Lot & Hammer

The Record · Graded · 9 August 2026

Goldin — Summer Game Used, graded

Eighteen calls, made in public before the hammer and archived the day they went up. The sale closed 8 August. Seven hit. Eleven missed. Here's every one, and what the misses are trying to tell us.

Graded against realized hammer price; Goldin adds a 22% buyer's premium on top. A call is a hit if the lot closed inside its stated band, a miss if it closed outside it — over or under. No partial credit.

Calls

18

Published before close

Hits

7

Closed inside the band

Misses

11

Nine over, two under

Hit rate

39%

Chapter one

The headline number is the least interesting thing on this page. The misses weren't random — they fell into two repeatable patterns. In this work, a structured miss is the product: it points straight at an edge.

1 · The cheap game-used sneaker is worth far more than we called it

Four pairs called in the $4–8K range closed at $14.7K, $15K, $16.1K and $24K — two to three times over. Four for four, across LeBron and Curry. The whole low-and-mid game-used sneaker tier reprices well above where we're calling it. The tier repriced. Nobody sent the people calling it a memo — us included.

2 · The market pays less for “the moment” than the head assumes

The provenance lots came in under call — a 2016 Finals Game 1 pair, a 51-point night, an MVP-season pair, all below their bands. A documented moment is a great story and a soft premium. That is not what the hobby assumes, and it's where we paid up on paper and the room didn't.

Every call, graded

LotItemClassCalled (hammer)Sold (hammer)Verdict
21LeBron James photo-matched Cleveland jersey (Jan 2017)blind$55–85K$75,000HIT
22Stephen Curry photo-matched Golden State jerseyblind$30–48K$30,031HIT
23Jalen Brunson NBA Cup Championship jerseyblind$70–110K$76,900HIT
24Patrick Ewing signed Knicks jerseyblind$14–22K$17,000HIT
84LeBron James Zoom III, matched — 47 points (2006)late$17–27K$20,000HIT
86LeBron 10 promo sample #1/1, matched & signedlate$44–65K$51,000HIT
90Michael Jordan Air Jordan XI “Space Jam”, twice-signedblind$14–22K$15,500HIT
1Michael Jordan game-used, matched, twice-signed (Dec 1995)blind$70–95K$142,000MISS ↑ over
17Michael Jordan final-season Wizards jersey, matchedrevised$45–70K$150,000MISS ↑ over
52Nikola Jokić photo-matched jersey — 35 & 13late$8–14K$16,250MISS ↑ over
88LeBron James XIX game-used sneakers, matchedblind$4–7.5K$14,750MISS ↑ over
89LeBron James XVI game-used sneakers, matchedblind$4–7.5K$15,000MISS ↑ over
91Stephen Curry game-used sneakers, matched (Nov 2014)blind$4–7K$16,100MISS ↑ over
92Stephen Curry game-used sneakers, matched (Feb 2016)blind$4.5–8K$24,001MISS ↑ over
2Curry 2016 Finals Game 1 sneakers, matched & signedlate$46–68K$28,500MISS ↓ under
85LeBron James matched, signed sneakers (Nov 2012)blind$28–42K$20,000MISS ↓ under
87Curry 51-point game-used sneakers, twice-signedlate$22–34K$16,500MISS ↓ under
480Curry 2014-15 MVP-season sneakers, twice-signedlate$6–12K$5,500MISS ↓ under

Prices are hammer; add 22% for all-in. Bands and this grading are archived at the Internet Archive.

Method, and the honest limit

Calls were published before each lot closed. Blind calls were set with no live bidding visible; late calls were made with the board in view, and they're a deliberately weaker class — ten days of bidding tells you a lot a cold call doesn't. Lot 17 is graded against the revised band, a documented self-correction; the original call would also have missed, the other way.

Eighteen calls is a small sample, and these were mostly blind — no comp model behind them. That's the point, not an excuse. A model built in a vacuum tells you what you already believe. A model built on your own graded misses tells you where you're wrong and hands you the fix. The two patterns above are hypotheses to test at the next sale, not laws. The next scorecard is where they're proven or broken — in public, same as this one.

We just captured all 563 sold lots from this sale. The tier we kept underpricing is sitting in the data now, in plain sight.