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

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.

Top eBay Listings

Jesse Owens Type 1 vintage photo photograph from High School 1933
$65.00

Shirley Strickland Jesse Owens 1956 Olympics Aussie paper Melb Herald complete
$29.99

Rare Jesse Owens 1984 Olympic Poster 7 Eleven"Olympic Moment"LA Olympic Committe
$250.00

1954 Topps Scoop Jesse Owens Trading Card Collectible Track Olympics Antique
$10.39

(1) 1936 REEMSTMA CIGARETTS #57 JESSE OWENS
$2,600.00

1977-79 Sportscaster Jesse Owens #01-04 PSA 8
$25.00

Jesse Owens Olympics Inscribed Signed Autographed PSADNA Postcard 83515083
$499.99

JESSE OWENS &Ralph Boston Rare Signed Program (JSA)
$200.00

WORLD SPORTS MAGAZINE DEC 1959 BOBBY SMITH - JESSE OWENS - LOUIS MARTIN -
$10.50

1936 LODIX Berlin Summer Olympics Jesse Owens Long Jump Gold Medal Card USA RARE
$249.99

1936 LODIX Berlin Summer Olympics Jesse Owens 4x100 Gold Medal Card USA RARE
$249.99

1936 LODIX Berlin Summer Olympics Jesse Owens 200m Gold Medal Card USA RARE
$189.99

JESSE OWENS USA GERMAN TRACK & FIELD OLYMPICS 1936 PHOTO CARDS POSTER PRINT
$99.99

1939 Kings of Speed JESSE OWENS #45 -- Olympian Legend -- Ex-Mt PSA 6
$33.50

RARE STADION CARD 2000 Athletic #P010 Jesse Owens - USA Gold Olympic Games 1936
$19.99

1956 OLYMPICS Stamp Framed Tribute by Postal Commemerative Society:Jesse Owens,
$22.99
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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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