This is the kind of story that keeps thrifters digging through those racks.
A teenager in Oregon found the find of a lifetime on the rack of a local thrift shop when he picked up an official LA Lakers warmup jacket worn by the great Wilt "the Stilt" Chamberlain.
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He made quite a profit at auction.
From the AP:
The jacket was auctioned by Sotheby's, which had estimated its value between $150,000 and $250,000 before bidding closed Monday. It received a total of 48 bids, according to the auction house.
The final bid was just under $90,000. Not exactly $250,000, but not a bad return on investment for a $3 jacket!
The most valuable thing that thrifter Quinn Brown had found prior to this was a T-shirt from the record label that signed the band Nirvana.
(He sold that for $250.)
Described on Sotheby's website as an 'extraordinary piece of memorabilia,' the short-sleeved yellow warmup jacket was worn by Chamberlain during the 1972 NBA finals, in which the Los Angeles Lakers beat the New York Knicks.
What a find.
This guy should buy a lottery ticket!
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