auction Archives - Page 4 of 6

Eminem Auctions Off One Of A Kind Item To Fans

August 11, 2023 by newhiphopnews

Auctions of celebrity memorabilia are pretty common. They’ve been making news in the hip-hop scene in recent weeks and now yet another one is under way. This time it’s Eminem whose auctioning a rare item off. The item in question is an extremely rare signed copy of the rapper’s debut album Infinite. The album originally released on vinyl in an extremely rare 500 count run. Some of the proceeds from the auction will go towards the rapper’s Marshall Mathers foundation for at-risk youth. According to All Hip Hop, Goldin, the marketplace who is selling the rare collectable, received it from Em’s longtime manager Paul Rosenberg.

The specific piece is autographed by Eminem and is a special media copy of the record which features the “8 Mile” address on the label. The auction opened up at an impressive $25k and i expected to run until September 13th. In an accompanying statement Goldin explained the meaning behind the piece and the auction. “This album represents the humble beginnings of an icon, a piece of music history and is a symbol of Eminem’s relentless rise to greatness. This valuable piece will not only enrich the collection of a fortunate buyer but also uplift the lives of those in need as a portion of the proceeds will support the Marshall Mathers Foundation in its mission providing assistance to disadvantaged and at-risk youth.”

Copy Of Eminem’s Debut Album Set For Auction

A few weeks ago a ring worn by 2pac in one of his final public appearances became the most valuable piece of hip-hop memorabilia ever sold at auction. The piece sold for an impressive $1 million in order to break that record. Fans were even more surprised a few days later when they found out it was actually Drake who purchased the ring.

A few weeks ago The New York Times did a piece celebrating the 50th anniversary of hip-hop. They recruited Eminem to tell a story about rap music that influenced him. He chose to talk about Nas’ classic debut album Illmatic and how it inspired him to continue rapping. What do you think of the price tag for a copy of Eminem’s debut album? Let us know in the comment section below.

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Cardi B’s Thrown Microphone Sells For Almost $100k At Auction

August 8, 2023 by newhiphopnews

In one of the most viral moments of the year so far, late last month Cardi B threw her microphone at a fan while on-stage. More and more details rolled out in the days following. Though Cardi had asked someone to douse her with water to fight the Las Vegas heat, the fan appears to have thrown some kind of alcohol on her. She also may not have the best aim the world, as the fan who was hit by the microphone insists that they weren’t even the one who threw the drink. It all culminated in an investigation into the incident for potential battery charges by the Vegas police department. That investigation ultimately led to no charges being filed against Cardi.

Last week, the microphone that Cardi threw popped up for sale on eBay. Cleary fans were serious about wanting the piece of Cardi B memorabilia as more than 120 bids were placed on the item. According to TMZ, what began as a mere $500 auction quickly elevated into something much more substantial. The auction wrapped up Tuesday morning revealing that the microphone sold for an astounding $99,900. The microphone was reportedly auctioned off by the production company who owns it. The company also claims that the proceeds will be donated to two charities.

Cardi B Mic Sold At Auction

Just last week Cardi B and Offset released their new collaboration “JEALOUSY.” The song played into their public roles as a couple and featured plenty of hilarious bars throughout. Offset himself recently went on Good Morning America to explain how he procured Jamie Lee Curtis’ involvement in a promotional video for the song. Turns out all it took was an Instagram follow from the rapper.

After she seemed to be teasing towards her second studio album earlier this year, information has dried up completely. As her focus seems to have shifted more towards features fans continue to wait for her to deliver more material. What do you think of the massive final price tag for the microphone thrown by Cardi B? Let us know in the comment section below.

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1972 Wilt Chamberlain Jersey Expected To Fetch $4M+ At Auction

August 2, 2023 by newhiphopnews

A 1972 Los Angeles Lakers jersey worn by Wilt Chamberlain during Game 5 of the 1972 Finals will go up for auction at Sotheby’s later this month. It is believed to be the most valuable piece of Wilt Chamberlain memorabilia to ever go up for auction, with the piece expected to sell for at least $4 million. The previous record for Wilt Chamberlain memorabilia was a rookie Wilt jersey sold in June 2023 for $1.79 million. Furthermore, that sale set the record for a game-worn, vintage (pre-1980) piece of NBA memorabilia.

