Jesse Owens 1936 Gold Medal Is New Highest Priced Olympic Item–Sold!

The jump that won Owens one of four medals at the 1936 Olympics

The jump that won Owens one of four medals at the 1936 Olympics

*Los Angeles-based billionaire investor Ron Burkle has collected some awesome items to eventually take on an educational tour and spent some incredible money on them at that.

His latest acquisition cost him nearly $1.5 million; its the gold medal won by U.S. sprinter Jesse Owens, who pissed off the Nazis and their leader Adolf Hitler, when he won four of the medals at the Olympic games in 1936.

The price also beats out the previous “highest priced” Olympic item – a silver cup won at the 1896 Olympics (and purchased for $865,000 last year), according to California-based SCP Auctions, which sold the medal last weekend.

Previous to this the “Miracle on Ice” hockey jersey won by team captain Mike Eruzione in 1980 was bought for $657,250.

The auction company said it raised almost $4.5 million from 1,000 sports memorabilia items at the auction. Among the other articles was a baseball bat used by Jackie Robinson in 1949 that sold for $183,500.

–DBP

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