The Olympic gold medal that Mark Pavelich won as part of the U.S. hockey team's "Miracle on Ice" victory has sold for $262,900.
More than three decades after the American team won an unlikely title at the 1980 Lake Placid Games, Pavelich put the piece of sports memorabilia up for bidding through a Dallas auction house.
The U.S. squad earned a memorable upset win over the Soviets in the 1980 semifinal, then defeated Finland in the final.
Pavelich decided to part with the gold "to put away some money for his daughter and because, given that he had the experience and really didn't spend a lot of time with the medal, he thought it would mean more to a collector," a spokesman for Heritage Auctions said.
During the same auction, a Dodgers jersey worn by Sandy Koufax during the 1965 season also sold for $262,900 and a baseball from his second no-hitter in 1963 went for $83,650.