Tennis great's estate to be sold

Date: Feb 07, 2013

To mark the 20th anniversary of his death, the estate of tennis great Arthur Ashe will be sold off to benefit his charity group.

A number of items that will be sold include a litany of trophies, private diaries and even his wisdom teeth.

Ashe was the first black man to take out the US Open and Wimbledon titles, winning the championships in 1968 and 1975.

A portion of the proceeds will be donated to the Arthur Ashe Learning Centre, a charity that advocates what Ashe stood for - sport, health and service.

The auctioneer Nate D Sanders of Nate D Sanders Auction House, said that the tennis champion was a pioneer and became an advocate for seeing the next generation of African American athletes succeed.

Included in the list of items to be auctioned off is his 1970 passport, which was stamped to enter apartheid South Africa; trophies from his high school days through to his grand slam victories; original drafts of speeches that he gave on issues ranging from civil rights to AIDS; and his Davis Cup jackets and college sweater.

Ashe died in 1993 from an AIDS-related illness after contracting the disease from tainted blood during a heart operation.

Other items that have been put up for sale recently from well-known celebrities include Marilyn Monroe's diamond encrusted wedding ring from her short-lived marriage to Joe DiMaggio.

Monroe married the Yankees player in 1954 and divorced him some ten months later.

The platinum band is expected to fetch anywhere between $300,000 and $500,000 when it's sold.

Other estate goldmines include Michael Jackson's, with the pop star's red leather jacket from his famous "Thriller" video selling for $1.8 million in 2011 at a Julien's auction.

The same sale also saw a number of other items sold from music legends, including Frank Sinatra's 1968 Jaguar, which went under the hammer for $23,750.

Elvis Presley, or the King, was known for his style and music and his estate has earned money long after his tragic death.

The Julien's auction saw one of Presley's guitars sold for $20,480 while Forbes lists him as one of the top earning celebrities who have died.

His famous Graceland estate earns admissions while his records are still listened to the world over.

If you want to discuss estate planning, talk to the experts by calling a wills and estates lawyer with Craddock Murray Neumann on 02 8268 4000.