Muhammad Ali gloves fetch $771,696 in auction
TWO pairs of Muhammad Ali’s fight-worn boxing gloves went for a combined $771,696 in an auction that closed on Friday.
Ali wore one of the pairs in a 1964 fight against Sonny Liston and the other in a 1971 loss to Joe Frazier.
The estate of Angelo Dundee, the former three-time heavyweight champ’s trainer, sold the gloves and other memorabilia. Part of the proceeds of the memorabilia sale, which went for more than $1.3 million, will benefit the Muhammad Ali Foundation. Another portion will go for the care of Dundee’s daughter, Terri, who suffers from Multiple Sclerosis.
The two most popular items in the sale were the gloves. Ali, fighting for the heavyweight title against Liston under his birth name Cassius Clay, wore a pair of Frager gloves to stop Liston after seven rounds in Miami.
He wore Everlast gloves in his March 8, 1971, match in New York’s Madison Square Garden against Frazier, which remains the most significant bout in boxing history. Frazier won that bout, punctuating his victory by knocking Ali down in the 15th and final round.
Each pair of the gloves sold for $385,848, which according to David Kohler, the president & CEO of SCP Auctions, is a world-record price for any piece of boxing memorabilia sold at public auction.
Kohler said the winning bidder of the gloves wished to remain anonymous. Noli Cruz