Muhammad Ali sketches fetch knockout prices at NY auction
Bonhams auctioneers said that 26 art works by Ali sold for a total of $945,524, more than three times the lower end of estimates
A boxing sketch in felt pen by the late Muhammad Ali sold for more than $425,000 at an auction in New York on Tuesday of his little-known art works, some of which went for many times over estimates.
The sketch, called "Sting Like a Bee," and drawn on paper in 1978 was the most sought-after work among more than 20 paintings, drawings and sketches by the former heavyweight champion that reflected Ali's interest in religion, social justice and his own career. It carried a pre-sale estimate of $40,000 to $60,000.
"Ref, he did float like a butterfly and sting like a bee!" reads the speech bubble from a boxer knocked out by an opponent whose arms are raised in victory. Ali famously used the phrase to describe his boxing style.
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Bonhams auctioneers said that 26 art works by Ali sold for a total of $945,524, more than three times the lower end of estimates. "Sting Like A Bee" was bought by a British-based collector of Ali memorabilia, Bonhams said. Other buyers were not identified.
