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 1936 Summer Olympics Berlin Framed 12x18 Photo Display
$69.99

Jesse Owens Track & Field 1936 Olympics 1st Day Cover Jesse Owens Stamp
$21.95

PHOTO CARD OLYMPIA 1936 JESSE OWENS CARD RARE U.S.A. GERMAN OLYMPICS
$19.99

PHOTO CARD OLYMPIA 1936 JESSE OWENS CARDS RARE U.S.A.
$19.99

PHOTO CARD OLYMPIA 1936 JESSE OWENS CARD RARE U.S.A.
$19.99

PHOTO CARD OLYMPIA 1936 JESSE OWENS CARD RARE U.S.A.
$17.99

1936 REEMSTMA #31 JESSE OWENS ROOKIE GRADED PSA (EX) SUPER RARE "IN BERLIN"
$39.99

RARE 1938 JESSE OWENS SINGLE SIGNED NEGRO LEAGUE BASEBALL PSA DNA OLYMPICS HERO
$4,999.99

JESSE OWENS SIGNED PSA DNA 3X5 INDEX CUT AUTHENTICATED AUTOGRAPH
$299.00

1951 Berk Ross Track #68 Jesse Owens EX+ J312057
$73.50

1951 Berk Ross Track #68 Jesse Owens EX+ J358040
$73.50

1951 Berk Ross Track #68 Jesse Owens EX+ J418504
$73.50

Authentic Original 1936 Olympics lot: unused postcard + JESSE OWENS photo card
$19.95

TRACK FIELD Olympics GOLD Stars BOSTON Marathon sprints BRUCE JENNER Jesse Owens
$13.99

1978 JESSE OWENS 1936 OLYMPICS HITLER GREAT SPORTS STORIES EDUCATIONAL INSIGHT
$12.50

1936 Reemstma #33 Jesse Owens Rookie Card BVG 7 Near Mint
$199.99
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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 and can be found onGoogle+.

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