Upper Deck made its name in 1989 as the company that brought anti-counterfeiting holograms to trading cards, and by the early 1990s it was building that same technology into standalone hologram sets. This is card #4 from the 1992–93 Upper Deck MVP Holograms — a 38-card boxed set honoring each NBA team’s MVP (cards 1–27) plus nine ‘Future MVPs,’ with roughly 138,000 individually numbered sets produced and sold only through hobby dealers and select retail beginning in May 1993. Jordan, fittingly, is card #4, the Bulls’ ‘Team MVP.’ The front is the draw: a color, cut-out action photo of Jordan rising for a shot, mouth open in full effort and his sneakers cleanly in frame, set over a holographic inset and a background of gray, black and Bulls-red geometric shapes, with ‘MICHAEL JORDAN / TEAM MVP’ across the bottom.
The back, © 1993 and printed in the USA, calls him a three-time regular-season MVP and runs through the highlights — his 69-point Bulls single-game record and the back-to-back championships of 1991 and 1992. It shares its DNA with the other Upper Deck hologram pieces in the collection: the same maker, the same foil-hologram technology, here applied to an early-’90s peak-Jordan action image. That hologram surface is also why gem copies are so scarce — the holographic stock scuffs and shows handling, and the set was never heavily graded to begin with. Of 1,357 copies graded across all grades, only 23 have reached PSA 10 — a 1.69 percent gem rate.