Luka Doncic card spurs business analyst to question authenticity around $4,700,000 sale

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Business analyst questioned authenticity around Luka Doncic's $4,700,000 rookie card sale [Picture Credit: Getty]

As the sales for memoribilia rise, there is also a rise in questioning around the authencity of these sales.

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On Sunday, October 12th, Luka Doncic's rookie card was sold for a record-breaking price in a private sale. According to Bolillo Lajan San, the raw grade "Luka Doncic Flawless Rookie Logoman Auto 1/1" was sold for an eye-watering $4.7 million. The most any Luka card has sold for.

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Shortly after the news of the sale spread on X.com, questions around its transparency started to circulate on the internet.

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Business analyst, Darren Rovell, raised questions about the transparency around the sale of the card. He alluded to a massive $2 million increase in the price.

In his tweet, he extrapolated:

"Question: So I believe the last known owner of this card was Shyne, who is one of three principals of Secure."
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"Did Secure sell it to themselves for $4M+? The last known offer on this card was in the $2M range."
"Can we get some attempt at transparency? Team Secure, I'm here to chat."
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Rovell later clarified that Shyne wasn't the known owner of the card.

However, this was not the first time the Lakers star's name was in the news. In 2021, Luka Doncic's 2018 Panini National Treasures 1 of 1 Logoman Autograph card was sold for $4.6 million. In November 2022, his 2018-19 National Treasures RPA Logoman card set a new record after being sold for $3.12 million. It was the highest ever paid card at a public auction.

The question of authenticity behind the news is alarming. Yet, no one has come out and responded.

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Luka Doncic sends big message to Lakers after LeBron James news

With LeBron James out for at least four weeks with sciatica in his right glute, a big part of the responsibility to carry the load falls on Luka Doncic. Without James, who is still one of the best players in the league, the Lakers' offense is expected to receive a setback.

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However, Doncic was focused on starting the season on a strong note. According to ESPN's Dave McMenamin, while it did affect his team, Doncic wanted his teammates to go ahead with the 'next man up' mentality.

"It's a big change," Doncic said about James' injury. "He's a great player. He can help us a lot, but at the end of the day, our mentality needs to be 'next man up.' We got a group of guys that have been practicing, and hopefully, LeBron can join us as soon as possible. We are going to, obviously, need him, but our mentality has got to be 'next man up.'"

Even without LeBron James, with Doncic, the Lakers have a decent lineup to win games. Marcus Smart and Deandre Ayton's additions can help them both on defense and rebounding. Moreover, there is already a very high expectation that Austin Reaves will take the next big step in his game this season.

Los Angeles Lakers Fan? Check out the latest Lakers depth chart, schedule, and roster updates all in one place.

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Edited by Nandjee Ranjan
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