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 Olympic Reemstma Jesse Owens #32 PSA 6
$37.49

1939 Churchman JESSE OWENS Kings of Speed # 45 (PSA 7)
$129.99

15 CT 1983 83 M&M Olympic Heroes Jesse Owens MT !
$16.00

1970 US Olympic Invitational Track and Field program Jesse Owens Frank Shorter
$35.00

THE DOME OF 1937 NOTRE DAME OLYMPIC INTEREST SPORTS JESSE OWENS SET NEW RECORD
$76.50

Jesse Owens 1978 Finnish Sportscaster Card # 37-872 RARE - BGS 9.0 MINT
$235.00

RARE First Annual Olympic Dinner 1991 Washington DC Jesse Owens Souvenir Card
$35.00

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

141254CR OLYMPICS BERLIN JESSE OWENS 400M RELAY AUGUST 10 1936 NEWSPAPER
$16.00

1997 Edigamma I Grandi Campioni Dello Sport #16 JESSE OWENS
$20.00

1936 Berlin Olympic Official Athletics Program With Jesse Owens
$124.99

091011CR JESSE OWENS WINS 200 METRE BERLIN OLYMPIC GAMES AUGUST 5 1936 NEWSPAPER
$16.00

Autographed Jesse Owens 1968 event brochure Signed Best Wishes large signature
$269.99

1936 Alfa #4 Jesse Owens Rookie (RC) -- BVG 8 -- RARE TOP GRADE
$2,000.00

May 30th, 1946 Original Jesse Owens 8" x 10.5" Wire Photograph
$75.00

December 14th, 1935 Original Jesse Owens 7" x 9" Wire Photograph
$95.00
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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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