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 Inscribed 1936 Olympics Program PSADNA Signed Autographed V24353
$499.00

OLYMPIA 1936 SAMMELWERK Nr 14 JESSE OWENS & JESSE OWENS w LUZ LONG WINNERS
$13.25

1972 Diamond Dinner Magazine Multi Signed Autographed With Jesse Owens Loaded
$999.99

Jesse Owens poster to promote abstinence
$69.99

1939 Churchman JESSE OWENS Kings of Speed #45 BVG 7 (equivalent PSA 7) Free SHIP
$59.97

JESSE OWENS GOLD OLYMPICS 1936 BERLIN REEMTSMA #32
$50.00

Cassius Clay BLAIR auto 1951 LOT JESSE OWENS TOOMEY auto PATTON, 83 OLYMPICS
$39.99

Jesse Owens Inscribed 1936 Olympics PSADNA Signed Autographed 83409806
$499.00

RARE: Jesse Owens Olympics Gold Medal Heuko - Köln
$65.00

(100) 1991 OLYMPIC HOF JESSE OWENS CARDS BERLIN 1936
$83.99

(100) 1983 OLYMPIC JESSE OWENS TRACK & FIELD CARDS #49
$111.99

Sportkings base mini Jesse Owens silver 1 of 7 Olympics, Reduced!
$99.99

Jesse Owens Signed Autographed Photo 8x10 Olympic Runner USA
$699.95

Jesse Owens 1936 Olympics Framed 12x18 Photo Display
$69.99

USA OLYMPICS HALL OF FAME (IMPEL 1991) COMPLETE 90 CARD BASE SET JESSE OWENS ++
$14.43

JESSE OWENS RARE 1940`S SIGNED JSA CERTED PROGRAM AUTHENTIC AUTOGRAPH
$389.00
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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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