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Jesse Owens’ Gold Medals from 1936 Berlin Olympics Reached $1.5 Million at Auction

One of four gold medals that American Olympic legend Jesse Owens won at 1936 Olympics in Berlin sold for a record $1.46m in an online auction in California. That is the highest price ever paid for a piece of Olympic memorabilia, and also beats the $865,000 paid last year for a silver cup won at the 1896 Olympics, according to Laguna Niguel-based auction house, SCP Auctions.

Jesse Owens’ 1936 gold medal sold for nearly $1.5 million

New owner of this piece of history is Ron Burkle, a billionaire investor and co-owner of the Pittsburgh Penguins hockey team, who plans to use it for a future educational tour of historic pieces.

SCP said it raised almost $4.5 million from 1,000 sports memorabilia items at the auction. One more interesting item sold at auction was a baseball bat used by Jackie Robinson in 1949 that sold for $183,500.

Jesse Owens’ 1936 gold medal sold for nearly $1.5 million Jesse Owens’ 1936 gold medal sold for nearly $1.5 million

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About Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

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