'Miracle on Ice' medal up for auction - bidding starts at $62,000

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The exploits of Team USA Men's hockey team during the 1980 Winter Olympic Games are etched in the memory of every fan, with the story of their heroic exploits agains the Soviet Union, and then Finland, being passed down to  every generation.

And now they have been given the chance to own a piece of that monumental occasion after one of the 1980 roster, Mark Pavelich, announced that he would be putting his gold medal up for auction.

Pavelich is hoping to raise a significant amount by parting with the treasured memento in order to fund his children's education according to Heritage Auctions sports director Chris Ivy.

And the prospects certainly look good for Pavelich, who played forward in the historic roster.

Mark Wells, the last of Pavelich's fellow teammates to sell a 'Miracle on Ice' medal brought in $310,700 with the sale.

And, according to the Minneapolis Star Tribune, this summer sale is expected to bring in around $250,000 at least.

At present though, Heritage Auction are to start the bidding at $62,500 for Pavelich's medal, with the auction running until the middle of May.

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