Ichiro Suzuki Rookie: What Is The Value of “Once In A Lifetime Cards?"
First off let’s address the question, “what are once in a lifetime cards?” Simply put, they are cards that were once available in packs, but aren’t any more, cards that you could hope to get only during a very small period of time... and redemption cards fit perfectly in this category.
This post will include:
- About the Ichiro Suzuki Rookie Card
- Key Points of Value
- So How Much is the Ichiro Suzuki Rookie Card Worth?
Perhaps one of the most (if not the most) intriguing redemption card to consider, at least in the collectible baseball card world, is that of Ichiro Suzuki. The 2001 Bowman Chrome Ichiro Suzuki Gold Refractor #351 to be exact.
But why is this card worth talking about? Well…it may be worth multiple 6 figures but nobody is really talking about it… because it's rare and most people have never seen it. Let’s take a look at some card facts.
About the Ichiro Suzuki Rookie Card
To begin with, Ichiro was an immediate and iconic baseball star. Bowman Chrome caught on to this early on, and decided to create a very limited "parallel" card called a Gold Refractor. This card was limited from the very start with only 99 copies ever being printed.
Of the 99 tribute cards, 50 were made in English and 49 in Japanese. Furthermore, these weren't released as "cards you'd find by opening a pack." While you could open a pack and ultimately get this card, you would only find it as a redemption card, meaning you literally got an "I-O-U" for the card. In that case, if you actually opened a pack containing this "redemption card," you would have to submit it for redemption.
...and here lay the next point. The deadline to send these cards in for redemption was June 30th, 2003. So if you opened up a pack today and found a redemption card, you can no longer get the card.
Thus, an iconic player, who had a scarce card, was made even scarcer to accommodate his global fan base, and on top of all that came with an actual deadline for finding it. These points were visible to anyone who looked for them, but almost no one did. This is a very big deal because at the time, it was something that could be easily overlooked. But... as the old cliché goes, hindsight is always 20/20.
Key Points of Value
So now what? The redemption period ended years ago. Whatever currently exists circulating in the market, or buried in a box in someone’s attic, is all that will ever exist. It can no longer be found in a pack.
We have established that the card is extremely rare, but rarity and demand are only 2 pieces of the value puzzle, what is the third?
Finding a Gem Mint Gold Refractor, one in PSA 10 condition is very rare; almost impossible actually. In fact, there has only been 1 Gold Japanese Refractor that has ever received a PSA 10 grading.
Now fast forward 20 years and Ichiro’s global appeal has only grown in both in the US and in Japan, thus demand for his collectibles are not just in North America, they extend globally to Asia as well.
How Much is This Ichiro Suzuki Rookie Card Worth?
Well considering there is only 1 PSA 10 card that exists today, there is no definitive price, but there are a lot of correlating data points to help us value it.
First, let’s look at some other baseball rookie cards for comparison:
2009 Bowman Chrome Mike Trout Autographed Red Refractor in 2020 sold for over $900,000 in BGS 9.5 condition. It had a print run of 5. A quick review of the Beckett database shows all 5 in BGS 9.5 condition.
2001 Bowman Chrome Autographed Refractor Albert Pujols PSA 10: There were only 500 of this card ever printed, and to date only 7 have been officially graded as PSA 10s. Available only as a redemption card (also expired in 2003), this rookie card last sold for $168,000 in December 2020.
1993 SP Derek Jeter PSA 10 rookie card: Only 22 have been officially graded as PSA 10s. The card sold for $180,000 in Jan 2020.
1996 Score Certified Gold Derek Jeter PSA 10 rookie card: Only 30 were ever printed, and only 2 have ever been graded as a PSA 10. This card sold for $202,000 in October of 2019.
With Ichiro’s rookie card card arguably being rarer than those above, it would be safe to say that its real value is easily cemented in the 6 figure range. Let's try to ball park a price for it based on the comparison's above.
* Only 49 Bowman Chrome Gold Japanese Ichiro's were made. That compares closest to Derek Jeter's Certified Gold
* Very subjective as each of the above are super popular players but Ichiro has rabid fan bases in 2 countries
* All of the above are in exceptional condition
* There is 1 PSA 10 and no BGS 10s. The Certified Gold Jeter comps well (only 2 PSA 10s) against this.
* Right now, Ichiro is retired and out of the spot light while Pujols and Trout are still active. However, he should be going into the Hall of Fame in 2025. Thus, the interest in this card may fly under the radar until it gets closer to that vote.
Thus, what might this be worth? Perhaps the floor for this card is the PSA 10 Certified Gold Jeter and where it goes from there is left to the market.
Finite supply, exceptional condition, and increasing demand can only drive the value of this item up. All the signs pointed to this card being "valuable" back in 2001 and probably could have been purchased for in the hundreds of dollar range. Today, this card's value will be in the hundreds of thousands of dollar range.
The takeaway from this story might be that valuable cards are all around us... if... we know what to look for.
So what are your thoughts? Do you agree with our breakdown? What other redemption cards do you think are worth 6 figures? Let us know in the comments below!
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