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Obama's high school basketball jersey sells for $120,000

WASHINGTON, DC - SEPTEMBER 03: U.S. President Barack Obama waves to reporters after returning to the White House on board Marine One September 3, 2015 in Washington, DC. Obama spent three days in Alaska this week where he became the first sitting pre

A basketball jersey believed to have been worn by former President Barack Obama while he was at a Honolulu prep school has sold at auction for $120,000.

Heritage Auctions said the jersey sold Saturday night in Dallas to a collector of American and sports artifacts who didn't wish to be identified.

The jersey was offered by Peter Noble, who was three years behind Obama at Punahou School. Noble, now 55 and living in Seattle, said the jersey was destined for the trash when he picked it up. Years later he saw an old photo of Obama wearing a No. 23 jersey while at school.

The auction house says details on the shirt match the one Obama is photographed wearing.

Noble says a portion of the sale will go to the school.