Monthly Auction #5
Wed, Jul 11, 2012 08:00PM EDT - Thu, Jul 26, 2012 09:25AM EDT
Lot 431
1946-47 PHILADELPHIA WARRIORS GEORGE LIPSIUS 1ST NBA CHAMPIONSHIP RING
Sold for
$13,682.40
Sold Price includes BP
Bid Increments
| Price | Bid Increment |
|---|---|
| $200 | $25 |
| $500 | $50 |
| $1,000 | $100 |
| $3,000 | $250 |
| $5,000 | $500 |
| $10,000 | $1,000 |
| $20,000 | $2,000 |
| $30,000 | $2,500 |
| $50,000 | $5,000 |
| $100,000 | $10,000 |
| $200,000 | $25,000 |
| $500,000 | $50,000 |
| $1,000,000 | $100,000 |
| $1,500,000 | $150,000 |
The 194647 BAA season was the inaugural season of the Basketball Association of America, the league that would eventually become the National Basketball Association. The league launched with 11 franchises playing a 60 game schedule. The season ended with the Philadelphia Warriors becoming the BAA's first champions, beating the Chicago Stags 4 games to 1 in the BAA Finals. Presented here is an original Philadelphia Warriors championship ring from that 1946/47 BAA title. The size "8" gold ring is cast in the shape of a basketball, with a diamond set in the center and the engraved lettering, "PHILA WARRIORS - CHAMPIONS 46-47." Located inside the band is the scripted engravingG. Lipsius", indicating it belonged to George Lipsius. Records show that George Lipsius was present at the organization meeting of the BAA at the Commodore Hotel in New York on JUNE 6, 1946 indicating he has some role in the formation of the BAA/NBA. The ring was evidently worn with pride by Lipsius for many years, yet it still presents quite well. A fine and historic piece of basketball jewelry. Size: 8.
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