Rare 1904 Olympic gold medal up for auction

A gold medal from the 1904 St. Louis Olympics, awarded to the 110-meter hurdles champion, is being auctioned as part of a collection featuring hundreds of Olympic memorabilia spanning decades, reports AP.

The medal, inscribed with "Olympiad, 1904," depicts a victorious athlete holding a wreath on one side and Nike, the ancient Greek goddess of victory, alongside Zeus on the other, with an engraving specifying the hurdles event. Awarded to American athlete Fred Schule, it comes with its original ribbon and leather case.

This marked the first Olympics where gold medals were introduced, with the U.S. dominating by winning 78 of 96 events. Unlike modern Olympic gold medals, which are primarily silver with gold plating, these were smaller and crafted entirely from gold.

Bobby Eaton, an Olympic memorabilia specialist at Boston-based RR Auction, highlighted the rarity of such medals, noting that few of the roughly 100 awarded in 1904 remain, as many have been lost or are held in private collections and museums.

The 1904 Games, remembered for both achievements and controversies, were initially set for Chicago but were moved to St. Louis after disputes with the World's Fair organizers, who threatened to hold their own competing athletic events. The marathon was marred by scandal when Fred Lorz, initially thought to be the winner, was found to have traveled part of the race by car. Additionally, "Anthropology Days" saw indigenous tribes competing without prior notice as part of the Louisiana Purchase Exposition.

The event also introduced boxing and freestyle wrestling to the Olympics, alongside now-defunct events like croquet and tug-of-war.

"These medals are more than symbols of competition; they represent the early days of the modern Olympics," Eaton remarked, describing the auction as a rare opportunity for collectors.

The auction also features other Olympic treasures, including a bronze medal from the 2024 Paris Olympics and gold medals from the 1932 Los Angeles, 1964 Tokyo, 1998 Nagano, and 2012 London Games.

Olympic memorabilia continues to attract high prices. In recent years, Luz Long's 1936 Berlin Olympics silver medal sold for over $488,000, while a silver medal from the first modern Olympics in 1896 fetched $180,111 in 2021. More recently, Yuri Cheban of Ukraine sold his medals to support the war effort, and Ryan Lochte auctioned six of his medals for charity, retaining only his golds.

Looking ahead, the Summer Olympics will return to Los Angeles in 2028, marking its third time hosting, after 1932 and 1984.