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.

ebaysmalllogo Image
2716089904834040 1 Image
1977 JESSE OWENS SPORTSCASTER CARD BECKETT RAW CARD REVIEW 9
$99.95
1414097244304040 1 Image
JESSE OWENS SIGNED B W PHOTO SCHOOL PROGRAM - 10 31 1973
$100.00
2911339161694040 1 Image
JESSE OWENS Track & Field USA 1981 SVIJET SPORTA CARD Rare!
$49.95
2011729048334040 1 Image
JESSE OWENS SIGNED AUTO 8 x 10 Photo PSA DNA V48172
$369.99
1509584956064040 1 Image
1987 Jesse Owens Ohio Sport Legends Pin
$19.99
2011733968294040 1 Image
Lincoln-Mercury Promo-Jesse Owens-Bart Starr-Sharon Moran-Byron Nelson Autograph
$449.99
1414070964184040 1 Image
1964-70 Equitable Life 25 Prints Swimming Bowling Track Fleming Jesse Owens
$19.99
3012575616334040 1 Image
1936 BERLIN OLYMPICS JESSE OWENS RC MUHLEN FRANCK SET + MILDRED "BEBE" DIDRIKSON
$169.99
1114662218554040 1 Image
Olympische Spiele Berlin 1936: "The Olympic Games" - with Jesse Owens
$100.00
3215269117794040 1 Image
A.A.U. TRACK AND FIELD CHAMPIONSHIP JESSE OWENS 1935 PROGRAM
$59.99
3809981555824040 1 Image
Jesse Owens Auto Signed Pictorial History American Sports PSA DNA 1936 Olympics
$399.00
1214399657754040 1 Image
1956 OLYMPICS Stamp Framed Tribute by Postal Commemerative Society:Jesse Owens,
$22.99
3610326711524040 1 Image
1970s 11x14 Visual Aid Card Jesse Owens 1936 Olympics Ohio State Univ RARE
$19.99
2908920920994040 1 Image
1936 Muhlen Franck Olympia #2 JESSE OWENS Rc BVG 6 Olympic Rookie !!
$89.99
2312440996634040 1 Image
JESSE OWENS Rare NOVARO Mexican Comic 1950´s - Olympic Games BERLIN 1936
$22.99
2308922508214040 1 Image
OLYMPIC GAMES BERLIN 1936 Jesse Owens ORIGINAL Magazine Argentina
$44.99
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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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