WrestleMania 3 Title Belt Reaches $125,000 at Auction
A historic WWF Intercontinental Championship belt from the iconic Steamboat-Savage match draws high bids.
Updated on Oct. 16, 2026 in Wrestling
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A championship belt contested during the legendary WrestleMania 3 match between Ricky Steamboat and Randy Savage has reached a $125,000 bid at auction. Conrad Thompson placed the historic piece for sale through Heritage Auctions.
Why it matters
The belt represents a seminal moment in wrestling history, marking the era when the Intercontinental Championship became a marquee prize. Its high valuation reflects the growing market for professional wrestling memorabilia among collectors.
The Intercontinental Championship has changed hands 192 times throughout its history. Gunther holds the record for the longest reign at 666 days, while The Miz holds the record for the most title reigns with eight.
The players
Ricky Steamboat
He is a retired professional wrestler who won the Intercontinental Championship at WrestleMania 3.
Randy Savage
He was a professional wrestler known for his high-profile championship matches during the 1980s.
Conrad Thompson
He is a podcaster and entrepreneur who facilitates the sale of high-end professional wrestling collectibles.
Heritage Auctions
This is a multinational auction house that specializes in collectibles and memorabilia.
Chad Gable
He is a professional wrestler currently holding the Intercontinental Championship.
The details
Ricky Steamboat famously defeated Randy Savage for this specific title during a nearly 15-minute match at WrestleMania 3. The belt remains one of the most recognized artifacts from the WWF's expansion period.
Timeline
Pat Patterson began his 233-day inaugural reign in 1979.
Bidding for the belt reached $125,000 in October 2026.
Season Trajectory
The high auction value reinforces the legacy of the Intercontinental title as a prestige championship relative to the WrestleMania 3 bout. This historical benchmark contrasts with the current landscape where Chad Gable has maintained 15 successful title defenses.
The auction provides a concrete price point for high-end professional wrestling collectibles currently on the market. For fans tracking modern records, Chad Gable's 15 title defenses illustrate the current active rotation of the belt.
The takeaway
Collectors should note that iconic artifacts from seminal matches carry significant premiums in the current market. Fans can look to historical sales like this to understand how major industry milestones influence the long-term value of memorabilia.
Further reading
For more on the history of the sport, visit Wrestling.
Source note: This article includes information reported by Sportskeeda.
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