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Miracle on Ice gold medal sells for $262,900

May 17, 2014, 5:44 PM EDT

Mark Pavelich medal

U.S. Olympic hockey player Mark Pavelich‘s gold medal from the 1980 Lake Placid Games was auctioned for $262,900 on Friday.

Pavelich became the second member of the Miracle on Ice team to sell his gold medal. Mark Wells‘ gold went for $310,700 in November 2010. The auction house for Pavelich’s sale had expected “a floor” price of $250,000.

Miracle on Ice captain Mike Eruzione sold his stick from the U.S.-Soviet Union game in 1980 and his jersey from the final game against Finland to a 9-year-old boy named Seven last year, but not his gold medal.

Pavelich, 56, isn’t having financial troubles, a director of the auction house said.

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