GUEST: When I was around eight years old, Cassius Clay lived in our neighborhood, and all the little kids would run around following him and chasing him and mimicking him as he was practicing his boxing. After he would do that, he would invite us over to his house for hot dogs and Kool-Aid, and we thought that was the best thing in the world.
APPRAISER: This is one of his fighting promotions.
GUEST: Mm-hmm.
APPRAISER: And he personalized it to you. He wrote, "To Nat, from Cassius Clay."
GUEST: Yes.
APPRAISER: And then he did again in fountain pen, right there on his legs, he wrote, "From Cassius Clay." So he twice signed this for you. We think that at auction, this would fetch a price between $5,000 to $7,000.
GUEST: No way.
APPRAISER: Yeah.
GUEST: $5,000 to $7,000? Wow.
APPRAISER: We'd insure it for considerably more. We'd insure for about $10,000.
GUEST: Wow. Well, golly, I never thought it would be worth $5,000 to $7,000.
APPRAISER: It's a great piece. It's a knockout.