Are Patrick Mahomes Football Cards a Good Investment in 2024?

By Eliud Alano April 04, 2024 13:07

Patrick Mahomes, the sensational quarterback for the Kansas City Chiefs, has taken the NFL by storm since his debut in 2017.

As a result of his meteoric rise to stardom, the market for his football cards has exploded, making collectors and investors curious about the potential value of these cards.

The Rise of Patrick Mahomes

Patrick Mahomes, the 10th overall pick by the Kansas City Chiefs in the 2017 NFL Draft, has swiftly become a dominant force in professional football.

His impressive performances have garnered widespread acclaim, leading to numerous accolades including two Super Bowl wins, two NFL MVP awards, and multiple endorsements, making him a media darling.

Understanding the Market Value

To gauge the investment potential of Patrick Mahomes football cards, it's crucial to comprehend the market value and factors contributing to their desirability.

The popularity of Mahomes' cards is evident from the record-breaking sale of his 2017 National Treasures NFL Shield Patrick Mahomes Rookie Auto for a staggering $4.3 million, making it the most expensive football card of all time.

The demand for his cards is further evidenced by the substantial increase in value of specific rookie cards, such as the 2017 Panini Prizm and the 2017 Panini Spectra, which have been priced at $6,665 and $12,575, respectively.

What Makes Mahomes' Cards Desirable?

Several factors contribute to the desirability and potential investment value of Patrick Mahomes football cards:

Limited Editions: The scarcity of certain cards, such as the 2017 National Treasures and the 2018 Panini Select Signature Memorabilia Prizm Black Parallel, with limited copies and unique features make them highly sought-after among collectors.
Autographed Cards: Cards featuring Mahomes' autograph, such as the 2017 Panini Contenders Rookie Ticket and the 2017 Panini Flawless Patrick Mahomes RA-PM RC Auto - Ruby, add significant value due to the rarity of his signature.
High-End Design: Cards with high-end designs, such as the 2017 Panini Prizm and the 2017 Panini Plates & Patches, are considered valuable due to their limited print runs and visually appealing features.

Expert Insights and Recommendations

Several industry experts have provided valuable insights and recommendations for investing in Patrick Mahomes football cards:

Invest in Reputable Grading Companies: PSA, BGS, and SGC are recommended as industry leaders to ensure the recognized value of the cards by collectors and potential buyers.
Research Before You Buy: Understanding the market value of different Mahomes cards at various grades is crucial for making informed investment decisions.
Consider the Investment Potential: High-grade Mahomes rookie cards are poised to be valuable assets for years to come, making them attractive long-term investments.

Examining Specific Mahomes Cards

2017 Panini National Treasures Auto Patch #161 /99 Rookie Card

This card has been described as a "stellar entity" and a "cornerstone card" due to its limited availability and on-card signature, making it one of the most sought-after NFL rookie cards.

2017 Panini Select Premier Level #103 & Field Level #247

The rarity and desirability of this card, particularly in mint condition, make it an attractive long-term investment, especially with its intricate designs and various parallels.

2017 Panini Contenders Optic Autograph #103 Rookie Card

This card, featuring the best part of Contenders—the on-card autograph—and limited to 300 copies or less, is a recommended investment due to its unique features and relatively affordable price compared to ultra-rare cards.

Key Considerations for Investors

When considering the investment potential of Patrick Mahomes football cards, collectors should take into account the following factors:

Scarcity and Rarity: Limited print runs, autographed editions, and unique designs significantly impact the value of these cards.
Historical Performance: Analyzing the historical performance and appreciation of similar sports cards can provide insights into potential future returns.
Market Trends: Keeping abreast of market trends, demand patterns, and the overall sports memorabilia market is essential for making informed investment decisions.

Patrick Mahomes football cards have emerged as highly desirable collectibles and investment assets, driven by the quarterback's exceptional performance and widespread popularity.

Ultimately, With the right approach and understanding of the market dynamics, Patrick Mahomes football cards can indeed be a good investment in 2024 and beyond.