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A bid of $391,500 has been logged for Sir Donald Bradman's first baggy green Test cap.
Sir Donald Bradman's first Australian Test cap has received a highest bid of $391,500 at auction.
An un-named person in Queensland logged the highest bid when the auction ended on Thursday night for Bradman's baggy green from his Test debut in 1928.
If the sale is confirmed, it will rank as the third-highest price ever paid for a piece of cricket memorabilia.
The word record is $1,007,500 paid at auction for Shane Warne's Test cap earlier this year, followed by $425,000 for Bradman's 1948 baggy green cap at a 2003 auction.
The auction of Bradman's 1928 Test cap finished on Thursday night with the high bid made 15 minutes before the finish.
A spokeswoman for auction organisers says the high bid has been referred and negotiations to complete the sale will commence on Friday.
The cap was presented to Bradman before his Test debut against England in November 1928 in Brisbane.
The Australian cricket legend gifted the cap a family friend, Peter Dunham, in 1959.
Dunham, who was a neighbour of Bradman in Kensington Gardens in Adelaide's inner east, was earlier this year jailed for fraud.
An accountant, Dunham in May was jailed for more than eight years for scamming $1.3 million from investors.
His South Australian District Court trial heard Dunham used some of the stolen money to buy properties in North Adelaide, planning to repay the funds when the investments turned a profit.
But the court heard the 2008 global financial crisis ruined those plans.
Dunham was initially charged with 37 counts of theft and deception spanning 2008 to 2015 but, just before his trial, pleaded guilty to some charges on condition others were dropped.
The accountant, now aged 76, was sentenced to eight years and two months jail with a non-parole period of four-and-a-half years.
The court was told he had repaid about $800,000 but some of Dunham's victims sought access to Bradman's cap to help pay off the accountant's debts.
Dunham's estate was bankrupted, with Bradman's cap being sold at pickles.com.au under instructions from the trustee, Oracle Insolvency Services.
A number of Bradman's other baggy green caps have previously been auctioned, with his 1948 edition from the famous Invincibles tour of England fetching the highest price for a piece of cricket memorabilia until Warne's cap was auctioned earlier this year.
Warne, Australia's leading Test wicket-taker, auctioned his baggy green to raise funds for bushfire relief efforts.
The Commonwealth Bank won the auction and toured Warne's cap around Australia before sending it to the Bradman museum in Bowral, NSW, for permanent display.
