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Rare First Modern Olympic Games Medal Sold For Over $180,000.

When the first modern Olympics were held in Athens in 1896, winners did not get gold medals as they will later this month when the Tokyo games get underway. Instead, they got silver, while runners-up got bronze. There were no medals for third place.

One of those exceedingly rare first-place silver medals was for sale in an Olympics-themed auction by Boston based RR Auction. 


The winning bidder for the silver medal from the 1896 games in Athens, Greece, was a collector based on the East Coast. The company estimated before the auction that the first place medal could fetch about $75,000.

It was sold for $181,111.

Unlike today’s games where thousands of athletes compete, just 250 - all men, were featured at the first modern games, the company said.

The auction began on July 15 and concluded on July 22.  

Other notable items sold include a gold medal bestowed on the Argentine men’s football team, inspired by Lionel Messi against Nigeria during the 2008 Beijing Summer Olympics that went for more than $97,000.

A gold medal for the U.S. men’s basketball team during the 1984 Los Angeles Summer Olympics also sold for more than $83,000.

And a gold medal awarded to Swedish wrestler Ivar Johansson during the 1932 Los Angeles Summer Olympics sold for more than $45,000.

So, which team are you cheering for during the Tokyo Olympics 2020? 

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