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Press Release - August 23, 2021
Magic Johnson's Jersey Worn During Lakers' Legendary 1980 NBA Finals Win Scores $1.5 Million
|Ruth and Rose bats, Jordan Nikes and Manning's rookie jersey were big winners in Heritage Auctions' $25-million Summer Platinum Night Sports Auction
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A signed jersey worn by Earvin "Magic" Johnson during one of the greatest games in his storied career as a Los Angeles Laker sold early Sunday morning for $1.5 million at Heritage Auctions. The jersey was worn that magical May 1980 night in Philadelphia, when Johnson racked up 42 points, 15 rebounds and seven assists to lead the Lakers to the team's first title since 1972. Fittingly it's now one of most valuable NBA jerseys of all time.
Not surprisingly, Johnson's jersey also led the field in Heritage's all-star-studded two-night Summer Platinum Night Sports Auction, which closed early Monday morning and saw 2,600 bidders drive the event's final tally to more than $25 million. And four of the event's top five items were historic artifacts signed and used by fabled names, proving collectors still seek sports' true one-of-ones in addition to the cherished, and increasingly valuable, cards bearing their images.
In fact, a pair of iconic Nikes signed by Michael Jordan tied the record for the highest price ever paid for his game-worn sneakers set only last year.
"The auction was a success across the board, with incredibly strong results for our consignors as many new records were being set well into Monday morning," says Chris Ivy, founder and president of Heritage Sports. "One of the most exciting things about this event was the significant number of new bidders, who helped prove that the sports collectibles market remains extraordinarily healthy."
Johnson's inscribed jersey was photo-matched to that title game, during which he played every position — including center in the absence of an injured Kareem Abdul-Jabbar. But its history extends far beyond that one magical moment: MeiGray and Resolution Photomatching also found Johnson wore the jersey again during the 1984 NBA Finals loss to the Boston Celtics.
Joining the man called Magic at the top of the two-day event's results was the ballplayer named Babe.
A 1920 Babe Ruth game-used and signed bat sold this weekend for $870,000, its price tag befitting its place in baseball history. This Hillerich & Bradsby Ruth model is the earliest known signed Ruth gamer to ever appear at auction; that it dates to his then-record-shattering 54-home-run season only cements its legend.
But the bat, too, is signed "To My Friend Eddie Maier From 'Babe' Ruth, 1920," linking this lumber to one of the first collectors of game-used bats: Eddie Maier, at the time president of the Vernon Tigers of the Pacific Coast League. This was a prized piece among Maier's vaunted collection that included autographed bats used by the likes of Joe Jackson, Tris Speaker and Napoleon Lajoie. A century later, another collector swung for the fences to collect this Ruth trophy.
Michael Jordan, too, wouldn't be denied his place in the auction's top five, as a pair of Air Jordan 1s worn in 1985 and signed six years later sold for $615,000, trying a record for Jordan gamers set exactly one year ago. What made these sneakers so special was the fact Jordan signed both shoes on network television just hours before the Bulls claimed their first NBA title.
The Atlanta Braves jersey Hank Aaron wore when he collected his 3,000th hit on May 17, 1970 — against the Cincinnati Reds in front of a record crowd — sold this weekend for $540,000. Bidding for that significant autographed and photo-matched jersey extended into the wee small hours of Sunday morning, helping it to shatter the record of $138,000 paid for an Aaron jersey in 2019.
Another record set this weekend was the $348,000 paid for a 1998 Peyton Manning game-worn Indianapolis Colts jersey, which was photo-matched to his very first NFL game, when Manning squared off against Dan Marino at the RCA Dome. This was, by far, the most ever paid for Manning memorabilia, and a Nov. 17, 1998, letter from the quarterback further confirms its place in history. Manning wore this top while going 21-for-37 for 302 yards in the first of the 293 games played during his Hall of Fame career.
Cards, too, continued to soar in this auction, as bidders vied for some of the best-known examples of some of the most iconic cardboard in history.
Look no further than the 1957 Topps Bill Russell rookie card, graded PSA NM-MT+ 8.5, which sold this weekend for $630,000 to exceed its pre-auction estimate. Or the 1910 Old Mill Series 8 Joe Jackson, graded SGC VG 3, which likewise surpassed expectations to realize $540,000. Or the 1939 Play Ball Ted Williams rookie card, graded PSA Mint 9, which sold for $480,000.
But it was memorabilia that hit it out of the park over the two-day event. That includes the finest-known baseball to bear the signatures of both Joe DiMaggio and his then-wife Marilyn Monroe, which was acquired by a New York-area news photographer in the early 1960s as the couple were vacationing in Florida during spring training. So extraordinary is this keepsake that in 1989, there was a two-page story in Newsday about its provenance.
Its new owner paid $384,000 for the ball — and the amazing story that goes with it.
Heritage Auctions is the largest fine art and collectibles auction house founded in the United States, and the world's largest collectibles auctioneer. Heritage maintains offices in New York, Dallas, Beverly Hills, San Francisco, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong.
Heritage also enjoys the highest online traffic and dollar volume of any auction house on earth (source: SimilarWeb and Hiscox Report). The Internet's most popular auction-house website, HA.com, has more than 1,400,000 registered bidder-members and searchable free archives of five million past auction records with prices realized, descriptions and enlargeable photos. Reproduction rights routinely granted to media for photo credit.
For breaking stories, follow us: HA.com/Facebook and HA.com/Twitter. Link to this release or view prior press releases.
Robert Wilonsky, Communications Director
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