Gold medal from 1984 U.S. Olympic Basketball Team expected to sell for $70K

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'Anything from the U.S. basketball team—and the 1980 men's hockey team—always demands a lot of interest,' RR Auction Executive VP Bobby Livingston said.

, Chris Mullin and Patrick Ewing and was led by coach Bobby Knight. The team averaged more than 95 points per game with an 8-0 record and held their opponents to an average of about 63 points per game.

"Anything from the U.S. basketball team—and the 1980 men's hockey team—always demands a lot of interest," RR Auction Executive Vice President Bobby Livingston said. The medal was originally obtained by a collector who bought it directly from a team member, but Livingston said the identity of the player remains confidential. The collector then consigned the medal to be auctioned.A gold medal from the 1984 Olympics won by a member of the U.S. men's basketball team is expected to sell for $70,000 at auction by Boston-based RR Auction.

One of those exceedingly rare first-place silver medals is for sale in an Olympics-themed auction that opens Thursday. The nearly 200-lot sale hosted by RR Auction also includes several Olympic torches, including one used during last year's torch relay before it was shut down because of the coronavirus pandemic.The 1896 silver medal is expected to sell for about $75,000 given its rarity, Livingston said. Unlike today's behemoth Games with thousands of athletes and hundreds of events, the 1896 Olympiad featured about 250 athletes—all men—from a little more than a dozen nations competing in 10 sports.

 

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