"The winning bidder is a Western United States rancher who enjoys many categories of collectibles, but this was his first purchase from our sports department. He is very excited to own this iconic piece of American sporting history," said Greg Rohan, President of Heritage Auctions.
The gold medal was awarded to Mark Wells, then 21 years old and a center for the U.S. team," said Chris Ivy, Director of Heritage Sports Collectibles. It was created by Tiffany & Co. The obverse shows a raised torch framed between the words "XIII Olympic Winter Games" and the Olympic rings. The reverse shown above has a tree with the raised text "Lake Placid 1980" and the engraved lettering "Ice Hockey, Mark Wells." The medal hangs from its original powder blue and white ribbon. Wells privately sold the medal earlier this year to an anonymous collector who consigned it to the Heritage auction.