Michael Jordan's diploma, transcript auctioned

CHARLOTTE, N.C. - Items including Michael Jordan's University of North Carolina diploma and recruiting letters from coach Dean Smith are being auctioned off.

The Charlotte Observer reports ( ) that the items once hung on the wall of Michael Jordan's 23 restaurant in Chapel Hill. When the eatery closed in 2003, the items were stored in a locker.

Jordan now owns the Charlotte Bobcats.
Goldin Auctions founder Ken Goldin says he has had the documents authenticated. The opening bid on the diploma is $7,500, and the Smith letter starts at $5,000.

Bidding continues through Feb. 7 at .

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