Olympic Hockey Goalie Jim Craig Puts Up Gold Medal For Sale For Second Time

CoinWorld - The gold medal presented to Jim Craig as the goaltender for the United States' "Miracle on Ice" men's hockey team from the 1980 Winter Olympics in Lake Placid, N.Y., is expected to bring between $1 million and $1.5 million in a Lelands online auction closing June 17.



The medal is one of 17 total lots consigned by Craig, a business consultant and motivational speaker who is president of Gold Medal Strategies. Bidding opened May 17.

Craig says he's selling the Olympic memorabilia to provide a stable financial future for his children and grandchildren, and he also plans to donate some of the net proceeds to charity.

The other lots include Craig's hockey equipment worn in the semi-final game against the Soviet Union and championship game against Finland, as well as the American flag Craig draped himself in skating on the Olympic ice following the gold medal victory.

The 17 items and two others were unsuccessfully offered together in July 2015 by Lelands by private treaty for $5.7 million.

The lot description for Craig's gold medal in the June auction states: "The 'Miracle on Ice' game was heroically fought during the height of the Cold War, the Soviet Union was portrayed as the enemy out to destroy our way of life. All of this was captured in this game, and the USSR's collapse was hailed by the west as a victory for freedom, a triumph of democracy over totalitarianism, and evidence of the superiority of capitalism over socialism."

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