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|Obama basketball jersey sells for US$120,000|
The number 23 jersey belonged to 18-year-old Obama while he was a senior at Punahou high school in Hawaii, where he lived at the time, according to Heritage Auctions.
The jersey was valued at US$100,000 before it was sold.
Obama is a known basketball fan and was often seen playing during his tenure at the White House, with presidential staffers, celebrities or other guests.