“This jersey holds an extraordinarily significant place in the history of Los Angeles, not only adorned by the man many consider to be the greatest player ever to step on the court but as a relic from one of the greatest franchises in sports history,” said Brahm Wachter, Sotheby’s head of streetwear and modern collectibles. The jersey will go on public display at Sotheby’s LA gallery on August 31. It is being sold alongside a collection of magazines, newspapers, and trading cards that depict the jersey in question. Online bidding will run from August 27 to September 28.

Where Does Wilt’s $4M Jersey Rank In Jersey Sales?

Wilt Chamberlain’s jersey—worn as the @Lakers clinched their first ever title in Los Angeles—is headed to auction at #SothebysNewYork. Find out more: https://t.co/9wp9JFB75R pic.twitter.com/ma9ywVSoUK

— Sotheby’s (@Sothebys) August 2, 2023

While the jersey will set the record for Wilt Chamberlain memorabilia, where does its $4 million price tag rank among other jersey auctions? The most expensive jersey ever to sell at auction is a 1998 Michael Jordan Chicago Bulls jersey. Worn during Game 1 of the NBA Finals, the jersey sold for $10.091 million in September 2022. It’s the first, and to date only, jersey to exceed $10 million. Just behind the Jordan jersey is Diego Maradona’s “Hand of God” jersey from the 1986 World Cup. That sold for $9.28 million in May 2022.

While not as pricey as those items, the Chamberlain jersey is by no means cheap. Furthermore, there is a dedicated group of Chamberlain-specific collectors who will be very interested in the piece. As mentioned, the jersey is available for public viewing in LA until August 31. Be sure to come to HotNewHipHop next month to find out how much the jersey actually ends up going for.

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Cardi B’s Microphone From Infamous Incident Hits Auction Block

August 2, 2023 by newhiphopnews

In the aftermath of an intense interaction between Cardi B and an audience member, the microphone-turned-projectile is on eBay. The winner of this now-famous piece of equipment will have a cool backstory to tell their friends. Even better though, the proceeds are being split with two charities. Friendship Circle Las Vegas, which is where Cardi B performed, and the Wounded Warrior Project. The microphone is on eBay’s website for about a week and it currently is sitting at around $50,000.

The man responsible for this great deed is the owner of The Wave in Sin City, Scott Fisher. It is the audio production company that gave Cardi B her equipment. Fisher spoke with TMZ about the unmistakability of the mic. “It was pretty easy to track down the mic after the show because the white tape across the bottom of it says “MAIN.” His company is a large supporter of the nightclub scene in Las Vegas. If someone was looking to purchase this particular microphone, it runs the customer $1,000.

Debacle With A Happy Ending

Cardi B took the stage at Drai’s Nightclub on July 30 in blistering heat. The temperature reached 105 degrees and performing can be obviously very draining. So, it was reported by TMZ and numerous other sources that Cardi was asking fans to cool her off with water and ice during her show. One fan took that a little too aggressively and tossed her drink at the rapper. The fan filed a report for battery, but the situation now has a lighter undertone, with two charities receiving the divided final price of the mic.

The Wounded Warrior Project donates, “simple care and comfort items to the hospital bedsides of the first wounded service members returning home from the conflicts in Iraq and Afghanistan.” The other organization is Friendship Circle Las Vegas. Their mission, “provides a fully-inclusive and non-judgemental environment that nurtures relationships and helps to create lifelong friendships for individuals with disabilities.” Be sure to let us know your thoughts on this whole situation below and stay locked in with HNHH for all the latest news and updates.

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Drake Seemingly Purchased 2Pac’s $1M Crown Ring

July 28, 2023 by newhiphopnews

Earlier this month, it was announced that 2Pac’s iconic crown ring would go up for auction at Sotheby’s New York. The ring is made up of various diamonds, rubies, and 14 karat yellow gold. The late legend wore it during his last public appearance in 1996 at the MTV Video Music awards, just days before his fatal shooting. Upon news of the auction, the ring was expected to sell for between $200K-300K. It was later revealed that it sold for more than triple that estimate, $1,016,000. The sale even broke records, and the ring is now considered to be the most valuable hip hop artifact of all time.

