More than a few folks out there will argue that Wilt Chamberlain's debut campaign currently is, and will forever be recognized a the greatest rookie season of all time. This is exactly the reason why a game-worn jersey from the Golden State Warriors legend's MVP-winning rookie year is currently being sold for an insane amount on the market.
As reported by TMZ Sports, Chamberlain's jersey set has fetched a valuation of $1.2 million. Yup, you read that right. That's how much a piece of clothing worn by one of the greatest players of all time during what is considered as one of the greatest campaigns ever is currently worth.
What's interesting here is that if you don't have a million dollars lying around but still want a piece of the action, you could actually purchase a share of the memorabilia for as low as $10. David Kohler, the man behind SCP Auctions, has come up with a unique approach in selling off certain shares of the Chamberlain jersey:
The Chamberlain uniform will hit the market on Tuesday — with an Initial Public Offering (IPO) backed by the Security and Exchange Commission.
We're told there will be 95,620 shares available for purchase at $10 a pop — and from there, you can monitor the value like you would a typical stock.
Kohler says he's retaining 25% of the jersey — which would bring the value of the item to $1.275 mil.
This unprecedented technique now allows the general public to have a piece of the pie without having to mortgage their homes. It's literally like treating the collectible like a stock. More importantly, you get to say that you are a proud (part) owner of a Wilt Chamberlain rookie year jersey.
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