Vancouver 2010 Olympic gold medal sells for $68,750 at auction

Gold winner’s medal for freestyle skiing from Vancouver Olympic Games sold for $68,750 at auction

The Olympic gold medal belonging to Alexei Grishin aerial skiing champion sold for $68,750 according to Boston-based RR Auction. The winning bidder, who wishes to remain anonymous, is a collector from Belarus.

Grishin is a Belarusian freestyle skier who competed at five consecutive Olympics from 1998 to 2014. In 2010, he won the first-ever winter Olympic gold medal for his country.

Among the most beautiful and innovative of all Olympic medals, those created for the Vancouver 2010 Games feature Canadian aboriginal art and a unique undulating form, the first Olympic medal to have such a design.

The medal is among the heaviest in Olympic history; each struck nine times as part of an exhaustive 30-step fabrication process. Additionally, each of the 615 medals created for the Vancouver Games features a hand-cropped section of the artwork that ensures that no two medals are the same.

"We're thrilled that medal will be returning to Belarus," said Bobby Livingston, Executive VP at RR Auction. "Grishin plans to use the proceeds from the sale to pay for an operation and related medical expenses of a close friend. Everyone involved is a winner in this sale."

In addition, Grishin's Salt Lake City 2002 Winter Olympics Bronze Winner's Medal sold for $28,410.

Highlights from the sale include, but are not limited by:

Oslo 1952 Winter Olympics Torch sold for $50,000.

Lake Placid 1980 Winter Olympics Set of Gold, Silver, and Bronze Winner's Medals presented to the president of the Lake Placid Olympic Organizing Committee sold for $25,000.

Beijing 2008 Summer Olympics Silver Winner's Medal sold for $13,752.

The Olympic Auction from RR Auction began on July 15 and concluded on July 18. For more information, go to www.rrauction.com.