RR Auction and the Mystery Gold Medal

In just a few more weeks it will finally be time for the 2016 Summer Olympics in Rio. Bostonbased RR Auction is getting ready for the popular world-wide event with an auction open now titled “Olympics Memorabilia,” showcasing authentic Olympics artifacts spanning well over a century of history for the global games.

This auction will feature a gold medal won at the 2012 London Olympic Games, many experts believing this is the first person to sell such a medal from the London event, according to the Daily Mail.

In an interesting twist, the winning athlete’s identity and the sport in which the gold medal was won is not disclosed by the auction house. This information will be discovered by the winning bidder at the auction’s close.

But why would an athlete auction an Olympic gold medal he won just four years ago? A spokesperson from RR Auction chimes in, “It’s not rare for athletes from around the world to face financial hardship depending on what events they’re in.” These circumstances allow a lucky collector the opportunity to own a rare and recent Olympic gold medal.

RR Auction is accepting bids on the item now, and it is expected to auction for $30,000 --- or at least £23,000.

A number of other artifacts from previous Olympic Games are available this July and August at RR Auction:

·         A rare gold medal from the 1908 London Summer Olympics, featuring an engraving of the image of St. George, England’s patron saint, slaying a dragon. This medal is estimated to auction for $15,000+.

·         A silver medal from the 1912 Stockholm Summer Olympics, engraved with the image of Ling, the founder of Swedish gymnastics, is estimated to auction for $20,000+ due to these medals’ scarcity.

·         A silver medal from the 1956 Cortina Winter Olympics, featuring the image of an ice crystal over Mount Pomagagnon, is estimated to auction for $10,000+.

·         A bronze medal from the 1960 Squaw Valley Winter Olympics Ice Hockey World Championship is estimated to auction for $4,000+.

A ton of medals, torches and other artifacts will be available until the close of the auction on July 21^st.

To preview and bid on all artifacts up for auction this July, please take the time to visit RR Auction’s website. Continuous updates on valuable and authentic documents and artifacts for auction can be received by following RR Auction’s Twitter and Facebook. Check them out!