1994 Hoops Magic Johnson #296

1994 Hoops Magic Johnson #296 value & prices

The 1994 Hoops Magic Johnson #296 is a Basketball card released in 1994. Ungraded copies carry a market value of about $1.69.

An ungraded copy is worth around $1.69, a PSA 9 around $5.00, a PSA 10 (Gem Mint) around $84.75 and a pristine BGS 10 around $110.00. That's roughly a 50× premium for a gem-mint copy over raw — one of the clearest signals that condition-sensitive buyers dominate this card's market.

Is it worth grading?

With raw copies near $1.69 and top grades reaching $84.75, grading a sharp copy of this card can clearly pay for itself — the spread comfortably covers a typical ~$25.00 grading fee. The catch: only submit copies with strong centering, clean corners, and unmarked surfaces, because anything below a 9 usually erases the math.