Auction Action: Goldin 1992 Dream Team Elite Auction
May 24, 2023
In the summer of 1992, the world witnessed the birth of a basketball dynasty that would forever change the sport. The 1992 United States Men's Olympic Basketball Team, fondly known as the "Dream Team," assembled a roster of basketball icons that read like a Hall of Fame induction list. Comprised of legends such as Michael Jordan, Magic Johnson, Larry Bird, and many more, the Dream Team dominated the competition and left an indelible mark on the history of basketball.
In this edition of Auction Action, we preview the 1992 Dream Team Elite Auction hosted by Goldin.
Already well established as one of the game's premium talents, Michael Jordan left an indelible mark on the 1992 Dream Team with his unforgettable performances. One example of a standout moment came during the tournament's group stage when Jordan scored 30 points against Brazil, showcasing his scoring prowess in a game that ended in a 127-83 victory for the Dream Team. In the gold medal game against Croatia, Jordan scored a game-high 22 points, leading the team to a 117-85 victory and securing their place in history. No other sports team has ever dominated on the world stage quite like Team USA during the 1992 Olympics and Jordan played a crucial role in their easy path to gold. In eight games, Jordan averaged 14.9 points while playing a team-high 23 minutes per game.
This jersey, the first ever Jordan-worn Dream Team threads to be photomatched, is confirmed to have been worn during the semifinal game against Lithuania in which #23 (or #9, in this case), scored 23 points with 4 assists. Through 20 bids the price has surpassed $1.2 million with premium.
The best scorer on a team filled with the best talent in the world. With an average points-per-game total of 18, the 'Round Mound of Rebound' led all scorers on Team USA while adding averages of 4 rebounds and 3 steals.
Barkley's standout performance during the 1992 Olympics came in the quarterfinal game against Puerto Rico. In that game, Barkley exploded for 24 points, shooting an impressive 11 of 14 from the field. His dominant performance helped the Dream Team secure a 115-77 victory and advance to the semifinals.
Another notable game was the semifinal matchup against Lithuania, where Barkley once again displayed his scoring prowess. He scored a game-high 23 points, shooting 11 of 15 from the field, contributing to the Dream Team's 127-76 victory and securing their spot in the gold medal game.
At a current bid of $98,400 at the time of publication, this Barkley-worn jersey is poised to become the most expensive piece of Chuck-memorabilia ever sold at auction.
In an auction loaded with evert key piece of memorabilia from the 1992 'Dream Team', no pair of game-worn sneakers will deliver a higher price (or more publicity) than the size 13 Nike Air Jordan's. With a photomatch from Sports Investors Authentication (SIA) and an LOA from Karl Malone, Jordan's shoes are already deep into six-figures heading into the twilight of the event. While the sneakers won't deliver a sale relevant to Jordan's Flu Game shoes, they're still positioned to become yet another $150,000+ piece of MJ memorabilia.
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