Jesse Owens 1936 Olympic Gold Medal Sells for Nearly $1.5 Million

Jesse Owens 1936 Olympic Gold Medal Sells for Nearly $1.5 Million

Update (12/9/13): The Jesse Owens 1936 Olympic Gold Medal sold for $1.46 million yesterday. The amount is the highest ever paid for a piece of Olympic memorabilia. The buyer is Ron Burkle, co-owner of the Pittsburgh Penguins.

Jesse Owens set a pair of Olympic records at the 1936 games. One of his gold medals is expected to break one more when SCP Auctions sells it in December.

It is one of four gold medals won by Owens at the games that year in front of Adolf Hitler and the Nazi party. Owens won gold medals for the USA in the 100 meter, 200 meter, 400-meter relay and long jump. He also broke a pair of Olympic records in the process. It is not known which event this medal comes from.

Jesse Owens 1936 Olympic Gold Medal 260x122 Image

After the Olympics, Owens gave the medal to actor Bill "Bojangles" Robinson, who was able to help the athlete find work in Hollywood.

SCP Auctions, which is based out of California, is selling Jesse Owens gold medal on behalf of the estate of Robinson's late widow, Elaine Plaines-Robinson.

The medal is expected set a record for Olympic memorabilia and top $1 million.

Bidding opens on the SCP Auctions website on Wednesday, November 20, running through Saturday, December 7.

Other high-profile items in the auction include Shane Victorino's series-clinching grand slam ball from Game 6 of the 2013 ALCS, a 1949 Jackie Robinson game-used bat, a 1955 World Series Jackie Robinson game-used bat and the highest graded Jackie Robinson single-signed baseball.

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2009230539484040 1 Image
*JIM THORPE & JESSE OWENS* LEGENDS COMIC BOOK LOT (10) MINT CONDITION
$12.99
1110703848824040 1 Image
RARE 1946 JESSE OWENS PSA DNA SINGLE SIGNED NEGRO LEAGUE BASEBALL OLYMPICS HERO
$3,995.00
2311743607594040 1 Image
1945 Harlem Globetrotters Baseball Team & Jesse Owens At Seals Stadium S.F.
$149.99
3810340233834040 1 Image
Jesse Owens Auto Signed Pictorial History American Sports PSA DNA 1936 Olympics
$399.00
3809665438854040 1 Image
Jesse Owens signed autograph auto First Day Cover Olympic Champion PSA Slabbed
$375.00
2714453888664040 1 Image
1968 Press Photo Jesse Owens
$13.00
2215858222044040 1 Image
A.A.U. TRACK AND FIELD CHAMPIONSHIP JESSE OWENS 1935 PROGRAM
$59.99
3607852604804040 1 Image
Jesse Owens & Wife Ruth Owens Signed Framed 1936 Banquet Program & Photo Set JSA
$799.99
3313567969804040 1 Image
1993 Annual Jesse Owens Track Classic Program Autographed by OSU Robert Smith
$11.00
2912797762324040 1 Image
OLYMPIC GAMES TRACK AND FIELD JESSE OWENS PSA 5 POP 1 VERY RARE CARD WIKO 1972
$29.99
4006900507584040 1 Image
1972 Press Photo Track&Field Athlete Jesse Owens
$13.00
1611914549794040 1 Image
1936 Reemstma #33 Jesse Owens Rookie (RC) BVG 8 Only one graded higher
$750.00
1114963901444040 1 Image
1936 Olympic JESSE OWENS 200M GOLD Full Ticket MINT SEAT AT Finish Line TOP RARE
$1,200.00
1908107895914040 1 Image
1936 Olympic Reemstma Jesse Owens #32 PSA 6
$74.99
3011174958734040 1 Image
1936 PET CREMER JESSE OWENS RC GRADED PSA 8 (NM-MT) 1 OF 3 ON POP NONE HIGHER
$229.99
3801542034774040 1 Image
1939 Churchman JESSE OWENS Kings of Speed # 45 (PSA 7)
$129.99
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Ryan's collecting origins began with winter bike rides to the corner store, tossing a couple of quarters onto the counter and peddling home with a couple packs of O-Pee-Chee hockey in his pocket. Today, he continues to build sets, go after inserts with cool technologies, chase Montreal Expos and finish off his John Jaha master collection. Ryan can be found on Twitter @tradercracks and Google+.

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