From Grey Flannel Auctions:
On May 14, Grey Flannel Auctions, the Long Island company that serves as official authenticator for both the Naismith Memorial Hall of Fame and Major League Baseball Players Alumni Association, broke its own record*** for highest auction price ever paid for a basketball jersey. An iconic jersey worn by Julius "Dr. J" Erving during the first-ever half-time Slam Dunk Contest in 1976 soared to a closing price of $188,321 in the 1,000-lot, $1.73 million auction.
**LOA - Letter of Authenticity
On May 14, Grey Flannel Auctions, the Long Island company that serves as official authenticator for both the Naismith Memorial Hall of Fame and Major League Baseball Players Alumni Association, broke its own record*** for highest auction price ever paid for a basketball jersey. An iconic jersey worn by Julius "Dr. J" Erving during the first-ever half-time Slam Dunk Contest in 1976 soared to a closing price of $188,321 in the 1,000-lot, $1.73 million auction.
- Auction House: Grey Flannel Auctions
- Sold Price: $188,321*
- Date Sold: May 2008
**LOA - Letter of Authenticity
*** "The previous auction record for a game-worn basketball uniform, also held by Grey Flannel, was for a different Dr. J jersey," said the auction company's president, Richard E. Russek. "It was an ABA New York Nets home jersey, which we sold for $141,927 at the 2006 Basketball Hall of Fame Auction."
Courtesy of Grey Flannel Auctions