All but one of Olga Korbut’s Olympic medals fetch $230,000 at auction
Five of gymnast Olga Korbut‘s six Olympic medals were auctioned for a total of $229,200 over the weekend.
Korbut earned six medals combined for the Soviet Union at the 1972 and 1976 Olympics. She put five of the six up for auction, excluding her balance beam gold medal from Munich 1972. That gold was stolen from a Moscow museum, according to Heritage Auctions.
The highest-grossing medal was her team gold from Munich 1972, which went for $66,000. The least-grossing were her balance beam and uneven bars silver medals from Montreal 1976, going for $26,400 each.
Korbut, now 61 and living in Arizona, said she sold her medals to allow her fans to share in her history-making achievements, according to The Associated Press.
“This is Olympic history, and I would like to share with the whole world,” Korbut said, according to the AP. “They helped to make it history and make it live forever. This is how I wanted to share with the people.”
OlympicTalk is on Apple News. Favorite us!