Muhammed Ali's 50-Year-Old Boxing Gloves Sold For $836,500

Muhammed Ali's gloves, worn 50 years ago, when he won world heavyweight championship title for the first time from Sonny Linston in Miami Beach, Florida, in February 1964 were sold for $837K on Saturday.

The gloves were kept in private collection of his trainer Angelo Dundee right after the legendary match, until his death in February 2012. 

After that they remained at his son, who decided to sell them on 50's anniversary of the fight to help pay family medical bills. Part of the money is promised to the Muhammed Ali Foundation. The buyer wished to remain anonymous.

Estimation price was $500,000, however the interest of the buyers has shown that Muhammed Ali figure is still very interesting.