The sale had people wondering who could have dished out that kind of cash on the ring, and it appears that they now have an answer. Drake looks to have snagged the pricey artifact, subtly flexing the news in a recent Instagram Story. He posted a photo of himself holding the ring alongside a caption about his appearance on Travis Scott’s new album. “UTOPIA OUT NOW,” he wrote, “MELTDOWN.”

Drake Flexes His New Jewelry

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Travis Scott just released UTOPIA today (July 28), following months of endless teasing and promotion. As expected, the highly-anticipated LP is packed with high-profile features, including one from the Canadian hitmaker. The album also includes Beyonce, Young Thug, Kid Cudi, SZA, and more. Drake even reignited his longstanding feud with Pusha T on “Meltdown.” Unfortunately, he also recently left some precious cargo behind at a strip club. A shot of the famous UTOPIA briefcase left forgotten in a booth at Starlet’s of New York appeared on the artist’s Instagram Story yesterday, being posed with by several dancers.

Drake’s on his “It’s All A Blur” tour alongside 21 Savage, performing in various cities across the U.S. and Canada. He’s also been teasing his upcoming album, For All The Dogs, as of late. Fans won’t have to wait much longer for the LP, as he recently revealed it’ll drop in “like, two weeks.”

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Travis Scott Shows Off $120K Louis Vuitton Trunk From Pharrell Auction

July 12, 2023 by newhiphopnews

Travis Scott recently took to Instagram to show off some pricey Louis Vuitton to his followers. In an Instagram Story posted today (July 12), he showcases a rainbow LV trunk, which he reportedly purchased at Pharrell’s auction last year. The auction featured various pieces of clothing, jewelry, and more, bringing in over $5 million. A Travis Scott fan page was able to link the trunk posted by Travis to the one auctioned by Pharrell last October. The trunk sold for $121,250.

Pharrell’s auctioned LV trunk isn’t the only notable arm candy Travis has been spotted with recently. In the past few months, Travis has been spotted various times alongside security personnel holding a briefcase labeled UTOPIA. Some fans think that the highly-anticipated upcoming album will be released later this month. Earlier this week, he announced that he’d be performing at the the pyramids in Egypt on July 28. Some believe this will also be the day that he’ll finally drop the LP.

Travis Scott Flexes His Louis Vuitton

Travis Scott ups his briefcase game with Pharrell’s $120K Louis Vuitton trunk https://t.co/52WCdDsvQr pic.twitter.com/rQ44eoY1Sm

— HipHopDX (@HipHopDX) July 12, 2023

Travis Scott has continued to tease UTOPIA, as well as the eagerly-awaited LP’s features. Previously, it was speculated that The Weeknd would appear on the album, after he shared a photo on Instagram alongside the briefcase. Recently, this news appeared to be confirmed by the co-founder of XO Records. The album is also believed to feature Young Thug, Westside Gunn, Swae Lee, and more.

Pharrell has been showing off his own Louis Vuitton lately, being photographed with a bright yellow speedy bag reportedly worth $1 million. The “millionaire speedy” is part of Pharrell’s first collection as the creative director of menswear at LV. In June, he revealed that “Every part on the bag is [gold].” “The teeth on the zipper is gold, all the hardware, every rivet. This is gold. Obviously diamonds. This chain is real. It has a real strap but you know — so be it, so be it,” he explained.. He debuted the collection last month at a runway show which was attended by countless celebrity guests.

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2Pac’s $200K Custom Crown Ring To Be Auctioned

July 6, 2023 by newhiphopnews

2Pac’s custom ring is scheduled to go up for auction later this month. The ring is comprised of gold, diamonds, and rubies, is shaped like a crown and was created in honor of his engagement to Kidada Jones. It’s estimated to bring in between $200K-300K when it goes up for auction July 18. The ring will be displayed at Sotheby’s New York from July 18-24.

2Pac wore the self-designed ring to the 1996 MTV Video Music Awards just days before he was shot. According to Sotheby’s, 2Pac typically wore the ring on his left ring finger. It will be auctioned as part of a special series in celebration of the 50th anniversary of hip hop.

