Kobe's first No. 24 jersey could top $1m

🏀 Once bought for $10k, Kobe Bryant's first No. 24 jersey could now fetch $1 million

Originally sold within weeks of Kobe Bryant’s debut of his No. 24 jersey in 2006 for just $10,875 on eBay, the jersey is coming up at Sotheby’s this month with expectations to surpass $1 million.

🤑 PSA to offer cash for cards when grades revealed

PSA has expanded one of its newest marketplace features to include cash offers for cards as soon as grades are revealed.

🔥 TCG offerings blow away sports cards in August grading report

The graded TCG and non-sports card market continues to significantly outpace sports card submissions, according to new data from third-party grading tracker GemRate.

💵 Record $416 million spent on online card sales in August

Collectors spent more than $416 million on sports and trading cards online in August to set an industry record for the third consecutive month. The mark beat the previous month’s total by more than $100 million.

🤷 Get over it: The hobby has always been a business!

Our Will Stern has a bone to pick with collectors lamenting the new money coming into the hobby on the heels of the record-breaking Jordan-Bryant sale.

🔎 eBay CEO says authentication program has ’never’ passed counterfeit item

eBay has authenticated more than 15 million items, including trading cards, watches, handbags and sneakers, CEO Jamie Iannone said in a CNBC interview Wednesday. Iannone also said the program has “never” passed a counterfeit item.

Thanks for reading, we’ll see you Monday.