Why are collectors bidding this high for this particular copy?

The first 2025-26 Topps Basketball Black 201 Cooper Flagg [RC] has been listed on a popular auction website on October 21, 2025, with a starting bid of $0.99.

This parallel, which is serial numbered to 68, is exclusive to hobby configurations. The odds of pulling this parallel in a standard hobby pack are 1:251, and 1:64 for jumbo packs.

Bids for this card are currently at $526 with three days left to bid! This is an unexpected price considering this particular copy has whitening on all four corners and throughout its edges.

Many rarer parallels would better justify this particular price point, such as the Black Holo Foil (numbered to 10), Black Rainbow (numbered to 10), Red Holo Foil (numbered to 5, and Red Rainbow (numbered to 5).

Update (October 24, 2025): Another copy of this card was listed for nearly $2,000. I doubt that anyone will purchase this copy before the auction for the other copy ends.

Update (October 25, 2025): The second copy of this card that was listed for sale has sold for an undisclosed price. While we won't know the exact price, a quick search on the master list revealed that it sold for over $1,300. This is more than a Season Tip Off Gold Foilboard serial numbered to 50.

Update (October 28, 2025): Bids for the copy that was listed on October 21, 2025, reached $986.00.