05/08/2021 | Press release | Distributed by Public on 05/08/2021 10:28
Press Release - May 8, 2021
Early Saturday morning, No. 23's Carolina Blue-and-white jersey from the 1982-83 season sold for $1,380,000 during the second night of Heritage Auctions' May 6-8 Spring Sports Catalog Auction. That's the highest price ever paid for a Jordan jersey, smashing the previous world record set in October, when Heritage Auctions sold a complete, photo-matched Jordan-worn Chicago Bulls uniform from the 1986-87 season for $480,000.
'Over the last year Heritage has set dozens of world records in the red-hot Michael Jordan collectibles market, and now we're extremely proud to have shattered the records for a Jordan game-worn jersey,' says Chris Ivy, Director of Sports Auctions. 'As the final price tag proves, this jersey has everything any serious collector could possibly want.'
This jersey, in fact, is the very one Jordan sports on the cover of The Sporting News issue that proclaimed him the NCAA Player of the Year. It would be the first of countless accolades to follow that title-winning season, made possible when Jordan hit that jumper with 17 seconds left to secure his Tar Heels the historic win over Georgetown. That was when a lanky freshman named Mike Jordan became Michael Jordan - the very moment, Jordan later told Craig Sager, 'that started my career.'
In 2021, this jersey is arguably the most significant Jordan artifact to reach auction - and photo-matched to boot. But in 1983, it was just a sweat-drenched uniform traded among team managers after a Stanford-North Carolina game during the Stanford Invitational tournament at Maples Pavilion.
It first sold at auction in 1999 for a then-record price of $63,500. Ivy expected the jersey to sell for $1 million - or more - in the May 6-8 auction. But like the UNC fight song says: All hail to colors white and blue.
Says Ivy of the newest record-setting Jordan jersey, 'It simply doesn't get any better than this.'
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.
Robert Wilonsky, Director, Corporate Communications
214-409-1887; [email protected]