Sumary of The Olympics treasures that sell for thousands:
- Good investment: A poster for the 1948 Olympics went under the hammer for £1,000 The Olympic Games have produced some of the finest sports memorabilia over the decades.
- Some objects are surprisingly common and, as a result, aren’t worth a great deal – but they still have plenty of aesthetic and sentimental value to fans of the Games.
- However, others can fetch hundreds of thousands of pounds at auction.
- Graham Budd, owner of sports memorabilia auctioneer Graham Budd Auctions, says: ‘Survivors from the 1952 Helsinki Olympics are exceptionally rare as only 22 torches were made – and only 15 of these were made in hallmarked silver.
- ‘ Six years ago, Budd sold one for a record £420,000 to former Saracens rugby club chairman Nigel Wray.
- These sell for around £23,000. Dan Wade, manager of online auction house Paul Fraser Collectibles, says: ‘For me, the torch is the finest piece of Olympic memorabilia – because the flame is such a powerful symbol that harks back to a tradition started in ancient Greece.
- This rarity obviously adds to their value when they do appear at auction.
- It had belonged to the great black American sprinter Jesse Owens who won it in the 1936 Berlin Olympics.