Wilt Chamberlain Jacket Bought for $3 Sells for $89,600 at Sotheby's
Updated
Updated · The Washington Post · Jul 21
Wilt Chamberlain Jacket Bought for $3 Sells for $89,600 at Sotheby's
1 articles · Updated · The Washington Post · Jul 21
Summary
$89,600 was the winning bid Monday for a Wilt Chamberlain warmup jacket that Portland teen Quinn Brown found this year at an Oregon thrift store for $3.
Sotheby's authenticated the jacket as one Chamberlain wore during the 1972 NBA Finals, drawing more than 45 bidders after initially valuing it at $150,000.
$70,000 was the top bid with 30 seconds left before a last-second offer pushed the sale sharply higher.
Brown, 19, said he plans a low-cost trip to Vietnam with friends and will save or invest most of the proceeds.
The jacket ties to one of Chamberlain's signature seasons: the Lakers beat the Knicks in 1972, and the Hall of Famer won Finals MVP.