WrestleMania III Intercontinental Championship Belt Sells for $716,750 at Heritage Auctions
A WWE Intercontinental Championship belt used by Tito Santana, “Macho Man” Randy Savage, Ricky “The Dragon” Steamboat and The Honky Tonk Man has sold for $716,750 at Heritage Auctions. The historic belt drew a $587,500 winning bid in Heritage’s October 23-25 Fall Sports Catalog Auction. With the auction house’s 22% buyer’s premium, the final price reached $716,750.
Its connection to four of wrestling’s biggest stars of the 1980s would make the belt significant on its own, but its history also includes one of the most celebrated matches in WrestleMania history. According to Heritage, the belt was used from 1985 through 1988 and was carried during the championship reigns of Santana, Savage, Steamboat and The Honky Tonk Man. Most significantly, it was the Intercontinental Championship involved in Savage and Steamboat’s match at WrestleMania III on March 29, 1987.
Steamboat defeated Savage that night to win the championship in a match that has remained one of the most remembered bouts from the event. Hulk Hogan and Andre the Giant may have occupied the main event, but Savage and Steamboat’s Intercontinental Championship match became one of the defining performances of both wrestlers’ careers.
Heritage describes the offered championship as a Reggie Parks-inspired belt and says its unusually long period of use helped distinguish it from many wrestling belts that were eventually retired and replaced. Over its roughly three-year run, it passed through the hands of four future WWE Hall of Famers.
The belt measures 48.5 inches from end to end and just under 10 inches from top to bottom. Years of use are still readily visible, with Heritage noting wear accumulated as the championship traveled from city to city with its holders. A 6.5-inch section of black tape also remains on the reverse. Rather than detracting from the piece, those signs of use are part of its history. This was not a presentation belt made simply for display. It traveled with the wrestlers who held the championship during one of professional wrestling’s biggest periods of growth.
Heritage also commissioned wrestling historian Conrad Thompson to document the belt’s history, including how it changed over time and its connection to the wrestlers who carried it during the 1980s.
The $716,750 sale adds another major result to Heritage’s growing market for important wrestling memorabilia. Earlier in 2026, the auction house sold Hulk Hogan’s photo-matched WrestleMania I boots for $1.037 million. Heritage followed that in August with the sale of Hogan’s photo-matched WrestleMania II championship belt for $414,800. The Intercontinental Championship belt now joins those pieces among Heritage’s biggest wrestling results.
It was also part of the same Heritage Fall Sports Catalog Auction that produced several major results across very different areas of collecting.
As CollectiblesNews.com reported, a restored 1909-11 T206 Honus Wagner graded PSA Authentic (Restored) sold for $1,982,500. The Sweet Caporal-backed example remained one of the auction’s headline lots even with its disclosed restoration.
Vintage non-sports cards also produced a major result when a 1966 Topps Batman “The Batman” #1 graded PSA Mint 9 sold for a record $219,600. Heritage said only 13 copies had received a PSA 9 grade when the card was cataloged, with none graded higher.
The three results show just how broad the high-end market was in the same Heritage auction. A century-old baseball card approached $2 million, a vintage Batman card crossed $200,000, and a championship belt tied directly to wrestling’s 1980s boom reached more than $700,000.