Thrift Store Discovery: Wilt Chamberlain Lakers Jacket Auctions for $89K

WHO:

AP - Quinn Brown is a 19-year-old from Portland, Oregon.

NY Post - The jacket was worn by Wilt Chamberlain.

ABC News Entertainment - The jacket was found by a teen named Quinn Brown.

WHAT:

Daily Mail Sports - Quinn Brown made a nearly 3-million-percent profit on his initial investment of $3.07 after selling the jacket for $89,600.

The Washington Post - More than 45 people bid on the jacket during the auction.

AP - The jacket was sold for $89,600 at auction.

AP - The jacket was described as a “short-sleeved yellow warmup jacket” on Sotheby’s website.

AP - Sotheby’s stated that “Photomatching a piece of game-worn clothing to a specific Finals series, for a player of this era, is genuinely exceptional.”

AP - The jacket was worn by Chamberlain during the 1972 NBA Finals, in which the Los Angeles Lakers beat the New York Knicks and Chamberlain was named the finals MVP.

AP - The jacket was auctioned by Sotheby’s, which had estimated its value between $150,000 and $250,000 before bidding closed.

AP - The jacket received a total of 48 bids during the auction.

AP - A game jersey worn by Chamberlain during the 1972 finals sold for $4.9 million at Sotheby’s in 2023, making it the fourth most expensive NBA jersey ever sold by the auction house.

Daily Mail Sports - Quinn Brown made a nearly 3-million-percent profit on his initial investment of $3.07 after selling the jacket for $89,600.

AP - The jacket received a total of 48 bids during the auction.

AP - Sotheby’s estimated the jacket's value between $150,000 and $250,000 before bidding closed.

AP - The jacket was described as an “extraordinary piece of memorabilia” on Sotheby’s website.

AP - The jacket was worn by Chamberlain during the 1972 NBA Finals, in which he was named the finals MVP.

AP - A game jersey worn by Chamberlain during the 1972 finals sold for $4.9 million at Sotheby’s in 2023.

NY Post - The jacket sold for $89,600 at auction.

ABC News Entertainment - The jacket could fetch more than $150,000 in an auction.

WHERE:

ABC News Entertainment - The jacket was found in an Oregon thrift store.

WHEN:

NY Post - The auction took place on a Monday.

ABC News Entertainment - The auction is closing on Monday.

HOW:

AP - After posting a photo of the jacket on social media, Sotheby’s contacted Quinn Brown about consigning the jacket to the auction house.

AP - After buying the Chamberlain jacket, Quinn Brown searched online to see if it was worth something and found a picture of Chamberlain wearing a similar jacket.

AP - Brown initially found the jacket in January while looking through a massive bin of clothes at a Goodwill store outside Portland.

NY Post - The jacket was bought at a thrift store before being sold at auction.

Quinn Brown has made headlines after turning an initial investment of just $3.07 into an astonishing profit of nearly three million percent by selling a jacket for $89,600. The auction attracted significant attention, with more than 45 bidders vying for the unique item. This remarkable sale highlights the growing trend of high-value collectibles in the auction market.