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

1936 ICN Display Poster 12x19 Jesse Owens Ohio State University Fastest Human
$49.00

JESSE OWENS Rare ORIGINAL POSTER - Olympic Games BERLIN 1936 - Argentina
$19.99

1936 Olympic Reemstma Jesse Owens #49 Men's 400 PSA 5
$69.99

1935 NCAA Men's Track & FIeld Championships Program-Jesse Owens
$60.00

Leica Jesse Owens Ad for 1936 - 1986 Olympic Anniversary R-4
$40.00

JESSE OWENS 1983 GREATEST OLYMPIANS CARD # 49 GRADED GEM MT 10 L@@@K
$20.00

1936 newspaper JESSE OWENS sets 4 NEW RECORDS in SUMMER OLYMPICS Berlin GERMANY
$38.00

Jesse Owens signed 1972 Ecuador Guinea Stamp PSA DNA 1936 Olympics autographed
$999.99

Jesse Owens Olympic Star Ohio State Univ lot 13 Grolier Topps 1936 Sports Heroes
$35.00

2000 Track and Field News Jesse Owens 1936 Munich Olympics All Century Team
$23.89

Jesse Owens Games ARCO ( Everyones a winner) Made by Screen Stars USA Original
$13.99

Jesse Owens Games ARCO ( Everyone's a Winner ) POLO Made by: Hartwell in USA
$14.99

1936 Jesse Owens Ultra Rare Rookie PSA 7 NM Ed. Haas Die Sieger Der Oylmpiade
$379.99

1936 Jesse Owens Ultra Rare Rookie PSA 8 NM-MT Ed. Haas Die Sieger Der Oylmpiade
$479.99

1936 newspaper JESSE OWENS turns PRO after WINNING 4 OLYMPIC GOLD MEDALS Berlin
$30.00

1936 headline newspaper JESSE OWENS SETS 4 new RECORDS @ OLYMPICS Berlin GERMANY
$40.00
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Ryan is a former member of The Cardboard Connection Writing Staff. His 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.

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