Let the bidding begin

Online bidding for Barry Bonds' record-tying and –breaking home-run balls begins today, as Sotheby's and SoCal-based SCP Auctions ramp up for the mid-September sale. I don't happen to have an extra half million dollars lying around to bid on the #756 ball, but there's no shortage of amazing stuff to be found in the lavishly-illustrated catalogue (viewable online here). Like, the Lakers' 1986-87 championship banner that once hung in the Fabulous Forum (minimum bid: $5,000) and the retired #22 jersey of Elgin Baylor that also hung in the Forum (minimum bid: $3,000). Proceeds from the sale of these two items will benefit the Lakers Youth Foundation. Of course, you can also buy a pair of Phil Jackson's game-worn shorts from the 1970s, when he was playing for the Knicks (minimum bid: $100). And, boy, those were some short shorts.

SCP Auctions has emerged as one of the top companies in the ultra competitive sports-memorabilia field. The president of SCP, David Kohler, is himself a major collector; at his Orange County home, he's amassed what many consider to be the greatest individual collection of Lakers memorabilia. Last February, he and a partner bought, for a cool $2.35 million, the famous T206 Honus Wagner tobacco card.

August 28, 2007 9:46 AM • Native Intelligence • Email the editor
 

© 2003-2008   •  About LA Observed  •  Contact the editor
LA Biz Observed
4:26 PM Wed | The deal with five major banks would be worth as much as $25 billion.
Native Intelligence
Judy Graeme | How is it that until about a week ago I'd never heard of the surrealist photographer Francesca Woodman? We even went to the same school.
Phil Wallace | Seventeen years after the Rams and Raiders left town, neither team is better off. Now both are threatening to move back.
Bill Boyarsky
Parents have won partial restoration of federal poverty funds for 23 schools in the San Fernando Valley and the Westside. Many of the schools are in middle class neighborhoods but have substantial numbers of poor students.
Jenny Burman
Elvis on the Avenue.
Here in Malibu
On the Paradise Cove pier.