Muhammad Ali Sketches Fetch Knockout Prices at NY Auction

Muhammad Ali Sketches Fetch Knockout Prices at NY Auction
U.S. boxing great Muhammad Ali poses during the Crystal Award ceremony at the World Economic Forum (WEF) in Davos, Switzerland on Jan. 28, 2006. Andreas Meier/Reuters
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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 artworks, some of which went for many times overestimates.

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.