Nov 13, 2013, 10:28 AM EDT
That one of Jesse Owens‘ four gold medals earned at the 1936 Olympics is going up for auction is a “very difficult decision” to accept, International Olympic Committee president Thomas Bach said.
“[It has] an importance far beyond the sporting achievements of Jesse Owens, which is part of world history,” Bach told The Associated Press at an anti-doping conference in South Africa on Wednesday. “To put this up for an auction is for me a very difficult decision [to accept].”
It’s been known since July that one of Owens’ medals would be auctioned off. The news picked up buzz in the last week with more reports as the auction got closer. It will be sold to the highest bidder Dec. 7.
The IOC will not intervene in the sale, according to the AP.
An official with SCP Auctions, which will reportedly begin the auction Nov. 20, said in August he expected the medal to bring in “several hundred thousand dollars.” Another SCP official said he expected more than $1 million last week.
“We think this is a seven-figure piece,” SCP auctions president David Kohler told ESPN.com. “We expect to see a good deal of international interest and could see some institutions bidding. This is so much bigger than a piece of sports memorabilia. It’s a piece of history.”
The company does not know if the medal is from the 100m, the 200m, the long jump or the 4×100m relay, all won by Owens at the 1936 Berlin Olympics.
Owens triumphed in front of Nazi Germany and Adolf Hitler.
The medal is “a part of world heritage,” Bach told the AP.
Owens gifted the medal to entertainer Bill “Bojangles” Robinson after the 1936 Olympics, according to “Mr. Bojangles: The Biography of Bill Robinson.” It was consigned by the family of Robinson’s widow, according to SCP Auctions. Robinson gave Owens tap-dancing lessons, according to “Jesse Owens: A Biography.”
“It shows some wear, some handling wear,” SCP Auctions managing director Dan Imler said three months ago. “I would say a moderate degree … but it still presents very well.”
In 2010, 1980 U.S. Olympic hockey player Mark Wells sold his gold medal from the “Miracle on Ice” team for $310,700. Mike Eruzione sold his hockey stick from the U.S.-Russia game and his jersey from the following game against Finland for $262,900 and $286,800, respectively, to a 9-year-old boy named Seven in February.
Sep 21, 2014, 8:48 AM EDT
Ledecky broke five world records in two months this year.
Sep 21, 2014, 8:31 AM EDT
“I would be 36 for Rio. That’s probably just getting on a bit too much.”
Sep 19, 2014, 2:31 PM EDT
Spearmon lost a 2008 Olympic medal due to disqualification and finished fourth in the 2012 Olympic 200m.
Sep 19, 2014, 10:21 AM EDT
Komova won Olympic all-around silver behind Gabby Douglas.
Sep 19, 2014, 8:49 AM EDT
There was concern Olympic host nation wouldn’t be able to qualify in hockey.
Sep 19, 2014, 8:02 AM EDT
Olympic medalist skater could be called in for later hearing.
Sep 18, 2014, 4:50 PM EDT
Three-time Olympian rides into retirement by entering history books.
Sep 18, 2014, 3:06 PM EDT
Work expected to finish in the first half of 2016.
Sep 18, 2014, 1:39 PM EDT
NBC Olympics analyst hands out athlete of the year honors and more.
Sep 18, 2014, 9:30 AM EDT
Russian Olympic champion gave birth to daughter in June.
Sep 18, 2014, 9:00 AM EDT
Can U.S. win second straight team title despite injuries, absences?
Sep 17, 2014, 3:38 PM EDT
Canadian from memorable 2002 Olympic pairs competition to coach NHL players.
Sep 17, 2014, 2:13 PM EDT
Olympic halfpipe champion is focused on two competitions this season.
Sep 17, 2014, 10:54 AM EDT
Curling is the first Winter Olympic sport to have a sculpture in the Olympic Museum park.
Sep 17, 2014, 10:38 AM EDT
World record holder, now 40, could enter two more major marathons.
Sep 17, 2014, 10:04 AM EDT
Two-time Olympic champion runs five or six times per week.
Sep 17, 2014, 9:30 AM EDT
Two-time Olympic halfpipe champion “more poised” for slopestyle success in 2018.
Sep 17, 2014, 8:41 AM EDT
Jones posted she had “flashbacks of the three Olympics and that people constantly tease me about.”
Sep 16, 2014, 4:10 PM EDT
More than 7.5 million tickets will be available for the Games.
Sep 16, 2014, 11:57 AM EDT
German star suffered torn ACL.
- Katie Ledecky wins USA Swimming Athlete of the Year; who are World Swimmers of the Year? 0
- Wallace Spearmon fails drug test, banned 3 months 0
- Ato Boldon’s track and field season awards 1
- Analyzing the U.S. gymnastics women’s World Championships team 0
- Shaun White ‘more motivated’ to compete than before Sochi 0
- Lolo Jones eliminated from ‘Dancing with the Stars’ 6
- Usain Bolt, Michael Phelps hope to meet for first time before Olympic farewell 0
- Emotional Bode Miller medals in race that mattered most (61)
- Russian women kissing after relay victory at World Championships causes stir (57)
- IOC drops wrestling from 2020 Olympics (47)
- South Korea filing official complaint over Yuna Kim’s Olympic silver (39)
- Zola Budd, 47, dominates college runners in 5K (33)