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Anybody in the market for a used gold medal?

September 21, 2010

Mark Wells, a member of the 1980 U.S. Hockey team (you remember them, right?) sold his several years ago:

(Wells) worked in the restaurant business until his early 40s, when he developed a genetic disease that attacked his spinal cord discs and has affected him since the mid-1980s. Forced on hard times, Wells had to sell the medal to a Connecticut memorabilia collector a few years ago

Wow, too bad ObamaCare wasn’t in effect back then.

…That collector has now put the “Miracle” medal on the market.

Phil Castinetti, owner of Sportsworld, Inc., a sports memorabilia shop in Saugus, Mass., is helping to a find a buyer. Castinetti told Puck Daddy on Monday that he is waiting to see if any offers come in that would warrant a sale; otherwise, the gold medal will be sold via an eBay auction.

On eBay. Sheesh.

And how much is it worth?

Castinetti told the Boston Herald that he thinks Wells’ gold medal will sell for around $125,000 because of its scarcity, as there are only 20 out there. A “spare” medal from 1980, that wasn’t given to a player, sold at auction in March for nearly $15,000.

Gotta tell ya, for that gold medal, $125,000 sounds kinda low.


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