Michael Jordan 2006 Exquisite Collection Base 23/225 Jersey Number PSA 5
Main reasons to invest
Return Potentialš: An investment of ā¬500 could reach an estimated value of ā¬1,669 in 5 years.
Cost-to-Return Ratioāļø: With just 2.1% annual total costs (September releases with no exit fees), your net profit could be 27.3% per year.
The Pinnacle of Jordan Base Cards š: Owning the 23/225 Exquisite Jordan is like holding a signed masterpieceāexcept rarer. Only one other exists, and itās essentially off-market. For true collectors, this card combines GOAT status, the best brand, and jersey-number magic into an unparalleled grail. A black pinstripe Jordan, in the true base, with the ā23āānothing compares.
Description
Metric | Value |
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Investment Horizon | 3ā5 Years |
Expected CAGR (Balanced) | 27.3% p.a. after fees |
Ambitious CAGR | 37.0% p.a. after fees |
Entry Discount | 6.3% below fair market value (pre-fees) |
Sharpe Ratio | 1.01 (vs. SMI: 0.61) |
Value at Risk (VaR) | 95% chance to exceed ā¬103,700 (after 5 years) |
Standard Deviation | 27.0% |
Risk Rating | B (8.4/10 ā Moderate Risk) |
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3ā5 Year Horizon: Positioned to benefit from peak collector demand and increasing scarcity across ultra-rare Exquisite-era Jordan cards.
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27.3% CAGR (Balanced): Based on 75% probability of achieving the historical return from Jan 2020 to Aug 2025, using the CardLadder Jordan index.
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37.0% CAGR (Optimistic): Reflects potential upside if market momentum for Jordanās Exquisite cards continues or accelerates.
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~6.3% Discount to Fair Value: Offered at ā¬90,000 vs. benchmark fair value of ā¬96,012 (before fees), based on a conservatively adjusted comp.
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Sharpe Ratio of 1.01: Significantly outperforms traditional markets (e.g., SMI at 0.61), reflecting strong risk-adjusted return potential.
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95% VaR Threshold: Model suggests a 95% probability that the card will exceed ā¬103,700 in value after 5 yearsāindicating robust downside protection.
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Standard Deviation (27.0%): Moderate volatility relative to the collectible card market, based on broader Jordan index data.
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Risk Rating āBā: Balanced profile for high-end collectibles, with a strong combination of rarity, comp validation, and return expectation.
We will manage the exit strategy in collaboration with our expert K3Y Asset on behalf of our investors, ensuring the best possible outcome based on market conditions at the time. Depending on the prevailing market situation, the card will be sold to a private collector or offered at an auction. An auction is considered if the price has developed to the point where the minimum bid matches the market value and there is high demand for works by the artist. Both options are carefully considered, and we will choose the one that maximizes the return for our investors.
Sports cards are an asset class that has enjoyed one of the highest multipliers in growth over the last 5 to 15 years among alternative investment vehicles. Sports cards have strong fundamentals in bringing high-valued licenses, age-tested brands, universal passion for sports, and transcendent talents together in innovative concepts.
The 2006 Michael Jordan Exquisite Base 23/225 (PSA 5) belongs to an ultra-exclusive group: only seven ātrue baseā cards with Jordanās jersey number (23/225) exist across all Exquisite NBA sets. Within the collecting hierarchy, this tier sits just below the Base 1/1 and Auto Patch 1/1 cards, often commanding prices in the six-to-seven-figure range. This cardās significance lies not just in its rarity, but in what it represents to top Exquisite collectors: the purest base expression of the GOAT, with the most prestigious serial number possible.
The Exquisite brand is the first true ultra-premium product in the hobby, boasting one of the highest market caps and the current record-breaking $12.9M Jordan/Kobe sale. Base cards anchor the collecting landscapeācomparable to PMGs or Prizm Goldsāand within that, jersey-numbered cards hold near-mythical status. The offered card showcases Jordan in his iconic black pinstripe jersey, one of only two such cards across all Exquisite base sets.
Notably, only two of these seven jersey-numbered cards have ever surfaced. The other known 23/225 card is also PSA 5 and conservatively estimated at $162k+āthough the owner reportedly wouldn't sell for under $1M. This makes the current offering the only accessible copy of one of Jordan's most important base cards in the market today.
Top collectors often prioritize special-numbered sets over even high grades, confirming that condition is secondary when the configuration is this iconic. With a validated comp structure, prestigious brand lineage, and a conservative valuation approach, this card offers a logical, collector-proven path into the top echelon of sports cards.
This is not just another Jordan cardāitās a top 7 Jordan grail with the rarest and most chased parallel. Backed by deep comps, robust historical data, and a fair valuation, it offers strong upside with limited downside.
Expert

K3Y Asset is a hobby platform to tell stories in the hobby of card collecting in proper contexts and often in parallel to sports history and moments, while unlocking desirable attributes from key sports cards to elevate them into long term desirable assets.