A $12 ringside ticket stub to All-Star Wrestling at Madison Square Garden on Jan. 23, 1984, sold for $6,799 on eBay on Sunday night.
Why the big price?
It's a ticket from Hulk Hogan's first WWF title.
Just three weeks after returning to the WWF from the AWA, Hogan won his first WWF world heavyweight championship by beating the Iron Sheik.
The Sheik had been scheduled for a rematch against Bob Backlund, whom he beat for the title less than month prior, but Hogan stepped in.
After becoming the first wrestler to escape Sheik's "Camel Clutch," Hogan pinned him for the title in front of a capacity crowd of 26,292.
On that day, "Hulkamania" began.
Hogan remained the champion for more than four years. His title run came to an end in February 1988 at the hands of Andre the Giant.
PSA has graded just three tickets to the event.
_Darren Rovell is the founder of cllct and one of the country's leading reporters on the collectibles market. He previously worked for ESPN, CNBC and The Action Network.
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