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

100 YEARS OF OLYMPIC GLORY (VHS,1996,-2 TAPE SET ) JESSE OWENS TO MARK SPITZ,
$14.99

1951 BERK ROSS PANELS JESSE OWENS-YVONNE CLAIRE SHERMAN NM *827453
$68.00

1936 Muhlen Franck Olympia #2 JESSE OWENS Rc BVG 6 Olympic Rookie !!
$89.99

Jesse Owens Olympic track and field poster, Ohio State star, adolf hitler, nazi
$29.99

1936 German Olympics photo cards: Jesse Owens, Hitler, competitors, stadiums
$75.00

1936 jesse owens bvg 3.5 reemstma
$74.99

JESSE OWENS Rare NOVARO Mexican Comic 1950´s - Olympic Games BERLIN 1936
$22.99

OLYMPIC GAMES BERLIN 1936 Jesse Owens ORIGINAL Magazine Argentina
$44.99

Boxer Joe Louis With Jesse Owens 1930s 8x10 Reprint Of Old Photo
$19.99

BEST 1935 newspaper BABE RUTH last 3 HOME RUNS in 1 game JESSE OWENS SETS RECORD
$80.00

Jesse Owens 1936 Berlin Olympics Vintage 8x10 Reprint Of Old Photo
$19.99

1939 W.A. & A.C. Churchman Kings of Speed JESSE OWENS card Olympics PSA 6 EX MT
$76.49

COLLECTIBLE OLYMPIC TOKEN OR COIN JESSE OWENS USA 1936 BERLIN XI OLYMPIAD
$27.95

Jesse Owens long jump photo presumed to be 1936 Olympics Polaroid like
$10.00

Jesse Owens Olympic Legend 1 1 Masterwork Sketch Card Painting.
$15.99

1965 Jesse Owens & The NEW YORK METS - 35mm Baseball Slide
$12.99
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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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