sport news Boston Celtics legend Bill Russell's Hall of Fame ring is put up for auction trends now

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Bill Russell's 1975 Naismith Memorial Basketball Hall of Fame ring has gone up for auction and is expected to sell for more than $200,000 before bidding closes on Friday. 

The ring, which the late Celtics legend received in 2019, has been listed for sale by SCP Auction since August. Several bids have been placed with the lowest being at $30,000 and the highest at $43,923. 

The ring weighs 65 grams and is made of 14-karat gold with 1.625 carts of diamonds, according to SCP Auction's listing. Russell barely wore the piece of jewelry and also included is a letter of provenance signed by the man famously nicknamed as 'Mr. 11 Rings.' 

Russell was the first Black NBA player to have been inaugurated into the Hall of Fame in 1975 but the Celtics' No. 6 preferred to skip his ceremonial induction because he felt other players should have been inducted before him. 

He is also a member of the Basketball Hall of Fame as a coach, leading the Celtics to back-to-back championships in 1968 and 1969, and is also apart of the FIBA Hall of Fame and College Basketball Hall of Fame (inducted in 2006).