‘Miracle on Ice’ gold medal sold for $262,900

This photo provided by Heritage Auctions shows the Lake Placid 1980 winter Olympic gold medal of U.S. ice hockey player Mark Pavelich. Heritage Auctions of Dallas says it fetched $262,900 in an online-only sale on Friday, May 16, 2014. The company says it’s just the second 1980 U.S. Olympic hockey gold medal to reach the block, the first being Mark Wells' medal, which commanded $310,700 in 2010. (AP Photo/Heritage Auctions)
(AP Photo/Heritage Auctions)

What’s an Olympic gold medal from the United States’ 1980 “Miracle on Ice” worth?

$262,900.

That’s how much a medal owned by Mark Pavelich fetched in an online-only auction Friday, according to Heritage Auctions of Dallas. Pavelich sold his medal, Heritage sports director Chris Ivy told the Associated Press, in order to help his family. “I’m doing a lot for my daughter here,” he told Yahoo’s Puck Daddy this spring. “I want her to get a step forward in life. That’s probably the biggest reason.”  This is only the second time a gold medal from the “Miracle” team has gone on sale. Mark Wells got $310,700 for his in 2010.

Mike Eruzione sold his USA jersey, hockey stick and other Olympic paraphernalia via Heritage in 2013.

After spending most of her career in traditional print sports journalism, Cindy began blogging and tweeting, first as NFL/Redskins editor, and, since August 2010, at The Early Lead. She also is the social media editor for Sports.
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