A story associated with Michael Jordan is that he once sold a shirt autographed by Farrah Fawcett for $1250. A common year given is ~1976. This doesn't seem plausible. Is this story true?
Below is an excerpt from a Quora question on the subject.
When he [Michael Jordan] was 13 years old, his father gave him a piece of used clothing and asked: "What do you think the value of this outfit would be?"
Jordan replied, "Maybe one dollar."
His father asked, "Can you sell it for two dollars? If you can sell it, it would mean that you are a big help to your father and mother. "
Jordan nodded his head, "I'll try, but no guarantee that I'll be successful."
Jordan carefully washed the clothes clean. Because they didn't have an iron, to smoothen out clothes, he levelled it with a clothes brush on a flat board, then kept it in the sun to dry. The next day, he brought the clothes to a crowded underground station. After offering it for more than six hours. Jordan finally managed to sell it for $2. He took the two dollar bill and ran home.
After that, everyday he was looked for used clothing, washed and ironed it and sold it in the crowd. More than ten days later, his father again gave him a piece of used clothing, "Now think of a way that you can sell these clothes for 20 bucks?"
Jordan said, "How is it possible? This outfit can only fetch two dollars at the most. "
His father replied in an effort to inspire him, "Why don't you try it first? There must be a way."
Finally, Jordan got an Idea He asked for cousin's help to paint a picture of Donald Duck and Mickey Mouse on the garment. Then he tried to sell it in the school where the children of the rich study. Soon a housekeeper, who was there to pick his master, bought clothes for his master. The master was a little boy of only 10 years but was very fond of clothes. He loved it so much and he gave a five dollar tip. 25 dollars was a huge amount for Jordan, the equivalent of a month's salary of his father.
When he got home, his father gave him yet another piece of used clothing. "Are you able to resell it at a price of 200 dollars?" His eyes lit up.
This time, Jordan accepted the clothes without the slightest doubt. Two months later a popular movie actress from the movie "Charlie's Angels", Farah Fawcett came to New York for her Movie promos. After the press conference, Jordan made his way through the security forces to reach the side of Farah Fawcett and requested her autograph on the piece of clothing. When Fawcett saw this innocent child asking for her autograph, she gladly signed it.
Jordan was shouting very excitedly, "This is a jersey signed by Miss Farah Fawcett, the selling price is 200 dollars!"He auctioned off the clothes, to a businessman for a price of 1,200 dollars!
Upon returning home, his father by broke into TEARS and said, "I am amazed that you did it My child! You're really great! "