WrestleMania III Intercontinental Title Belt Sells For Record $716,750 At Heritage Auctions

The WWF Intercontinental Championship belt Ricky Steamboat won from Randy Savage at WrestleMania III sold for $716,750 at Heritage Auctions on Saturday, October 24.

The sale was part of Heritage Auctions Fall Sports Catalog Auction, which ran October 23 to 25. The final price includes Heritage’s 22 percent buyer’s premium on a winning bid of $587,500.

It is a new record for a wrestling championship belt at auction. The previous record was $414,800 for Hulk Hogan’s WWF Championship belt from WrestleMania 2, which sold at Heritage on August 21.

The belt was owned by Conrad Thompson, who wrote on X after the sale, “We set a record! Thank you!” Thompson has owned the belt since 2020, after trading the original Intercontinental Championship belt worn by Pat Patterson to WWE for it.

Heritage listed the belt as lot 81948. It was used from 1985 to 1988 and was held by four WWE Hall of Famers: Tito Santana, Savage, Steamboat, and The Honky Tonk Man. Savage won the title from Santana in February 1986 and held it for more than a year. Steamboat beat him for it on March 29, 1987, at WrestleMania III at the Pontiac Silverdome. The Honky Tonk Man won the title from Steamboat in June 1987.

The belt did not set the overall record for wrestling memorabilia. That still belongs to Hogan’s boots from the first WrestleMania, which sold for $1,037,000 at Heritage earlier this year. They were the first wrestling item to sell for more than $1 million.

The belt was not the only wrestling lot in the sale. Heritage had 18 wrestling lots in sale 50088 in total. Here is how they played out:

Sold, price confirmed outside Heritage:

• Lot 81948 – 1985-88 Intercontinental Championship Belt – $716,750
• Lot 81947 – Circa 1999 Stone Cold Steve Austin Match Worn and Signed Knee Brace – $225,700, reported via ProWrestling-Collectibles, since Heritage keeps this price behind its sign in wall

Sold, final price behind Heritage’s sign in wall:

• Lot 81293 – 1973 Wrestling Annual #6 Andre the Giant (Hand-Cut) PSA NM-MT 8
• Lot 81937 – 1969-85 Terry Funk California License Applications Lot of 6
• Lot 81938 – 1987 WrestleMania III On-Site Broadside Poster Signed by Hulk Hogan
• Lot 81940 – 1999-01 Rhino ECW and WWE Ring Worn Singlet
• Lot 81942 – 2011-14 Kevin Nash Match Worn and Signed Singlet
• Lot 81943 – 2016 Chad Gable Match Worn and Signed American Alpha Singlet, Knee Pads and Headband
• Lot 81944 – 2020 AJ Styles Match Worn and Signed Wrestling Pants
• Lot 81945 – 2022 Tiffany Stratton NXT Match Worn and Signed Outfit
• Lot 81946 – 2025 Dwayne “The Rock” Johnson Screen Matched and Worn Trunks from The Smashing Machine
• Lot 81949 – 1980’s World Class Championship Wrestling Ring Skirting from The Sportatorium

Did not sell at auction, now in post auction buys (these are asking prices, not sold prices):

• Lot 81939 – 1950’s Gorgeous George Match Worn Robe – Buy Now $48,800 including buyer’s premium, offers until 8:00 a.m. CT Monday, November 9
• Lot 81941 – 2000’s Sabu Ring Worn and Signed Turban – Post Auction Buy $305

Still in proxy bidding at last check, about 7:55 p.m. EDT October 25, so no final price yet (Session 3 proxy bidding was due to end 10:00 p.m. CT October 25):

• Lot 82774 – 1980’s Tito Santana and Steve Lombardi License Applications Lot of 9 – starting bid $150, not met at check time
• Lot 82775 – 1980’s Barbarian, One Man Gang, Jannetty, Beefcake and Steiner License Applications Lot of 14 – current bid $175 at check time
• Lot 82776 – 1985-86 Chief Jay Strongbow License Applications Lot of 4 – current bid $260 at check time
• Lot 82777 – 1989 Jake “The Snake” Roberts License and Physical Examination Forms – current bid $125 at check time

Source: Heritage Auctions