The Ring Was Worn By 2Pac At His Last Public Appearance

2Pac's $200K Custom Crown Ring To Be Auctioned — Rapper Tupac Shakur performs onstage at the Palladium on July 23, 1993 in New York, New York. (Photo by Al Pereira/Michael Ochs Archives/Getty Images)

In an interview last month with The Art of Dialogue, 2Pac’s biological father Billy Garland questioned the role of the U.S. government in his son’s death. “The government gave him the deal. [2Pac] was being tailed by the government the night of his assassination. He was being tailed by the government while in the studio,” he explained, “that’s a known fact.” Garland also spoke on Dear Mama: The Saga of Afeni & Tupac Shakur, revealing that he wasn’t pleased with his interview for the docuseries.

Garland explained being talked into an interview by the director of the docuseries, Allen Hughes. “We did an interview for about two hours,” he explained. Garland continued, “After I saw the interview in the documentary, I was slightly disappointed, let’s just say that. I didn’t like it. It was more about something else, than about 2Pac, if you know what I’m saying. If I knew it was about Dear Mama I might’ve still did it, but I probably wouldn’t have. Not for nothing.” He additionally refuted claims that his son was bipolar, claiming 2Pac’s behavior was a reaction to “betrayal” he experienced throughout his life.

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Ticket From LeBron James Scoring Record Game Put Up For Auction

July 5, 2023 by newhiphopnews

A $92 ticket stub from the game in which LeBron James broke the NBA’s career scoring record has gone up for auction. LeBron broke Kareem Abdul-Jabbar’s scoring record partway through a February 7, 2023 game against the Oklahoma City Thunder. At the time of writing, LeBron holds the record with 38,652 career regular-season points. The record had stood since 1989 when Abdul-Jabbar retired with 38,387 points. In the nearly 35 years since then, the only person to come close to the record before LeBron was Karl Malone. Even then, Malone, who retired in 2004, only finished with 36,928 points.

While many felt that LeBron breaking the record, given his longevity in both pure time and playing ability, was inevitable, it was still truly a historic moment. Furthermore, many figured it was only a matter of time before collectible items hit the market. Previously, Chris Ivy, the Head of Sports Auctions at Heritage Auctions, suggested that LeBron’s game-worn jersey from that night could be worth as much as $3 million if it ever came to auction. However, the ticket stub appears to be the first collectible from the night. The ticket is not the most scarce item with nearly 19,000 people officially in attendance. However, it is still expected to go for several thousand dollars.

Healthy Market Expected For LeBron Ticket

Lebron embracing Kareem Abdul-Jabbar — LOS ANGELES, CA – FEBRUARY 07: LeBron James, right, hugs Kareem Abdul-Jabbar after becoming the all-time NBA scoring leader, passing Kareem Abdul-Jabbar at 38388 points during the third quarter against the Oklahoma City Thunder at Crypto.com Arena on Tuesday, Feb. 7, 2023 in Los Angeles, CA. (Robert Gauthier / Los Angeles Times via Getty Images)

The ticket, graded at Mint 9 by PSA, is being auctioned by the aforementioned Heritage Auctions. At the time of writing, bidding for the ticket sits at $2100. Furthermore, ticketing experts at Heritage told TMZ that they believed the ticket would sell for somewhere in the region of $5000. Despite the excellent quality of the ticket, the price will be suppressed by the potential abundance of other examples of ticketing from the event. By comparison, a badge from the 1997 Masters, signed by Tiger Woods, currently sits at $9000 on Hertiage’s website.

But where does the LeBron ticket sit in comparison to other tickets? There are a few ways to look at this. Purely in terms of tickets alone, the most expensive auction was in March 2022. A ticket from the inaugural 1934 Masters, signed by 17 of the 61 participants, sold for $600,000. It is believed to be just one of two surviving tickets in circulation. A third is held by the Augusta National Golf Club. In terms of basketball tickets, Heritage sold a season ticket from Michael Jordan’s debut for $468,000 in February 2022. While the ticket collectible market is still relatively new, scarcity is the name of the game. As mentioned, there were nearly 19,000 people inside Crypto.com Arena on the night that LeBron broke the record. With that many tickets potentially in circulation, the price will never truly skyrocket unless things drastically change.

