150
FINANCIALS
Price per share
$80.00
Number of shares available
4,400
Market cap
$352,000.00
DOCUMENTS
Legal

Bird | Dr. J | Magic
'80 Topps Scoring Leader PSA 10

Exited for $720,000 +104.5%
BUY SHARES
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