Spring Premier Auction 2016
Wed, Apr 6, 2016 08:00PM EDT - Sun, Apr 24, 2016 11:00AM EDT
Timed Auction
Lot 1063
2006 MIAMI HEAT WORLD CHAMPIONS 14K GOLD RING IN ORIGINAL BOX PRESENTED TO JAMES POSEY SR.
Sold for
$7,720.80
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 Los Angeles Lakers traded Shaquille ONeal to the Miami Heat in 2004 after a successful yet challenging eight-year ride that included three consecutive NBA titles (2000 01 and 02) to go along with consistent feuding with teammate Kobe Bryant. Heat President of basketball Operations Pat Riley and company were elated to unite the most dominant center in the game with their young shooting guard and rising star Dwyane Wade. After one season of gelling Shaq Diesel and D-Wade proved to be the perfect match in 2005-06 as they led the Heat to the franchises first ever championship. Another important piece to Miamis recipe for success that season came in the form of 6 8 James Posey. The sixth-year shooting guard played his first of two seasons in South Beach and averaged 7.2 points and 4.8 rebounds per game to help fuel the Heats charge.
This 2006 Miami Heat World Championship ring was issued to Poseys father James Posey Sr. The 14-karat white gold ring holds over 150 individually cut diamonds (approx. 6 carats total) spread out beautifully on the face and each flank. On the face is a diamond-studded basketball above a hoop and floor combo design this all laid out over a gorgeous Onyx stone. The perimeter of the face has a diamond-studded pattern spelling out WORLD CHAMPIONS and another layer of diamonds in unison just below it. One shank has POSEY 15 STRONG and FAITH plus the year 2006 with a diamond-studded crown in the middle. The other flank has the team name NBA logo FAMILY and a diamond-studded Heat logo in the middle. The name James Posey Sr. in lovely cursive and JOSTENS 14K are engraved inside the band. Rig size is 8 ¾. The ring shows minimal wear but remains in near pristine condition. The original black wooden presentation box boasts MIAMI HEAT the HEAT team logo and 2005-06 NBA CHAMPIONS across the middle.
Letter of Provenance from James Posey Sr..
Payment for your invoice must clear in full prior to shipping. All items will be shipped from SCP Auctions’ Laguna Niguel, CA office in the order that payments are received. Please allow up to three business days following clearance of payment for items to ship. All items will be shipped UPS/FedEx Ground unless you contact us to discuss an alternative shipping method. If you would like your items shipped in a different method, such as UPS/FedEx Next Day or UPSFedEx 2-Day, you must contact our Post Sale Services Manager Veronica Rodriguez by emailing customerservice@scpauctions.com to discuss alternative shipping instructions. Prior to bidding, please be aware of estimated shipping costs, especially for large or heavy lots. You may contact SCP Auctions for any shipping estimates lots you are bidding on or interested in bidding on. If you intend to pick up your items in person at the SCP Auctions office, please call us to schedule. Payment must clear prior to items being available for pick-up.
