Some auctions are simply bigger than others depending on the content and the "names" associated with them. The latest SCP Auctions sale had a little of both, combining some amazing artifacts and an amazing Hall of Fame basketball player – Julius Erving.
The result was a $6.5 million sale, with $3.5 million of that attributed to the personal collection of Erving. The buyer's premium was 20 percent.
Leading the way was Erving's 1974 New Jersey Nets ABA world championship ring that hit $460,741, a record for a championship ring of any kind at auction. Erving's 1983 Philadelphia 76ers championship ring stopped at $244,240. The rings kept coming with rving 1978 NBA All-Star ring fetching $238,853, 1983 All-Star ring selling for $218,977 and 1984 NBA All-Star ring also bringing $218,977. A 1976 New Jersey Nets ABA championship ring also sold for $195,396.
Erving also put his MVP trophies in the auction, with the following results:
– 1980-81 NBA MVP: $177,632
– 1975-76 ABA MVP: $173,102
– 1977 NBA All-Star Game MVP: $168,728
– 1983 NBA All-star Game MVP: $115,242
The auction included many more artifacts from Erving, including game-used jerseys, the highets of which was his final game-worn jersey from 1987 playoffs that brought $488,826.
The Erving Collection wasn't the only big-ticket attraction in the sale. The auction also featured the following top-tier items:
– Lou Gehirg 1938-39 game-used bat (final year): $403,644
– 1887 Mike "King" Kelly signed banquet program: $214,936
– Muhammad Ali fight-worn trunks from Ali/Frazier I: $173,102
– Mickey Cochrane 1934 AL MVP trophy: $125,332
– 1959 Ted Williams Boston Red Sox game-worn jersey: $77,820.
Whew, those are some amazing prices. It's not often a player of Erving's caliber sells off the amazing trophies and artifacts from a storied career, and the results showed that. The complete rundown can be found at www.scpauctions.com.