Heritage Auctions’ Platinum Night reconfirmed its status as the hobby’s elite luxury brand this past weekend, recording twenty-eight $100,000+ results and setting numerous world records in the hobby’s first eight-figure event of 2017.
“Success breeds success and we continue to add significant players to our bidding clientele with each auction,” explained Chris Ivy, Director of Sports Auctions at Heritage. “You need a pretty deep bench to sell so many six-figure items in a single auction, and nobody works harder than we do to match elite collectibles with elite collectors.”
The great Mickey Mantle claimed the top two slots in the auction with world record results—a $660,000 price realized for a PSA NM-MT 8 example of his famous 1952 Topps rookie, and $486,000 for his 1968 jersey worn to hit his 535th home run. Babe Ruth kept the top three lots purely a Yankees affair, drawing $384,000 for his 1930-31 signed contract.
The red-hot trading card market grew even warmer in this event including:
1938 Goudey Joe DiMaggio #274 PSA Mint 9: $288,000
1975 Topps Baseball Unopened Cello Case: $114,000
Heritage further burnished its reputation as the hobby’s leading purveyor of the work of LeRoy Neiman, drawing $300,000 in bids for a pair of original works Neiman’s Arnold Palmer ($144,000) and the 1984 Los Angeles Summer Olympics ($156,000).
A pair of relics from history’s greatest daredevil Evel Knievel confirmed the 1970’s icon is still fondly remembered nearly a decade after his passing, commanding $108,000 and $78,000 for his patriotic motorcycle leathers and diamond-studded walking stick, respectively.
World records were obliterated across a wide array of sports collectibles subgenres, from Ted Williams game used bats ($180,000) to 19th century Championship awards ($132,000) to World Series press pins ($108,000) and Arnold Palmer’s 1958 Masters shoes more than quadrupled its pre-auction estimate at $66,000.
Olga Korbut Thrilled with Heritage Auction Platinum Night Sports Auction Results
Global gymnastics icon Olga Korbut offered five Olympic medals, three gold and two silver, as well as a number of other Olympic mementos to the general public as part of the world-record setting $12 million Heritage Auctions’ Platinum Night Sports Auction this past weekend. The Olympic superstar said she was thrilled with the results of the auction, in which her 32 lots sold for a total of $333,504.
“I am very pleased with the results of the Heritage Auctions Platinum Night Sports Auction. From the very beginning, offering my Olympic medals and memorabilia was never about money – it was about sharing my Olympic experiences,” Korbut said from her home in Arizona. “I have a great life in Arizona and I could not be happier. I am not in any financial crisis as has been reported by some international media outlets. Millions of people have touched these medals and I wanted to ensure that millions more could enjoy seeing them.”
Consignments for future Signature Sports Auctions
HSC specializes in rare and collectible sports cards, as well as uniforms, equipment, and related vintage sports memorabilia.
Consignments for future Signature Sports Auctions are currently being accepted. Prospective consignors or sellers of quality vintage sports cards and sports memorabilia are encouraged to contact: Chris Ivy at 800-872-6467 Ext. 1319 or email: Civy@HA.com