The gloves that Ali wore and the jockstrap worn by Frazier during the fight, hit the auction on Monday.
The jockstrap is expected to sell for as much as $ 10,000 and had already met the minimum bid of $ 5,000 by mid -Monday morning.
For Ali’s gloves, no bid had yet been received but according to the owner of the auction firm, they may fetch more than $1 million.
Both fighters were undefeated when they met up in the fight on March 8, 1971, at Madison Square Garden in New York.
Frazier defeated Ali in a unanimous, 15-round decision.
The auction concludes with live bidding on August 4.
Video credit: africanews