Hall of Champions holds auction

November 20, 2017 by  

The Hall of Champions recently relocated from Balboa Park to the Petco Park baseball complex in downtown San Diego, and when the facility moved, some owners did not reclaim their items.

Although it was difficult, the museum made the decision to auction the collectibles in order to raise money and continue its outreach programs, and to pay management, storage, and insurance costs.

Drew Moser, the executive director of the Hall of Champions, was delighted with the results. The auction was conducted online by SCP Auctions, who reported the auction of sports memorabilia had raised a gross amount of over $837,000, which will give the museum an amount in the mid-six figures as a net gain.

The item that sold the most money was a larger-than-life-size statue of Sylvester Stallone in his iconic role as Rocky Balboa. Stallone himself commissioned the statue, which shows Rocky outside the Philadelphia Museum of Art with his arms raised, for the film ‘Rocky III’. The statue sold for $403,657.

A smaller version of the statue, standing 35 inches tall, drew more bids—38—than any other item. It sold for $25,330. Bob Breitbard, who donated both statues, is the founder of the Hall of Champions museum.

Events like this can provide publicity for an organization, and museum officials could build on this by working with brochure printers to create a booklet that explains how the event will enhance its outreach programs.