LeBron James rookie card expected to sell for over $1M in auction

A rare, autographed LeBron James rookie card is expected to go for more than $1 million dollars in an auction next week.

There were only 23 LeBron James 2003-04 Upper Deck Exquisite cards ever produced. One is slated to up on the auction block at Goldin Auctions, and bidding will begin Monday, according to TMZ Sports.

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The website called the James card -- No. 14 in the set -- “the holy grail of modern trading cards” that is considered to be “gem mint.” It has a chance to break a record set by Goldin when it sold a rare Mike Trout card for nearly $1 million.

The card, which is signed by James in blue ink, contains a piece of his jersey from his rookie season with the Cleveland Cavaliers. The card was originally sold in a pack of four that went for $125.

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“The basketball card market is on fire,” Goldin told TMZ Sports. “We expect this will surpass the record recently sent by the $922,500 Mike Trout card to become the most valuable basketball and most valuable modern card of all time.”