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Rashaan Salaam is auctioning off his Heisman ring75

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View CFB_Observer's profile. CFB_Observer mail Quote this postPlus 1 0
Interesting piece of history right there.

"Colorado's only Heisman winner is auctioning off some of that memorabilia.Rashaan Salaam, who set a CU record by rushing for 2,055 yards and 24 touchdowns in 1994, is auctioning off his Heisman Trophy ring.Yep, Heisman Trophy winners get rings in addition to a bronze statue.The gold ring is size 11.5 and contains more than 20 diamonds for 1.5 carats. The ring is missing a diamond in the upper left..."

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View mikew's profile. mikew mail Quote this postPlus 1 0
"The current bid stands at $1,000 and the auction ends Aug. 9." However the article that the Yahoo news item links to states, "it is estimated to sell at a price between $15,000 and $25,000."

I wonder how much bidders will attribute intrinsic value to the ring in the same way that some people value items worn by or that belong to celebrities. (E.g., Princess Diana's dress, J.F.K.'s tape measure. etc.)
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