Since the launch of Sotheby’s fixed-price marketplace for NBA game-worn jerseys last week, 10 of the 72 jerseys from the first "Sharp Shooters" drop have sold.
The most expensive lot to sell was an Anthony Edwards jersey from an October 2022 game for $20,000, followed by a Luka Dončić jersey for $15,000 and Jalen Williams for $5,000.
All of the remaining sales were for jerseys priced at $2,500 or less.
Still up for sale one week into the drop — which marks an inflection point in the market for game-worn memorabilia via an unprecedented influx of supply — are three of the five most expensive jerseys.
That includes a Steph Curry jersey from a February 2024 game ($20,000), a Kevin Durant jersey from a November 2022 game ($7,500) and a Devin Booker jersey from a December 2023 game ($7,000).
Despite 62 of the jerseys from the original drop remaining unsold on the marketplace, Sotheby’s has proceeded with its second planned drop Wednesday, listing 76 additional jerseys for sale in its “High Flyers Collection.”
The latest collection includes a second Edwards jersey ($20,000) as well as pieces worn by Giannis Antetokounmpo ($12,000), Jayson Tatum ($10,000) and Ja Morant ($10,000).
With a total of more than 130 jerseys now available for purchase and the auction house’s plans to offer biweekly drops on a consistent basis, amounting to around 150 new jerseys each month, the market for game-worn memorabilia will face a major test.
Results after week one suggest a lack of sufficient demand to match new supply, though it remains early to pass judgement.
Will Stern is a reporter and editor for cllct.