Tag: auctions


Auction for Mike Eruzione’s ‘Miracle on Ice’ gear fetches over $1.3M


An auction of memorabilia from Mike Eruzione’s run with the 1980 U.S. Olympic “Miracle on Ice” hockey team generated more than $1.3 million on Saturday, according to the Associated Press.

The jersey he wore in that famous win against the Soviet Union was the big ticket item at almost $660K, but other items really drove up the total:

Spirited bidding drove the value of the hockey stick to $262,900, more than five times the $50,000 it was expected to go for as a 9-year-old boy and his father outbid others, earning a high-five slap and a hug for the youth from Eruzione himself.

Gloves he wore throughout the Olympic tournament sold for $53,775, more than 10 times their pre-auction estimates. The blue jersey the team’s captain wore to win the gold against Finland fetched $286,800. Even his warm-up suit sold for $26,290 while his red pants went for $28,680.

The 58-year-old icon insists that he didn’t auction the items off because of money problems. Instead, he intends to leave behind a nice “nest egg” for his family and also expects to benefit the charitable Winthorp Foundation.

There’s at least one item Eruzione wasn’t willing to part with, though.

“As long as I’m alive, the gold medal won’t be sold,” Eruzione said.

Mark Wells’ Miracle on Ice gold medal sells for $310K


A few months ago, we passed along the news that Mark Wells decided to make the sad decision to sell his gold medal from the unforgettable* 1980 U.S. Olympic Hockey team run (aka “The Miracle on Ice”).

At the time, estimates indicated that the gold medal would fetch something along the lines of a $125K bid because of the moment’s historic importance and the extreme rarity of such openly endorsed gold medals. (Plus it’s made of gold … that’s what I like to call the Shiny Object Bonus.)

Well, Puck Daddy’s Sean Leahy points out that the auction went for much more than that, fetching an impressive – though far from unthinkable – $310,700 from an unnamed bidder at Heritage Auctions.

Wells went out of his way to prove that the medal was his, including writing an emotional (and somewhat heartbreaking) letter that pointed out the fact that he slept with the medal until the day he was forced to give it up. Ouch.

Who knows what will be done with the gold medal, but hopefully Wells might see it again someday.

* – I say this was unforgettable mainly from stories I’ve been told, since it happened more than four years before I was born.

(Gold medal image via Heritage Auctions.)