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Jay-Z & Beyoncé’s Household Items Up For Sale On eBay: Bidet, Exterior Lights & More

June 19, 2023 by newhiphopnews

Although The Carters keep a relatively low profile, some personal items they once used have now hit the auction block. According to TMZ, a number of items, including a bidet and exterior lights, that Jay-Z and Beyonce once used in a home they rented are on eBay. Eric of Eric’s Architectural Salvage LA got his hands on several household items in a home the couple once rented and hopes to offload a few of these pieces for some big bucks.

In addition to the bidet, which is up for $2,400, and the exterior lights, Eric also has a few other items from the Carters on his eBay page. These include sconces, an arched metal door frame, and gorgeous French doors. The home in question is located in Holmby Hills, a wealthy neighborhood on the Westside of Los Angeles where celebrities like Diddy, Walt Disney, and more once lived. Jay-Z and Beyonce moved into the property in 2015, signing a one-year lease. However, once they moved out, the owners decided to sell the residence.

Jay-Z & Beyonce Items Up For Sale

Jay-Z and Beyonce perform together as The Carters at Global Citizen Festival in 2018. — JOHANNESBURG, SOUTH AFRICA – DECEMBER 02: Beyonce and Jay-Z perform during the Global Citizen Festival: Mandela 100 at FNB Stadium on December 2, 2018 in Johannesburg, South Africa. (Photo by Kevin Mazur/Getty Images for Global Citizen Festival: Mandela 100)

According to Eric, the new owners of the home wanted to give the place a complete facelift. After Jay-Z and Beyonce moved out of the home, they began a complete home renovation. Ultimately, the items, such as the bidet and French doors, landed in Eric’s possession in 2017. His company, Eric Architectural Salvage LA, frequently procures items from demolition companies and developers who would otherwise throw these pieces out. Evidently, Eric’s putting these items to good use in hopes of a massive payday.

Besides their previously owned items hitting eBay, Jay-Z and Beyonce have been holding it down in Europe on the Renaissance World tour. While Beyonce has been delivering stand out performances night after night, Hov has been spotted in the crowd practically every single night showing his support for his wife and their daughter, Blue Ivy, who has been hitting the stage, as well. We’ll keep you posted on any more updates surrounding their auctioned items.

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Young Buck’s Catalog Heads To Auction To Pay Off 50 Cent Debt

June 4, 2023 by newhiphopnews

In an attempt to pay off Young Buck’s debt, his catalog is heading to auction. Valued at over $700,000 by SongVest, the sale should help him pay off his creditors, including 50 Cent. Young Buck allegedly owes 50 Cent $250,000, for failing to deliver two albums per his G-Unit contract. The news comes amid ongoing financial struggles faced by Young Buck, who filed for bankruptcy in 2020.

Last year, 50 Cent’s legal team alleged that Young Buck was hiding assets, and attempted to recover some of the debt. They filed legal documents which stated, “By failing to disclose the Works and the Royalties, including without limitation at his meeting of creditors and in his petition and schedules, Defendant, with intent to hinder, delay, or defraud a creditor, creditors, and/or an officer of the estate, has transferred, removed, destroyed, mutilated, or concealed, or has permitted to be transferred, removed, destroyed, mutilated, or concealed his Property, within one year before the Petition Date, or property of the estate, after the Petition Date.” 50 Cent’s team also wanted the debts to be deemed as “non-dischargeable,” and additionally asked for “further relief as it deems just and proper.”

Young Buck’s Financial Struggles

Young Buck performs on stage at Chene Park on August 20, 2017 in Detroit, Michigan. (Photo by Aaron J. Thornton/Getty Images)

Young Buck later spoke on 50 Cent‘s legal filing on the It’s Tricky with Raquel Harper podcast. The rapper said, “We’re at a standstill. I’m definitely not looking to go down a whole drawn-out court situation when it all could be done on a business level.”

He went on to claim, “[50 Cent] sent cease-and-desist [letters] out to try to stop all of my music and get everything pulled down based on saying I’m still an artist on G-Unit. What I did was once [50 Cent] stopped me from being able to make money, I filed another bankruptcy.” Young Buck claimed that filing for bankruptcy “stopped [50 Cent] from being able to cease-and-desist anything.” He filed shortly after serving time in prison in 2019 for serious debt, including child support payments and outstanding debt to the IRS.

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