Muhammad Ali`s boxing gloves fetch 520k pounds

ANI| Updated: Feb 24, 2014, 13:42 PM IST

London: Muhammad Ali`s boxing gloves fetched a whopping price of 520,000 pounds at a recently held auction in New York.

The boxing gloves worn by the former world heavyweight champion when he won his first world title from Sonny Liston, on February 25, 50 years ago, have been sold for 520,000 pounds, the Mirror reported.

Auction organizer Chris Ivy said that they had expected 300,000 pounds for the gloves; he said that the impressive result showed that Ali is a figure that transcends boxing.